Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Amoveo blockchain [ Prediction Markets | Turing complete channels ]
by
uknowmn
on 03/09/2019, 12:19:22 UTC
Hi Dev, is it possible to mine this coin on asicminer and what is the reward for the found block?

At this time (September 3rd) the Block Reward is equal to 0.16 VEO. Amoveo uses a single round SHA256 for PoW, unlike Bitcoin that uses double. Thus, Bitcoin ASICs cannot be used to mine VEO. However, the community of Amoveo is not against ASICs and will not pursue ASIC resistance.