BSHA3, a new mineable coin

BSHA3 is a new POW coin launched on October 31, 2018. It has no ICO and very little pre-mining. It has been online for just over a week. The founder of the project, Jon Layton (ch4ot1c), is an American developer who is said to be one of the developers of Bitcoin Core, ZCL, and BTCP.

Jon Layton’s LinkedIn profile

The issuance and halving mechanism of BSHA3 is similar to that of Bitcoin. The total amount is 21 million, with one block every 10 minutes. Currently, 50 BSHA3 are awarded for each block. At the same time, the difficulty of Bsha3 is adjusted every 2016 blocks, which is very similar to BTC. The coin is pre-mined very little, and only the first 250 blocks (each block is the same as other ordinary blocks, 50 coins) are pre-mined to test the stability of the main network, which is also very worthy of recognition.

Some basic data of this currency:

Project: BSHA3, token abbreviation BSHA3

Algorithm: SHA3d

Type: POW

Total: 21 million

Pre-mining: 0.0595%

ANN: https://bitcointalk.org/index.php?topic=

5060872.0

white paper:

https://github.com/BSHA3/whitepaper

Roadmap: https://github.com/bsha3/ecosystem

Official website: https://bsha3.com

Code: https://github.com/bsha3/bsha3

Mining pool: It may be released in the next few days

wallet:

https://github.com/BSHA3/bsha3/releases/download/v0.0.1/bsha3-v0.0.1-win64.zip (If the wallet has an update, please go to github to download it)

Block Explorer: http://explorer.bsha3.com/

Twitter: https://twitter.com/bsha3official

Discord: https://discord.gg/tjzc3AZ

It is worth noting that BSHA3 uses the innovative algorithm SHA3d, which inherits the advantages of Bitcoin's SHA256d algorithm and has been iterated and optimized. BSHA3 is the first cryptocurrency to use this algorithm. The algorithm is the core of the cryptocurrency, so generally speaking, as long as a coin applies a new algorithm, the big Mao will take a closer look.

BSHA3 Mining Status

Last night, the total computing power of BSHA3 exceeded 1G, and today the total computing power is around 825M. Nearly 8,000 blocks have been mined. However, for many cryptocurrency users who have never been exposed to mining, there is still a chance to use home computers to solo mine, which is equivalent to experiencing the feeling of mining Bitcoin with a CPU.

BSHA3 can only be mined with CPU at present, and there is no mining pool or graphics card mining software, but the author's development progress is relatively fast, and the mining pool may be launched in the next few days. Looking back at the development path of Bitcoin mining, we can predict the future development of BSHA3 , which will most likely be a process of CPU-GPU-FPGA-ASIC mining machine. The earlier you participate, the easier it will be to mine. When the mining pool and graphics card mining software of BSHA3 are developed, the era of individual Solo mining will be gone forever, which is the fate of many POW coins.

2018.11.08 Block browser data at 12:00 Beijing time

How to mine BSHA3

Step 1:

Currently, BSHA3 can also be mined solo using a full-node wallet. Full-node wallet download address:

https://github.com/BSHA3/bsha3/releases/download/v0.0.1/bsha3-v0.0.1-win64.zip

Step 2:

Unzip the installation package and double-click the " bsha3-qt.exe " file to install the wallet. After the wallet is installed, it will automatically synchronize data, which may take several minutes.

Step 3:

After the wallet is synchronized, click the " Help " button of the wallet, enter the " Debug Window ", find the " Console ", enter " setgenerate true 6 " in the input box at the bottom (6 is the number of CPU cores, which can be modified according to actual needs) and press Enter to start mining.

The full node wallet cannot see the mining process. You can only check the "Performance" in the "Task Manager" of the computer and judge whether mining is normal based on the CPU utilization.

Note: Please make sure to back up your full-node wallet. Click "File" in the upper left corner of the full-node wallet, find "Backup Wallet", and save the backup file of the wallet in another USB drive or hard disk.

Interested friends can try to mine BSHA3, but the editor still reminds you: although the potential benefits of new hashrate may be high, there are also many cases of zero mining. The reason why this article introduces it in such detail is to take care of those friends who have never experienced mining. After all, "reliving" the feeling of mining "BTC" is also a very interesting experience.

Risk warning: The above is only for sharing new coins. The hash rate of new coins may not necessarily bring ideal returns. Please think independently and make your own judgment. New coins are risky, so be cautious when mining.