Direkt zum Hauptbereich

BitcoinZ (BTCZ) - Mining Opportunity

Today I want to write about BitcoinZ (BTCZ) which was released and launched in September 2017.
BTCZ saw a fair lunch with no ICO, no pre-mine, no fixed Dev Fee.

The announcement post can be found here: https://bitcointalk.org/index.php?topic=2166510.0
Before getting into details - the most remarkable property of BTCZ is the decentralisation and community effort!

There is no Main Webpage but you can find the White paper here: https://bitcoinz.global/media/Community_Paper_Final.pdf

Summary of the main characteristics:
  • Proof of Work (POW) -> Equihash Algorithm (same as ZEC, ZEN, BTG)
  • 21 Billion coins
  • Currently 12500 coins every 2.5 minutes
  • Block Halving after 4 years similar to BTC
  • Privacy of ZEC

BTCZ is heavily community driven - there are many mining pools with a low fee that is donating to the community wallet. The wallet currently has a balance of 2.5 M coins.

The funds in the wallet are solemnly used to cover infrastructure costs and for marketing. Pool operators host attractive events like Giveaway actions to keep the hash rate decentralised.

Currently 1 BTCZ is worth 17 Satoshi which still makes it one of the most attractive coins to mine with the current Nethash and difficulty. Let us take a look at the price evaluation since its launch:

After a quite start the BTCZ saw huge gains, it's value went to 0.012$ respectively over 200 Sat in November. Right now the value is stable and back to the lunch value.
To gain positive momentum BTCZ should not fall below these levels; right now BTCZ needs to be rated as neutral when it comes to the chart picture.

What can increase the future value of BTCZ?
Listing on a more reputable Exchange would certainly boost the price of BTCZ as it attracts more potential investors.
A good marketing campaign would also be beneficial (the DEV Team is working on it and launched already some of them).

The most valuable asset is certainly a stable core team as well as continued progress. The strong community supporting new initiatives is also a big asset!

I will revisit the technical analysis by the end of the month and Edit this post.

If you appreciated my article feel free to support my work with a small donation - or better just donate some BTCZ to the Dev Wallet mentioned above!

ETH: 0x8f08712c8676a639e05E31f8fB033b6C0a1A22A8
BTC: 1Lhc8G6inSZju8mhufniQtzE9rLwcLz68U


Beliebte Posts aus diesem Blog

How to wire Electroneum (ETN) from your paper wallet to an exchange

Electroneum was launched beginning of November and is a new mineable Cryptonight coin!

I recently learned that many people are struggling with sending the newly mined/bought Electroneum Coins to an exchange. Below you can find a detailed guide which should not take more than 10 minutes and will help you to access your funds and wire them to an exchange.

The Project Main Page: https://electroneum.com

1. Create a paper Wallet:
 Browse to https://downloads.electroneum.com and click either on "Browser Version" or     "Download Zip" depending on what you prefer. You can now start mining to this address.

2. Download the ETN Client
Browse to the ETN Github Repository https://github.com/electroneum/electroneum/releases and choose download the package which corresponds to your operating system. Extract the archive and copy it to a folder that is easily accessible (e.g. Mining/ETN Client)

3. Sync your local copy with the ETN network
Open the Command Line Window of your choice (…

Bitcore (BTX) - Investment Opportunity

Today I want to present you Bitcore (BTX) - a virtual fork of Bitcoin launched in April 2017.

The official Website of the project: https://bitcore.cc

What are the main differences compared to other coins or what brought my attention to BTX?

21 Million Coins10 MB Blocksize2.5 min BlocktimeGPU Friendly Mining Algorithm Timetravel 10New distribution concept
Especially the last point needs further explanation. There are two possibilities to receive BTX coins:

Participate in the weekly airdrop (currently every Monday 4% of your BTX Balance - in January this will increase to 5%)Claim BTX with the latest BTC snapshot (you need your BTC private keys and at least 0.01 BTC Balance at the time of the Snapshot) To be eligible for the weekly airdrop you need to complete the following steps: Download the BTX Wallet from the project site https://bitcore.ccBrowse to https://www.bitcore.cc/airdrop.php and register your address by providing the public key and the signed message That's already everythi…