Megacoin [MEC] or [MΣC] is a scrypt PoW alternate cryptocurrency launched in May 2013. It has very active development team. This coin is a real alternative to Litecoin and other scrypt altcoins.
Megacoin website: http://www.megacoin.in
Download the latest version of Megacoin Windows and OSX wallets from its official website to avoid any issues.
Megacoin technical specification:
- Algorithm: Scrypt
- Total number of MEC coins: 42 million
- Block target: 2.5 minutes
- Difficulty retarget: every block using KGW (Kimoto Gravity Well)
- Coin distribution: 1st 5 months, 21 million coins will be generated
Every 21,000 blocks (1 month) the reward steps down from 500, 250, 125, 75, 50.
- Continued Use: Through the next few decades the remaining 21 million will be generated
- Every 420,000 blocks (2 years), the reward starts at 25 and is halved each period
- 10.5 million come from first 2 Years of 420,000 blocks
- ports: RPC: 7950, P2P: 7951
Megacoin teaser video: https://www.youtube.com/watch?v=LSduEXv8Sso
Github source: https://github.com/megacoin/megacoin
Megacoin mining pools:
|MiningPool.Co||Multiple VARDIFF stratum servers. Proportional payments|
|Small Time Miner||Proportional Payouts, Full Block Rewards Including Tx Fees, 1% Pool Fee|
|CoinEx.Pw||PPLNS with 10min window|
|Minepool||Stratum pool. Proportional payout per block after 120 confirmations and 5% reward to block finder|
|SwitcherCoin||Multi Coin Mining|
|Crypto-Expert||Crypto-Expert MEC Pool|
|MEC@NUT2POOLS||Secure, Stratum, Anonymous Accounts|
|CoinPool.De||Multiple VARDIFF stratum servers. Proportional payments!|
|P2Pool.Org||No registration required, 2% fee.|
|Mining4All.EU||Europe/Netherlands Based, Stratum/Vardiff with Proportional Payments, 1%|
|BotPool.Net||Chinese Megacoin Pool!|
|La Minerie||Europe/France Pool|
|Crypto Vein||P2Pool, 1% fee. No usernames or passwords|
|SuprNova.cc||Stratum, Vardiff, Load Balancing|
Megacoin is very active on Twitter and Facebook, it has many national profiles in different languages. This coin is also accepted by many merchants.