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Riecoin (RIC) Alternative Cryptocoin

15, Feb 2014

riecoin-alternative-crypto

Riecoin (RIC) is a decentralized (p2p), open source digital currency. It allows to transfer money to anywhere in the world with only minimum transaction fees, sometimes even for free (depending on many factors like the amount to transfer and the network load at the moment of the transaction). It is a fork of the Bitcoin project. Riecoin is still very new, just a few days since its launch and it has already generated significant amount of attention from users, so it is worth checking it out.

The name “Riecoin” pays homage to Bernhard Riemann, whose work generated new ways of studying the distribution of prime numbers and is referenced in the math of Riecoin. It also pays homage to Bitcoin, the cryptocurrency that started them all. At the moment only a CPU miner exists for Riecoin (RIC), so you can use some processor power to mine these coins if you have it unused on your GPU mining rigs for example. Riecoin is similar in many ways to Primecoin (XPM), however there are differences between the two though they both can still be mined only with CPU for the moment.

Website
– http://riecoin.org/

Block Explorer / Crawler
– https://chainz.cryptoid.info/ric/

SPECIFICATIONS

  • PoW: custom, prime constellations
  • Blocks every 2.5 minutes
  • Block reward of 50RIC, halving every 840000 (about 4 years)
  • Cap: about 84 million RIC
  • Difficulty adjustments every 288 blocks (targeted every 12hs)

DOWNLOADS
– Windows

Source Code
– at GitHub

PORTS

  • RPC Port: 28332
  • P2P Port: 28333

POOLS
– http://riepool.ovh/
– http://www.xpoolx.com/

EXCHANGES
– Bleutrade

Ultracoin (UTC) Scrypt-jane based cryptocoin

13, Feb 2014

ultracoin-scrypt-jane-crypto

Ultracoin was made by people who just love crypto, and think this is a welcome addition to the coin family. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code. Ultracoin can be mined with a CPU and also with a GPU with ASIC resistant Scrypt Jane coding you can feel at ease, You won’t be surpassed by new hardware technology. A hybrid proof-of-work/proof-of-stake coin, whereby active nodes are involved in the mining of blocks if they hold UTC. Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending Ultracoins. This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.

Website
http://www.ultracoin.net/

Block Explorer / Crawler
http://bitgo.pw:3731/chain/Ultracoin

SPECIFICATIONS

  • Scrypt-jane Algorithm
  • Pow/Pos
  • Total coins: 100,000,000
  • Block time target: 30 seconds
  • Block reward: 50, halving every 990,000 blocks
  • Difficulty retarget:max 200% per 30mins
  • Mined block confirmation: 50
  • Transaction confirmation: 5

DOWNLOADS
Windows
Mac
Linux

Source Code
at GitHub

MINERS
GPU miner for Windows
GPU miner for Linux
CPU miner

PORTS

  • RPC Port: 44101
  • P2P Port: 44100

POOLS
http://ultra.nitro.org/
http://ultra.minepools.us/
http://ultra.leetpools.com/
https://utc.pool.pm/
http://utc.greekpool.eu/
http://utc.idcray.com/
http://utc.coinpl.com/
http://utc.poolto.be/
http://pools.animusgs.co.in/utc/
http://ultrapool.org/
http://ultra.coinsnipers.com/

EXCHANGES
– Cryptsy

List of the Largest Bitcoin Mining Pools

10, Feb 2014

largest-bitcoin-pools-chart

Nowadays Bitcoin is only mined by those who have managed to secure some sort of ASIC mining hardware, because it is pointless to mine BTC with GPU let alone with CPU miners. That is the reason why there are not that many Bitcoin mining pools left and there are a few larger ones that most people are mining in. Below you can see a list of the top Bitcoin mining pools with a short info about each one of them:

GHash.io – 0% mining pool fee, PPLNSG payout system, merged mining NMC/DVC/IXC
Eligius – 0% mining pool fee, CPPSRB payment system, no registration required
BTC Guild – 3% PPLNSG, 7.5% PPS pool fee, merged mining NMC
Discus Fish – Some sort of a large private(?) Chinese pool
Slush – 2% mining pool fee, RBPPS payment system
BitMinter – 1% mining pool fee, PPLNSG payment system


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