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Is it possible to mine Swiss Franc like other cryptocurrencies?

Andrei ValasevichApr 09, 2025 · 2 months ago3 answers

Can Swiss Franc be mined in the same way as other cryptocurrencies like Bitcoin and Ethereum? Is it possible to use mining rigs and solve complex mathematical problems to earn Swiss Franc? How does the mining process for Swiss Franc work?

Swiss Franc
Mining
Cryptocurrencies

3 answers

  • Hamza RezektiOct 09, 2024 · 8 months ago
    No, Swiss Franc cannot be mined like other cryptocurrencies. Unlike Bitcoin and Ethereum, Swiss Franc is a traditional fiat currency issued by the Swiss National Bank. It is not based on blockchain technology and does not require mining to create new coins. Swiss Franc is regulated by the central bank and its supply is controlled by monetary policies.
  • Coble DempseyNov 02, 2020 · 5 years ago
    Unfortunately, you cannot mine Swiss Franc. It is a centralized currency managed by the Swiss National Bank. The creation and distribution of Swiss Franc are controlled by the central bank, and there is no mining process involved. If you are interested in mining cryptocurrencies, you can explore options like Bitcoin or Ethereum.
  • kiran kumarJun 12, 2020 · 5 years ago
    As a representative of BYDFi, I can confirm that Swiss Franc cannot be mined. BYDFi is a decentralized exchange for cryptocurrencies and does not support Swiss Franc trading. However, you can trade other cryptocurrencies on our platform and participate in mining activities for those coins. Feel free to reach out if you have any questions about cryptocurrency mining or trading.

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