• Posted in: Home
• 89
• Author: admin

Syscoin SYS Mining Rig Wiki on this page. Towards the end of this week, the cryptocurrency market began slowly climbing back from its hole made days prior. Source: Between Monday and Wednesday of this week, the market dropped almost $300 billion, due to various events.

Many new investors, not ever really seeing a market correction, began panic selling which further caused the sharp decline on the 17th. All cryptocurrencies’ have begun making a comeback consistently but some have made significantly stronger presences. MonaCoin (MONA) MonaCoin coin is the first Japanese specific cryptocurrency and is widely popular among the community. The team has created a culture around the MonaCoin and is the most widely used coin in Japan.

Monacoin Genesis Block. Nope its not wrestling, nothing to do with the leotard mask. Mining Monacoin (self.monacoin).

The transaction time on the underlying blockchain is 1.5 minutes and miners are rewarded 25 MONA for verifying the block and adding it to the chain. A Japanese website “ ” supports the cryptocurrency, which allows users to send these coins to each other while playing online games. It also provides a feature that contributors can upload self-painted pictures which are rated with small donations of MonaCoins. The Monappy platform offers an online shop in which users can offer or buy real products using the cryptocurrency. It serves as both a wallet and a platform, not needing to download an external wallet alleviating a major concern for most.

Currently, the cryptocurrency is in the top gainers in today’s market selling at $8.57 a coin, up 39.27%, in 24 hours. You can trade for the MONA on Bittrex, Livecoin, Bitbank, Bleutrade, ABwang, and Zaif. Nebulas (NAS) was founded back in June of 2017, by Hitters Xu, an ex-Google (NASDAQ:GOOGL) employee in the Anti-Fraud team.

Nebulas aims to address the current challenges within the blockchain community of measure of value, self-evolving capability, and healthy ecosystem development. Its team has created a framework to address the issues including Nebulas Rank (NR), Nebulas Force (NF), Developer Incentive Protocol (DIP, and Proof of Devotion (PoD). It concluded it’s ICO mid-December 2017 and raised $60 million USD, in tokens sold. It launched its test net of its search engine for decentralized applications in Q4 of 2017 and is anticipated to release its main net online this quarter. As the ramp up to the main net being put online, the coin is gaining some major speed.

Currently, the nebulas team holds offices all around the world including San Francisco, Beijing, Suzhou, Singapore, and Shanghai. At press time, the NAS coin is up 52.83%, selling at $12.68 a coin. Its total circulating supply is 35,500,000 NAS and can be traded for on gate.io.

VeChain (VEN) VeChain, like most products on the cryptocurrency market, aims to build a trust-free and distributed business ecosystem. However, it currently holds three products developed on the blockchain which each focus on entirely different markets.

It’s currently in the supply chain industry, which has already become a huge industry for blockchain technology. PricewaterhouseCoopers currently uses the second product and uses it for “third-party services.” Lastly, VeChain is involved in Liaoning Academy of Agricultural Sciences’ distributed data storage.

VeChain is about to go through a huge rebranding and will be called VeChain Thor Blockchain with its VEN tokens, going to be converted to VET tokens. The team will also roll out a proof-of-authority consensus model to make sure its future developments are completely aligned with the vision of the VeChain foundation. Currently, VEN is being sold at $7.86 a coin, up 38.71% in 24 hours. You can trade for the digital token on Binance, Huobi, Kucoin, Gate, Hitbtc and Liqui. As cryptocurrencies make their way back, many of these smaller altcoin projects have begun to shine through.

Many are searching for the latest project to take off and it is always advised to do research before investing in any coin. There are many alternative coins, below the top ten on the market, that are currently above 20% gains on the market including EOS (EOS), Loopring (LRC), Augur (REP), Chainlink (LINK) and Icon (ICX). Featured Image.

What is the best cryptocurrency to mine? Should you be mining Zcash, Bitcoin Gold, Vercoin? I will use our NVIDIA 1080 Ti GPU crypto miner on this video to show you how we do it! Our mining hardware actually includes three of the EVGA GTX 1080 Ti video cards, which gives us a good hashrate and low temperatures when overclocked. Custom ZenCash ZEN Miner. Even though it cannot be used to mine Bitcoin, it is perfect for alcoin mining [and might be appropriate to mine Bitcoin Gold (BTG) soon].

We start off by going to the What to Mine website and specifying our hardware (three 1080 Ti's) and power consumption (in kWh) to determine our hashrates based on different mining algorithms and coins. For a while, we were mining Zcash (ZEC) because it was the most profitable crypto to mine for the Nvidia cards. But on the day of this example, we used the Lyra 2 Revision 2 algorithm (Lyra2REv2) to mine Monacoin (MONA). On the What to Mine tab mining profitability table, we see Monacoin as the top earner ($7.40 assuming a Kilowatt-Hour figure of $0.10, as of October 25th, the day this video was recorded), then Vertcoin (VTC), both coins being on the Lyra2 Revision 2 algorithm. After that, there's Zencash (ZEN) and Zcash, which are both on the Equihash algorithm.

The Equihash algorithm also includes Zclassic (ZCL), Hush (HUSH), and Komodo (KMD). Monacoin is a big player in Japan, which legalized cyptocurrencies in brick-and-mortar stores, and provided access to Bitcoin ATMs, where you can withdraw fiat (paper currency) for your cryptos. What to do with your Mined Altcoins? This is a great question that will affect your overall mining profitability.

Do you like to mine a more fundamentally solid cryptocurrency (Bitcoin, Ethereum, Zcash, etc.) on the list and hold on to it (HODL it, as they say in the crypto world) OR do you try to maximize your current profitability by mining whatever is on top of the leaderboard, then convert or exchange it for a crypto that you actually want to hold? Personally, I'm still holding on to all the Zcash that I have mined in the last few months.

On this video, I'm going with Monacoin. Can I Mine Bitcoin Gold with a GPU Miner?

On October 23rd, Bitcoin hard fork split occurred, causing the creation of Bitcoin Gold. What's interesting about this is that, even though Bitcoin mining has always been an ASIC-centric affair, Bitcoin Gold is supposed to allow mining via the Equihash algorithm via GPUs, our favorite type of miner. That means that you would be able use our 1080 Ti GPU mining rig to mine Bitcoin Gold, which is really exciting. Stay tuned for that!

So what cryptos do you mine and what do you do with your digital coins after you mine them? Let us know in the comments below and make sure to subscribe to the channel for more updates on the crypto market and information on the sale of our three and six-GPU mining rigs. Use Some of These Tools to Help you with Cryptos: Access the Pro Version of the Tradingview Platform: Open an Account with Binance and Start Trading Cryptos: Trezor Hardware Wallet (the one I use): Follow us on Instagram: Follow us on Facebook: Email us about our GPU Mining Rigs: cryptoplayhouse@gmail.com Thank you for your donations to help improve our channel: BTC - 13LiRV2XBANTT2QuEhtYTE38dg85YaThai ETH - 0x6c29af580a22fd5f6b6818ac055f2e LTC - LZE2cKwiTuh4FD2yU6qky1E7zbJmtcCG8h ZEC - t1P2jacRH4V1W2hrkZfWgaqYzmU337UFVPh DASH – XgBdE6uCgWRjRU3T6FDjcZcqqgoBUeBLBu.