Bitcoin has ruled the cryptocurrency industry for countless years because those who tried to challenge it ended up making mistakes and they didn't get the results that they needed. However, a new competitor has arrived and it's offering better features for the folks who're presently mining coins and those who are planning to try it. YOcoin has been obtaining a lot of hype lately due to the benefits that they offer, but the only question right now is whether the competitive edge of this currency will be strong enough, which will be required if they want to beat bitcoin. We will pay attention to this new entrant and the likely features that it could provide to the individuals who want to look for a bitcoin alternative.
Essentially, YOcoin is getting lots of hype because it's said to be much simpler to mine compared with bitcoins. There are reports stating that you can start mining at the comfort of your house as long as you have a good quality graphics card. Basically, a graphics card is extremely important if you want to mine coins as it includes graphical processing units (GPUs) that are responsible in solving transaction blocks.
You won't have to use a high-end graphics card in order to start your mining because you accomplish this with a decent graphics card. The coins that you'll get from mining can also be recorded in a blockchain, which is the same with bitcoin. Hunting this new altcoin can also be easier because wallets are already available for Windows, Mac OS X and Linux.
The Chief Operating Officer of YoCoin, Dave Wilson, mentioned that they have been working hard on this task for a long time so they are looking forward to bring it to a higher level and beyond. This will undoubtedly be fascinating because they're laying out some future plans for this new currency. Network marketing companies get a lot of advantages from this cryptocurrency, but the team is trying to expand their reach and bring this to casinos and other merchants. The success of this plan would depend on how they are going to implement this. Well, it's going to be tough for people to accept this kind of currency, but when it is implemented, there will likely be plenty of advantages to the users.
You have to know the different improvements that YoCoin wishes to do like the mobile wallet for Android users and the issuance of physical YOC coins. These coins can definitely be viewed as a gift to your friends and family and you could collect them as well. These coins may possibly be viewed as collectibles rather than currency, but you could always use it both ways. This might be very intriguing because plenty of people are presently waiting for these innovations. You may expect a lot of things from this new form of Internet cash. This cryptocurrency will rival bitcoin or surpass it.
This is made for a younger crowd and millennials so you can expect that this can be much easier to mine. You have to start researching about this new currency now if you want to begin mining.
Read more about YOcoin here