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Author Topic: Is NEO mineable?  (Read 5448 times)

Offline MelchiZedek

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Re: Is NEO mineable?
« Reply #15 on: May 07, 2018, 04:41:33 PM »
It is not possible to mine NEO because all the 100 million coins were pre-mined during its development phase.
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Re: Is NEO mineable?
« Reply #15 on: May 07, 2018, 04:41:33 PM »

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Offline ahirice

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Re: Is NEO mineable?
« Reply #16 on: May 07, 2018, 07:17:27 PM »
NEO is using the Delegated Byzantine Fault Tolerance consensus protocol. It does not require any miner. NEO holders verify transactions and earn a GAS stake for doing so, proportional to the amount of NEO hold.

Offline SnowDawn

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Re: Is NEO mineable?
« Reply #17 on: May 16, 2018, 08:22:15 PM »
In order to find out if it is possible to drop this or that crypt, it's enough to go to the coinmarketcap and look at the value of Circulating Supple. If there is no asterisk, then this crypto currency can be mined.
   

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Offline fulled

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Re: Is NEO mineable?
« Reply #18 on: June 19, 2018, 09:52:20 PM »
Neo is not mineable coin, Neo is POS based coin, but the unique about NEO is you can claim your stake without staking 24hrs, you still can get your stake offline :)

Offline altcoingamer

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Re: Is NEO mineable?
« Reply #19 on: June 20, 2018, 05:45:30 AM »
Yeah the GAS is technically mineable but its more a Proof of Stake system.. its really bad dividends right now though for holding so long.. supposedly it gets better as price goes up and NEO becomes more used.. but its a really nasty gap right now where most people are comprehending whether its worth holding for long periods of time.

 

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