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junkcoin

JKC

Junkcoin

Algorithm:

What is Junkcoin?

The new feature of this coin is that it added random coin size per block (see below), so even late in the game, you may still hit a block of 1000 coins! Like real gold mining, you may hit different block grade:-)

The first 100 blocks are special blocks of 10000 coins each. They are premined for bounty purpose. The 1 million coins premined will be reserved as bounties for pools, exchanges, wikis, support groups, giveaways, faucets, etc, etc. If there are sufficient interests, we can form a committee to manage the fund, in which case I will hand over the 1 million reserved bounty (minus those spent – see below) to the committee.

Release date: May 4th, 2013

Specifications

  • Total coins will be around 107 millions
  • 1 minutes block target
  • Difficulty re-targets once per day
  • Coinbase: 50 coins per block. It will also be halved about every two years (every 1036800 blocks).
  • Mining will be shut down after 12 years.
  • In regular mining (after first 4 bonus days), there will be 1% chance a block will yield triple of the
  • normal coins (e.g. in the first 2 years there's 1% chance you get 150 coins per block).
  • There is also 1/10,000 (0.01%) chance that a block will yield 1000 coins. This is valid for all 12 years
  • of the mining.
  • The default ports are 9771 (connect) and 9772 (json rpc).

CoinChoose info

Current Blocks161742
Difficulty8.672
Reward50 JKC
Network hashrate4056018 H/s
Adjusted ratio173.758730734 % BTC
Avgerage Profit196.23716810828472 % BTC
Avgerage Hash4056018.0000 H/s
ExchangePrice
Cryptsy 0.00000748 BTC

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