Posts Tagged ‘HEX mining’

HeisenbergHex (HEX) Scrypt-based alternative cryptocoin

15, Mar 2014

heisenberg-hex-logo

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

Coin Exchanges:
– Yobit
– Bleutrade


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