Archive for the ‘Crypto Coins’ Category

Back in September last year we have introduced to you the JSEcoin – Javascript Embeded Cryptocurrency for Webmasters, an interesting new project for web-based crypto currency mining targeted at webmasters for monetizing their traffic. It is a custom crypto currency project and not just another web-based CryptoNight miner like Coin Hive or GridCash. Since then a lot has happened and the project has continued its development and improvement, so if you have missed checking it out the last time, then you might want to give it a go now. Although it is originally intended fro webmasters to monetize their website traffic, the project also offer an option to self mine as well from within the browser, do note that both self mining and publisher mining have completely separate rewards.

While there is still no official exchange where the JSE coins are being traded, probably happening after the ICO, there are now merchant tools available for people to actually use JSEcoins as a means for payment for products or services online. Recently there have been some changes in the number of JSE tokens available and the total number to be issued with an increase of 200x of the number of tokens, the ones already held by users as well as the max cap. Mining rewards are also up of course, so you just get more coins, but the value should remain pretty much the same while JSEcoin is getting ready for an upcoming ICO where a maximum of 50% of the max total cap will be made available for sale. The ICO will be held later this year and we like projects that are running crowdsales of tokens when they already have a working service or product and not before that, so we are definitely going to continue watching this project as it develops.

For more details and to check out the current state of the JSEcoin (JSE) project…

As it was recently announced Ravencoin (RVN) has released a whitepaper and a roadmap regarding the future of the project, something that a lot of users were eagerly anticipating. The whitepaper titled Ravencoin: A Peer to Peer Electronic System for the Creation and Transfer of Assets gives a bit more details as to what the project is intended to be used for, namely as a platform for transfer of assets or tokens. The Ravencoin Roadmap on the other hand gives a bit more technical details about the upcoming features as well as a bit of information when to expect them such as “The expected release of asset capabilities will be approximately seven months after the release of RVN. Raven will be extended to allow issuing, reissuing, and transfer of assets.” Both documents are still a bit short on details and information, but they cover the base things as RVN is still a work in progress project. So if you have been following the RVN project and were interested in it, then you might want to take a look at the latest updates.

To keep a track of the discussion about Ravencoin (RVN) latest updates on Bitcointalk…

Purk (PURK) is a new open source, mineable and autonomous cryptocurrency that is being described as a currency that can be used to monetize anything from website content, blog articles, multimedia, products and a variety of online services by allowing users to tip or donate to content owners anonymously. The developers say that Purk was created to help content owners and service providers monetize their website or application by accepting quick and easy micropayments from their users or customers. Purk is based on Boolberry and CryptoNote technology and utilizes the Wild Keccak algorithm which helps balance CPU, GPU and ASIC mining speeds, whilst providing extremely fast block verification times.

The Purk coin uses a new CPU and GPU (OpenCL) miner using Wild Keccak algorithm and compatible with both AMD and Nvidia GPUs and currently has only one official mining pool for the moment. Although it seems interesting and promising from a mining point of view as well as from user point of view, if it can deliver on the promises it makes, but unfortunately it has been plagued right from the launch yesterday. There were issues with the pool not properly reporting information to miners, but most of all connection issues that unfortunately continue and make the coin problematic to mine. You might still be interested to give it a go and keep an eye on the development of the project, we plan to do so for at least a bit more hoping that the issues will be solved.

If you are interested in mining the coin you should know that the CPU mining is significantly slower, about 1 MHS on an Intel Core i7 6850K CPU while on GPU you can get much better results. Since the miner uses OpenCL it is going to be faster on AMD GPUs, especially on 6x AMD RX VEGA 64 for example where you can get something like 65 MHS, while on 6x Nvidia GTX 1080 Ti it is just more like 40 MHS. The miner code could be further optimized in order to improve performance because the load on the GPUs is not that high and the operating temperatures while mining Purk are pretty low compared to other algorithms.


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