XBC Dedicated mining pool coming soon! HashCo,ws has now updated wallet! Get miners back on it! XBC team buying rigs to create some serious pressure!!!!!
Mining? I thought it was going to PoS only. What will.the miners be doing, just getting TX fees?
They will be mining other (most profitable) coins which will then be traded for XBC on an exchange and send to miners.
Thank you jcarl. Allow me to elaborate a bit.
Multipool mining for PoS coins is something that BC started. It's a way to indirectly get XBC through mining.
Basically you're mining other POW altcoins, selling them for BTC, and using that BTC to buy XBC....the pool automatically does this process. So miners connect to mine, and get paid in XBC.
This is great for PoS coins because it will add constant buying pressure when the pool makes market purchases in order to do the payout of XBC.