Lithium (LIT) Added to BlakeCoin Merged Mining

5 Oct
2014

lithium-lit-crypto-currency-logo

The Blake-256 based crypto currencies merged mining now has another new addition, the new coin is called Lithium (LIT), bringing the total number of merged mined coins to 7 (including BlakeCoin). LIT is still pretty new coin and is not yet available for trade on an exchange, but will most likely soon appear on exchanges that support other Blake-256 coins. If you still haven’t tried merged mining for BLC + 6 other Blake-256 coins, then you might want to check things out. Also we already have a new NOMP-based merged mining pool available as well as a ccMiner fork with Blake algorithm support since the last time we have covered merged mining for this crypto algorithm.

Blake-256 Algorithm GPU miners:
– Cgminer 3.7.2 with Blake-256 support for AMD
– Cgminer 3.1.1 with Blake-256 support for AMD
– ccMiner with Blake-256 support for Nvidia
– CudaMiner with Blake-256 support for Nvidia

Pools for Merged Mining of Blake-256 coins:
– http://eu3.blakecoin.com/
– http://ny2.blakecoin.com/
– http://la1.blakecoin.com/
– http://cg1.blakecoin.com/

Exchanges for trading Blake-256 coins:
– Atomic Trade

Bitcoin Price Below $300 USD and Litecoin Under $3.5 USD

5 Oct
2014

current-crypto-prices

The last two days we are seeing another serious drop of the price for both BTC and LTC and there is a lot of speculation going on for the reason why and what is causing this and looking at the prices of other crypto currencies you can see the same trend as well, most are going down in price. The big question however is if this is just a temporary dump caused by big whales that just want to drive the prices low so that they can buy cheaper coins and then cause the price to spike back to their previous levels. Miners are also having a hard time in deciding if they should keep mining with prices like that, especially if they are selling the mined coins immediately trying to get a faster ROI on their ASIC or GPU purchases. Investments in new mining hardware or cloud mining hashrate with the current prices are also considered very risky, so people are holding on. People that have pre-ordered mining hardware and are still waiting for it to arrive such as ASIC miners from KnCMiner or Alpha Technology and others are not happy at all. So the best thing you can do now is probably not to panic and just wait for things to calm down and see what happens, or is it…

BitSwift (SWIFT) POS Alternative Cryptocoin

4 Oct
2014

bitswift-logo

BitSwift (SWIFT) bridges the vital gap between business and blockchain. BitSwift is the worlds first decentralized productivity profitability protocol built on top of blockchain and targeted specifically for business. The protocol is open source and defines the incorruptible laws of the network which are distributed across each node cooperating within the BitSwift ecosystem. The BitSwift network blends together the goals of the network with the needs of its users to ensure a productive yet, pleasant, and profitable end user experience. BitSwift indirectly rewards its users for using its services and provides incentive to do so. Instead of financing BitSwift own growth through debt, BitSwift will finance itself and enrich its users simultaneously with the collective participation of the nodes on the network. Bitswift (SWIFT) is a proof of stake and proof of work alternative crypto currency. The proof of stake interest rate is set to 3% annually.

Website:
– http://bitswift.io/

Block Explorer:
– https://chainz.cryptoid.info/swift/

Coin Specifications

  • 100% Proof of Stake (PoS)
  • Total money supply: 4 Million SWIFT
  • Difficulty Adjustment: 1 block
  • 3% POS Interest per Year
  • 4 Hour minimum stake age
  • Max Stake Age 20 Days

Wallet:
– Windows
– Mac OS

Source Code:
– at GitHub

Ports:
– RPC Port: 21137
– P2P Port: 21138

Mining Pools:
Not available, the coins is PoS only.

Coin Exchanges:
– Bittrex
– BTER

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