SparkPool
373 posts

SparkPool
@sparkpool_eth
Mining pool since 2016.






This just isn't the case with Proof of Stake currencies. The selling pressure behind a system such as Avalanche comes solely from the folks who made a lot of money and want to liquidate. It isn't constant, it isn't an inherent part of the protocol's operation.

As a result, there's constant downward selling pressure on PoW coins such as Bitcoin and Ethereum.

1/ ETH2 pos launched on 2020-12-01. After 6 months, Top5 ETH2 staking pools have 33.94% share now. In addition, Coinbase will launch its staking pool soon. Do you think it will have a smaller share than Kraken? How about six years later?


@HachiSalas86 @0xMiel @trent_vanepps @TheBlueMatt @HassanAesthetic @jack @VitalikButerin Also, the top 5 validators only comprising 20-25% of stake is damn good. What percentage of mining power do the top 5 Bitcoin or Ethereum mining pools make up?










