The mining is based on PoS as the Nihilo Blockchain uses Proof of Stake to achieve consensus. So, instead of using sophisticated high power consuming mining machines, all you need to participate in the mining process is a stake in OryxCoin in your OryxCoin wallet. Moreover, for those who want to earn lucrative rewards on daily basis, they can also acquire a dedicated masternode by keeping a collateral of 10,000 OryxCoin.

It is here to be noted that given the current pricing of OryxCoin, this can be taken as a good opportunity to acquire a masternode: given the various Oryx ssociated utility platforms e.g. Nickets, Bartero etc. gets announced, the price is expected to surge, as the project grows.