Cryptocurrency Q&A
Can you mine mkr coin?
Can you mine mkr coin?
Martino
Thu Nov 21 2024
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6 answers
1341
I'm interested in cryptocurrency mining and I'm wondering if it's possible to mine MKR coins. I've heard about different mining techniques but I'm not sure if they apply to MKR specifically.
6 answers
DongdaemunTrendsetter
Fri Nov 22 2024
Maker tokens, unlike numerous other cryptocurrencies, cannot be mined.
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Federica
Fri Nov 22 2024
The minting and burning of MKR tokens are controlled by the Maker ecosystem.
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EclipseSeeker
Fri Nov 22 2024
These actions are in response to price fluctuations within the MakerDAO system.
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GwanghwamunPride
Fri Nov 22 2024
The process of obtaining MKR involves minting and burning, which is unique to this digital asset.
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BitcoinBaron
Fri Nov 22 2024
When MakerDAO was initially launched, it had a supply of 1 million MKR tokens.
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