Get value from your PC: mine STELLITE (XTL)steemCreated with Sketch.

in #cryptocurrency6 years ago (edited)

Stellite (XTL) has a simple miner download + wallet so you can mine away on a normal PC via linking to a community pool. There is also solo mining options of course.

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There is something about Proof-of-Work consensus. The idea of harnessing any device and being able to participate and secure a fully decentralised network still captivates. A better well-known coin Electroneum (ETN) only simulates mining on mobile phones.

Stellite (XTL) uses the CryptoNight algorithm too as it’s originally a Monero and Electroneum soft fork, but will remain ASIC-resistant.

The plan for the coin is to try and pull-off successfully the mobile mining PoW dream as well as include privacy features, and utilise IPFS and ZeroNet for the node list — plus find a new mining protocol for mobile etc. mining. This ambition will have to be tracked. I like the MunnyPot’s more detailed descriptions on Medium.

It’s a project to keep an eye on, and if we see a working mobile miner release then things should get interesting. There are many hurdles ahead but it’s worth supporting.

See my full article on my site for quick setup and updates.

Comments on this coin idea welcome.

Steem on folks!

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Definitely, enjoy the process of mining and learning how to mine! Learned a lot about Cryptocurrencies by setting up my own miners. Not really doing it for the profit but there is definitely an incentive to experiment around with POW coins

Agreed. following you now, you've an interesting blog too!

Good job.Want to see more posts on future.Good luck @rdnblogs

This post has received a 4.13 % upvote from @boomerang.

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