Cardano cannot be mined since it’s not part of the PoW consensus. You can only stake it by simply keeping your Cardano wallet (like Daedalus) online.1 Ara 2021
Read moreHow do you earn ADA?
There are two ways an ada holder can earn rewards: by delegating their stake to a stake pool run by someone else, or by running their own stake pool .
Read moreIs ADA pre mined?
Cardano (ADA) is one of the renowned cryptocurrencies with great potential and an active community of developers and users. But Cardano mining is not possible as it is not a part of the Proof of Work (PoW) consensus algorithm, and all the ADA coins were pre-mined during its inception itself .
Read moreWhat is Cardano Ada used for?
Cardano’s main applications are in identity management and traceability . The former application can be used to streamline and simplify processes that require the collection of data from multiple sources.
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