How to mine Vertcoin (VTC) on pool Explained in details how to mine Vertcoin. I am able to help setting up you mining rig or farm for reasonable price in btc. Sep 4, 2017 - The majority of these machines are owned and operated by large mining companies and ASIC manufacturers, this is a problem. This creates an. Vertcoin Core Wallet — VTC Electrum Wallet (p2pool unsupported). No centralized ASIC farms.

• Bounties for development • • Ticker • VTC Price: 2.925 • VTC Price: 0.0003548 • Change (24h): -3.12 • Change (30d): -17.51 • Volume (24h): 24 • Updated: 02-05 00:23 GMT • • Join us on Discord • Technical Details Algorithm: Lyra2REv2 Max Coins: 84 million. Block time: 2.5 minutes Subsidy halves every 840,000 blocks (~4 years) Difficulty Re-Target Time: Every block with KGW algorithm Block Rewards: 25 coins per block Subreddit Essentials Vertcoin Official IRC: #vertcoin on Exchanges: VTC/BTC: VTC/BTC: VTC/BTC: VTC/EUR: VTC/BTC: VTC/BTC: VTC/GBP/EUR Merchant Tools: Vertcoin payment processor Services Mining Block Explorers, Other stuff Useful Subreddits.

Vertcoin - A Bright Future 2/11/2017 7:17:06 PM 1675 words about 8 minutes I have a large position in Vertcoin and it has accounted for my biggest gains to date - yes I'm a crypto millionaire at 19. It is still priced relatively low at just a few dollars so now is a prime time to buy. Vertcoin is also a digital currency on the blockchain but one of the major differing factors is the fact that Vertcoin is application-specific integrated circuit (ASIC) resistant. Bitcoin, Ethereum, and Litecoin (another type of Altcoin) are NOT ASIC-resistant. Why is ASIC resistance such a big factor to consider? Bitcoin mining (how coins are generated) is heavily dominated by wealthy investors who have warehouses full of ASIC miners. ASIC miners are very expensive and makes it difficult for the average person to have a piece of the pie.

As you can see above, during the SegWit2X cancellation I talked about in another post, Vertcoin had the BIGGEST PERCENTAGE GAIN out of all the other coins! It really is undervalued. Vertcoin has technological advancements that prevents this and prefers CPU (central processing unit) and GPU (graphics processing unit) mostly (which most modern computers have). This means that anyone with access to a normal computer can MINE VERTCOIN.

This makes it truly decentralized because the ASIC warehouses in Bitcoin’s case are essentially a few big monopolies controlling the influx of Bitcoin into the market. This goes against the purpose of having cryptocurrencies in the first place - to have absolute decentralization and freedom of currency exchange. Many people call Vertcoin the true ‘people’s coin’ and I certainly have to agree.

With lightning, the speed and fees are no longer an issue with Vertcoin. However, the reason I am in on Vertcoin is, after Lightning, Atomic Swaps come in to play. A lot of people don't care, but I do.

In detail, all the people that can't mine BTC (Bitcoin) or LTC (Litecoin) because they can't afford some giant ASIC farm, can instead mine (VTC) Vertcoin with their GPU’s at home. Atomic Swaps will allow them to instantly convert VTC to LTC or BTC to make purchases everywhere they are accepted. This means potential mass adoption of VTC in conjunction with what is already gaining a lot of traction - Bitcoin. This also should significantly raise the price of VTC, because people will want more BTC or LTC for their Vert, as they mine with their GPU’s. If LTC is to BTC, then VTC is to LTC.

BTC is too big, and takes too long to accept changes. LTC is WAY more willing, and willing to test changes for BTC. A lot of those changes require another coin to help test it, and VTC became that other coin. Vertcoin is going to rely on people seeing it as a useful way to mine, and people buying into it seeing that as useful. I see it as useful, but does everyone else? If people DO find that useful, Vertcoin has a REALLY GOOD development team currently, who are all volunteers.

While they may just quit whenever, they are also invested in VTC, so doing the best they can is all they do considering this is their future as well. Vertcoin should be THE ONE COIN that GPU’s worldwide mine for profitability and in terms of actual usefulness. The goal is adoption, right?

Adoption in commerce and in society. Vertcoin gives normal people the ability to get into the world of cryptocurrency without spending their own money, because most people won't. If they simply have a computer, they can start to mine Vertcoin, because VTC will allow the average person to mine and use the coin - due to Atomic Swaps.

More and more people start mining. More investors come because more people are coming in, raising the price, causing more people to mine, etc.

First of all, Vertcoin does indeed have a tremendous community (simply look at the number of subscribers on Reddit compared to other coins with relatively same market cap), and this is definitely to be considered. However, this is only a fraction of the value proposition of this coin. I would actually like to expand on the ASIC resistance concept just a little bit more. One of my friends who is an electrical engineer, has actually designed ASIC’s. What I can tell you is that this term “ASIC-resistant' is a little bit misleading.

