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Author Topic: Exploring Alternatives in the Crypto Market  (Read 67 times)

Offline Musa

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Exploring Alternatives in the Crypto Market
« on: May 15, 2024, 04:05:19 PM »
The market dip has put a damper on trading for many of us, and I've had to adapt my strategies to stay in the game. Lately, I've been focusing on staking and mining, but mining is not what it used to be. I've noticed offline mining emerging, with projects like Canxium claiming to be pioneers in this new space. I'm curious - has anyone here tried offline mining? how do the yields compare to traditional online mining?

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Exploring Alternatives in the Crypto Market
« on: May 15, 2024, 04:05:19 PM »

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Offline joniboini

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Re: Exploring Alternatives in the Crypto Market
« Reply #1 on: May 15, 2024, 10:06:39 PM »
I find it hard to understand how their concept works. Based on my quick read, are they suggesting that miners will mine offline, and validators will accept and validate transactions but need to wait for any published blocks before they can confirm it? How would this ensure that transactions are not fake, faulty, and so on? I find it hard to believe they can achieve security and scalability at no cost. CMIIW.

I don't think there are enough projects or time to compare how much you can make from this activity, so who knows how the yield is? Maybe you can ask on their group or social media.

 

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