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Posts tagged as “mining”

April Fools Fever: OnePlus Launches New CryptoCurrency PeiCoin

Joining the likes of OyoRooms now is the premium-budget smartphone company OnePlus. The new cryptocurrency is called ‘PeiCoin’ and the tagline Blockchain meets never settle. Announcement: A few hours ago OnePlus pinned the announcement tweet on their twitter account. Get paid to use your phone, using our new, community-driven currency. It’s always better to mine together. https://t.co/nwRWOO71pr pic.twitter.com/wf32q8M8GO — OnePlus (@oneplus) March 30, 2018 The Project: OnePlus’s Pei Coins get the name…

How did PACcoin Reach 3rd on Coinmarketcap and what is it?

Too many people, too many people sent messages to our twitter, to ask what is this PAC coin on #3 in market cap behind Bitcoin and Ethereum. But we will answer the most important question first. Why PAC reached #3? The circulation numbers of the PAC coin are incorrect on Coinmarketcap. Which incidentally listed $PAC coin today. PACcoin is the original coin from 2014 which was then hardforked into $PAC…

Is Ethereum Mining Profitable?

As the price of Ether (ETH) hovers around $900 (After touching a whopping $1400 just last month), you may be wondering if it’s worthwhile to begin Ethereum mining. Like Bitcoin, Ethereum is a proof-of-work (for now) coin that uses miners to confirm network transactions. Before we begin, let us remind you that Ethereum will eventually move to a Proof-of-stake framework and mining will go obsolete. But, there is still time for that, and we…