Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
Cryptory
on 24/06/2017, 16:19:39 UTC
Anyone here to help a newbie? I have no slack and I can't find how to get some tokens, how can I mine this and what should I do?

IOTA you can buy @ Bitfinex.
Other than exchanges? you know it's not like someone asking you where do babies come from and then you answer: you can buy them

From supermarket  Wink. if it's not mine-able then why would I buy? I'll try to find something which I could mine it myself.


Quote
Is IOTA inflationary? Can I mine IOTA's?

All IOTA's which will ever exist have been created with the genesis transaction. This means that the total supply of IOTA's will always stay the same and you cannot "mine" IOTA's. Therefore keep in mind, if you do Proof of Work in IOTA you are not generating new IOTA tokens, you're simply verifying other transactions.

The created IOTA`s were distributed in a crowdsale. At the moment the only way to get IOTA is to buy at bitfinex.