How To Profit From BitcoinDark BTCD Mining
BITCOINDARK BTCD What is BTCD? BitcoinDark is a community driven project which aims to fulfil the original ideals of crypto-currency: Decentralization, Openness, and Anonymity. First of all this is an announcement to state the concept of this coins development and progress. In line with the original idea of Bitcoin, the aim is to create a decentralised currency and payment system, however the evolution of BitcoinDark will be up to the larger community for assistance and development. One feature that is crucial to the idea of BitcoinDark is anonymous transactions, which will be implemented by community members through a bounty.
Any other features that the community suggests will be put up for a vote and bounties to implement these features will then be added. Community assistance, suggestions and development is encouraged and welcome, let's make a coin worth creating for us all. Key Features BitcoinDark is an ASIC compatible PoW/PoS coin with eventual anonymous transactions.
Additional features will be added in time. Community Driven BitcoinDark is an open source project.
A good coin should be developed by the community that intends to use it. Feedback and participation are very much encouraged. Anonymous Anonymous transactions are integral to the concept of crypto-currencies and one that BitcoinDark will include in the near future. The plan is to have an anonymous transaction feature developed by the end of the PoW phase and to be implemented in the early PoS phase. Papers Website Block Explorer / Crawler Contact bitcoindark@mail.com SPECIFICATIONS • Proof of Work Algorithm: SHA-256 • Total Number of Coins: 1.6 million PoW / 22 million total • PoW Block Reward: 80 BTCD • PoW Blocks: 20,160 • PoW Target Blocktime: 1 minute • Time to Maturity: 100 Confirmations POS INFORMATION • Proof of Stake Reward: 5% per year • Minimum Coin Stake Age: 8 hours PREMINE 1.5% premine to be used for development purposes. The premine will NOT be dumped for personal gain. STATS / RANKINGS DOWNLOADS Windows MacOS Linux None Available.
BitcoinDark by xpool - The #1 BTCD Multipool PROP reward system BTCD Payouts Scrypt & SHA256 & X11 Algo's DDoS Protected High Performance Backend Simple setup and usage 1% Fee To mine: How does it work? Xpool offers 3 different sets of coins to mine. SHA256, Scrypt and X11. Each algorithm runs on a shift (see below). The confirmed coins are traded on the top 4 exchanges throughout the duration of the shift automatically to maximize the profits by exchanging them into BTCD and creating buy pressure in the BTCD markets!
Once the shift ends, the shift is moved into 'Confirming' status while all the coins are confirmed as successfully traded and exchanged, the BTCD payments are sent. Current shifts run 24 hours, Monday - Friday and end at 7PM Eastern each day except Saturday & Sunday. The weekend shift ends on the Monday. Payments are then finialized and typically complete 2-3 hours after a shift ends. The advantage of the pool is that you can utilize your any GPU, CPU and older ASIC equipment to earn you the more desired BitcoinDark. Cheers and Happy Hashing! Donations welcome or tip me, crackers, on IRC!
Is Bitcoin mining profitable after the mining. My guess is that in the long run you could make a profit from Bitcoin mining but only if you invest a.
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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. 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.
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 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: – Block Explorer: – Coin Specifications • SHA-256 Algorith 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: – – – Source Code: – Ports: – RPC Port: 14632 – P2P Port: 14631 Mining Pools: – – Coin Exchanges: – – – –.
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