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This is by far the first crypto coin to truly help science. The Orbitcoin Society mission goal is to support open source science and bring some of that power back to the people! Orbitcoin uses the green and fair Neoscrypt algorithm. Feel free to register and mine ORBs with us! Dave Home mining is not dead! Variable stratum address to use: Our sponsors keep us orb or bitcoin mining pools The mining pool has suspended its mining activities. Orbitcoin mining allows you to generate new coins using your computer ressources, mining in our pool will help you to get faster payouts.
Discover Orbitcoins Wallet setup Mining software. Home mining is not dead! Diff 32 stratum address: Diff 64 stratum address: Diff stratum address: As of the 26th of JulyNeoScrypt will be the latest proof of work PoW algorithm to hit the cryptocurrency world. The first alt-coin to adopt NeoScrypt will be Phoenixcoin, soon followed by Feathercoin.
The technological arms race that this technology creates means that those who have invested heavily in GPU mining would potentially lose their investments overnight. NeoScrypt, a orb or bitcoin mining pools memory intensive key derivation function, was developed by John Doering aka "Ghostlander"a developer for Feathercoin and Phoenixcoin, to tackle that problem. Since mining cannot be avoided, it's better to keep it as decentralised as possible.
This protects the network from interruptions and abuses. If ASICs were inexpensive and affordable orb or bitcoin mining pools most people, then currency networks would not become as centralised as, for example, Bitcoin has. On the other hand, computer processors CPUs and video cards GPUs are produced in large quantities by several vendors and many people can afford them. Whereas ASICs orb or bitcoin mining pools more expensive, depreciate very orb or bitcoin mining pools and have little to no value outside of mining.
We are moving to a hashing solution that uses stronger components that have not been broken yet and should not be for the next decade at least. Scrypt was made popular by Litecoin. However, it has been shown that only having 8 rounds of Salsa20 can be broken through differential cryptoanalysis source. Doering created NeoScrypt to be compatible with Scrypt, but has functional differences which provide advantages over Scrypt.
He has written a custom key derivation algorithm which is stronger and faster. Not only is this combination faster and more secure than standard Scrypt, but it only takes 32Kb to 64Kb of memory, compared orb or bitcoin mining pools the Kb of memory used by Scrypt. NeoScrypt based currency is set to become the best option for those who have a low to medium budget for mining equipment and therefore cannot afford ASIC rigs. Mining Feathercoin has always been a community focused altcoin.
With that in mind, its adoption of NeoScrypt will ensure that its loyal miners will still be able to viably mine by not competing against miners who have bought Scrypt ASICs. Only those with deep pockets can mine Bitcoin and this will end up being just a few large companies. This does not make a good case for decentralisation.
However, as the code is open, those with the skills necessary to create the first open source GPU miner for NeoScrypt are highly encouraged to do so. Bounties have been issued for this work. Having Pheonixcoin available to test NeoScrypt on should greatly help development of third party software like pool software and miners.
Once the necessary tools are available Feathercoin will release NeoScrypt onto its network. Feathercoin has said that it will make an announcement on the timing of its hard fork in plenty of time for everyone to test the new miners and be sure that the community is ready for such a major shift. He is a keen enthusiast for crypto currency and has been involved in many projects the most known of which is Feathercoin for which he is orb or bitcoin mining pools developer.
Peter lives by the open source ethos and believes that we are here to work together to progress the underlying software. John Doering John Doering has been with the Feathercoin development team since the early days. Leads the development on the new hashing algorithm called NeoScrypt. Contributes to all things technical when we are talking code, he and Bushnell orb or bitcoin mining pools closely together hashing out the technical details orb or bitcoin mining pools the other members of development team.
He has also become the lead developer of Phoenixcoin and Orbitcoin after their original developers abandoned them.
