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It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
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Bitmain, one of the top names among the Bitcoin ASIC miner manufacturers, has announced their acquisition of Hashnest – a cloud mining platform which was originally named Snowball Exchange (Snowball.io). Hashnest’s goal is to operate independently in order to build a reliable, economical and decentralized platform that serves the worldwide mining enthusiasts and hosting operators according to the new owner. Originally Snowball was more of a trade platform where you buy and sell actual hosted miners and popular only in China, but it seems that they are moving to providing hashrate to users that is backed up by a large mining farm(s) and opening to the rest to the world. We are not surprised from this news as we’ve recently discussed that cloud mining is going to become more and more attractive alternative to using physical miners for users that are mining crypto currencies. Do note however that as far as Hashnest is considered it is not regarded as a cloud mining service, but as a platform and there is a difference.
UMISOO, the first operator on Hashnest will provide 4 PHS of hashing power, and plans to start the Round 1 subscription at Beijing Time 22:00pm, 2nd September, 2014 (UCT+8:00 Time Zone). The price is flat at 0.0016 BTC per GHS. Due to the anticipated high demand, each user is limited to a maximum of 1000 GHS by default, though this limit can be increased further. The Round 1 hashrate is generated by AntMiner S2 mining hardware (4000 units) with a maintenance fee of $0.0032424 per GHS per Day. Doing some calculations if you purchase 1 THS hashrate you will currently be earning about 0.01834 BTC per day (about $8.78 USD) and the maintenance fee will be $3.2424 USD or the fee is about 37% of what you earn at the moment. The fee is a bit high, though the price per GHS on the other hand is very attractive compared to what other alternative cloud mining operations are currently offering. Even though doing some long term calculations it would take more than a year for you to just ROI, unless of course there is some significant increase in the Bitcoin price that will cause the fee percentage to get lower as it is calculated in dollar price.
– If you are interested in checking out the new Bitmain Hashnest cloud mining service yourself…
- Published in: Cloud Mining
- Related tags: AntMiner S2, bitcoin cloud mining, Bitmain, Bitmaintech, BTC cloud mining, cloud mining, Hashnest, Snowball, UMISOO
BeaverCoin (BVC) is an electronic monetary and payment system which is independent from banks, states and governments. Instead of using a central place for regulation, it is based on a P2P-network in which there is an exchange between the computers of all participants. With BeaverCoin you can pay worldwide, no matter in which country you are in at the moment.
Website:
– http://beavercoin.org/
Block Explorer:
– https://chainz.cryptoid.info/bvc/
– http://abe-blockchain.beavercoin.org/
– http://blockchain.beavercoin.org/
Coin Specifications
- Scrypt Algorithm
- Maximum amount of coins: ~3.36 million
- Coins per block: 8 coins
- Time per block: 1 minute
- Halving: every 210,000 blocks
- Difficulty: changes every 1,440 blocks (approx. 24 hours)
- 0% coins premined
Wallet:
– Windows
– Linux
– Mac OS
Source Code:
– at GitHub
Ports:
– RPC Port: 2332
– P2P Port: 2333
Mining Pools:
– http://pool.beavercoin.org/
– http://bvc.hashlink.eu/
– http://ispace.co.uk/coindetails/?coin=bvc
Coin Exchanges:
– AskCoin
- Published in: Crypto Coins
- Related tags: BeaverCoin, BeaverCoin exchange, BeaverCoin info, BeaverCoin mining, BeaverCoin pool, BeaverCoin trading, BVC, BVC exchanges, BVC info, BVC mining, BVC pools, BVC trading, scrypt, scrypt coin, scrypt crypto, scrypt mining
Syscoin (SYS) is a revolutionary cryptocurrency that not only allows low-cost financial transactions like Bitcoin, but provides businesses the infrastructure to trade goods, assets, digital certificates and data securely. Syscoin isn’t just about money and trading, it has the ability to attract all business types thanks to its native set of features geared towards the financial sector. Syscoin offers benefits to everyone from eBay traders, to High Street shops and many more. Unlike other cryptocurrencies, Syscoin’s intrinsic value is derived from the decentralized services it provides directly on the blockchain. The blockchain powers all Syscoin services. It is a decentralized system of record hosted by a series of “nodes” on the Syscoin network. Syscoin trades under the symbol SYS in virtual currency exchanges.
Website:
– http://syscoin.org/
Block Explorer:
– https://chainz.cryptoid.info/sys/
Coin Specifications
- Scrypt Algorithm
- Total Coins: 2,000,000,000 (2.0 billion) SYS
- Block reward: 128 SysCoin and regenerated network services fees (block reward decays on fixed schedule until rewards fixate at 32 Syscoin until 2bil coin, after which rewards are purely network and service fees)
- Multipool protection: SysCoin uses KGW to retarget difficulty every block
- Merge mineable with any Scrypt coin
- Premine: 18% [up to 15% Based on Presale (SOLD OUT), 2% Devs (wallets will be publicized for transparency), 1% Bounties and Rewards]
Wallet:
– Online Wallet
– Windows
– Mac OS
Source Code:
– at GitHub
Ports:
– RPC Port: 8368
– P2P Port: 8369
Mining Pools:
– http://www.syscoin.me/
– http://sys.coin-miners.info/
– http://syscoin.cryptopools.com/
- Published in: Crypto Coins
- Related tags: scrypt, scrypt coin, scrypt crypto, scrypt mining, SYS, SYS exchanges, SYS info, SYS mining, SYS pools, SYS trading, Syscoin, Syscoin crypto, Syscoin exchange, Syscoin info, Syscoin mining, Syscoin pool, Syscoin trading