For the first in our series of Mining Pool reviews we’re looking at a newcomer to the scene. Major Miners offer (from what i can gather) – 5 alt coin mining pools:
http://hkc.majorminers.com/ HongKongCoin (SHA256)
http://pcn.majorminers.com/ ProCoin (Scrypt)
http://bea.majorminers.com/ Beatlecoin (Scrypt)
http://lyc.majorminers.com/ Lycancoin (Scrypt)
http://vmp.majorminers.com/ Vampirecoin (Scrypt)
The homepage at Majorminers.com is a simple wordpress blog and the first thing i noticed was an absence of links to the mining pools. You can find them by rummaging around but a simple menu or category list would certainly help.
The pools cater to some of the lesser known ‘fun and profitable’ altcoins. All the pools look fairly stable although could do with a few more miners, so point your equipment at some of the pools listed above and give them a try.
They have a 1-2% fee and offer 10% block finder rewards on some coins. Data centres are located in Europe, Asia and East + West Coast USA.
About the currencies:
Beatlecoin – (BEA)The main appeal seems to be the limited number available. Only 1 million coins will be issued. More info at the Beatlecoin website.
HongKongCoin – Following the success of Auroracoin (the cryptocurrency of Iceland) HongKongCoin (HKC) is a SHA256 algo coin designed for quick business transactions in Hong Kong. There is also a specially designed App on the website to facilitate trading use.
ProCoin – (PCN) – Is limited to 1 Billion coins and claims to be a business friendly coin. 2% of the coins are being given away in a pre-mine during March/April 2014. More details here.
And whether you choose to call them fun, ridiculous or bizarre we have Lycancoin & Vampirecoin. Lycancoin is a cryptocurrency for lycanthropy & werewolf enthusiasts. It was designed as part of a 3 coin set which includes Vampirecoin and Zombiecoin. The danger of the ‘wacky’ crypto’s is that they really need a reason to exist. We’ve seen with Flappycoin how quickly alt crypto’s can start to devalue and struggle.
For the remainder of 2014 I think we’ll see a thinning out of the multitude of cryptocurrencies with only the strongest business models surviving. There’s always a chance, however, that something will survive against the odds. Dogecoin is living proof of that!