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Bitcoin-like mining is taking off on Solana with Ore

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Crypto Ecosystems News

Layer 1S,Solana

A project called Ore is rewarding miners for solving cryptographic puzzles, similar to how Bitcoin mining works.

Bitcoin-like mining has come to the Solana blockchain with a project called Ore, and its success is increasing strain on the network

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.

 

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