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Author Topic: Wattcoin (WTC) mining & info.  (Read 44 times)
WattcoinInfo (OP)
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June 17, 2026, 02:33:31 PM
 #1

Wattcoin (WTC) is a cryptocurrency built around a novel "Proof-of-Energy" consensus mechanism. Here's the core idea:
Instead of solving useless hash puzzles, miners run benchmark-verified computation tasks and the protocol estimates the electrical energy consumed based on known hardware power draw.  Every miner, regardless of whether they use a CPU, GPU, or other hardware pays the same estimated energy cost per coin, so hardware determines speed, not cheapness.
Key Design Choices: Fixed supply of 21 million WTC across 21 tiers of 1 million coins each. In Tier 1, one WTC costs ~20 kWh to mine; each subsequent tier doubles the requirement (Tier 2 = 40 kWh, Tier 3 = 80 kWh, etc.). This "tier ratchet" retroactively raises the energy floor for all previously mined coins too.
No mining pools and no luck variance, every miner gets paid every block, with rewards split proportionally by verified energy contribution.
The network will be backed by a real 60 kW Vortex Gravity Hydro Turbine in Estonia, with 60 Vortex NFTs (Gold/Silver/Bronze tiers) granting holders a permanent share of turbine electricity revenue and on-chain governance voting power over a 300,000 WTC treasury.
Status (May 2026): Mainnet is live, staking rewards are active, and the miner app is available.
In short, Wattcoin is a small, Estonian-based crypto project trying to make mining hardware-agnostic and tie coin value directly to real, verifiable energy expenditure with a physical green energy asset as an anchor.

Open-sorce project, code available in Github.

All info you'll ever need is at: wattcoin.ee
BitMaxz
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DCA would work if consistent.


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June 17, 2026, 11:57:40 PM
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Interesting, a Proof of Energy but the problem is what devices or units are compatible with this mechanism?

The only power-hungry one that consumes much power the one built from ASICs.
And another problem is if we do keep a miner with high power consumption, how can we sustain it if it doesn't have a value yet?

It's interesting but risky because it's proof of energy; no one would mine this if it's not profitable.
I am more confident with HNT miners with proof of coverage that consume less power.

CrocoPoW
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Today at 05:06:19 AM
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So it's Proof-of-Work without the work, everyone gets paid every time and i still get a good bill in the mail? I would like to know your process of creation. You didn't make a new algorithm, you didn't make a miner, is there a blockchain? From what i see you made a server that reads some data and pays everyone regardless of what the data says?
WattcoinInfo (OP)
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Today at 09:18:24 AM
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Interesting, a Proof of Energy but the problem is what devices or units are compatible with this mechanism?

The only power-hungry one that consumes much power the one built from ASICs.
And another problem is if we do keep a miner with high power consumption, how can we sustain it if it doesn't have a value yet?

It's interesting but risky because it's proof of energy; no one would mine this if it's not profitable.
I am more confident with HNT miners with proof of coverage that consume less power.

On ASICs: Wattcoin fully supports ASICs: Antminer, Whatsminer, etc. are detected and treated as whole-device mining units. But unlike Bitcoin, there's no hashing advantage. An ASIC contributes purely through its power draw (watts), not its hash rate. That means an old S9 (1350 W) that's landfill in Bitcoin is still fully productive it just earns less than a modern S21 (3500 W) because it draws less power, not because it's obsolete silicon.

On the chicken-and-egg problem: The energy floor itself creates a structural ratchet, each tier doubles the energy per coin, so the rational minimum price for all existing coins rises with each advance.

On profitability vs risk: The key difference from PoW is that rewards are proportional per block, not a lottery. Every miner gets paid every block based on their energy share, no pools needed and no variance. And because all hardware pays the same energy per coin, the marginal miner in every tier is the one with access to cheaper power, not the one with better chips.

On HNT / Proof of Coverage: Helium solved a different problem: verifying that a hotspot is physically where it claims to be. It requires specialized LoRaWAN/5G radio hardware and depends on location density. PoE works on any general-purpose hardware you already own (CPU, GPU, or ASIC). There's no geographic coverage requirement, no specialized radio, and no hardware vendor lock-in. The power cost is the only variable.
WattcoinInfo (OP)
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Today at 09:25:22 AM
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So it's Proof-of-Work without the work, everyone gets paid every time and i still get a good bill in the mail? I would like to know your process of creation. You didn't make a new algorithm, you didn't make a miner, is there a blockchain? From what i see you made a server that reads some data and pays everyone regardless of what the data says?

It's all open source, every line is at github. You can verify everything I'm about to say yourself.
Is there a blockchain? Yes. The P2P network runs over HTTP on port 39310 with peer discovery, chain sync, and fork resolution. The full block structure, merkle proofs, and account state are there in the repo.
"A server that pays everyone regardless of data" The energy measurement isn't a server reading some sensor. Every miner runs cryptographic probe challenges issued by multiple peer coordinators(every peer is a coordinator).
These aren't just "trust me bro" readings. Failed probes crater your trust score (which scales your mining contribution between 20–100%). The peer probe system, multi-coordinator cross-attestation, and trust score math are all in code.
No new algorithm? Proof-of-Energy as implemented here replaces SHA-256 lottery with energy estimation. The probes verify the hardware is real and running. The chain then counts verified kilowatt-hours, not hashes. That's a fundamentally different consensus mechanism.
"Proof-of-Work without the work" The work is real electrical load. The miner actually draws power from the wall. The probes verify the hardware exists and is computing. The protocol counts kWh, not hash attempts. You can call it PoW without SHA-256, but the energy cost is the same either way and every miner gets paid proportionally every block instead of hoping to win a lottery.
The repo is MIT licensed. Clone it, read the chain code, watch the peer network traffic, audit the probe system. If there's something specific you think is fake, point to the file and line.
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