Estimated Expected Cryptocurrency Earnings The estimated expected cryptocurrency earnings are based on a statistical calculation using the values entered and do not account for difficulty and exchange rate fluctuations, stale/reject/orphan rates, and a pool's efficiency. If you are mining using a pool, the estimated expected cryptocurrency earnings can vary greatly depending on the pool's efficiency, stale/reject/orphan rate, and fees. If you are mining solo, the estimated expected cryptocurrency earnings can vary greatly depending on your luck and stale/reject/orphan rate. Time Frame VIA Coins BTC (VIA/BTC at 0.00033000) USD (BTC at $8,771.00) Power Cost (in USD) Pool Fees (in USD) Profit (in USD) Hourly 0.00005534 0.00000002 $0.00 $0.10 $0.00 ($0.10) Daily 0.00132807 0.00000044 $0.00 $2.40 $0.00 ($2.40) Weekly 0.00929647 0.00000307 $0.03 $16.80 $0.00 ($16.77) Monthly 0.03984203 0.00001315 $0.12 $72.00 $0.00 ($71.88) Annually 0.48474468 0.00015997 $1.40 $876.00 $0.00 ($874.60).

Viacoin (Symbol  ) was released on the 18th of July, 2014. There was a, selling 10,000,000 VIA for 610 Bitcoin over a period of 8 days in July, giving buyers a price of around 6100 satoshi. The coin was released by BtcDrak, or “Drak,” who started off as a prominent trader on the Bitcoin scene.

Using WhatToMine you can check, how profitable it is to mine selected altcoins in comparison to ethereum or bitcoin.

Dec 29, 2014 - Ever since merged mining was made possible by the Viacoin developers, CoinKing.io was the first multipool to jump on this opportunity. As a result, Viacoin can now be merged mined with any other Scrypt coin available. But VIA is not the only coin to be merged mined on CoinKing, as they also support. Author: Topic: [ANN] Viacoin (VIA) - Safe Segwit Lightning Network Auxpow Fast (Read 279878 times) This is a self-moderated topic. If you do not want to be.

Since October he had decided to launch his own coin, which is reflected on in his “” blog post that gives some insight into why he’s not using another coin for his project. He identified the need for a different coin to allow use of its blockchain for services exclusively, after focusing on the efforts of Mastercoin which used the Bitcoin blockchain to build on. Unfortunately, the Bitcoin core developers do not like the idea of adding more data to the blockchain, and they combated this by lowering the maximum storage space in a portion of the Bitcoin blocks, the portion other coins had used to build from. We discussed Viacoin and their related projects with Drak on Skype, and found him to have a pragmatic approach to his projects and announcements. Rather than promising the world and only delivering an atlas, he prefers to have things figured out technically before releasing them publicly.

This is a refreshing way of developing in this industry, where many tend to overestimate their goals publicly. He also believes in the open source nature of programming in general saying, “If an idea is good, then what will tend to happen is people who have never met each other will tend to invent the same stuff. BridgeCoin BCO Mining Contracts Worth It. ” With Bitcoin being open source, and seeing the myriad of other coins come up based on the same original code, this seems like the right idea going forward.

“A lot of people go through stages when they learn programming. One is sort of.’it’s my idea and I want to be the first. I want to present this software to the world and [have people] see how clever I am’.

As time goes on you see that maintainability of code creates a big issue, and there are already things that have been done well.” -Drak The primary goal for Viacoin is to develop in a way which supports the practice of storing additional information on the blockchain; is the protocol for this. Is currently running on top of the Viacoin blockchain, and offers a peer to peer exchange, asset creation, betting, gambling, and more. The keys to unlock your wallet (a 12 word passphrase) are stored in memory on your local machine, so you are the only one with access to your coins. This is counter to the typical exchange model where all of your assets need to be loaded onto the exchange before you’re able to transact with them. This means there’s no exchange to go insolvent, and you still have sole access to your private keys.

