Staking Crypto for passive income
2 min readMar 29, 2021
Did you know you can earn income by staking you cryptocurrency without investing in expensive mining hardware and software?
It’s the difference between Proof-of-stake (PoS) the alternative to Bitcoin’s proof-of-work (PoW). Unlike mining, which requires eco-unfriendly massive power usage to validate crypto transactions, staking is an eco-friendly tactic with much less pull on the grid. It may require you as a validator (staker) be connected to the network 24/7. Therefore, you need a desktop computer that has uninterrupted internet access. I do it inside my Coinbase…