In theory, any algorithm can be turned into an ASIC. An ASIC is a digital, analog, mixed analog digital circuit that has been cast into Sea of Gates, Semi-Custom, or Full-Custom ASIC technology. The cheapest route is Sea of Gates. If one did not want to do a Sea of Gates ASIC, they could implement an algorithm in a FPGA, or Field Programmable Gate Array.

Altera and Xilinx are the dominant players here. In the early days of Bitcoin, there were many FPGA miners, this was a very common way to mine Bitcoin.

Overall, It takes somewhere between $50,000 USD to $1,000,000 USD to design an ASIC. It is a very expensive and high capital process. There is a substantial amount of engineering required, where the circuit is designed in System Verilog, Verilog, or VHDL - as well as very extensive test benches to make sure that the when the chip is made it works the first time. Engineers prototype ASICs in FPGA's, and the development boards for ASIC emulation can cost $20,000 USD or more just in themselves.

Thereafter, the design goes to a foundry where the chip is made, and that will be very expensive (again), ballpark figure around $50,000 to $500,000. There has to be motivation to make an ASIC, such as high volume chip sales. For Sea of Gates technology, a rule of thumb is that there is typically a break even point when a company sells 1,000 to 2,000 chips a year that has been made into an ASIC.

That is because Sea of Gates is about a $100,000 process. The ASIC resistance of Vertcoin is not technology related (i.e. Algorithm that is currently being used could be made into an ASIC). What makes Vertcoin, ASIC resistant, is the commitment of the team to change the algorithm if someone does make an ASIC to mine Vertcoin. This is what gives Vertcoin it's value proposition and I really appreciate that. This is a powerful and effective way to limit the power of miners, in one simple swipe. Nobody really wants to deal with this Bitcoin forking (blockchain splitting into two) anymore.

At this point with the upcoming fork, it seems more and more unnecessary. I see Bitcoin as a storage of value layer, and other coins such as VTC and LTC as transaction layer coins. Dogecoin DOGE Mining Problems. To me, what gives VTC value, is the intention of the community and the consequent implications for the future of currency transactions - on a global scale.

Crypto Made Me A Millionaire College Student At 19: I got into the crypto space under a year ago and have already become massively successful solely by trading crypto (not including my Instagram, real estate, stock market income streams). People say it’s ‘too late’ to get into cryptocurrency. Bitcoin rose from 6 cents to $10,000+ but it’s expected to hit $100,000+ SOON. Yes you heard that right! And there are THOUSANDS of alternative coins in the market at low prices - like Vertcoin.

What gets my clients and I excited is the fact that you can invest ANY amount of money into cryptocurrencies. It won’t matter if it’s $10, $100K, $10M, etc. As long as you invest the money (with the right strategies and properly educated guidance) you can afford to lose, the potential income is INSANE. Since cryptocurrency is decentralized and thus can’t be controlled by governments or banks. A true global currency. This means that investing and holding cryptocurrency can be done ANYWHERE IN THE WORLD. This allows me to travel to dozens of countries every year (since most of my income streams are based online) without being tied down to a conventional 9-5 job.

I take ALL my college courses online. I am happy to announce that I will be offering LIFETIME MENTORSHIP for everything cryptocurrency - gives you full access to me, massively successful at age 19. MY PROPOSAL - I can help you build up a highly profitable cryptocurrency portfolio if you follow my advanced growth strategies step by step. Instead of spending thousands of hours figuring out how to invest in crypto, all you have to do is spend ~1 hour per day applying my growth strategies.

This will be in the form of 1 on 1 lifetime coaching where you add me on a private messenger and ask me as many questions as you want - getting fast in-depth responses every time. It's a one time fee and no further investment is required after that. In addition to lifetime mentorship with me, my package also includes a 10,000+ word advanced custom financial blueprint tailored to your individual risk tolerance that I will write myself, detailing everything I have utilized to build a successful crypto income stream. Details such as which coins yield the BEST returns based on your financial risk tolerance, every aspect of the fundamental technology behind cryptocurrency, advanced technical analysis of price patterns, etc. Are just some of the MANY things you will learn with me. Viacoin VIA What To Mine. I have all the details (one time fee starting at just $397).

ONE TIME PAYMENT. LIFETIME MENTORSHIP. Only 12 million Bitcoin wallets exist.

7+ BILLION people in the world. It’s a GLOBAL CURRENCY, decentralized. Think of the potential for growth even today. My prediction is that we’ll all be scratching our heads wondering why we didn’t buy Bitcoin at $10,000 when it hits $100,000.

Thank goodness I have! Join my team! Have questions about how I can teach you everything I know? Email me directly at: cointactic@gmail.com or Snapchat 'luxallday'. Guaranteed in-depth replies within 24 hours! I will answer EVERY inquiry.