MinerGate Mining Tip – #2

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Two types of coins there are – Minable and Pre-Mined. Mineable coins are using the proof-of-work (PoW) consensus algorithm to generate new blocks, with the Proof-of-Stake (PoS), the creator of a new block is chosen in a deterministic way, depending on its wealth, also defined as stake. Basically, PoW coins are ones that can be mined while PoS are ones that pre-mined.

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