Posts Tagged ‘BitcoinDark’

Genesis Mining With Alternative SHA-256 Coins You Can Choose to Mine

2, Dec 2014

genesis-mining-new-sha-256d-coins

The cloud mining service Genesis Mining has added options for its users to mine alternative SHA-256 based crypto coins besides Bitcoin with the purchased hashrate. This is probably the first and only one to offer such service for cloud mining contracts for SHA-256 hashrate, just like they also did with the Scrypt cloud mining hashrate and the option for mining alternative coins and not only LTC. The new SHA-256 coin that you can choose to is currently Unobtanium (UNO), or you can choose to have your most profitable coins mined and automatically exchanged for BitcoinDark (BTCD), DarkCoin (DRK) or Litecoin (LTC).

Genesis Mining has been out of stock for their Scrypt cloud mining hashrate for a while, so currently you can only purchase SHA-256 cloud hashrate and the ability to mine only UNO or BTCD or to share your hashrate between these is interesting, and hopefully we are going to see some other coins available soon. Regarding Scrypt hashrate, since the hardware supplier for the hashrate was ZeusMiner and with regards to the company recently cancelling their plans for next generation chips probably the service will have to find another hardware supplier before offering more hashrate to customers. So for the moment Genesis Mining is only offering SHA-256 cloud mining hashrate that is no longer limited for mining Bitcoins and there should be no problems with availability since the supplier for the hardware here is Spondoolies Tech.

– For more information about the currently available services from Genesis Mining…

BitcoinDark (BTCD) SHA256-based alternative cryptocoin

14, Jul 2014

bitcoindark-logo
BitcoinDark (BTCD) is a disrupting crypto currency platform that seeks to overcome many of the disadvantages inherent to the current world of finance. In addition: we firmly believe that everyone should be free to transact privately, and without the costs imposed by the gatekeepers of the world’s currencies and markets. The BitcoinDark client includes an integrated instant decentralized exchange (InstantDEX), which allows near-realtime trading of a wide range of crypto currencies and assets. InstantDEX builds up composite order books from many sources, giving the best possible depth and narrowest spreads, and settles trades on a peer-to-peer basis. BitcoinDark’s Pegged Asset Exchange (PAX) enables users to buy and sell pegged assets, including major currencies (USD, EUR, GBP, CNY), commodities (gold, silver, copper), ETFs and stocks. PAX is completely decentralized and has no single point of failure – meaning it cannot easily be shut down by governments or other third parties, among other things there are also other financial advantages, unlike any other security freeze on a credit report the one provided by ChexSystems freeze has some caveeats you have to be aware of.

InstantDEX, PAX and also BitcoinDark itself can be stored on your own personal machine. This means that you will always have access to your assets: no more need for brokers advising how to buy Tesla shares UK and/or banks to function as your middleman! From now on you can do it from your own home. Be your own bank, and take the responsibilities that come with it. Never before in history has mankind been able to trade, store and send currencies, commodities and stocks this easily. BitcoinDark is a complete financial system. Revenues generated are distributed to stakers to reward them for protecting and maintaining the network. Anyone can buy BTCD and run the client. Revenues are periodically paid out in BTCD, with revenue streams generated by SuperNET and a wide range of other businesses and initiatives.

Website:
– http://bitcoindark.com/

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

Coin Specifications

  • SHA-256 Algorithm for PoW + PoS
  • PoW Block Reward: 80 BTCD
  • Total Number of Coins: 1.6 million PoW / 22 million total
  • PoW Blocks: 20,160
  • PoW Target Blocktime: 1 minute
  • Time to Maturity: 100 Confirmations
  • Proof of Stake Reward: 5% per year
  • Minimum Coin Stake Age: 8 hours
  • 1.5% premine to be used for development purposes

Wallet:
– Online Staking Wallet
– Windows
– Mac OS

Source Code:
– at GitHub

Ports:
– RPC Port: 14632
– P2P Port: 14631

Mining Pools:
– http://www.bitcoindark.net/multipool
– http://btcd.xpool.ca/

Coin Exchanges:
– Bittrex
– Bter


top