Report post

Can Ada be mined like other cryptocurrencies?

This means that ADA cannot be mined like most cryptocurrencies as it uses the Proof of Stake (PoS) algorithm i.e. it works through cryptocurrency staking and all ADA coins were previously mined during its inception.

How to mine Cardano (Ada) coin?

The best way to mine ADA coins is the GPU. If you feel like mining ADA on your PC, the major advice is to join some miner pools. Step 1. Get a Cardano wallet like Daedalus Wallet, Yoroi Light Wallet for Cardano, Exodus or Atomic wallet. After that, copy your public Cardano address. Step 2. Download the XMRig MSVC version from XMrig.com or GitHub.

Is it possible to mine Ada?

However you cannot mine it directly because it’s based on Proof of Stake (PoS). What you can do is mine ETH, earn and save it as ADA in your wallet.

What is Cardano (Ada) cryptocurrency?

As I already told you earlier in this tutorial, Cardano is a cryptocurrency based on proof of stake. And it means you cannot show work because it doesn't require proof of work. Let me define both in simple words for you now.

The World's Leading Crypto Trading Platform

Get my welcome gifts