Crypto Mining Blog
It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
Search
Heisenberg Hex (HEX) is a modern scrypt crypto-coin that is a descendant of litecoin. It uses a proof of work scheme, and will be rapidly distributed by way of a rapidly decreasing reward mechanism that follows a hexadecimal pattern. The later stages are designed in such a way as there will still be an incentive to mine, and therefore keep the network active, into the future, while still providing a strong incentive to mine as soon as possible in the early stages. The good news is that we have adapted by becoming an open organization.
Initially Heisenberg Hex provides 512,000 coins per block, with a 50% chance of each block rewarding miners with 1028000 coins instead. Each time the block reward changes, the standard block size, as well as the chance of hitting a super block, will decrease. The size of a super-block, however, is static, at 1028000 coins, and will remain so, throughout the entire life-cycle of the coin.
Website:
– http://heisenberghex.info/
Block Explorer:
– http://explorer2.sancrypto.info/chain/HEX
Coin Specifications
- Scrypt Algorithm
- Total amount of coins: 23 Billion HEX
- 30 second block time
- 45 confirmations for mined blocks
- 5 confirmations for transactions
- Reward currently down to 1000 coins per block with chance for higher reward
- Premine 1% of the total coins
Wallet:
– Windows
– Linux
– Mac OS
Source Code:
– at GitHub
Ports:
– RPC Port: 39547
– P2P Port: 39546
Mining Pools:
– http://hex.quicpools.com
– http://hex.pitythepool.com
- Published in: Crypto Coins
- Related tags: HeisenbergHex, HeisenbergHex exchange, HeisenbergHex info, HeisenbergHex mining, HeisenbergHex pools, HeisenbergHex trading, HEX, HEX exchanges, HEX info, HEX mining, HEX pools, HEX trading, scrypt, scrypt coin, scrypt crypto, scrypt mining
After the announcement of the dual mining awards for the new Ghash.io Litecoin mining pool and then “changing the rules” on the go two times already, now it seems the LTC mining pool at the CEX.io operated service is experiencing some temporary issues. A series of blocks (11 in total) in the LTC pool are getting no confirmations, probably marked as orphans, however this is about 3 hours of mining time literally wasted for the people that expect to be getting double awards for their hashrate. We have already gave our recommendation to move your miners from the LTC pool as soon as they started adding extra rules some time after the initial announcement for double mining awards. So if you still haven’t done so, we are again going to recommend that you do this now, because with a few more rule changes and issues in the pool there is a chance that you might end up with less than the normal LTC mining profit for a week instead of the promised 2x (or up to 2x in the best case). It seems that CEX.io were not fully ready to launch their LTC mining pool and they were not ready to handle the overwhelming user interest to their 2x mining award and they are not handling it well even after changing the rules for the 2x award.
- Published in: General Info
- Related tags: bitcoin cloud mining, BTC cloud mining, cex cloud mining, CEXIO, Future Hashes April, Future Hashes May, ghash.io, Ghash.io AUR, Ghash.io DOGE, Ghash.io FTC, Ghash.io LTC, Ghash.io pool, Ghash.io scrypt, Litecoin cloud mining, LTC cloud mining, Scrypt mining pools, Scrypt pools
CoinSummit San Francisco is a two day event connecting virtual currency entrepreneurs, angel and VC investors, hedge fund professionals and others who are looking to learn and network in the virtual currency industry. CoinSummit will take place on March 25-26 2014 at the Yerba Buena Center for the Arts in San Francisco, USA. The event is limited to 500 attendees, so it is quality over quantity and you need to fill a form to request an invitation in order to be able to attend it. The cost of attending CoinSummit is US$900 for pre-series A entrepreneurs, and US$1,900 for all others including post series A entrepreneurs, venture capital, angel and hedge fund investors, corporates, and service providers. Tickets are non-refundable and non transferable. Attendance is free for speakers. CoinSummit will offer 10 start-ups the opportunity to present in front of the entire CoinSummit audience. Startups will be selected on the basis of the size and attractiveness of the opportunity they are pursuing, the strength of their team, and their traction/metrics/achievements.
– For more information, list of speakers and additional information about CoinSummit…
- Published in: Crypto News
- Related tags: CoinSummit, CoinSummit San Francisco, Virtual Currencies Conference, virtual currency entrepreneurs, virtual currency industry