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SOCHI

Sochicoin

Algorithm:

What is Sochicoin?

SOCHICOIN started mining first block at 7.02.2014 20:14 UTC+04:00 (Moscow) – at this time oficial starting 2014 winter olympic games in Russia in Sochi. Medals 294. Participating countries 88. 22-nd olympic game.

Release date: February 10th, 2014

Specifications

  • Scrypt ALGO POW
  • NO Premine (first block start: 7.02.2014 20:14 UTC+04:00 (Moscow))
  • Reward 294 coins
  • Half reward every ~2year when starting next olimpic games
  • random bronze superblock probability 1/22 block (~32 minutes) x2 = 588 coins
  • random silver superblock probability 1/294 block (~7 hours) x4 = 1176 coins
  • random gold superblock probability 1/2014 block (~50 hours) x8 = 2352 coins
  • 88 seconds block target
  • Difficulty retargets each block (kimoto gravity wall)
  • Total coins will be ~400M coins
  • 5 confirmations for transaction, fast transaction time
  • 50 confirmations for minted blocks
  • minimal payout 0.01
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