TopicStarter: pietacoin –
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Pieta is a cryptocurrency that aims to realize the dream of affordable blockchain mining by cutting the power consumption by 50%. It will be done with the use of the new X20 algorithm which reduces power consumption in mining by speeding up the block creation process. The pre-ICO sale of Pieta coin is live now. Buy now to get the best coin price along with huge bonus offers.
Pieta coin sale details:
- Start date: Jan 15, 2019
- Number of coins for sale in pre-ico: 100,000 coins
- End date: Feb 14, 2019
- Pieta coin Price (Pre-ICO): $2
- Acceptable currencies: BTC, Dogecoin
- Minimal transaction amount: 1 Pieta coin
Wondering why invest in Pieta coin?
Pieta is the first of its kind project that aims to solve the biggest issue of the blockchain mining industry, i.e. the cost. The mining process of cryptocurrencies requires two basic elements – computer hardware and power source. The computer hardware used in token mining process is very sophisticated and expensive. This, in addition to the constant power need, increases the cost of mining to an extent that only a few users or groups can afford to do it.
Pieta provides a definite solution to the cost problem of the crypto mining industry through a coin that uses X20 algorithm along with renewable solar energy.
So, what exactly is the X20 algo and how does it reduce the power consumption in blockchain mining?
X20 is a new algorithm designed specifically for Peta coin. The algo follows the concept of multiple hashing which, instead of one or two, uses 20 rounds of hashing, thus, effectively improving the transaction and verification speed and enabling the creation of more blocks in less time. The increased transaction speed along with the use of a more sustainable solar energy keep the power consumption as well as the overall mining cost low.
Pieta Network also aims to expand the production and use of solar energy as a preferred renewable power source worldwide.
Want to know more? Check out Pieta project and ICO details at website