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It has been a while since we lasted talked about MjollnirCoin. Nearly two months in fact. I actually think MjollnirCoin is the last coin I mined before I stopped GPU mining altogether. Let’s see at what they have been up to in the mean time!
The one thing a lot of people like about MjollnirCoin, is that it uses its own HEFTY1 algorithm, making it ASIC-resistant (for now). With a limited supply of only 42 million coins, MjollnirCoin should be on more people’s radar.
A few days ago, I posted an article about MjollnirCoin, which wasn’t very favorable to both the cryptocurrency and its developer. As this coin has been re-launched in the meantime, and everything does seem to work properly now, I want to dedicate this article as an apology to the MjollnirCoin developer and community.
So MjollnirCoin re-launched yesterday, and to great success, I might add. Mining on Windows works flawless with the newly compiled cgminer fork, and so far, I have not had one single issue, except for a small (cron?) job on the 1GH pool that got stuck, but was sorted quickly.
A new type of cryptocurrency has been released today, called MjollnnirCoin. Unfortunately, there are multiple issues with this coin already since its release, so I wouldn’t bother wasting your time on it.
First of all, I’ll give you the specs of MjollnirCoin, so we can get those out of the way :
Algorithm: HEFTY1 (ASIC-resistant)
Ultra secure: SHA-256, Keccak-512, Grøestl-512 & BLAKE-512
Total supply: 42 million mjollnircoins (42,000,004)
Block time: 2 minutes
Block re-target up: Every 10 blocks (Max 100%)
Block re-target down: Every block (Max 500%)