Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: ss1980 on January 13, 2018, 08:54:50 PM



Title: CPU mining
Post by: ss1980 on January 13, 2018, 08:54:50 PM
AAA COIN CPU mining (PoW) and minting (PoS) - no GPU required.
How? Just by holding coin in your hardware wallet.
Details and wallet could be downloaded here http://aaacoin.us (http://aaacoin.us)


Title: Re: CPU mining
Post by: christabits on January 13, 2018, 10:43:06 PM
CPU mining is a common way to mine. However as the mining difficulty rises so does the need for more effective hardware. That’s when other mining hardware like GPU, FGPA and ASIC takes it place.


Title: Re: CPU mining
Post by: ss1980 on January 13, 2018, 10:44:56 PM
CPU mining is a common way to mine. However as the mining difficulty rises so does the need for more effective hardware. That’s when other mining hardware like GPU, FGPA and ASIC takes it place.

In the scenario of proof of work (PoW) yes. In the case of AAA Coin no as it's reliant on proof of stake (PoS) where you just hold coins in the wallet to prove transactions. No mining, it's called minting.