Bitcoin has entirely ruled the cryptocurrency market for several years because all of those who tried to imitate and do what they accomplished did not get any stellar results. However, right now, a new rival has emerged and it is said that it may offer better features to the folks who want to mine coins and to those who are already mining. YOcoin is gaining a lot of popularity because of the things that they promised to the general cryptocurrency community, but the only issue today is if this type of currency may have a competitive advantage to succeed when so many others have failed. We will be checking out this new entrant and the benefits that it might offer to the people who want to search for a bitcoin alternative.
YoCoin is getting very popular lately because it's saying that you can very easily mine their coins compared with bitcoins. There are reports saying that you could begin mining at the convenience of your house as long as you have a decent graphics card. Well, a graphics card is extremely essential when mining these coins since it includes graphical processing units (GPUs) that are responsible in solving transaction blocks.
You do not have to buy a high-end graphics card to start mining because you can actually accomplish this with a good quality graphics card. The coins that you will get from mining will also be documented 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, clearly stated that they've been working really hard on this task for years so they are looking forward to see this currency to the next level. This could be very fascinating since they're laying out their future plans for this currency. Network marketing organizations get a lot of benefits 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 will depend solely on how they're going to implement it. It'll be hard for people to accept this currency right from the start, but once it is applied, it will provide plenty of advantages to the users.
You have to comprehend the new improvements that YoCoin wants to do in the foreseeable future like the issuance of physical YOC coins and mobile wallet for Android users. These coins can serve as a gift for your friends and family and you may also collect them if you want. These coins will be regarded as collectibles by a few people instead of currency, but it can be used either way. This will surely be fascinating because a lot of folks are waiting for these improvements. We can most likely expect more from this new type of Internet cash. This new cryptocurrency will absolutely competitor bitcoin or most likely exceed it.
This is made for a younger crowd and millennials so you could expect that this will be simpler to mine. You need to start researching about this new currency now if you'd like to start mining.
Get more info on YOcoin Cryptocurrency here