Scryptcc Exchange Rate per KHS Starting to Go Up

22 Feb
2014

scryptcc-current-cloud-mining-hashrate

The second batch of 100 MHS that was released for sale at the Scryptcc cloud mining service by the service providers has been completely sold. This means that currently all of the trades of KHS going on at the exchange are between users that have purchased hashrate and as a result the exchange rate has started to go up. The initial price per KHS was 0.00144444 BTC and now the cheapest price you can purchase has gone up to 0.00144998 BTC per KHS and will probably continue to increase if the demand goes up. The Scryptcc hashrate provided by the service is total of 200 MHS of Scrypt mining power out of which we have purchased some extra KHS going from the 239 KHS that we’ve already had to 404 KHS as a part of our testing of the cloud mining service.

scryptcc-current-break-in-time-calculator

With the current exchange rate per KHS at Scryptcc going up means that if you purchase hashrate now the break even in time will be longer than if you have purchased a few days ago. The return of investment time of course also depends on the current profitability of the alternative crypto currency being mined by the service and the Income Calculator reports 174 days at the moment. Today we also got a message from the support that they are working on some of the problems we have reported, so hopefully in the next few days they will be finally able to resolve the issues that are more of an annoyance than something serious, but still need to be fixed. We’ll keep you updated on the progress of our testing as for now we are going to keep reinvesting what we earn from the 404 KHS that we currently have purchased. If the price per KHS continues to get higher we may also decide to sell some hashrate as so far we have only been purchasing KHS, as this is a good way to make some extra and quick profit, unless of course the service providers decide to add another batch of 100 MHS for sale.

– For more information and to try out the scryptcc cloud mining service yourself…

New Crypto Currency Exchange that Tries to Build a Trading Community

21 Feb
2014

atomic-trade-crypto-currency-exchange

Atomic Trade is a relatively new and still not that big crypto currency exchange that has a bit different approach compared to other traditional crypto trading websites. Here you are stimulated to be active on the exchange in various ways and you get rewards for being an active member, including using the chat functionality of the exchange. And unlike other chats on crypto exchanges that are essentially trollboxes with not much of useful or helpful information, on Atomic Trade you can actually find some help and useful information from other members. You can even meet and talk with the exchange admin as well as some pool operators all while you are trading some crypto coins on the exchange itself.

The crypto currency exchange Atomic Trade does support trading of multiple currencies, including some newer and not so popular that you can hardly find on other decent exchanges. Among the standard BTC and LTC trading here you can also trade XPM, FTX, WDC, BLC, HBN, PXL, LOT, MED, FRK, SKC, UNO, VTC and ATP. We have discovered the Atomic Trade exchange while looking for good exchange for trading BlakeCoin (BLC) and since that we kind of liked it a lot and started trading other cryptos there as well. The ATP or Atomic Trade Points are the so called bonus points that you get while trading and generally being active on the exchange in various other ways, but the interesting thing with these is that aside from trading them on the exchange for BTC, while they are in your account balance they bring you profit from the trading fees collected by the exchange. So in a way the ATP are something like shares in the exchange that bring you dividends, and every 6 hours you get your bonus based on the amount of ATP you currently have in your balance. We really like the community that is forming at the Atomic Trade and would definitely recommend you to try it out, especially if you are trading alternative crypto coins such as BlakeCoin (BLC) among others.

– For more information and to try out the Atomic Trade crypto currency exchange…

Photon (PHO) Blake-256 based cryptocoin

21 Feb
2014

photon-blake-256-crypto

Photon (PHO) is a new alternative cryptocurrency using the Blake 256 Algorithm that is used for BlakeCoin (BLC). It is a new project designed to function well now and with future technology in mind. Photon is the second coin to use this unique design (modeled after Blake Coin) and may be merge mined in a pool with Blake Coin or other Blake 256 coins in the future. Currently almost every concurrency that exists cannot be merge mined in the same way Namecoin and others are with Bitcoin. Photon can be mined with the same modified miner for BlakeCoin GPU Miner that supports the Blake-256 algorithm.

Coins developers are working against each other instead of together right now. Photon is an attempt to change that. If you are digging in a mine for gold you would not leave silver, tin or other things of value around you would take them all. This is why Photon was created with the fast, light Blake 256 algorithm. This is the future. Scrypt coins cannot be merge mined. Most SHA 256 D coins cannot be either.

The Blake-256 algorithm hash rate is just under 3x faster on the GPU and just over 2x on the FPGA compared with Bitcoin. The reward for mining Photon does Not decrease over time, instead it increases with block height and difficulty. There are no restrictions on any platform as Photon does not include artificial *Security* or *Resistance* that reduce mining hash rate and power efficiency. The Photon network hashrate is currently over 200 GHS and continues to grow, so there is a interest from users apparently even though there aren’t big pools or exchanges for PHO yet.

Website
– http://photoncoin.org/wp/

Block Explorer / Crawler
– http://162.243.101.139:2750/

SPECIFICATIONS

  • Blake-256 – faster than Scrypt, SHA-256D and Keccak
  • Each Block award is 32768 + inflation (square root of (difficulty * block height))
  • No reduction of block reward
  • Cap in place to reduce difficulty jumps upward
  • Block target time is 3 minutes and retargets every 20 blocks
  • Total of 90,000,000,000 coins
  • Block maturity 120

DOWNLOADS
– Windows

Source Code
– at GitHub

PORTS

  • RPC Port: 8494

POOLS
– http://photon1.blakecoin.com/

Merged Mining Blakecoin + Photon Pools:
– http://eu3.blakecoin.com/
– http://ny2.blakecoin.com/

EXCHANGES
– Atomic Trade

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