Abbreviated XPM and denoted by the symbol Ψ, Primecoin is a cryptocurrency similar to Bitcoin. It was introduced on July 7, 2013 and the proof of work is based on computing specific sequences of prime numbers.
Tuesday, July 9, 2013
Cryptocurrencies Could Crunch Meaningful Code Instead Of Burning Electricity
No one really knows what to do with Bitcoins yet, and even as investors begin to address the market, different government bodies are trying to seize or regulate the world's geekiest currency. But one thing that's easily overlooked is the actual process of mining a Bitcoin...it's purposefully a compute-intensive task that usually works best when you're running the mining code on a high-end PC merrily burning the energy surging through the electricity supply.
» Read the full article at Fastco Labs
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