BitConnect Coin is an open source, peer-to-peer, community driven decentralized cryptocurrency that allow people to store and invest their wealth in a non-government controlled currency, and even earn a substantial interest on investment. This means anyone holding BitConnect Coin in their wallet will receive interest on their balance in return for helping maintain security of the network. Read more
The BitConnect Coin network is secured against attacks. The POW/POS system provides the perfect way to secure the BitConnect Coin network and keep it decentralized.
Send and receive payments anywhere in the World quickly. Quick block execution time ensure unparalleled speed to conventional remittance and payment systems.
BitConnect Coin uses a special algorithm called the POW/POS to secure the BitConnect Coin network. In order to solo mine POW BitConnect Coin, you’ll need a BitConnect Coin wallet.You will need to wait for the blockchain to download if this is your first time using the wallet. Be patient it can take awhile.Download wallet
BitConnect Coin can be mined with CPU/GPU and does not need an ASIC miner like Bitcoin does. It is a more energy efficient crypto currency compared to others, thanks to the use of the POS (proof of stake) system.
To mine POW, download the CPU miner from:
If you want to mine on a Windows Operating System, then you'll need to create your miner batch file to point to the wallet. Simply open notepad and then copy and paste the following or Download this pre-configured RunMe.bat file and place it in your miners directory.
minerd --url=http://127.0.0.1:4210 --userpass=YOUR_USER_NAME:YOUR_PASSWORD
Now save the file as "RunMe.bat" in the same folder containing your miners application files.
You are now ready to mine first POW BitConnect Coin Block, double click on "RunMe.bat" to start mining.Read More
When mining solo as mention earlier, it takes a bit of luck to 'find' block, but when you do solve block, all of the coins related to that block are yours to keep. While this is enticing for the beginner, you are better off mining in a pool.
Once you are ready to mine BitConnect Coin then it is recommended to join a mining pool. A mining pool are a large group of users who ‘pool’ their recourses together to solve the mathematical solution (finding a block) and the rewards are distributed proportional to work sent to the pool.
To mine in a pool you first need to join following mining pool:
All you have to do to earn with this method is to hold coins in your BitConnect-QT wallet. Your earnings are based upon the number of coins, or “stake,” you hold in wallet software. The more you invest, the more you are likely to earn.
Ensure your wallet is encrypted with a good password. A secure password is needed to ensure your coins are safe. The wallet encryption option can be found under the settings tab in the BitConnect-Qt wallet program. Keep a copy stored somewhere safe or do not forget it, if you do your coins are lost forever.
You will need to unlock your wallet to start minting. Go to the help tab -> debug window -> console and type the following command:
Walletpassphraseyourpassword 9999999 true
You can set this to how long you like (in seconds), but it is best to do it for as long as possible.
You can check the minting status of the wallet by viewing the small padlock at the bottom right corner of the client window. After a few minutes, it will show as unlocked. Hover your courser over the padlock to check the minting status, as it will tell you the wallet is unlocked for minting only.
Bitcoin being the best known and trusted cryptocurrency on the market today have announced that they have joined one of the biggest and most successful networks globally with the launch of their iOS app.Read More
The price of BitConnect, better known to traders as BCC, has surged from around $0.5 to $9 within six months since its initial coin offering (ICO) in November of 2016.Read More