п»ї Why Miners Are Mining Bitcoin Cash – and Losing Money Doing It - CoinDesk

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Showcasing a wealth of innovative features, Franco FRK is a high-value, mining cryptographic currency that enables its users to make instant transactions. Hobbitcoin HBC 0 Comments. TenFiveCoin 0 Comments. Pools [ MEC ]. Ultimatecoin ULT coin Comments.

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ViaBTC is a Chinese mining pool people want to keep an eye on. Richcoin RCH 0 Comments. I worked hard to create a brand for the coin. Tacocoin TCO 0 Comments. You can read anywhere on Google.

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Galleon GLN 0 Comments. These issues led to a coin that would allow a great deal of double spending. Novacoin [ NVC ] Algotithm: Sha1coin SHA 0 Comments. Sherlockcoin SHC 0 Comments.

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Ghostcoin GHC 0 Comments. Gil GIL 0 Comments. Globalboost BST 0 Comments. Globe GLB 0 Comments. Godcoin GOD 0 Comments. Gold Bars 0 Comments. Goldcoin GLD 0 Comments. Till date, it has not even been listed on Coinmarketcap. Gollumcoin GLM 0 Comments. Goxcoin GOX 0 Comments. Grain GRA 0 Comments. Grandcoin GDC 0 Comments. Granitecoin GRN 0 Comments.

Graphene GRP 0 Comments. This was promoted as being to support the Greek economy. Was the software even available in Greek? Did the developers live there? Or is this another case of somebody with no connection claiming to be a rescuer? Observed trading with ma Groincoin GXG 0 Comments.

Growthcoin GRW 0 Comments. Guncoin GUN 0 Comments. H2Ocoin H20 0 Comments. This would be more impressive if the trades involved more than a sawbuck, but it's still interesting. Heavycoin HVC 0 Comments. Download dead, blockchain dead, no nodes to connect to. Heisenberg HEX 0 Comments. Helixcoin HXC 0 Comments. Hellcoin HLC 0 Comments. Highfivecoin H5C 0 Comments. Hirocoin uses X11 and the best security available to secure our users and future.

Hobbitcoin HBC 0 Comments. A relaunch of HongKongCoin. Hotcoin HOT 0 Comments. Huatecoin HUC 0 Comments. Huitong HTC 0 Comments. Huskycoin HC 0 Comments. Icoin ICN 0 Comments.

After ICO developer had minimal contact with investors via social media, roll on a few months and he's not been heard from at all for well over a month across all social media channels. Promotion has ceased and the iDice beta website is a b Infinity pay IPY 0 Comments. After the release, they dumped the coin by selling it all. Infinium-8 INF8 0 Comments. Informationcoin ITC 0 Comments. Inkcoin INK 0 Comments. Instapay IPC 0 Comments. It published paid reviews in well known crypto news site such as this: Despite numerous technical advantages, it was never widely adopted.

Created by Homer Komatsu. It was an initiative by some guy on Facebook, at about Italycoin ITC 0 Comments. Jennycoin JNY 0 Comments. Jerkycoin JKY 0 Comments. Apparently there have been at least two JesusCoin creations. At least one was created via coingen.

Something about a camel passing through the eye of a nee Jewels JWL 0 Comments. Website not updated since April. Left messages on 2 emails and we form. A coin created for the fans of the band Insane Clown Posse.

Launched Jan 13 The client was malware; it contained a wallet stealer and remote desktop. Kakacoin KKC 0 Comments. Mark Karpeles is the former CEO of Gox, and widely hated by many people who, in aggregate, lost nearly a billion dollars worth of assets in both Bitcoins lost by his exchange and bitcoins devalued by the shaken markets caused by the losses Kencoin KCN 0 Comments.

Never listed the coin on any exchange and hence no calue at all. Knoxcoin KNX 0 Comments. It was shutdown by the brazilian police on September 21, Kudos KDS 0 Comments. Kushcoin KHC 0 Comments. Made by a dad as a birthday present for his daughter. No support, no development, no business model. Lebowskis LBW 0 Comments. It used to be listed on Cryptsy RIP , and then it was an exit scam. I own a lot of it Darn, I was hoping someone would use that name for something that didn't wind up on this list Lemoncoin LMC 0 Comments.

Lightvelocitycoin LVC 0 Comments. Limecoin LC 0 Comments. Livecoin LVC 0 Comments. Lolcoin LOL 0 Comments. Something named "Lovecoin" was created via Coingen. As with most coingen coins, there are people who claim this isn't the one that was made via coingen.

