CAN TRONS BE MINED

in Tron Fan Club3 years ago (edited)


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Hi guys,

Today I am here to talk about one of the interesting aspect of any crypto currency. Well with crypto currencies we all wished we could mine them because you wouldn't have to use your money to buy the assets and wait for them to rise. Mining crypto currencies doesn't come at a cheap cost as a miner needs to gather special machine to be able to go through these process. The problem with mining is that as interesting as it sounds, it is quite difficult maintaining the devices the miner is using for the mining of the assets.

Unlike with BTC mining, that is well known and practiced by many miners trx mining is not possible as the coins have mined in full. With BTC mining is it estimated that a minimum of 500 dollars which is equivalent to
1360 steem at the current rate is needed for a miner to get his equipment and start mining. Well for a regular BTC miner this amount is fairly small as the computing speed and the intelligence needed for the computer to run the nodes and to also solve the mathematical problem might not just be there as the miner wants it.

We have to remember that mining here means that for a miner to be rewarded he has to be the first to come out with the solution to he algorithmic problem. So this means that the other miners you are competing with will obviously have more computing power and faster machines that will solve thus problem. So generally it is estimated that for a miner to have a machine that is up to task , the worth of assembling this machines is roughly $15000. And we also have to take into consideration the maintenance of these machines and also light bill cause these machines will be running for most or the whole day.

Mining trx as I stated earlier is not possible as the trx have been mined in full but a trx trader who wants to earn trx can still do so by helping to validate these coins. Validation of coins work a trader freezing his trons assets to be get the tron power to be able to vote. This means that unlike BTC mining where a miner has to have expensive hardware, the trx miner needs to invest in the trx asset and then use that asset to acquire tron power which is used for voting.

So users on the blockchain who have more trx assets have the chance of getting picked and voted as validators who can earn more trx.
This enough for now as I have written enough already, stick with me whilst I give information about how to be a validator on the trx blockcahin to be able to earn more trx.

Thanks for reading.

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 3 years ago 

Except this method of freezing, trx can be mined directly in the system of Super Representative (SR) with Proof of Stake method.

Focus on sentence making. Some sentences have no meaning. Thanks

Yep after going through it once more I’ve seen the mistakes and would try to correct them next time.

Thanks for taking effort to read and comment.

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