Polygon can’t be ‘mined’ in the same way as bitcoin, ethereum, and other cryptocurrencies can. That’s because polygon uses proof-of-stake, where the reward for the work isn’t new coins, like with proof-of-work, but is instead with the collection of a fee. That’s why you can’t mine polygon directly.
Can you earn from Polygon?
MATIC is the native coin of the Polygon blockchain and can be earned in several ways, through lending, staking and yield farming. The easiest way to earn yield on your MATIC in Australia is through an exchange or digital asset lending platform like CEX.IO Cryptocurrency Exchange, Okcoin and Digital Surge .
Is MATIC miners legit?
No, Polygon (Matic) is not a scam. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain.
