Is Offline Mining Actually a Thing?
Is Offline Mining Actually a Thing?
I’ve always had an eye for earning passively and amongst my strategies as everyone in my cycle, is mining fringe tokens. In the recent past, I believe a lot of miners were able to earn some substantial rewards from tokens like Avive, Ice etc…I just wanted to know how that could be feasible and how they would be syncing the data on the blockchain etc? Have anyone heard of this? How does it work? Is it worth it?
It’s kinda stupid if you believe it. Been here for almost a decade and i have been seeing so many garbage tokens that used offline mining as their marketing. It will never work.
Whatever crypto knowledge I acquired in all these years doesn’t make sense when we say offline mining because mining is something that is used to confirm the transactions which used proof of work so that it needs to be online and has to constantly compete against others to find the rewards so I am going to say this doesn’t make sense, anyone please correct me if I am wrong.
I don’t know how that id possible because as you said mining need internet to synchronize the data in the Blockchain so if they are saying their system of mining does not need internet service then they have to explain more to us. Or you can drop the link of the information. Well I just checked the website and I saw the news on the home page of the project. https://canxium.org/ but their website is working with internet so I don’t think the mining will be automatically done with offline.