Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: babananak on January 03, 2017, 01:26:30 AM



Title: POS mining ?? help
Post by: babananak on January 03, 2017, 01:26:30 AM
hi all
I would like to know how POS mining works and how ca I do it ?
does i just require my computer or do I require any other hardware?
what coin mining can be done and what can be possible benefits?


Title: Re: POS mining ?? help
Post by: Edraket31 on January 03, 2017, 01:33:19 AM
hi all
I would like to know how POS mining works and how ca I do it ?
does i just require my computer or do I require any other hardware?
what coin mining can be done and what can be possible benefits?

POS mining doesn't require any special hardware, you only need the coin wallet installed in your PC and the wallet should stay opened and it will stake automatically for you, but staking won't give you big profit specially if you only have very small amount of coins in your wallet. its like mining, the more coins you have the more chance of mining stake coins


Title: Re: POS mining ?? help
Post by: QuintLeo on January 03, 2017, 07:38:42 AM
"POS Mining" is actually misnamed.
It's more an "investment into the coin that pays interest in that coin" than any sort of actual MINING.