Alterdot (ADOT) is a promising blockchain platform and "secret coin" for mining
June 22, 2022 / No comments
June 22, 2022 / No comments
https://www.cryptoprofi.info/?p=12082
Alterdot is a domain name system IPFS content registration service using its own open source blockchain (blockchain DNS).
For its practical use, users can install a special browser extension:
ADOT is a cryptocurrency designed to pay for the services of the Alterdot platform, as well as a regular digital payment instrument.
Cryptocurrency ADOT is traded on exchanges:
- exbitron (paired with USDT and BTC);
- cratex (for BTC, LTC and DOGE);
at a price of 6-7 dollars per thousand coins (06/22/2022):
The coin has recently appeared on the exchange, the trading volume is too small, so it is too early to judge the real ADOT price and capitalization.
For everyday use of ADOT coins, you can use the client wallet, which can be downloaded from the project website or on Github:
The distribution of ADOT across wallets is quite fair (“whales” own 37% of all coins, while less than 8% of the total amount of ADOT is stored on the Development Fund and Dev Fund Hot wallets):
What are the features of the Alterdot (ADOT) cryptocurrency?
Alterdot is characterized by the following technical features:
- Alterdot is a fork of DASH. The blockchain runs on a hybrid PoS + PoW consensus algorithm with argon2d-16000 hashing (a variant of argon2d Dynamic cryptocurrency for CPU + GPU);
- until 01/30/2021, the Alterdot blockchain used the argon2d250 algorithm;
- target time between blocks - 128 seconds until block 1 million, then - 360 seconds (240 blocks / day);
- from block 1,034,000 mining difficulty is refined using the LWMA algorithm;
- the reward for the block found starting from 2022 is equal to 10 ADOT coins, of which: 4 for miners and masternode owners, 2 for the development fund. Annual inflation with this amount of remuneration is less than 5%;
- on the network, it is possible to use privacy technologies and accelerated (up to 2 seconds) transactions (Mixing and InstantSend);
- the minimum cost of a transaction in the Alterdot network is 0.0001 ADOT;
- running a masternode requires at least 10,000 ADOT coins.
Who created and promotes the Alterdot cryptocurrency?
The development of the Alterdot project is carried out by an anonymous group of developers ( Github ):
There was no ICO to promote the project, all funds are collected by allocating part of the coins generated during the generation of blocks to the development fund.
How to mine Alterdot (ADOT) cryptocurrency?
You can mine ADOT coins on the argon2d-16000 (argon2d-bcrs) algorithm:
- on AMD CPU/GPU using srbminer-multi 0.8.8+ (fee 0.85%);
- on the processor - in the cpuminer-opt-kudaraidee program (an open source program);
- on Nvidia graphics cards - a.multiminer (open source program).
You can choose a pool for mining Alterdot (ADOT) on miningpoolstats:
An example batch file for running Alterdot (ADOT) GPU mining on the zergpool pool with automatic conversion of mined coins to LTC and a 40% discount code for the pool fee:
Code:
SRBMiner-MULTI --algorithm argon2d_16000 --pool argon2d16000.mine.zergpool.com:4242 --wallet wallet --password c=LTC,worker,refcode=81de238596774683dd427a9d57bae6af --gpu-target-temperature 65 --gpu-off-temperature 73 --gpu-target-fan-speed 65 --api-enable --api-port 42000 --api-rig 35 --gpu-id 0!1! --gpu-boost 3 --gpu-auto-tune 2 --disable-cpu
Mining Alterdot (ADOT) on AMD Radeon R9 290/290X GPU:
Mining Alterdot (ADOT) on AMD Radeon RX464 and RX584, settings for etchash:
ADOT mining start script in a.multiminer program:
Code:
a.multiminer -a argon2d16000 -o stratum+tcp:// argon2d16000.mine.zergpool.com:4242 -u wallet -pc=LTC,worker,refcode=81de238596774683dd427a9d57bae6af --use-gpu=CUDA -t=1 --gpu -batchsize=480
Hashrate of some video cards when mining on the argon2d_16000 algorithm, H/s:
- AMD Radeon R9 290/290X - 1050-1150 (srbminer-multi 0.9.4);
- AMD Radeon RX464 - 1600-1650 (srbminer-multi 0.9.7);
- AMD Radeon RX584 - 2600-2750 (srbminer-multi 0.9.7);
- AMD Radeon RX6700XT - 9300-9400;
- AMD Radeon RX6800XT - 12700-12800;
- AMD Radeon RX6900XT - 13700-13800.
Batch file for running Alterdot (ADOT) mining on the CPU:
Code:
SRBMiner-MULTI --disable-gpu --algorithm argon2d_16000 --pool argon2d16000.mine.zergpool.com:4242 --wallet wallet --password c=LTC, worker ,refcode=81de238596774683dd427a9d57bae6af --cpu-threads 3 --cpu- threads-intensity 1 --msr-use-tweaks 0
Mining Alterdot (ADOT) on a CPU on an Intel Core i5-4670 3.40GHz processor (xubuntu 16.04, 3 threads, hashrate 330 H/s):
On four threads, the Intel I5-4670 processor produces 380-390 H / s. Other processors on four threads produce the following hashrate:
- Intel i7-8700K 3.70GHz - 580;
- Intel i7-7700 3.60GHz - 520;
- engineering Intel I7-6400T (QHQG) 2.20GHz - 350;
- engineering Intel I5-6400T (SR2L1) 2.20GHz - 330;
- Intel i5-4590 3.30GHz - 390;
- Intel i5-4570R CPU 2.70GHz -460;
- Intel i5-7400 3.00GHz - 370;
- Intel i5-3570K 3.40GHz - 330;
- Intel Celeron G1840 2.80GHz - 70 (1 stream);
- AMD Ryzen 3 3100 - 590.
You can calculate the approximate income from mining Alterdot coins (ADOT) using the calculator on miningpoolstats or on minerstat:
At the time of writing, the calculator was showing "cosmic income" due to the incorrect setting of the reward for the found block. More accurately, income can be calculated manually, guided by information from the zergpool pool (Current Estimate).
As of 06/22/2022, ADOT mining yields 0.0276 mBTC (0.55 USD) per 1 KH/s (dirty, excluding electricity price), which is not too bad, especially for CPU mining.
Conclusion
Alterdot (ADOT) is new to the world of cryptocurrencies. While she can not boast of a large number of users. Due to its insufficient use as a means of payment and a means of exchange trading, the coin is subject to strong volatility. This allows you to earn or lose funds in the speculative trading of ADOT coins.
The ADOT coin is of particular interest to the mining community in terms of novelty and low gluttony of the algorithm, as well as (still) low mining difficulty.
If the domain name system linked to the Alterdot blockchain gains popularity, the ADOT cryptocurrency will open up new horizons…
