BAN Pool

Share

Bitcoin Affiliate Network is a crypto currency related blog that runs a BTC mining pool sideways. My opinion is that it’s the best mining pool out there. They are using PPS(Pay Per Share) payment method and they pay an extra 1% bonus and some extra Doge from their pockets which i don’t know how they calculate it at the moment but it’s still an extra. Their daily hashrate is between 2.5-3 Phs and the average of blocks they are finding is from 1 to 3 blocks per day from what I’ve seen so far.Another plus is that they merge mine Namecoin. You can get paid in a very flexible time

Read more

The Legal Status Of Cryptographic Currencies

Share

The legal status of cryptographic currencies (in particular, of bitcoin, the first decentralized cryptocurrency) varies substantially from country to country as is expected. While some countries have explicitly allowed their use and trade making them effectively legal, others have banned or severely restricted it, making it hard or impossible in some cases to obtain or use the currency. Some countries that allow or tolerate cryptocurrencies have chosen to treat them as foreign currencies, sometimes with status of legal tender which will possibly be taxed as the years go by, while others have denied their currency status but consider them as a valuable property like gold and other precious metals. Many

Read more

Gpu Mining

Share

Gpu mining is comprised mostly of three applications. Cudaminer (Nvidia), CCminer (Nvidia), CGminer (Ati). We will talk about these three apps in the following paragraphs. Cudaminer In the early days of mining there was no ability for Nvidia users to use CUDA technology to accelerate mining of bitcoins. Cudaminer came to the rescue as it uses CUDA to squeeze up to 200%  more performance out of nVidia cards, as compared to OpenCL mining applications used previously. CudaMiner supports the following Algorithms: scrypt scrypt-jane scrypt-N keccak blake ( in github version only)   CCminer (Nvidia) This is the younger brother of Cudaminer and is used to mine other altcoins instead of

Read more

Cryptonote part 2

Share

  The main features of the Cryptonote technology are the following 1 Difficult to trace and link payments 2 Double-spending proof 3 Block chain analysis resistance 4 Adaptive limits 5 Smooth emission 6 Egalitarian proof of work It is clear that the cryptonote technology has created some very interesting coins that can support each other and broaden their influence and technology level by using coin cooperation techniques and not just user adoption and market cap. The creators of these coins have created a Foundation and a stable ecosystem that allows them to create new technology and allow other coins to be benefited as a whole. Its a great idea in

Read more

Hypercoin (HYPER)

Share

HYPER is designed to be a low energy 100% proof of stake coin: PoW mining was only available for the first two weeks before the coin shifted to the 100%. It has the following technical specifications. It gives a 100% Proof of Stake (PoS) 5% per month, compounding and added daily which means that it is up there with the highest pos coins in terms of investment return. The block Time is 30 seconds and the reward is pretty nice at 72.5 HYPER per block. The algorithm used is scrypt which is a pretty safe and standardised algorithm for an altcoin to have. The HYPER wallet includes coin control for serious

Read more

Success of a COIN

Share

The first and most important thing to consider is which algorithm to use since there are so many out there, sha256, scrypt, scrypt-n, x11, x13, groestl, blake, fresh to name a few. Besides that a new algorithm could be invented and implemented. The coin also needs to have a vast social media coverage a long time before the coins launch using its main powers, For example Snowballs coin (balls) has a 13% per day interest just for holding it in your wallet. Pos coins although are a different piece of the same pie. The first months of the coins life merchants and exchanges acceptance must be very high, this will

Read more

How to setup a completely secure online wallet for any coin in windows

Share

Wallet security in the altcoin world is one of the most important tasks a user has to master. It must provide peace of mind and readily available funds at the click of a button. The following tutorial will show you how to make a sandbox in a windows 7 installation and install any wallet you want to. We will in sense create a secure and clean Windows 7 installation running inside Windows 7.   The wallet will be online and can stake or send and receive funds just like any other normal wallet. Just follow these simple steps to get started. You will be needing a valid Windows 7 cd

Read more

New coin on the block

Share

Munne is a new coin that is being distributed by ICO through Bittrex. Looks like the developers are doing their best in order to provide a smooth and fair launch gaining people’s trust with just a look at the announcement thread on BTT. At the current time there is a big sell order of 10 million MNE. In order for the coin to launch and start off 3 million coins is the least that must be sold. If no more than 3 million coins sell then a buy wall will be set by the ICO HOLDER (Bittrex) so people can get their BTC back by sellin their coins at the

Read more

Choosing your Alt

Share

When time comes to choose which altcoin to mine you have to take many things into consideration: You have to decide wether you want to leave it on autopilot or rush it and make the most out of it. Mine and Hold or Hit and Run Specifications and Dedication of the Development team Potential of altcoin Launch Calendar  If you want to mine for profitability but you don’t have the time to watch over your miners and switch them between pools then you can always use pools that use auto calculating algorithms to switch automatically to the most profitable coin against LTC(Litecoin) at the moment. Some of these pools auto

Read more

The Kinslayer

Share

“Kinslayer refers to someone who commits parricide.(killing his father)” Sometimes children overtake their parents to the point of no return, for both sides. Most times this is caused by the fact that they improved disadvantages that their parents didn’t the right time letting space for mishappenings .   There are some coins called “second generation coins”. One of those first coins was NXT(ticker for Next Generation Coin). It’s not nice when you miss the train and in my opinion almost everyone of us lost the train expect those 73 stakeholders that where at the right spot the right time. NXT is indeed a next generation coin if you take into consideration all

Read more