Can you mine Factom (FCT)?

Yes — Factom is a minable cryptocurrency. It uses the Proof-of-Reputation consensus algorithm, which means miners contribute computing power to validate transactions and, in return, earn newly created FCT coins as a block reward.

How to mine Factom in 2026

  1. Choose your hardware. Factom is mined with GPU rigs or, for some algorithms, dedicated ASIC machines.
  2. Get a wallet. Set up a Factom wallet to receive your mining rewards securely.
  3. Pick mining software that supports Proof-of-Reputation.
  4. Join a mining pool. Solo mining is rarely profitable; a pool combines hash power and shares rewards more predictably.
  5. Start mining and monitor profitability. Factor in your electricity cost, hardware price and the current FCT price before committing.

Is mining Factom profitable?

Mining profitability depends on three factors: the FCT price, your electricity cost and the network difficulty. Use a mining calculator with your real hardware and power rates before investing. Profitability changes constantly, so what is profitable today may not be tomorrow. This is not financial advice — always do your own research.