Is this like mining Bitcoin or Ethereum?
Yes! One of the perks of "mining" on Puleschain is that there's no inflation, unlike Bitcoin or Ethereum. The rewards earned come from the transactions performed instead of inflation. There aren't too many opportunities where you can earn income through mining/validating on an asset with no inflation.
Not only does Bitcoin & Ethereum have inflation, but the entry cost is significantly higher (~$60,000 per validator on Ethereum). The gas fee's on Bitcoin/Ethereum are quite high as well.
By pooling with us on Pulsechain, anybody can participate without the required 32M PLS (not to mention the gas fee's being inexpensive). This overall opens up the doors for many participants, both small & large holders. The more participants within our pool, the faster we can compound in to more validators (miners).
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