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 |
| Multipool | Multipool |
| 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 |
| CryptoCulture.Net | Stratum, Vardiff |
Megacoin is very active on Twitter and Facebook, it has many national profiles in different languages. This coin is also accepted by many merchants.
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