Sia coins are minable and same as bitcoin this platform also needs more miners to pool for computing power. On their contribution to the pool, they are awarded sia coins which can be used to buy the storage.
Yes
Proof-of-Work
$ 0.00088206
Sia coins are minable and same as bitcoin this platform also needs more miners to pool for computing power. On their contribution to the pool, they are awarded sia coins which can be used to buy the storage.
Learn more about the consensus algorithm: Proof-of-Work .
⚠️ Disclaimer: Mining profitability and crypto prices are volatile. Calculate your electricity and hardware costs before investing. This is not financial advice.