Translations:PoW vs PoP Mining/6/en
Proof-of-Work | Proof-of-Proof | |
---|---|---|
Abbreviation | 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 | 82.5 (Split among pool that won the block) | Average of 82.5 (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 |