PosToken is one of the best crypto coins in recent times which is rising in popularity with time. Their airdrop is truly awesome and the way the developer team is conducting the airdrop is noteworthy. This coin is penned as the best Proof of Stake token and those are tough words to live by, but Postoken is actually fulfilling their promises and are implementing new powerful features regularly like smart contracts etc which shows that they have the passion and the spirit to accomplish their goals.
As the value of this token keeps rising, people are planning to mine this token for fast profits. This guide helps you get started on mining your postokens in a fast and efficient manner. Mining this token requires minimal effort majority of the time and it is easy to learn to mine this coin. Generally, there are two major ways to mine this token which I shall cover in a detailed manner below. Mining this token primarily depends on who is holding the token and how many tokens they want to mine. The methods are as follows:
a. Holding the tokens:
This method involves literally no effort from the users side. The user must simply hold any number of coins and they will be rewarded with a calculated portion of coins for holding their coins which will be based on the coinage factor. You can learn more about the coinage factor through this website: https://bitcointalk.org/index.php?topic=2110712.0. This means that you get free tokens by holding your coins without selling them for a particular duration of time which is known as staking and is a form of mining.
b. Direct Mining:
Postokens can be directly mined primarily through the pops mining procedure. Initially, a transaction is sent to your registered address and any number of tokens can be sent this way. Next, we use myetherwallet.com, mist and some particular software to execute the mint function. This particular software should be able to seamlessly interact with smart contracts in order to execute the mint function. You can find out your current coinage factor by executing these particular functions:
-Annual interest: returns annual interest at present
-Coinage: tells you the coinage factor for your account
Mining this token through hardware is not an easy job and requires powerful hardware to execute complex calculations to mine these tokens which is easier said than done. It is possible to enjoy profits this way, but I do not recommend it since the user will encounter way too many obstacles on a regular basis making this an inefficient way of mining onions.
I hope that I was able to help you understand the basic ways on how to mine these beautiful tokens in a simple and easy to understand manner. You can check out the below links for more information regarding mining this coin.
https://bitcointalk.org/index.php?topic=2110712.0
https://postoken.org/