Tuesday, 31 July 2012
LTC More Profitable than BTC
This is the fourth week in which LTC is more profitable than mining of BTC using AMD cards. Hopefully this trend continues. In the past, every launch of an alternate cryptographic coin, started out well but ended up worthless against the BTC due to pump and dump action. LTC is one of the longest lasting and still continuing to be strong. Interesting to have a contender for Bitcoin.
Friday, 27 July 2012
Saturday, 30 June 2012
Microcash
On the Alternative coins side, I do not see much news, it seems extremely quiet with no alternative coin able to hold its own against Bitcoin, but I am waiting for Microcash which seems to be the largest initiative at the moment. Hopefully will be able to try it out when it launches and keep readers updated.
Sunday, 10 June 2012
Microcash Launch
We are still waiting for the launch of Microcash, this will be the latest of the alternative coins and looks interesting enough. Wondering why the delay, hopefully it will come out soon so that we can try mining it.
Friday, 1 June 2012
Microcash
Seems to be very quiet on the alternative coins front with the exception of the announcement of Micro Cash. Hopefully they can generate enough new interest in alternative coins with different uses from Bitcoin. Namecoin is a good example.
Monday, 7 May 2012
GeistGeld
GeistGeld coin is known more for its innovation rather than trying to replace the Bitcoin. The founder is an extremely smart person trying to break the speed limit to one block per 7 seconds! As given on their web site, this is what they intend to achieve.
I had great fun installing and mining Geist Geld coins. But I seems to be having problems downloading the chains anymore. Hopefully the founder does not stop his innovation but continues to press on for further and newer innovations.
Geist Geld is an experimental, innovative cryptocurrency which aims to implement the highest sustainable blockrate while ensuring maximum versatility and feature-richness by serving as an attractive platform for a community of enthusiasts seeking to investigate and deploy novel cryptocurrency features.
I had great fun installing and mining Geist Geld coins. But I seems to be having problems downloading the chains anymore. Hopefully the founder does not stop his innovation but continues to press on for further and newer innovations.
Microcash
Solidcoin evolved from a GPU coin to a GPU resistant coin. It is now going to evolve yet another time into an interesting product known as Microcash. Copied from Coinhunter Posting in the Bitcointalk, the features are as below
*) MicroCash is going to include every SolidCoin in it,
*) When MicroCash launches there is going to be a "Launch Bonus" , meaning mining rewards are going to be MUCH higher than normal for a week or so. Total inflation from the bonus will be 100K
*) MicroCash will not have trust nodes
*) MicroCash will have a similar hashing and pool mechanism as SolidCoin
*) MicroCash will not have trust accounts. Meaning the only coins brought forward will be the 2.8 million user coins
*) MicroCash will have an alternate 51% mining protection mechanism which will mean the power of the network is more in the users hands
*) MicroCash will have a different address format. It looks like micro(QSM3PKS3EOZBUZO4A)cash
I think a lot of us Alternate coin fans will be anxiously waiting for the launch. Wishing Coinhunter a smooth launch!
*) MicroCash is going to include every SolidCoin in it,
*) When MicroCash launches there is going to be a "Launch Bonus" , meaning mining rewards are going to be MUCH higher than normal for a week or so. Total inflation from the bonus will be 100K
*) MicroCash will not have trust nodes
*) MicroCash will have a similar hashing and pool mechanism as SolidCoin
*) MicroCash will not have trust accounts. Meaning the only coins brought forward will be the 2.8 million user coins
*) MicroCash will have an alternate 51% mining protection mechanism which will mean the power of the network is more in the users hands
*) MicroCash will have a different address format. It looks like micro(QSM3PKS3EOZBUZO4A)cash
I think a lot of us Alternate coin fans will be anxiously waiting for the launch. Wishing Coinhunter a smooth launch!
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