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Author Topic: [ANN] [COIN] [CPU Mining Only] Marketcoin  (Read 190 times)
qubitmarketcoin (OP)
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June 21, 2018, 10:47:05 AM
Last edit: July 02, 2018, 11:23:04 AM by qubitmarketcoin
 #1

Marketcoin (XMQ) : https://qubitmarketcoin.com/

Download wallet from https://qubitmarketcoin.com/downloads/

Marketcoin (XMQ) – Mine on CPU only

Everyone can mine it !!! with CPU, 4GB RAM, 2 chores 1.5GHz

NO: GPU, NO ASIC miners, NO farms of computers, only CPU mining like you and I

Marketcoin is a lite version of Bitcoin using a special algorithm to only allow CPU mining and stop ASIC, GPU and all kind of farms to take advantage of expensive resources. Plus it stops the madness of electricity consumption to mine crypto.


  • 26 million max no coins
  • 10 coins reward for mining a block, to avoid pump and dumps
  • No halving, reward is 10 coins for mining a block up to the max no of coins
  • 10-15 minutes, Average time to mine a block on a CPU with 4 GB RAM
  • Scrypt as a proof-of-work algorithm
  • CPU mining only, ASIC and farms will waste power with no benefit

Future plans: Privacy and secret of transactions originator

Another issue with the current crypto is the fact that transactions can be tracked and we can find the participant wallets’ IP addresses. We will start by removing the IP addresses from all the logs, and implement a simple channel of communication between wallets and the blockchain and between blockchains without disclosing the IP addresses.

Mining on mobile

This will be the next step in designing mining to work on mobile devices, with very low CPU power. ASIC and Farms will have no advantage over mobile phones, being a complete waste of electricity.
 

CPU MINING LOG:
2018-06-20 11:21:21 Block is ok
2018-06-20 11:21:21 SetBestChain: new best=d0c412e0b0061203179ae855e05a853cdeedad568db23dc4f867ed4cb9dcf20e height=169 log2_work=28.409394 tx=170 date=2018-06-20 07:37:55 progress=0.288308
2018-06-20 11:21:21 ProcessBlock: ACCEPTED

ASIC LOG:

2018-06-21 07:15:31 ERROR: ProcessBlock() : AcceptBlock FAILED
2018-06-21 07:15:31 ERROR: MarketcoinMiner : ProcessBlock, block not accepted

Speed of mining – CPU: around 10 minutes per block

You can mine on your laptop or pc using the wallet.
Foxnotdie
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June 21, 2018, 11:51:24 AM
 #2

Maximum hashrate on cpu? (mining uses too much hash power)
qubitmarketcoin (OP)
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June 21, 2018, 07:55:21 PM
 #3

it's not a fixed number, it looks at the network as well
simonenergy
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June 22, 2018, 12:15:13 AM
 #4

Scrypt as a proof-of-work algorithm。
Are you kidding me? Scrypt has asic
JeffJohnsonTheNameYouKnow
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August 01, 2018, 03:50:12 AM
 #5

Is there a discord?
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