Welcome to the bi-weekly Hirocoin newsletter where we keep you up to date on what is happening in the world of Hirocoin.
Unique Client Feature: Import keys from QR code scanner
Exciting news. Hirocoin has its first unique feature! This feature allows you to import your private key from a personal or promotional paper wallet with QR code. You can import the key using an image on your computer or even your webcam pointing at the paper wallet.
We think that this fact, among others, shows our commitment to making Hirocoin a first choice for GPU miners.
We look to implement the best features out there and make Hirocoin the most secure and userfriendly cryptocoin out there.
Please take a look at this guide on using the new QR Import feature.The exodus of GPU miners has begun
Hiro has been saying it for months now: the advent of Scrypt ASICs will change the cryptocurrency mining landscape significantly. It has started. We see an enormous rise of network hashrate of X11 coins.
In the last week our hash rate has grown from 1.5Gh/s to 7Gh/s, and other coins are reporting similar explosive gains. The mining community has spoken: X11 is the new Scrypt. Hirocoin is in an excellent spot right now to take advantage of this. All our infrastructure is in place, our team is growing and we have made strong allies in the marketing field.
New miners
There is a new edition of SGMiner that promises roughly 40% more hash rate than older versions of the software. We have compiled a version for Windows and have hosted and signed it on our website to give you peace of mind. To grab the software or anything else Hirocoin related that you may need then please visit the downloads page below.
Further good news if you happen to have an NVidia GPU. Please take a look at the latest release of CCMiner which now supports X11, this shows that X11 adoption is increasing at a healthy rate as soon X11 will become very important when Scrypt ASICs rule.
Winner of the Promotion Challenge
Our contest ran for twenty days, and we received some imaginative and cool entries. Nothing came close to beating Altcoin Agent's entry, an animated Hirocoin logo. He won the grand prize of 103k HIRO. He then uploaded the complete video to which the animated logo only served as an intro!
Hiropool performance: Outstanding
Hiropool, our multipool that's been hand coded by Omar Galal, has been performing wonderfully. For a few days in a row now, the pool has been 250% more profitable than mining HIRO directly. That's impressive by any standard.
We're also very pleased with the new front end of Hiropool.org. Go take a
look! Currently the development department is working on a very nice set of statistics, to make
Hiropool an even better experience.
Coindesk mentioned us!
When Coindesk thinks you're important enough to name in an article, you know you're doing something right.
We've been recognized as a top X11 coin.... X11 has slowly gained traction in terms of new coin implementation. Darkcoin, along with Hirocoin and québecoin, are perhaps the most notable examples of X11 coins. Additionally, the algorithm has been integrated by some elements of the multipool community, with several pools offering X11 as a mining option.
... and calling X11 "more advanced" (but we knew that already!)
Current Objectives
Development | |
Finalize new website | Mihail |
Kick off development of the escrow feature in wallet | Xander and Hiro |
Add a plethora of useful statistics to Hiropool | Omar & Xander |
-- | |
Marketing | |
Work with Altcoin Agent to create a video introducing the new wallet features | Joeri |
-- | |
PR | |
Keep the community updated on current objectives | Joeri |
Create FAQ | Joeri |
Gather collaborators for the current ideas in the thinktank | Joeri |
Redo the opening post in our BTCtalk ANN | Joeri & Mihail |
-- | |
Strategic Planning | |
Have a flowchart made for objectives, goals, etc | Joeri |
Merge mining
Our development team leader, n00bsys0p, has recently proposed to provide a merged mining interface. This will allow other coins to set themselves up to be merge-mined with Hirocoin. Doing so will strengthen the Hirocoin network while also helping new start up coins avoid the security issues of a low hash rate.
This post on Stack Exchange explains what merge mining is.The short version is this: a coin can attach its Proof of Work (PoW) algorithm to that of another coin, meaning that both coins can be mined at the same time, without decreasing profitability or causing blockchain issues in the target coin. The target coin would in this case be Hirocoin.
So basically it means that you'll get another coin for free while mining Hirocoin.Currently we're working on extracting all information required for any new coin to set up auxiliary PoW against Hirocoin, as flexibly as they would like to configure it.
Information will be provided as and when we are certain it is correct and complete.
Feel free to join the discussion in our
ANN thread on Bitcointalk.org or on
our own forum.
Thanks for reading this issue of Hironews. Make sure to follow us on social media!