Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
thelonecrouton
on 16/05/2014, 22:56:54 UTC
HAHAHAHAHAHAH !!!! This just came out on Coindesk!!

http://www.coindesk.com/advanced-algorithms-maxcoin-dogecar/

The part is called ... The Rise of X11!!


Quote
In recent months, innovations have come out of the altcoin community that have pushed new mining approaches and algorithms into the fore. From Scrypt-N to Groestl, more advanced systems for veryifing transactions within the coin network are reshaping the altcoin landscape.

According to a document created by pool operator SuchPool.pw, X11 “provides a very efficient way to mine coins”. The algorithm does not pose the same power needs as other proof-of-work digital currencies, results in lower heat ranges and and greater hardware longevity as a result.

X11 has slowly gained traction in terms of new coin implementation. Hirocoin and québecoin are perhaps the most notable examples of X11 coins. Additionally, the algorithm has been integrated by some elements of the multipool community, with several pools offering X11 as a mining option.

For altcoin miners, X11 presents an interesting alternative that could become more prominent within the ecosystem. Those hoping to increase the lifetime of their mining rigs may want to consider this new algorithm as a viable option.
WTF?

Is this not the second coindesk article today where the author was clueless / deeply confused?