Additionally, since the wallet is web-based, you can log in from any browser as long as you have your 12-word passphrase. Clearwallet is the Viacoin version of Counterwallet for Bitcoin. We wrote a story about which also covered some of the Counterparty core features, and Drak released the following video on August 12th, 2014 with some basic usage information inside Clearwallet. Similar to Counterparty, a portion of Viacoin are being “burnt” to jump-start coin distribution for the tokens on the platform; called Counterparty Tokens.

In the case of Counterparty, the burnt coins were Bitcoins being sent to a special address called an exodus. An exodus address is a manually created address which is extremely unlikely (almost impossible) to ever have a private key determined for it. Coins sent to addresses such as this are typically considered destroyed or burnt. With Clearinghouse, however, the coins are being sent to a working address held by Drak, as there is no technical requirement to use an exodus. These coins will be used for further development. At the time of writing the total number of Via sent to the was over 830,000. This is roughly 300 BTC worth of Via, but the price has moved quite a bit throughout the process.

“If you have a drop of water in your hand and you try to hold it, it just evaporates; but if you add them to the ocean they never go away.” -Drak This conversion process began on August 11th, 2014. It will run for a total of 45 days, leaving the final conversion opportunity on approximately September 26th. This date is based on a block number, so it’s not an exact time.

The final block number is 251100, at which point all Clearinghouse Tokens will have been issued and no more will be created. The conversion ratio started at 100 XCH for 1 VIA and is slowly lowering down to 85 XCH per VIA by the end of the process. What really separates Clearwallet from Counterwallet, in its current stage, is the speed with which operations can be performed on the platform.

In the previous video this is quite clear, considering time-lapses aren’t required between each activity within the wallet. Since Counterparty works on top of Bitcoin blocks, it requires a Bitcoin block to solve to perform each action inside the platform; spending coins, placing orders on the exchange, etc. Bitcoin blocks can run a bit slowly for some of these operations, so with Viacoin’s 24 second block times these elements became more responsive. It behaves more similarly to a traditional exchange, and less like a turn-based strategy game. On July 31st, 2014 Viacoin announced the employment of Peter Todd, to dedicate up to 50% of his time toward Viacoin projects.

On the week of September 8 th, 2014, Peter and Drak met in person in the UK to discuss projects. Peter brings knowledge from working on the Bitcoin Core code, and specifically, to the Viacoin team.

A dedication of 50% of his time is quite significant when you review his activity. Viacoin Hires Peter Todd — viacoin (@viacoin) On August 28th, 2014, Drak posted the video below with some updates on what they’re working on, most of which has been covered already. Here's my presentation/update — ฿tcDrak (@btcdrak) Peter is currently working on implementation of a feature to allow “locking” a specified amount of coins (an input) to prevent their spending within a certain time period, or a block height.

Once completed, this feature will allow users to decide how long they’d like to lock their funds independently, without requiring a third party to arbitrate the situation. The blockchain becomes the arbiter, and the blockchain is not biased. This allows a couple of different scenarios, with “timed escrow” being the easiest for most people to relate to. Consider inheritance in a trust situation that requires no lawyers. This is referred to by Peter and Drak as “CHECKLOCKTIMEVERIFY,” named after the portion of the blockchain holding the information to make this work.

“There are quite often times, when you want to prevent money from being spentsuch as inheritance.” -Drak Viacoin is also accepted by a charity platform called as well as giftcard seller and payment processor. They’re working on integration with Expresscoin, with on their blog stating, “Viacoin and Expresscoin have teamed up to bring Viacoin to point of sale, payment gateways, ATMs and related services.” Expresscoin are adding support: will be coming to ATMs and Android. — viacoin (@viacoin) Viacoin has consistently developed their platform since release, and has delivered important milestones so far. We look forward to hearing more about them and working with Drak again in the future.

We anticipate great things to come from Drak and the rest of the team! Below you will find many of the resources included inside the article. Resources: Block Explorers.