Proof of Work mining is used to spread the distribution of new coins, while the security of the network is maintained entirely by Proof of Stake minting. This means that Bitcoin mining vulnerabilities such as Selfish Mining do not impact Knoxcoin security.
Compatible with Bitcoin
Knoxcoin uses the mining algorithm known as scrypt. Any hardware that works on the Bitcoin network can also be used to mine Knoxcoins.
The reward for mining a block gradually declines as the computing power of the network grows. Over time, mining will have an ever-decreasing impact on the growth of the money supply.