PulseMafia
  • Overview
    • PulseMafia Intro
    • How does it work?
    • What's the MAFIA Token?
    • Who's the team?
    • What's the "Node Operator Fee?"
    • PulseMafia FAQ
      • What is a Pulsechain Validator?
      • Is this like mining Bitcoin or Ethereum?
      • Can anyone become a Validator?
      • Why create a pool?
      • What can we expect in terms of Validator uptime?
      • Can you mint an Unlimited amount of MAFIA?
      • What determines the price of MAFIA Token?
      • What happens if I lose or someone steals my MAFIA token?
      • Where can I see the current APR to run a Pulsechain Validator?
      • The Validator APR keeps dropping. Is that bad?
      • What other measures are you taking to ensure maximum uptime for the Validators?
      • Will we be able to follow along to see how validators are doing?
      • What is Slashing, and how will you prevent it?
      • When does MAFIA get minted?
      • What's the difference between the Pool Wallet and Validator Wallet?
      • What if I want my PLS back before the pool ends?
      • Will there be more pools launched in the future?
      • What if I want to create my own private pool?
      • Is this decentralized?
      • What computer setup are you using?
      • I want to participate but no idea how to buy PLS. Can you help
      • Can I ask other questions?
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  1. Overview
  2. PulseMafia FAQ

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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Last updated 1 year ago