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 moreIs staking BNB worth it?
Staking BNB can be very profitable for long-time hodlers given that the APY earned is quite high.
Read moreCan you mine BNB?
BNB (Binance coin) is not a proof-of-work coin. It doesn’t get mined . Instead, it’s a proof-of-stake coin. You buy some BNB, then invest it as a stake.
Read moreIs BNB mine profitable?
It all depends on expenses and can be a tricky operation. Assuming you have a similar set-up like I do (I have a 2070 Super GPU), and don’t account for electricity costs, you can earn roughly 0.75–0.80 BNB per month (it depends a bit on the market volatility and changes in hash rate during the day).16 Şub 2021
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