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Quick and Simple Bitcoin Mining Calculator

15 Jan
2014

bitcoin-mining-calculator-quick

Have you wondered what profit can you expect in the short term from a Bitcoin ASIC miner should you decide to invest now in one or if you just got the mining hardware? This is usually not an easy task and there are quite a few bitcoin mining calculators out there to help you in the process. If you need a quick and simple one to give you a quick idea how much you will get from a given hashrate by the end of this difficulty and in the next one, then you might want to check out this tool. In the example above we are calculating the profit we can expect from a 100 GH/s Bitcoin ASIC miner and you can see the results above. You can experiment and try with different values, what you should have in mind that the average difficulty increase is currently about 30% per cycle. Also note that the calculator takes into account the current Bitcoin exchange value and also does not calculator any costs fr electricity, this is something that you need to consider yourself based on the power consumption of your mining hardware as well as on the price of electricity per kW/h.

– To try the quick and simple Bitcoin Mining Calculator shown in the example above…

Emercoin (EMC) SHA256-based alternative cryptocoin

15 Jan
2014

emercoin-logo

Emercoin (EMC) is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Emercoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Emercoin is also the name of the open source software which enables the use of this currency. EMC is a hybrid of NameCoin and PPCoin that is more focused on the production of coins by PoS than PoW mining.

Website:
– http://emercoin.com/

Block Explorer:
– https://emercoin.mintr.org/
– http://darkgamex.ch:2752/chain/Emercoin

Coin Specifications

  • SHA256 Algorithm
  • Total coins: 1 * 10^9 EMC
  • Award for block is 5020 EMC (decreases depending on complexity)
  • PoW block spacing changes from 10 seconds to 10 minutes depending on number of found blocks and difficulty
  • Difficulty is recalculated each block
  • PoS rewards: 6% per year
  • Confirmations for new block: 32

Wallet:
– Online Staking Wallet
– Windows

Source Code:
– at GitHub

Ports:
– RPC Port: 8100
– P2P Port: 8101

Mining Pools:
– https://pool.emercoin.com/
– http://emc.cryptopool.farm/

Coin Exchanges:
– HitBTC
– Livecoin
– Crex

DigiByte (DGB) Multi-Algo Alternative Cryptocoin

13 Jan
2014

digibyte-logo

DigiByte (DGB) is a rapidly growing world-wide decentralized payment network & highly scalable blockchain, inspired by Bitcoin. DigiByte allows you to move money over the internet similar to PayPal & Western Union but with many improvements, including lightning fast transactions with minimal or no fees. You send & receive DigiBytes to or from any DigiByte address in the world in a matter of seconds with no required sign up, registration, or hidden fees. DigiByte is the 1st coin to fork to multi-algorithm mining for more fair distribution, with 5 unique algos & independent difficulties a 51% attack is significantly mitigated and becomes much harder to carry out, also the 1st coin to develop & implement DigiShield (asymmetrical difficulty adjustment).

Website:
– http://www.digibyte.co/

Block Explorer:
– http://digiexplorer.info/

Coin Specifications

  • Multiple mining algorithm supported
  • Mine using Scrypt, SHA256, Qubit, Skein or Groestl algorithm
  • Total coins: 21 Billion DGB
  • Block time is just 30 seconds
  • Transaction fully confirmed in 3 minutes

Wallet:
– Windows
– Mac OS

Source Code:
– at GitHub

Ports:
– RPC Port: 14022
– P2P Port: 12024

Scrypt Mining Pools:
– http://digihash.co/
– https://dgb-scrypt.theblocksfactory.com/
– http://p2pool.e-pool.net:8922/static/

SHA256 Mining Pools:
– http://digihash.co/
– https://dgb-sha.theblocksfactory.com/
– http://ispace.co.uk/coindetails/?coin=dgb

Qubit Mining Pools:
– http://digihash.co/
– https://dgb-qubit.theblocksfactory.com/
– https://dgbq.suprnova.cc/

Skein Mining Pools:
– http://digihash.co/
– https://dgb-skein.theblocksfactory.com/
– https://www.miners-pool.eu/#!/pools/digibyte%20-%20skein

Groestl Mining Pools:
– http://digihash.co/
– https://dgb-groestl.theblocksfactory.com/
– https://dgbg.suprnova.cc/

Coin Exchanges:
– Bittrex
– HitBTC
– Livecoin
– Yobit
– Crex24
– Graviex
– Stex
– qTrade

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