Both staking and mining offer ways to earn crypto passively, but they use different mechanisms. Mining involves solving complex computations using hardware, while staking relies on locking crypto in a wallet to support network operations. This site compares their pros, cons, rewards, and risks.
Staking is the process of locking up crypto assets in a blockchain network to earn rewards, support operations, and validate transactions in Proof of Stake (PoS) systems.
Mining uses computing power to solve cryptographic puzzles and validate transactions on Proof of Work (PoW) blockchains like Bitcoin, earning block rewards.
Mining can offer higher returns with hardware investment and electricity cost, while staking offers stable, low-risk earnings depending on the token staked and network yield.
Generally, yes. Staking avoids hardware failures and high energy bills. However, it carries its own risks like token lock periods and price volatility.
You need specialized mining hardware like ASICs or GPUs, stable power supply, cooling systems, and mining software connected to a blockchain network.