Mining
An mUSD token is a single cryptographic unit that allows the holder to mine kUSD.
Tue, 31 Jul, 2018 at 6:35 AM
A total of 2**30, or 1,073,741,824.
Tue, 31 Jul, 2018 at 6:37 AM
To mine kUSD, you must stake at least 30,000 mUSD tokens into a mining client.
Tue, 31 Jul, 2018 at 6:43 AM
Yes, you can stake as many mining tokens as you’d like on a single node. 30,000 mUSD is the minimum number of tokens to run a node. The minimum ensures that...
Tue, 31 Jul, 2018 at 6:50 AM
Yes, generally speaking mining with more mUSD will result in more kUSD mining rewards. This is because the more mUSD staked into a mining client, the more o...
Tue, 31 Jul, 2018 at 6:59 AM
No. Unlike other cryptocurrencies, the speed of the mining hardware is not important. A small cloud-based server is all that is required.
Tue, 31 Jul, 2018 at 7:02 AM
No. Unlike other cryptocurrencies, the speed of the mining hardware is not important. A small cloud-based server is all that is required.
Tue, 31 Jul, 2018 at 7:04 AM
Mainly because mining can be done with such a small amount of computational power that it is very inexpensive to mine.
Tue, 31 Jul, 2018 at 7:09 AM
That would be very cool, but it’s subject to the decisions of exchanges and how the regulatory environment evolves in the coming months.
Tue, 31 Jul, 2018 at 8:49 AM