Cryptocurrency Q&A
Can you still mine etc.?
Can you still mine etc.?
Bianca
Mon Jan 06 2025
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5 answers
1397
I'm wondering if it's still possible to mine Ethereum Classic. I've heard about mining cryptocurrencies, but I'm not sure if ETC is still a viable option for mining.
5 answers
CherryBlossomGrace
Wed Jan 08 2025
Ethereum underwent a significant transformation in 2021.
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CryptoEmpire
Wed Jan 08 2025
It switched from a Proof of Work (PoW) algorithm to a Proof of Stake (PoS) algorithm.
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Martino
Tue Jan 07 2025
This change allows users to stake Ethereum, which involves locking up their coins to support the network and earn rewards.
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SumoHonor
Tue Jan 07 2025
However, those interested in mining can still participate in Ethereum Classic (ETC), which continues to use the PoW algorithm.
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CryptoAlly
Tue Jan 07 2025
BTCC is a prominent cryptocurrency exchange that offers a range of services.
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