Can I mine Stellar Lumens and if not, how are new coins created?
Kim Th KimDec 01, 2021 · 4 years ago1 answers
Is it possible to mine Stellar Lumens? If not, how are new coins created?
1 answers
- Herman OutzenSep 21, 2024 · 10 months agoNo, mining is not possible for Stellar Lumens. The creation of new coins in the Stellar network is done through a process called inflation. This process adds a small amount of new coins to the network on a weekly basis. The new coins are distributed to Stellar account holders based on their account balances. So, if you want to get Stellar Lumens, you can buy them on exchanges or participate in the inflation program.
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