Bitcoin has totally reigned over the cryptocurrency industry for several years because all those who tried to imitate and do what they accomplished did not get any outstanding results. However, today, a new rival has emerged and it is said that it might offer better features to the people who want to mine coins and to those who are already mining. YOcoin is gaining plenty of popularity due to the things that they promised to the general cryptocurrency community, but the only problem today is if this kind of currency may have a competitive edge to ensure success when so many others have failed. We will be looking at this new entrant and the benefits that it may offer to the folks who want to search for a bitcoin alternative.
The most significant advantage that YOcoin has is that it's simpler to mine and there are numerous reports stating that anybody can begin mining in your own home so long as you have a decent graphics card. You'll need a graphics card for mining as it contains graphical processing units (GPUs) that are used at the SHA hashing mathematics to help solve the transaction blocks.
If you're considering this new cryptocurrency, you will not have to use a high-end graphics card for mining. You can accomplish this without difficulty through a good quality graphics card.
As of nowadays, wallets are already accessible for Windows, Mac OS X and Linux so it will be much easier to hunt this new altcoin. All the coins that you will mine can also be recorded in a blockchain.
In accordance with the statement of Dave Wilson, Chief Operating Officer of YOcoin, they have been working for a long time to finish the venture and they're looking forward to bring the currency to another level. This is certainly fascinating because they've been planning for the future of this currency. Network marketing businesses have been getting plenty of advantages from this currency and the team is intending to bring this currency to casinos and other merchants.
It's a tough task, but this is not really impossible to achieve as this currency is accumulating lots of hype in recent times. If this currency will probably be recognized and applied by casinos and other vendors, the users will truly benefit from this.
It is essential to understand the various innovations that the team wants to adopt in the foreseeable future like the mobile wallet for Android users and the issuance of physical coins. These coins can be used as a gift to your friends and family and you could always collect them if you want. Although, they are anticipating that this coin will likely be regarded as collectible rather than currency, it may be used both ways.
Many people are expecting a lot from this new mode of Internet cash so it will likely be quite fascinating. They are all hoping that it's going to be the currency that will competitor Bitcoin.
This can be much easier to mine than bitcoin so it's expected that a younger crowd and millenials will likely be involved with this. If you want to try this out, you need to begin your research about this without any further delay.
Go here to find out more about YOcoin