Archive for the ‘Crypto Coins’ Category

With the recent peak of the price of Bitcoin altcoins have been going down and people have been looking for alternatives to the most popular and profitable coins to mine. Here is one interesting alternative called BitcoinZ (BTCZ) that is based ont he same mining algorithm used by ZCash (ZEC) – Eqihash for GPU mining, and comes with a large total supply and big block reward. The max supply of the coin is 21 Billion with 12500 coins block reward and blocks every 2.5 minutes, so not like most other ZEC clones that come with small supply and block reward.

With enough user interest and a decent community forming this could as well turn out to be like the DOGE, even though it is not based around a meme. If you are into coins with large supply and block rewards you might want to dig a bit deeper into BTCZ and see what it is all about, do note however that it is still fairly new project that is just about a month old since launch. Profitability wise it is not that profitable to mine at the moment when compared to other more popular coins, but things could turn out to be more interesting in the future if interest in BitcoinZ continues to rise.

Visit the official announcement thread for BitcoinZ (BTCZ) on Bitcointalk…

There is apparently another upcoming Bitcoin fork that is named Bitcoin Gold (BTG). This community-activated hard fork of BTC will result in the new asset becoming available for the owners of Bitcoin that hold their Bitcoins on October 25th where the snapshot of the Bitcoin will be taken as a base. So you will get the same amount of Bitcoin Gold (BTG) as you have had in BTC on the day of the Bitcoin blockchain snapshot being taken. The more interesting aspect of this new fork however is that it is not another Bitcoin Cash type of fork that essentially uses the same kind of PoW as Bitcoin and can be mined with ASICs only, instead the BTG fork will use Equihash as a mining algorithm thus making it a GPU mineable coin. Do note that the team has already warned that Bitcoin Gold (BTG) aka Bgold, the upcoming community-activated hard fork of Bitcoin, is not associated with (XBG) BTCGOLD as apparently some people might mistake the two. It is definitely something interesting to keep an eye on, though for the moment there are not that much details available.

Visit the official website of the Bitcoin Gold (BTG) project here for more details…

It seems that quite a lot of websites have recently got into crypto mining Monero (XMR) using the Javascript miner provided by Coin Hive without warning their users that there will be such a thing when you visit them. That of course cannot remain undiscovered for long time due to the increased CPU load when visiting these websites and it really is not the best thing to do and not tell your visitors… not to mention that you won’t be earning that much. You can offer them to open a separate window with the miner as a means to support your website, product or service and then everything could be fine, but not telling them and hoping that they will not find and will not get unhappy is really not fine. In fact besides the web miner that particular service also offers other interesting and useful ways to monetize your traffic with mining, namely the Proof of Work Captcha and PoW Shortlinks that you might want to check out… this post however is not about the XMR web miner.

This post is about JSEcoin that we have talked about last month as well. It is a project similar in a ways to Coin Hive, but it more than just a web-based miner for an existing crypto coin. It is a whole new crypto currency that can be mined with a dedicated web miner and that you can also embed in your website for your visitors to help support you by mining the coin. Soon after we covered the project they have shut down the function for users to try self mining as there was an influx of new users registering and trying it out, not really a surprise here. Now, a bit later the backend has been upgraded to meet the increased user demand and self mining is back and running just fine and seems more stable, though hashrate seems a bit low now.

The miner for JSEcoin does come with a built-in feature to let the users visiting a website that it is there and that some of their CPU resources will be used for mining. Unlike the XMR web miner that is pretty demanding and the hasrate is really not that high compared to a dedicated miner running on the same hardware here things are designed around the goal of using a web browser to mine the coin. Of course JSE coin is a new young project and still needs some time to develop and start bringing actual returns should you decide to sell any mined coins, it is riskier at this point, but can also be more rewarding in the long term. So if you are interested in the concept of web mining, then you should most definitely check this project out and give it a try as it is looking really promising even at this early stage of development.

For more information about the project JSEcoin and to give mining a try yourself…


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