Ore is a new mineable token launched in April 2024 on the Solana Blockchain. It uses a novel proof-of-Work algorithm to guarantee casual miners can never be starved out from earning rewards.
With it POW algorithm, ORE can be mined from any device, such as laptop, and Phones and miners can participate without having to buy expensive hardware or join mining pools.
According to Ore official platform, within some days of launching Ore Mining, it had broken into the top most used Solana programs of all time and it only takes 1.3% of the block.
Even with this never-before-seen demand, Ore remains one of the most efficient programs on Solana, utilizing only ~1.3% of blockspace and proving just how scalable @solana can be when developers optimize their programs.https://t.co/9jcGa8GCty
— Ore (@OreSupply) April 9, 2024
However, Some members of the Solana community have expressed frustration with Ore Supply's POW mining, claiming that it is causing congestion on the Solana Network and suggesting that the project be taken down.
Have you started mining Ore Token on Ore.supply?
What is your take on this new Proof of Work algorithm on Solana blockchain?.
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