You are viewing a single comment's thread from:

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

in #threespeak5 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.
Sort:  

Finally somebody who has some critical thinking.

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 62847.35
ETH 2464.17
USDT 1.00
SBD 2.64