Cryptocurrency Q&A
Can I still mine toncoin?
Can I still mine toncoin?
CherryBlossomGrace
Tue May 14 2024
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5 answers
771
I'm just curious, could you please tell me if it's still feasible to mine Toncoin? I've heard a lot about it recently and I'm quite interested in exploring this crypto mining world. However, I'm not entirely sure if the mining process is still profitable or if there are any specific requirements I need to meet. Could you possibly shed some light on this matter for me? I'd really appreciate it if you could provide some insights on the current state of Toncoin mining and whether it's worth getting into at this point in time.
5 answers
EclipseChaser
Wed May 15 2024
Among the various platforms and services available in the cryptocurrency industry, BTCC stands out as a leading UK-based exchange. BTCC offers a comprehensive suite of services, including spot trading, futures trading, and wallet solutions, catering to the diverse needs of cryptocurrency users.
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CryptoWarrior
Wed May 15 2024
Toncoin mining has officially come to an end. This marks the conclusion of a two-year-long process that saw the distribution of TON tokens through a unique mining mechanism.
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Daniele
Wed May 15 2024
Prior to the closure of mining, users had the opportunity to participate in the process until June 28th, 2022. During this time, approximately 200,000 TON tokens were mined daily, representing a significant contribution to the overall supply.
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Riccardo
Wed May 15 2024
The mined tokens were placed in special Giver smart contracts, designed to facilitate the distribution process. This innovative approach allowed anyone to participate in mining, regardless of their technical expertise or resources.
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ZenHarmony
Wed May 15 2024
The completion of the initial distribution phase marks a significant milestone for the TON project. It signifies the transition from a mining-based distribution model to a more stable and sustainable phase of development.
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