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What Is A Mining Hashrate?
Mining is similar to staking in its purpose - to reward gamers and collectors for their loyalty in holding an asset. The difference here is that mining is tailored towards rewarding digital asset holders, rather than token holders as is the case with the staking platform.
Within the ecosystem, every digital collectible has a hash-rate - this is the amount of power your asset has to mine. The higher the hash-rate; the more blocks you will be able to win.
Steps To Mining
Each Guardian or asset has their own unique hash-rate affected by their rarity
Assets from partner projects also have an assigned hash-rate
You will form a team with your assets and the team's collective hash-rate will determine your probability of winning a block
You can join a mining pool (combine with other teams) to improve your chances of winning blocks and sharing the spoils
Purchasing ChainGuardians' assets, or partner assets, will provide you a 'hash-rate', which is used to mine. You must form a team of miners (assets) in order to compete with other teams and win blocks. Top tip: rarer assets will give you a higher hash-rate and more chance to win blocks - ChainGuardians' assets are always amongst the most rare!
When you stake your assets you can gain rewards across the ecosystem. By joining a mining pool you can increase your hash-rate to combine with other members and gain a share of the rewards.
