The ASIC Eliminator.


How exactly does Vercoin work?

There is an official Vertcoin One-Click miner app that works by using your GPU's processing power to solve hashes which are required to mine a block. With the official One-Click miner you are mining in a pool which means the processing power of thousands or millions of people is aimed towards mining a block. Those rewards are then split across all of those people who then use it for whatever they can, and want to. The One-Click miner features an integrated wallet and only one click needed to start mining which allows anyone with a decent PC to make a quick buck and spend it online on all kinds of goods.

Should i mine vertcoin?

As of now the price of Vertcoin is very low and does not make it profitable for mining over ETH, RVN, and others.

However I do believe that it will skyrocket someday and that does not make it a bad idea to start mining some as of today and holding it for some period of time until the price rises.

But do not take my advice at any point in time because these are just predictions, and nothing is for certain as of now.

 

Conclusion:

Do a lot of research before you get into the Vertcoin mining scheme, and of course, stay safe.

 

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k1llswitch
k1llswitch

Cryptocurrency enthusiast | Writer | Trader | Blogger


Vertcoin | The ASIC Eliminator?
Vertcoin | The ASIC Eliminator?

Introduction to Vertcoin: Vertcoin is one of the cryptocurrencies that recently rose in the Cryptocurrency wall of fame. It is a cryptocurrency aimed at being GPU-only mineable and has a goal of burying ASIC's into the ground

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