Stablecoin

Stablecoin

Coin Information

Algorithm Scrypt
Proof Type PoW
Start Date 07/06/2013
Last BlockExplorer Update TS 2016-02-14 02:02:51
Difficulty Adjustment 90 blocks
Block Reward Reduction 50%
Block Number 919194
Block Time 170
Previous Total Coins Mined 24215156.725
Total Coins Mined 24215181.725
Block Reward 25

Source : Cryptocompare.com

About Stablecoin

Stablecoin (SBC) is a newcomer in the world of cryptocurrencies. A peer-to-peer, decentralized digital currency, Stablecoin aims to become the future method of transferring funds to and from different parts of the world through its growing network. This alternative currency, which is heavily based on the well-established Litecoin, is going all out to provide users with the smooth and reliable services.

In order to begin experiencing what Stablecoin (SBC) has to offer, you need to download its digital wallet. In fact, you can choose to have a Stablecoin Wallet installed on your Windows or Mac computer. Likewise, the Ubuntu platform will be able to host a Stablecoin Wallet as developers are working hard to make running the client on this system possible.

If you’re eager to load your digital wallet with coins without trading or mining, you can try going to a Stablecoin Faucet online and collect free coins. Keep in mind that faucets maintain certain cooldown period, so be patient in collecting your share of free Stablecoins.

Stablecoin Mining

Stablecoin (SBC) had tested out several encryption algorithms, but in the end, the developers deemed the cryptocoin to function best with scrypt. In this way, users can trust that the network is secure. As such, miners can be also confident that there won’t be any problems in Stablecoin mining.

A total of 250 million coins will be produced over time; this only means that miners are in for a real treat as they will have many more blocks to mine. With a 40-second block time, Stablecoin mining is definitely fast. Although the block reward is only 25 coins, which is relatively small compared to the rewards other altcoins offer, you can surely make the most out of mining with its quick block time.

The Stablecoin Difficulty is currently low at 3.7472 and adjusts every 90 blocks. As such, miners shouldn’t have much trouble solving the algorithms in every block. However, it’s worth noting that miners may experience an inconsistent collection of coin rewards as the level of difficulty fluctuation is more than the average.

If you want to maximize your time, though, you can simply take part in a Stablecoin Mining pool. You can choose from several pools online, which posts certain requirements like pool fees and number of confirmations. Don’t forget to use a Stablecoin Calculator to get an idea of your expected earnings when you join a mining pool. In this way, you can plan ahead your mining routine to achieve your set goals.

Stablecoin Exchange

Stablecoin (STB) is listed in the Bitcoin market on the Cryptsy exchange. This means that you can buy or sell STB using BTC. However, be advised that the Stablecoin Price/Value is considerably low compared with the other altcoins that also trade with Bitcoin. Moreover, the Stablecoin Exchange rate, unlike what its name suggests, is currently suffering from instability in the market.