Midnight is a cryptocurrency that uses the Blue Midnight Wish hashing algorithm. It is a hybrid Proof of Work/ Proof of Stake coin, and a reward of 100MDT appears on every 720 blocks. It acts as an incentive to allow mining on a continuous basis. Midnight can be mined right from the wallet. 33% of the stake rewards go to the masternodes, and 10% are used for further development and improvement. The efficiency of the BMW algorithm makes it possible for anyone to mine equally regardless of what type of hardware or cloud they want to use.