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RE: Koin Mining Difficultly Increasing Exponentially.

in #leofinance4 years ago

I must confess this is pretty interesting and even if I followed these series I didn't understood the mechanics too well. It is like you mine KOIN by selling ETH..? In the same time do you think is still opportune to invest in it?

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You mine Koin with the mining software (high CPU/cache usage), but you can't claim a reward (proof) without posting it to the ETHEREUM blockchain, which costs gas ($2). The harder the proof is you solve the more Koin the reward is worth.