Bitcoin-like mining has come to the Solana blockchain with a project called Ore, and its success is increasing strain on the network. Ore takes the core idea behind mining, where a miner solves cryptographic puzzles to secure the network while earning crypto, and applies it to its own token’s launch on the Solana blockchain. Miners can take home a share of 1 ORE per minute, distributed by the number of puzzles they each solve. The supply of ORE is set to reach 21 million tokens after 42 years but it has no maximum supply limit.
Bitcoin-like mining is taking off on Solana with Ore
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