View source for PoW vs PoP Mining/en

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See: [[Main_Page]]

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== Overview ==

Blockchain stats:
* Total supply = 2.1B --> this applies to both TestNet and MainNet
* A new block is expected every 30 seconds.
* The total block reward is 87.5 VBK. This is split 50-50 among PoW and PoP --> '''This may change in MainNet'''
* Halving period: Every 4 years; 210000 * 20 = 4,200,000 blocks --> '''This may change in MainNet''' 

There are two types of VeriBlock mining:

{| class="wikitable"
! 
! Proof-of-Work
! Proof-of-Proof
|-
| Abbrevieation
| PoW
| PoP
|-
| Purpose
| Adds the next block
| Secures a block to Bitcoin
New Protocol
See: [[PoP_Transaction_LifeCycle]]
|-
| How to run
| [[HowTo_run_PoW_Miner]]
| [[HowTo_run_PoP_Miner]]
|-
| Reward
| 43.75 (Split among pool that won the block)
| Average of 43.75 (Split among other miners)
|-
| Reward Coin Type
| VBK
| VBK
|-
| Limited by?
| Processing power (Hardware like CPU, GPU) and electricity spent.
You could run many PoW miners to get more hashes.
| BTC for transaction fees.
You'd likely have just 1 PoP miner, but feed it more BTC to do more PoP transactions
|-
| Payout
| Shortly after block confirmed
| In 500 VBK blocks
|-
| Requirs BTC to run?
| No
| Yes
|-
| Pool Mining
| Yes (see: [[HowTo_run_and_connect_to_PoW_Miner_pool]])
| No
|-
| Interactive
| No
| Yes
|-
| Can mine with GPU?
| Yes
| No
|}

== FAQ ==

=== Should I mine both PoW and PoP? ===

There is opportunity in both forms; individual miners can determine which is best for their situation.