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Author: Admin | 2025-04-27
Phone mining is gradually deepening its roots in the crypto world. In this respect the recently introduced Ant Network has been in the news for the last few months. First of all, phone mining in itself is a big question. Let’s analyse how well Ant Network could succeed in the long run. So how it works and whether it could compete with its competitors like Pi Network and others or not. The Ant Network is very similar to the Pi Network, BEE Network and Timestope. You don’t use any computing power to get the Ant coins. So it’s basically like you are minting them. You just need to press a button every 24 hours to mine one Ant coin per hour. You also invite people to get a 20 bonus. Ant Network White Paper Source At the beginning of their White Paper they say that their main goal is to get the advertising industry into the crypto world. They also go on to say that they want to create a social media Network that doesn’t collect user data. The Purpose And Utility of Ant Network and Ant Coin They also talk about how they want to create a video sharing website that distributes more money to creators. Maybe they are pointing at something like YouTube. Now what does this have to do with Ant coin? Well the payments are done with Ant coin so that would establish utility for the token. In other words the Ant Network team has pretty
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