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Archive for the ‘Crypto Coins’ Category

It seems that there is an interesting new cryptocurrency called JSEcoin that is targeted at offering webmasters a different way to monetizing their website traffic. Essentially allowing visitors to the website to mine the cryptocurrency with the help of small piece of javascript code embedded on the blog or website. The algorithm is not very heavy or demanding and the mining process itself does not seem to be taking too much CPU resources (it is CPU only), so the computer remains responsive and working just fine as if it is not calculating anything. This is making it pretty interesting for owners of big websites with more visitors, especially visitors that stay longer, but also makes it easy for regular users that are not yet into cryptocurrencies to actually get into mining this new cryptocoin as it only requires you to open a website and not do a lot of complicated stuff.

At the moment website mining is working and the platform is looking for website publishers that are interested in embedding the mining code to try it out (we are currently testing it here already). Investors are also welcomed with various options available for purchase of JSEcoins at a rate of $1 USD per JSE. Unfortunately there is currently no way to cash out your JSE coins, this should be possible after a planned ICO for around Q2 2018, you will then be able to transfer JSEcoin to exchanges and swap for Bitcoin/USD etc. according to the authors of the project. The platform is currently being integrated with Metamask – a Chrome based wallet which facilitates Ethereum ERC20 transactions and can export private keys for offline storage. This should be released by the beginning of November 2017 and thus provide a wallet available to store coins outside of the JSE platform.

So what is the total amount of possible earnings per day? 1440 coins are currently being distributed to publishers and 720 coins for self-miners on the platform, so a total of 2160 new JSE coins per day are being generated with a bit over half a million coins in circulation already according to the developers of the project (from early September). Out of those tokens 100,000 have been retained by the company and another 400,000 are for the co-founders of the project, so the actual number of coins in circulation in the hands of users is really just a few tens of thousands. According to the whitepaper the Minimum Final Distribution is going to be 10,000,000 and the Maximum Final Distribution: 100,000,000.

The answer to the question is it risky is yes, it is, but then again early adopters do have the chance if things pick up to get a much higher reward for being there right from the start. Our recommendation is just to give it a go and see for yourself, mining locally or through your own website or blog. We are not giving you investment advice here, this is for you to decide, but as far as mining goes you should go and give it a try for sure.

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

The fears of unintentional Bitcoin split due to the activation of SegWit may have been averted and chances of this happening may be low, but that does not stop people from actually doing intentional fork of Bitcoin (BTC). Bitcoin Cash (BCC) has been announced as an upcoming split from Bitcoin with a protocol upgrade to fix on-chain capacity, without changing the economic rules of the Bitcoin and without SegWit. Bitcoin Cash (BCC), apparently driven mostly by Asian miners and crypto community members, will fork on August 1st as per the announced plans for the project.

Bitcoin Cash (BCC) will be a fork of the Bitcoin blockchain 1:1, meaning that on August 1st you will get as many BCC coins as you have Bitcoins in your wallet. It is advised that you keep your Bitcoins in a personal wallet where you control the private key in order to be able to claim any Bitcoin Cash coins as keeping coins on an exchange will not work unless of course that exchange adds support for BCC. It is yet to be seen what the value of the new Bitcoin Cash coins will be and if it will get enough user traction. We could be looking to something like the Ethereum and Ethereum Classic split from last year, and this is what will most likely happen with Bitcoin still remaining strong.

Bitcoin Cash (BCC) will come with an immediate increase of the block size limit to 8MB from the current limit of 1MB that Bitcoin currently has. It should offer Replay and Wipeout Protection permitting the safe and peaceful coexistence of the two chains. Bitcoin Cash introduces a new transaction type as well as a bit different difficulty adjustment algorithm. After the fork happens miners will need to switch to different pools in order to be able to mine BCC coins and initially the hashrate on these will be pretty low, making it attractive for miners to temporary switch hashing power from Bitcoin mining to BCC. Then again it is also important what the price will be and which exchanges will jump on the train supporting the new fork.

For more details about the upcoming Bitcoin Cash (BCC) fork on Bitcointalk…

We were feeling a bit nostalgic for the old times where a new altcoin with a fresh algorithm and a new miner will launch and we would just go and mine it. Signatum (SIGT) has just offered what we needed to feel nostalgia over the old mining times no more. It is a new coin with no premine, ICO, dev fee or any of these and it comes with a new algorithm and thus new miners to support it. It is a POW/POS coin, though POS with 5% annual will start after block 98500 and POW mining will end at block 100000. The initial block reward is 2500 SIGT, down to half after block 3000 then halving again after block 60000. The total PoW coins that will be mined are 137,500,000 with block time of 2 minutes, after that POS is 5% annual on staked coins. There are no big promises being made for big and bright future with this one, though there is a lot of user interest already and a lot of miners are jumping on board, so who knows…

There is a CPU miner available, though with the release of AMD GPU miner (forked sgminer) and Nvidia GPU miner (forked ccminer) there is not much point mining with CPU anymore. SIGT is already being traded on Cryptopia with more exchanges probably following soon with the user interest apparently growing for this new altcoin, so you might want to check it out and give it a try mining if you have some spare GPU power available. Even Mining Rig Rentals has added support for selling and buying SkunkHash-Raptor hashrate.

Signatum Mining Pools:
https://sigt.suprnova.cc/
https://pool.mn/sigt/
http://lpool.name/
https://onepool.online/
http://hashbag.cc
http://yiimp.ccminer.org
https://pool.coin-miners.info
https://aikapool.com/sigt
http://zpool.ca/

You can check the SIGT announcement thread over at Bitcointalk for more details…


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