How Does Binance Coin Work and What Technology Is Behind It? BNB is built on Ethereum blockchain and uses ERC20 tokens which can store and hold value. However, you can’t mine tokens as they have been pre-mined and distributed through ICO . Tokens in circulation are used for discounted trading on Binance Exchange.
Read moreCan you mine BNB with GPU?
In short, that means that you can use their platform to mine Cryptocurrency using specific PoW (proof of work) algorithms. They currently support 4 mining algorithms: Ethash (GPU mining,>4GB) 16 Şub 2021
Read moreIs Binance coin mined?
How Does Binance Coin Work and What Technology Is Behind It? BNB is built on Ethereum blockchain and uses ERC20 tokens which can store and hold value. However, you can’t mine tokens as they have been pre-mined and distributed through ICO . Tokens in circulation are used for discounted trading on Binance Exchange.
Read more