All About BTC, LTC, ETH mining as well as other alternative crypto currencies
After the announcement of the first HODL mining pool there was a centralization of most of the network hashrate in that pool as many people moved away from solo mining. Now we have a second HOdlcoin mining pool from Suprnova available, so you can move your hashrate there in order to balance out the hashrate distribution among the two pools and with the solo miners things should be safer for the HODL network. Of course having a few more pools won’t hurt either, but even with two mining pools things are significantly better than with just one, so this is definitely a move in the right direction.
In order to mine HODL with the new Suprnova pool you can use the same dedicated hodlminer CPU miner (source) available for download below in the form of a Windows binary. If this is the first time you are hearing about HOdlcoin (HODL) you might want to get to know about the altcoin a bit more as it has an interesting idea and bonuses for early adopters. Also the new Suprnova pool has a fee of just 1% as compared to the fee of 2% for the Blockquarry Hodl Pool, so this can also be a reason enough for some miners to switch and try the new pool. Do note that the Suprnova HODL pool was just launched, so there might be some things that need to be fixed, though it seems that the mining part is working just fine already.
Influxcoin (INFX) is apparently today’s big hit in the world of altcoins as the interest and the exchange rate of the coin has exploded. The reason for the peak is the official announcement that the Microsoft has added the project in their continuing expansion of Azure’s Blockchain as a Service. Other coins that have been added today include Expanse (EXP), a project that was forked from Ethereum, Monero (XMR) and Radium (RADS). Influxcoin (INFX) is currently the most profitable X11-based altcoin to mine, so owners of iBeLink X11 ASIC miners might be interested in it, though larger scale X11 GPU miners might want to check it out as well. EXP, XMR and RADS are also gaining in terms of exchange rate, so worth keeping an eye on them as well, but INFX has shown the highest growth among the newly announced coins supported by Microsoft’s Azure.
HOdlcoin (HODL) is a relatively new experimental altcoin that can only be mined with the CPU for the moment using the coin’s wallet and although it is a PoW coin you get interest on your wallet balance and there is an option for deposit with even higher interest rate. The algorithm of the coin is made in a such way that early adopters holding their coins in the wallet get higher interest rates with the idea to attract more users resulting in a wider coin adoption for a shorter period of time. The regular interest rate is 5% APR, but with the extra bonuses and deposits the interest can grow exponentially. The deposits work in a way very similar to PoS, though there are some differences, your coins are locked for a period of your choice and the longer the deposit, the higher interest rate you get. To check the current interest rates and bonuses you can visit the HOdlcoin Interest Rate Calculator.
The coin uses 1GB AES Pattern Search Proof of Work algorithm that involves filling up RAM with pseudo-random data, and then conducting a search for the start location of an AES encrypted data pattern in that data. Pattern Search is an evolution of the ProtoShares Momentum PoW, first used in MemoryCoin and later modified for use in CryptoNight (Monero, Bytecoin), Ethash (Ethereum). For the moment you can only mine HODL coins with your CPU via the wallet, there is no separate miner available yet or a pool where you can mine the coin. This means that you will have to run a separate HOdlcoin wallet on every computer where you want to be able to mine the coin and since it is solo mining luck can also play big role in how much you might be able to mine.
HOdlcoin CPU Mining Performance:
– Intel Celeron G1820 Dual-Core at 2.7 GHz – 13 H/s
– Intel Core i7 58020K Hexa-Core at 3.3 GHz – 202 H/s
– Ticker: HODL
– Symbol: Ħ
– Block Time: 154 seconds
– Subsidy: 50 HODL subsidy per block
– Halving: Every 4 years
– Mining Supply:Total of 81,962,100 HODL will be mined
– Interest Supply: Between 150,000,000 and 500,000,000 HODL will be paid in interest to HODLers
– Fair launch: No Premine/Instamine/Ninja/100 initial 1 HODL blocks
– Proof of Work: 1GB AES Pattern Search POW
– Port: 1989
– RPC Port: 11989
– Testnet Port: 8989