Elements (ELM) is a digital currency based on Blockchain technology with X11 Algo(Digishield) and works on Proof of Work (POW) . The blocks are generated by POW technology.
Proof-of-Work Mining: This is exactly what it sounds like you earn coin and transaction fee rewards according to the number of blocks you mine successfully. Once a miner completed the satisfactory mining of a data block, they earn 50 ELM, a share of the transaction fees contained within that block, or a combination of the two. This type of mining requires an investor to take an active part in mining data blocks, which helps verify transaction data and create new coins.