Post
Topic
Board Altcoin Discussion
Re: TAUCOIN MOBILE MINING THE 2019 CRYPTO PROJECT OF THE YEAR
by
zityx23
on 04/05/2019, 22:36:00 UTC
I want to know more about this coin, when is mined with mobile phone is mined virtual like Electroneum was mined, or is mined with phone CPU and phone is turning hot when miner running?

When mining with PoW coins such as btc or etn, one needs a powerful computer so that computation of the puzzle would be necessarily easy. In Taucoin, you dont need a powerful rig that needs advancement and upgrade in time. You only need to have transactions, hence the consensus mechanism is Proof of Transaction. The more transaction you have on chain, the greater chance to mine the next block and "harvest" the tx fees on it. On latest update, 1tx is just 194 bytes ( correct me here if im wrong) so the whole 24hrs of the proposed mobile mining would only cost the miner around 4 - 5mb of power, mainly because, tau is using your transactional mining power to harvest the next block.

Everyone feel free to visit the website, read the whitepaper, check their github activities, check their reddit and twitter and medium articles/post and be gladly informed of this wonderful tech Taucoin is offering.