XRP is a digital asset designed for fast, affordable international payments — but unlike Bitcoin or Ethereum, it doesn't rely on mining. Instead, it uses a unique consensus protocol. So what does it mean to "mine XRP"? Let's break it down and explore your options for earning or acquiring XRP.
Frequently Asked Questions
Can you mine XRP like Bitcoin?
No, XRP cannot be mined in the traditional sense. Unlike Bitcoin, which uses Proof-of-Work and requires miners to validate transactions, XRP operates on a consensus protocol managed by a group of validators. All 100 billion XRP tokens were created at launch by Ripple Labs, with no new XRP issued through mining.