More users mine = more difficult?

Front Page Forums Platform Mining More users mine = more difficult?

This topic contains 2 replies, has 1 voice, and was last updated by  Promoter 1 month ago.

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  • #5936 Reply

    ShineBro

    IS JSECoin working like Bitcoin? So more people mine it, more is difficult to earn?

    #5939 Reply

    Dave

    Hi ShineBro,

    Finding a valid hash earns you a ticket into into a lottery system where 50 winners get rewarded a 1JSE token. This lottery takes place every 30 seconds, with a new 50 x 1JSE available each time. This means that the more users mining the less likely you will be to receive a reward. The hope is that the more people mining will mean greater demand and therefore a higher valuation for the tokens you do receive.

    #5943 Reply

    Promoter

    yeah, as a low gear Chromebook user I love this lottery system: sometimes i earn up to 10 coins/hour 🙂

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