Unobtanium - The Random Coin of the Day
So many coins are launching every month, but which coins are actually noteworthy? Which ones are pump and dump scams? Which ones should I invest in? These are just some of the questions people ask themselves when they look at the altcoin market for the first time. I’ve decided to start writing a “Random Coin of the Day” saga of articles to further examine some of the more useful, but less exposed coins on the market. While there might not be a random coin of the day every day, I will be interviewing developers from different interesting coins on the market in order to allow them to....
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There is a chance that you may have never heard of Unobtanium, and other500-something cryptocurrencies that seems to have been jammed in between each other. But to tell you about a cryptocurrency that has been in existence since 2013 and is being trending sideways with minimal price fluctuations, Unobtanium might be something every cryptocurrency trader should know about. Let's try judging the mysterious altcoins by its "trading" cover. It opened to trading bazaar on December 21st 2013 with a market cap around $5.37 million, while valued near 0.0082 BTC. After a few initial hiccoughs (one....
With the investigation into Cryptsy still underway right now, it seems odd one of the exchange’s altcoin wallet addresses has a declining balance. To be more precise, someone noted how the Cryptsy Unobtanium wallet has been sending funds to Bittrex, where a major dump of the digital currency took place. So far, the Bittrex team remains tightlipped regarding the incident. Cryptsy Funds On The Move. By the look of things, someone has been moving Unobtanium funds from a Cryptsy wallet over to the Bittrex exchange. Based on various Twitter reports – which are always subject to interpretation –....
There is one thing that we never manage to get it right. Any guesses? Yes, it is the grocery list! No matter how careful you are, you usually forget to buy one thing or another (I wonder why people always forget to buy milk). Imagine how easy life will be if you could automate your shopping with a bot. However, that's what got these guys into trouble. As a part of an exhibition, Mediengruppe Bitnik - An art group created a shopping bot called Random Darknet Shopper. True to its name, Random Darknet Shopper randomly bought stuff off the deep web by paying in Bitcoins. The bot was programmed....
MemoryCoin was selected as today's Random Coin of the Day for their unique ability to make it infeasible to mine their coin on ASIC devices. To a lesser extent, GPUs are also infeasible to mine on as the amount of memory required to calculate just one hash is 1GB. From the MemoryCoin.org website: The Proof of Work is a modified Momentum-based algorithm. It has a small SHA512 component, and a large AES component - chips with AES-NI instruction sets will fare *much* better. Each hash requires 1GB of Memory to perform and encrypts 50GB of data. By contrast, the verification only requires 128K....
The Random Darknet Shopper is back! Random Darknet Shopper was an infamous shopping bot that scoured the deep web and purchased merchandise at random. Developed by an art group known as Mediengruppe Bitnik, the bot made its appearance in the deep web last year before running into trouble with law enforcement authorities in Switzerland. All purchases made by Random Darknet Shopper are made part of Mediengruppe Bitnik's exhibition. The articles that were on display last year at the exhibition held in Kunst Halle St. Gallen were composed of a diverse variety of merchandise including ecstasy....