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Author Topic: Mining Neo  (Read 2350 times)

Offline Learntoken

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Mining Neo
« on: February 20, 2018, 05:59:04 AM »
Is is possible to mine NEO?
If so, how can you do that?
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Mining Neo
« on: February 20, 2018, 05:59:04 AM »

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Offline Crypto Roger

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Re: Mining Neo
« Reply #1 on: February 22, 2018, 09:11:04 PM »
No Neo can not be mined. Because NEO is proof of stake.

But you get GAS for free, while you hold NEO in a wallet.
Can can take a look here https://neotogas.com

Offline MelchiZedek

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Re: Mining Neo
« Reply #2 on: May 07, 2018, 05:26:50 PM »
It is not possible to mine NEO.
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Offline ahirice

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Re: Mining Neo
« Reply #3 on: May 07, 2018, 07:20:23 PM »
Miners are not needed for NEO.

NEO is using the Delegated Byzantine Fault Tolerance consensus protocol. NEO holders verify transactions and earn a GAS stake for doing so, proportional to the amount of NEO hold.
You can collect the GAS by executing a smart contract.

You also have many projects built on NEO that chose to airdrop tokens to NEO holders instead of doing ICO. Ontology did so a few weeks ago. NNS Neo Name Service will too.

Offline Synvc

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Re: Mining Neo
« Reply #4 on: May 20, 2018, 10:35:37 AM »
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Offline alexsun007

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Re: Mining Neo
« Reply #5 on: May 20, 2018, 07:57:22 PM »
cool

 

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