Vertcoin is another long-time favorite of mine. I mined it for a while and since then have just been buying some every now and then in anticipation that it will one day follow BTC and LTC market structures. I love their ideologically based incentive to keep their network as decentralized as possible because
I am a GPU miner at heart and love it when Proof of Work systems are running in this manner. Centralization, as history teaches us, has always lead to failure, regardless of time frame. Here is my Vertcoin art that I dedicate to the Vertcoin community:
Official Website:
https://vertcoin.org/
Introductory video:
Announcement:
https://bitcointalk.org/index.php?topic=1828453
Store it here:
https://trezor.io/
Vertcoin technical specifications as follows:
- Launch date: Jan 11, 2014
- Proof-Of-Work (Consensus Mechanism)
- Total Supply: 84,000,000 Vertcoin
- Preferred Consensus Device: GPU
- Mining Algorithm: Lyra2REv2 (Made by Vertcoin) (Verthash is on its way)
- Blocktime: 2.5 minutes
- SegWit: Activated
- Difficulty Adjustment Algorithm: Kimoto Gravity Well (Every Block)
- Block Halving: 4 year interval
- Initial Block Reward: 50 coins
- Current Block Reward: 25 coins
Official mining resources:
https://vertcoin.org/mine/
Vertcoin has entered my accumulation zone and I have been buying as of late:
Weekly chart:
Daily chart:
I will update you on the remaining coins I am accumulating as follows as well as the recurring Ink doodles, my Mining Series, Photography and other projects I am working on. As for now, if you have not signed up on Bitmex, here is my ref link for 10% off of fees: https://www.bitmex.com/register/JQd8xz
DISCLAIMER: Remember to use stop losses at all times to manage some risk. Do your own due diligence and do not play with anything that you cannot afford to loose. This is all my opinion and should not be misconstrued as financial advice.
Peace, Love and Light.
Maxim