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Proof of Work VS Proof of Stake

Syntropy Cloud Mining offers the ability to mine using either the Proof of Work or Proof of Stake consensus methods. That sounds interesting but what does it mean?

Proof of Work and Proof of Stake are two different types of computer algorithms that are used to derive value from cryptocurrencies such as Bitcoin and Ethereum.

This video provides a simplified explanation of the two methods to help you understand the mechanisms that drive digital currencies.

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