Cardano Founder Charles Hoskinson Shares His Take on Bitcoin Mining Drama in China

Charles Hoskinson recalls that proof of stake (PoS) systems demonstrate higher mobility and therefore can be deployed “anywhere in the world.”

“I wish Chinese miners the best of luck”

In his latest tweet, Mr. Hoskinson compared the proof of stake (PoS) and proof of work (PoW) systems. This is as China-based miners are having hard days looking for the opportunity to move their businesses out of China.

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