Elicoin is a CPU mineable cryptocurrency.
It can be mined on GPU too, but CPU mining is more efficient.
Coin specifications:
Coin name: Elicoin (ELI)
Algorithm: YescryptR16 (CPU only)
Total number of coins: 10 000 000 ELI
Block time: 1 minute
Block reward halving: every 500 000 blocks
Maximum block size: 4 MB
Initial block reward: 10 ELI
Difficulty retarget: Every block (DarkGravityWave ver. 3)
Premine: none
GREAT EXPECTATION... I love this.
Agree...look at vertcoin or viacoin charts in 2015...how do you feel? of course bad if you didn't bought....look at elicoin chart now...how do you feel? personally i feel very good...time will tell...in the hope that the dev team don't leave...
Cryply is better cause Elicoin can be mined with GPU with great success. Its not true that elicoin is cpu-only coin. I mined ELI on CPU and Nvidia ... the nvidia hashrate was 4 times better than my cpu ...so ... its better to switch on mining cryply which is by now true cpu only coin (yespower algo).
Yes there is cryply or yenten too for example...I said this only for the possibility of % in price grow...if cryply is better for mining i don't care...
Yenten is not YesPower algo but YescryptR16 (like EliCoin).
Actually CPU only coin is Cryply.
The problem with Elicoin (like Yenten) is that there is only 1 personn project, and if he leave Elicoin is done for good (see what happen to Yenten).
Elicoin has a 4 people team ( but part-time like 99% of crypto projects)...I don't touch yenten cause the recent hack...and yes cryply also , for me, is a valid project....time will tell....cheers