- At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism.
- Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW and out of all of them, there’s roughly 230 exahash per second (EH/s) of hashpower combined.
- Out of every PoW coin in existence, BTC equates to 94% of the PoW coin economy’s USD value.
The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50…
