RE: People are Racing to Accumulate 32 ETH - Here are the Figures

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People are Racing to Accumulate 32 ETH - Here are the Figures

in threespeak •  5 years ago 

What is Ethereum?

  • Initial wealth (70% is premint) is in a few hands: 53% is owned by 400 wallets.
  • Mining is monopolized: 2 pools control 51% of the hashrate.
  • Returns are miniscule: $0.3 daily earnings in PoS with 32 ETH min stake.
    Source: https://etherscan.io/stat/miner?blocktype=blocks
    Proof-of-Stake will always make the rich richer. There are other, more decentralized and fair blockchains to come.
threespeak
5 years ago by

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      ·  5 years ago 

    Finally somebody who has some critical thinking.

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