Is it possible to mine Swiss Franc like other cryptocurrencies?

3 answers

• Feb 17, 2022 · 3 years 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.
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• Feb 17, 2022 · 3 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.
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• Feb 17, 2022 · 3 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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