How Syscoin SYS Miners Work

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How Syscoin SYS Miners Work 6,4/10 1640reviews

Syscoin is a cryptocurrency similar to Bitcoin which features the world's first decentralized marketplace directly in the wallet. The decentralized market allows for near-instant payment-upon-purchase, near zero fees and zero down-time. Syscoin and Bitcoin are both payment options in the marketplace. Other features include escrow, price pegging, encrypted messaging and digital certificates. Syscoin runs on the SHA256 algorithm and is merge-mineable with Bitcoin. • • • • Talk to the core dev team!

How Syscoin SYS Miners Work

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Yeah, I've got 7x Canaan a741. They're making $4-5000 (was looking like it would break through $6k when btc pumped to 20) each month. I resell miners too, so I turn the profits from that straight to new miners for myself. I'm sitting on a few bucks right now waiting to get a few more. I think this time I'll go after the new ebit machines.

I still haven't figured out merged mining. My guess is somewhere someone's running a private pool and doesn't want to share their knowledge. It's actually a little suspect how little information the devs seem to have shared on the subject.

Sep 21, 2014 Proof-of-work algorithm: SCRYPT (merge mineable with any SCRYPT coin) Multipool protection: SysCoin uses KGW to retarget difficulty every block. Does Bytecoin BCN Mining Require Fast Internet. SysCoin uses extremely small minimum and maximum values as algorithmic inputs, which effectively allows Syscoin's difficulty to re-target much more rapidly and accurately.

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