It might be, or it might not. Lucky7coin LK7 0 Comments. Contained a backdoor that lead to the theft of 13,BTC from Cryptsy. Created by maths a maniac who wanted to see the world burn. Lycancoin LYC 0 Comments. Machinecoin MAC 0 Comments. Don't confuse this with Magicoin. Maplecoin MPL 0 Comments. Used to be glorious, worth more than almighty BitCoin, but then winter came. Mass coin was just a plain scam runed by the Mycelium brand they collet the money and never deliver anything but a lame chrome extension supposedly built to monetize ads in a browser, like MT tokens of the cowdsale of Mycellium shares they Mediterraneancoin MED 0 Comments.

Megcoin MEG 0 Comments. Named for the plot device in the 'Dune' series by Frank Herbert. Released on the scificointalk forum 30 minutes before release on bitcointalk, which led to som Memecoin MEM 0 Comments.

Also was heavily premined by freetrade who has now moved on to other projects. Metiscoin MTS 0 Comments. No updates in many years on FB page, website has no content. Milancoin MLC 0 Comments. Millionairecoin MIL 0 Comments. Minerals MIN 0 Comments.

Abandoned by original dev, later abandoned by adopting team, no known active nodes. Mjollnircoin MNR 0 Comments. Moirai MOI 0 Comments. Its dead because the ICO was a scam, still have cool coins though. Molecule MOL 0 Comments. Moneyenom MYM 0 Comments. This was a crowdsale of shares by Mycelium Wallet, they ran away with the funds and never answer anything before just fade away with 3 Millions worth of Bitcoin.

Muniti MUN 0 Comments. Muniti is launched March 29 It went on exchanges within days, before its market cap had risen above the level of being a dead coin. The launcher is 'radi' who, for a refreshing change of pace, does NOT have his email address hidd Mutcoin MUT 0 Comments.

Naanayam NYM 0 Comments. Nakacoin NKC 0 Comments. Nanotoken NAN 0 Comments. Nbcoin NBC 0 Comments. Evidently a pure IPO scam. Nigger NGR 0 Comments. The coin was created with as a simple pump and dumb scheme. The idea was to create a offensive coin and spread it to news outlets. People outraged by the name of the coin would discuss it fur Was intended to be a fast and scalable codebase written in NodeJS.

Project started by Barwizi from Bitcointalk. Started off good but in the end disappeared with funds that were supposedly to be invested into projects creating income for NRS shareholders. Barwizi seems to be working for Crypterium now so Noodlyappendagecoin NDL 0 Comments.

Nucoin NUC 0 Comments. Nutcoin NUT 0 Comments. So what was this, a play to appeal to pro-gambling political cranks who wanted to compare Obama with Bin Laden? In America, you can use the name of a 'public figure' such as a politician, without permission -- but if you mention a certain Mouse, you'll get sued into oblivion.

So this is something people were allowed to do, but I don't think it helpe Ocoin OSC 0 Comments. Octonox OTX 0 Comments. Coin was a scam from the beginning and last less the a month after ico on livecoin. I remember this, it was an attempt to create a cryptocurrency for the vertical market of crude-oil shipping and dealing - but made absolutely zero penetration into that market.

Omnicoin OMC 0 Comments. Created by the HackForums. There was a 'onecoin' created via Coingen. But this coin apparently launched before coingen. One Coin OC 0 Comments. Ruja Ignatova created it. Multi billion dollar Ponzi scam. Pretneded to have a blockchain and cryptocurrency called 'OneCoin' which was all lies. No existing blockchain and no genuine cryptocurrency. Not on an exchange. Created as a ponzi s Onioncoin ONI 0 Comments.

Onlinegamingcoin OGC 0 Comments. Orbitcoin ORB 0 Comments. Launched Feb 21 The client was malware; it contained a remote desktop exploit. Ottomancoin OTC 0 Comments. Paccoin PAC 0 Comments. There have been at least three different Pandacoins. Pangucoin PGC 0 Comments. Patriotcoin USA 0 Comments. Paycoin PYC 0 Comments. Peacecoin PEC 0 Comments. Peoplecoin PPL 0 Comments. Phcoin PHC 0 Comments. Phicoin PHI 0 Comments. Not known to have traded on open markets on any other date.

