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Day: April 28, 2021

Mining OMG: Fact vs. Fiction in the Crypto World

28 April, 2021 LootGoblin 1 Comment News

OMG Network's token, formerly a scaling solution for Ethereum, faces scrutiny. Claims of mining OMG are misleading; it utilizes a Proof-of-Stake (PoS) mechanism, not Proof-of-Work (PoW) mining. Staking OMG secures the network and earns rewards.

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