
Any investor in cryptocurrencies wants to receive passive income without the cost of purchasing expensive equipment. When mining cryptocurrencies on POW, this is not possible due to the growing complexity and obtaining blocks by selecting the only correct hash. Alternatively, the earnings on the coins having a different mechanism of consensus — POS. This type of mining is called STAKING cryptocurrency.
Cryptocurrency Staking is an alternative method of mining, which involves storing virtual coins on a wallet connected to the Network. In other words, it is the mining of coins working on the POS consensus mechanism. The principle of earnings is similar to buying shares and then receiving dividends or making a Deposit. Yields and Stacking methods may vary depending on the POS rules in effect for a particular virtual coin. At the same time, it is easier to earn cryptocurrency, because there is no need to buy special equipment — it is enough to have a PC, connect to the global network, buy and store virtual coins on the wallet.