The trading symbol is now used by something called 'Photon'. Pikacoin PIK 0 Comments. Piniumcoin PNC 0 Comments. Piratecoin PIR 0 Comments. They accepted payment in PXL for pixels of advertising on their webpage. They called it a "million dollar webpage", regardless of the fact that the same advertising exposure could be elsewhere purchased for pennies.

As of 28 April th Platinum Bars 0 Comments. Platinumcoin PT 0 Comments. Playtoken PLT 0 Comments. Pokercoin POK 0 Comments. Popcoin POP 0 Comments. Do not confuse this with popularcoin, a later cryptocurrency also called Popcoin and also traded under the symbol POP.

Poundcoin PUK 0 Comments. Powercoin POW 0 Comments. Preminecoin PMC 0 Comments. Procoin PCN 0 Comments. Prospercoin PRC 0 Comments. Protoshares PTS 0 Comments. Pxlcoin PXL 0 Comments. Do not confuse this with Pixelcoin, which had a very similar name and traded using the same symbol. Quatloo QTL 0 Comments.

Qubitcoin Q2C 0 Comments. Quebecoin QBC 0 Comments. Simultaneously observed trading with market cap at cryptocoinrank.

The only way that can happen is if the amounts being traded are so insignificant that the coin i Radioactivecoin RAD 0 Comments. Rapidcoin RPD 0 Comments. Aricoin [ ARI ]. Auroracoin [ AUR ]. Bitdeal [ BDL ]. Belacoin [ BELA ]. Blazecoin [ BLZ ]. Casinocoin [ CSC ]. DigiByte [ DGB ].

Einsteinium [ EMC2 ]. Emerald [ EMD ]. Goldcoin [ GLD ]. Kibicoin [ KIC ]. Linx [ LINX ]. Litebar [ LTB ]. Litecoin [ LTC ]. Lunacoin [ LUNA ].

Megacoin [ MEC ]. Mooncoin [ MOON ]. Gulden [ NLG ]. Novacoin [ NVC ]. Pakcoin [ PAK ]. Quatloo [ QTL ]. Solarflarecoin [ SFC ]. And why are miners mining at a loss? This is not an easy question to answer and my analysis here is speculative. But, here are some possibilities:. Miners may be committed to making the new cryptocurrency work, as they may have now accrued a large bitcoin cash position.

Armed with this vested interest, they may believe slow blocks will cause bitcoin cash to tank, so they may be mining to keep the network working smoothly.

The argument against this is that during the hour window after the non-emergency difficulty adjustment, many of the same miners left.

If consistent blocks were the major concern, there should have been more mining power on bitcoin during that interval. The miners mining now may be thinking that the bitcoin cash price will increase in the near future to make mining worthwhile. These miners may have insider information about a large buy order or may be just hoping for larger fluctuations of bitcoin cash price. Another theory is that there may be bitcoin cash supporters that are subsidizing mining in some way, behind the scenes.

This could be something like an over-the-counter market for bitcoin cash where buyers are paying a higher price than the exchanges to incentivize mining. If the buyers demand freshly minted bitcoin cash, this would effectively make it so miners were the only supply that could satisfy this particular demand. Similarly, bitcoin cash supporters could simply be paying pools to point hash power the blockchain network.

We don't really know why miners are mining bitcoin cash instead of bitcoin. But, we know that at the very least, they aren't making as much money as they could, and this means these miners are paying some opportunity cost in order to mine bitcoin cash. Gold panning image via Shutterstock. The leader in blockchain news, CoinDesk strives to offer an open platform for dialogue and discussion on all things blockchain by encouraging contributed articles.


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Franko is an amazing new virtual currency based on cryptography. Franko coins can be instantly sent anywhere in the world over the internet via a shared public ledger for little to no cost. One Franko is denominated as 1 FRK. New FRK are released into the economy every 30 seconds by the network as payment for. Watch-only wallet support - Consensus library - Standard script rules relaxed for P2SH addresses - franko-tx - Mining and relay policy enhancements - BIP Join the chat! @freenode #franko. Also if you set up a pool or anything franko related, let me know so I can add you to the OP. Franko Roadmap. Major Miners is proud to announce the addition of our Franko Mining Pool. We noticed that FRK is a unique coin with low difficulty that trades on Cryptsy. Posted March 23, The Franko Mining Pool has been expanded to include 4 global stratums. Mining Details. Choose your Stratum Location.

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