I'm interested in
Solana and want to know if it can be mined. I've heard about cryptocurrency mining, but I'm not sure if it applies to Solana as well. Can Solana be mined like other cryptocurrencies?
7 answers
Valentino
Tue Dec 31 2024
Solana operates on a Proof of Stake (PoS) consensus mechanism.
Chloe_martinez_explorer
Mon Dec 30 2024
Staking involves locking up SOL tokens to support the network's operations.
Nicolo
Mon Dec 30 2024
This mechanism differs significantly from Proof of Work (PoW).
DigitalDynasty
Mon Dec 30 2024
BTCC, a top cryptocurrency exchange, offers a range of services.
TaekwondoMasterStrengthHonorGlory
Mon Dec 30 2024
In PoS, validators are chosen based on their stake in the network.