Finally got around to updating the above spreadsheet.
I created 2 theoretical investment strategies, 1btc split up evenly among several POW cloud service providers and 1btc split evenly among several POS coins. Here are my findings.
Maintenance fees for POW I based on what the provider charges in usd and converted that to btc with the current exchange rate. POS fees I didn’t account for. Why? Because 1 raspi barely pulls 1 watt or less when idle, and it costs the same to stake 1 coin as it does 1mm or 10mm, as you invest more, your already near 0 % fee drops even further. If you chose to use a desktop that stays on 24/7 anyway, you aren’t paying anything extra over your current power costs.
I based the POS earnings in the current exchange rate to BTC, I plan on adding the math to account for an average % drop in value against btc for the same average time frame as difficulty increases for BTC POW.
1 BTC invested in cloud mining will currently net you
0.003348/BTC In daily payouts at the current difficulty after an average of 68.18% was taken for fees.
1 BTC invested in POS coins will currently net you
0.005912/BTC In daily earnings if you cashed them out at the current exchange rate, virtually no fees to run a raspi or a desktop that stays on 24/7 for media streaming or gaming, etc.
The winner? POS by a long shot.
POS doesn’t have any real minimum to get involved, IE, you can take 10$/week from your paycheck and buy a variety of coins to build up your staking balance across multiple coins.
You have access to your investment at all times, with POW some sites let you sell your GHS, usually at a much lower price than you originally paid, Others don’t offer the option at all.
If you let your stake compound, over time your average cost per coin drops and your more likely to sell it at a higher price than you paid for it, of course this is not guaranteed.
Does this mean that POW is worthless? Not in my opinion, POW is here to stay for the time being until POS proves itself to be better in every way, including security.
*The above was brought to you by Crypto Stake Coin, the crypto communities first fully managed POS backed smart asset hedged with POW.