PoS miningsteemCreated with Sketch.

in #pos8 years ago (edited)

Nowadays almost everyone heard about mining and how can earn cryptocurrecy. You need to have a mining powers or buy some powers using cloud mining but there are another way to earn some coins and it is a POS mining.
What is POS?
It's an abbreviation from Proof of Stake i don't want to describe an entire process how it works(you can find it out by yourself) but this can help you to earn some coins basically by doing NOTHING :)
But there are few things you need to know:

  1. Not each cryptocurrency using this algorithm(ReddCoin, BlackCoin and a lot of other does use it).
  2. You have to have a wallet app on your PC or laptop installed(not some online wallet).
  3. You need to have some coins stored in your wallet to be able to get a reward(more coins - more reward).
    I have my own strategy how to get max profit from PoS mining i will write about it later.
    PoS mining is eco-friendly comparing to PoW mining(hashpowers).

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