Electron [ELEC] is the Proof of Work (PoW) token on the ION blockchain.
- Mine Electrons
- Trade ELEC on ionomy Exchange
Electrons (ELEC) — the mining reward token
When miners direct computational power to the ION blockchain, they are rewarded in Electron tokens.
With the release of ION 5, Proof of Work mining is an integral part of the ION protocol. ION now uses a hybrid security protocol: Proof of Work (mining) and Proof of Stake reinforce each other to fortify the chain.
Create an ELEC account
Sign in to your ionomy Exchange account, navigate to the wallets page, and click, "Create Account" next to ELEC to get an ELectron deposit address. Use this address to receive mined Electrons.
Join the Mining Pool
Start mining Electron by joining the pool at mining.ionomy.com
- Use the x11 algorithm to mine Electrons on the ION blockchain.
- Enter your ION address as "worker name."
- Automatic payouts go to that address when you hit the 5 ELEC payout threshold.