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Cryptocurrency mining was first introduced through Bitcoin’s Proof-of-Work (PoW) algorithm, and has since been adopted by hundreds of other cryptocurrencies. Since its inception, miners have primarily supported platforms based on their profitability, following the coins whose miner returns offer the highest returns on investment. However, profitability’s dominance is gradually being replaced by other incentives, as projects look to garner more support by providing other resources to the propagators of their networks. One of the major shortcomings of most PoW coins and mining clients is the necessity of the miner to sell their block rewards in order to see a profit. Of course,Powered by WPeMatico
Video gaming is a US$100 billion industry and likely to be one of the first major industries to see significant integration of blockchain technologies. As such, there are dozens of coins and teams working every day as they strive to contribute to this adoption. Here are five of the most promising or significant projects focused on video games. 5. CryptoKitties The latest craze in the cryptocurrency community is Ethereum gaming, a smart contract-driven approach to providing social gaming directly on the Ethereum blockchain. CryptoKitties kicked off the trend, as it gained the attention of everyone following headlines about the DApp clogging the network duePowered by WPeMatico
As cryptocurrencies continue to grow, groups of coins are priming themselves for real integration into worldwide industries. Among these industries, video gaming is perhaps the most ripe for widespread utilization of crypto. While there are dozens of coins seeking to play a role in this inevitable adoption, there exist a handful that are differentiating themselves in order to become the pioneers of this integration. What is MobileGo? Among the game coin pioneers is MobileGo (MGO), an Ethereum/WAVES dual-blockchain token launched last summer. MobileGo is the sister currency of GameCredits (GAME), one of the first ICOs and the grandfather of gaming coins that launchedPowered by WPeMatico