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What mining methods does bcx use (bcc mining)

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What mining methods does bcx use? Recently, decentralized exchange BCx announced

What mining methods does bcx use (bcc mining)

What mining methods does bcx use? Recently, decentralized exchange BCx announced the launch of liquidity mining. This involves providing a liquidity pool in the trading market, where users can stake and exchange mainstream assets such as BTC and USDT, while also earning rewards.

According to the official introduction, users can earn interest and participate in liquidity mining by staking their assets in specified addresses using bcx’s automated market maker function. This service is only open to professional and institutional investors, and all user funds are publicly transparent.

bcc mining

According to official information from bcc, after causing controversy in the Bitcoin community, the Bitcoin network has now entered the mining stage, consisting of two main parts:

1. BCC token holders (i.e., miners) participate in PoW consensus by staking their BCC.

2. Users can vote to decide how to obtain profits. This means that as long as users choose to support BCC for PoS mining, they can participate in bcc mining. If they want to use other PoW cryptocurrencies to participate in the process, they can surrender control of their wallets and private keys to BCC holders. Additionally, BCC is compatible with Ethereum and does not require purchasing or transferring hard drives.

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