Vertcoin is a cryptocurrency designed to address the growing problem of mining centralization. A problem seen in other cryptocurrencies such as Bitcoin. There it all started with GPU (graphics processing units) mining, but as the difficulty rose the development of new chip started to see the light of day. ASIC or application specific integrated circuit completely changed the mining landscape forever with the ability to mine bitcoins exponentially faster than ever before.
Vertcoin saw this as a flaw in the protocol and decided to develop a new algorithm. They developed an adaptive-nfactor-scrypt algorithm which is very resistant to specialized mining equipment. Basically, the N-factor, which determines the amount of memory required to compute hashing functions, will gradually increase. With its continually increasing memory requirements, it will continue to be ASIC resistant.
At this very moment Vertcoin is best mined with GPU’s, however, as the N-factor memory requirements increase, it will become more efficient to mine with CPU’s in the future. In this way the Vertcoin network will continue to be more decentralized than many of it’s predecessors.
Vertcoin News & Articles (view all)
Latest Vertcoin Videos (view all)
In the short history of the Bitcoin industry, there has been an impressive amount of high profile hacks, ranging..
A video about Vertcoin, the digital currency similar to Bitcoin that levels the playing field by resisting ASIC development...
BIT.AC for Windows, Mac, Android
BIT.AC is a sophisticated multi-currency digital crypto wallet, formed by a group of Bitcoin enthusiasts with extensive IT security..
Vertcoin Cloud Mining Services
Vertcoin Mining Hardware
Manufacturer: GIGABYTE Model: R9 390 Core Clock: 1025 Mem Clock: 1500 OS: win 10 64 Mining software: 16.1 Hashing..
Manufacturer: Palit Model: 750Ti DualX Core Clock: 1397 Mem Clock: 1300 OS: Windows 7 Mining software: ForceWare 361.43 Hashing..
Manufacturer: Palit Model: Geforce GTX 750 Ti Core Clock: 1300 Mem Clock: 1552 OS: Windows 10 10586.71 Mining software:..
Manufacturer: XFX Model: 7990 Core Clock: 1000 Mem Clock: 1500 OS: win 7 64 Mining software: 16.1 Hashing Algorithm:Lyra2v2..
The ZOTAC GeForce GTX 750 Ti delivers powerful yet efficient performance at an incredible price. Based on the next-gen..
The GeForce GT 730 accelerates the overall performance of your PC. The GeForce GT 730 packs powerful NVIDIA CUDA..
Manufacturer: Palit Model: GTX750 Core Clock: 1510 Mem Clock: 1600 OS: Windows 7 64 Mining software: Forceware 353.30 Hashing..
Vertcoin Mining Software
Vertcoin Mining Pools
Vircurex, A more in-depth review will be added soon.. Review General Information Exchange Rates & Fees Videos Vault of..
CoinMkt is Located in Santa Monica, CA, and is positioned to be the one of the leading exchange for..
BitSquare is a decentralized bitcoin & cryptocurrency exchange that is based on a peer-to-peer infrastructure. The exchange allows for..
SWISSCEX, A more in-depth review will be added soon.. Review General Information Exchange Rates & Fees Videos SWISSCEX Review..
ShapeShift is a platform that allows for instant exchange of cryptocurrency to cryptocurrency. ShapeShift does not require you to..
Moolah, A more in-depth review will be added soon.. Review General Information Exchange Rates & Fees Videos Moolah Review..
Vault of Satoshi, A more in-depth review will be added soon.. Review General Information Exchange Rates & Fees Videos..
Bter, A more in-depth review will be added soon.. Review General Information Exchange Rates & Fees Videos Bter Review..
Services Accepting Vertcoin
Stores Accepting Vertcoin
Vertcoin Gambling & Betting Sites
777 Coin is a cryptocurrency casino acceptting a vide variety fo cryptocurrencies. The casino opened it's doors back in..