Post
Topic
Board Mining (Altcoins)
Re: How can I set up my own Proof of Stake Mining Rig?
by
Mikesol
on 08/01/2018, 21:42:38 UTC
Proof of stake is where you get rewarded for holding coins (usually bought). Proof of work is where coins are awarded for mining. Many of the recently launched coins are POS only and no mining is involved. Older coins tend to be POW only. Some coins change from POW to POS at some point. Just have to study the coins you are interested in to see how they operate.