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Author Topic: Can all types of crypto be mined?  (Read 106 times)
serizawax
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February 28, 2018, 12:45:55 AM
 #1

we must already know that crypto is very much, whether all types of crypto can be mined?

I want to ask you again, why crypto so much ?, whereas all crypto function the same.
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sabine80
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February 28, 2018, 01:01:00 AM
 #2

most of the alltcoins are minable, but not all. some of them use other system (for example pos system) or they are only tokens on other blockchain and not mineable. new systems like iq cash can only be mined with solving puzzles. maybe do some reaseach in the alltcoin section: https://bitcointalk.org/index.php?board=159.0

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Manoharachan
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February 28, 2018, 01:18:47 AM
 #3

For mining issues not all coins can be mined and that depends on the developers, and indeed a lot of new coin in this world, many developers are creating new coins because developers see the potential of many people who like to plunge in the world of cryptocurrency coin.
muhammed27aslam
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February 28, 2018, 01:29:05 AM
 #4

Use coinmarketcap.com and check for the particular coin details.
Dexion
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February 28, 2018, 02:00:22 AM
 #5

yes, all altcoins can be mined, but the problem is the potential profit or not, the mining device used, and the power hash owned.

and also all types of altcoin have different properties, altcoin that can be mined by everyone, altcoin traded but not mined, and pre mined or that has been mined by the maker.

with a lot of crypto, I think the main purpose is to maintain the crypto world stable.

AlexAtom
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February 28, 2018, 02:46:14 AM
 #6

we must already know that crypto is very much, whether all types of crypto can be mined?

I want to ask you again, why crypto so much ?, whereas all crypto function the same.

most of cryptocurrency coin can be mined. you just need to know whether they are PoW (Proof of Work)
because PoS (Proof of stake) coin cannot be mined if they don't have PoW system.

thevlox
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July 21, 2018, 05:38:02 PM
 #7

No all bitcoin is not minded.

 All crypto's have their own rules. And it may not be the choice of everyone
spazie
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July 21, 2018, 06:21:01 PM
 #8

I think all the money crypto can be in mine, because all crypto have different values, miners have their own choice, see the value in coinmarket.
solkinsolali
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July 21, 2018, 06:28:30 PM
 #9

Some cryptos are mineable while others are not. I don't really know much why this is so, but I do feel it is usually set by the developers of that particular crypto.

BitcoinRM
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July 23, 2018, 11:23:04 PM
 #10

"I want to ask you again, why crypto so much ?, whereas all crypto function the same"

All the cryptos do not function the same. It depends on the team that creates the crypto.

Heidim
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July 24, 2018, 06:42:29 AM
 #11

You should check out https://coinmarketcap.com/ There you can see which ones is mine able and which ones not. It's very convenient because there you will find all the links to their websites, telegram, discord, github etc. That way you can do your research to see what you need to mine if its profitable of if it's pos. 
Muhammedayo
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July 24, 2018, 07:24:57 AM
 #12

The answer is simply NO.
Not all coins are mined, there are even premined among others.
Don't bother yourself much on this as coinmarketcap have made it simple to identify.
freighttrain
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July 24, 2018, 09:19:05 AM
 #13

If you intend to mine cryptocurrencies,  ensure you have a very good hardware which can provide you good value for your money. Else,  you might be wasting time. It's usually better to buy them from exchanges rather than mining them.
book1483
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July 29, 2018, 08:20:26 PM
 #14

Not all coins can be mine.

For example, in top 10 marketcap coins, both Ripple and Stellar created all coins at launch.

There are other coins such as EOS which can be mined, but because of DPOS census, not everyone can mine. Only those who have enough votes will be able to mine.
CathalG
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July 29, 2018, 09:40:28 PM
 #15

It's a funny thing that ERC-20 tokens are not mineable even though all of the transactions are still proceeded by miners.

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July 29, 2018, 10:54:57 PM
 #16

The long answer is: No
TruthOfficial
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July 30, 2018, 10:03:55 AM
 #17

Not all crypo can be mined. Proof of work coins can be mined where as in proof of stake systems no mining is involved.
forestgunman
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July 30, 2018, 10:14:47 AM
 #18

No, not all coins are minable, some coins are designed in a way that nobobdy is able to mine. For those coins, all coins are already mined before the launch of the project to the public.
daviost
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July 30, 2018, 02:03:44 PM
 #19

Not all types of crypto can be mined. The simple way to check if the coin can be mined or not is you can open coinmarketcap, check the coin you want to mine
and check it below the source code it will written as 'Mineable'.



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hummadurrani
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July 30, 2018, 07:29:08 PM
 #20

You should check coinmarketcap.com to confirm but yes they all can. Unfortunately though with the high power consumption cost, you're better off just investing rather than mining. Unless it makes sense monetary wise. You don't want to pay more than you earn Smiley
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