Archive for the ‘Crypto Coins’ Category

coin-magi

Coin Magi (XMG), the altcoin you should be mining if you have some spare CPU power, has launched their 2nd Proof of Mining campaign. An incentive that tries to award with more coins people that do not have too much hashrate, but still want to get more out of their CPU mining power. The idea of this campaign is to encourage people to continue mining even if they have low hashrate or the block reward is not that high by giving them extra bonus coins – the longer you mine the higher the bonus will be. The 2nd PoM campaign will have a duration of about 2 months and you need to register to participate and use a special dedicated pool where you have to mine in order to get the extra reward apart from the mined XMG block rewards. Do note that the total hashrate you can mine with in order to participate int he campaign should not exceed 250 kh/s.

For additional details and rules about the 2nd Proof of Mining Campaign of Coin Magi…

positron-logo

Positron (TRON) is a project inspired by the model of venture capitalism in an attempt to catalyze crypto-currency development by providing both financial and technical assistance to worthy candidates. Our team of developers, investors, and miners will provide all the necessary tools to help develop nascent ideas into massive successful projects. Profits made by accelerating the development of a cryptocurrency will be used to fund further TRON development. Our first project is a pioneering closed source and powerful anonymous transaction system that will eventually be made open source.

Website:
https://positroncrypto.com/

Block Explorer:
http://cryptobe.com/chain/PositronCoin

Coin Specifications

  • SHA256 Algorithm PoW + DPoS
  • Proof of work over, Staking wiht 9% APR (to be lowered)
  • Block time: 90 seconds or 1.5 minutes
  • Block Target – 90 Seconds
  • Min Stake Age – 6 Hours
  • Max Stake Age – 24 Hours
  • 120 Blocks for Maturity
  • No Premine/IPO/Instamine

Wallet:
Windows

Source Code:
at GitHub

Mining Pools:
https://tron.suprnova.cc/
https://tron.minerpools.com/
https://tron.coin-miners.info/

Coin Exchanges:
Bittrex
Bleutrade

coin-magi-xmg-proof-of-interest

The team behind Coin Magi (XMG) has announced an interesting initiative called Magi Proof of Interest 2015 that would allow people to get interest on their XMG coins kept in their wallets if they keep them there for 2 months. The Proof of Interest will last two months (starting April 1st and ending June 1st)and it is not implemented in the wallet itself, you need to send your XMG wallet address and the balance you have in the wallet will be entered in the PoI initiative and in 2 months if you still have the same amount of coins your interest will be paid on 01-06-2015, if you have more coins you will get higher interest and if you have less either no interest will be paid to you (if more than 20% less coins in your wallet) or an interest rate for the amount of coins present in your wallet.

In order to participate you need to either post your wallet address here or send in a PM with your address if you don’t want to make it public. The interest rate is not yet available, it can be influenced by the number of participants, level of the fund and total number of coins that participate. So if you have some XMG coins that you are keeping in your wallet long term, then there is absolutely no reason not to take advantage of this campaign. Do note however that exchanges or wallet address on an exchange are excluded from participation in this initiative!


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