Mining Florijncoin ticker FLRN
Hashrate is a component of Proof of Work consensus. Proof of Work also assures a competitive system between multiple participants (miners) who, simply put, attach new transactions to the blockchain, therefore confirm the transactions. To attach a couple of transactions to the blockchain, a miner must first find a solution to a one-way function also called a hash function. Florijncoin | FLRN is meant to be a private and very secure payment cryptocurrency that can be transferred quickly and easily. Florijncoin | FLRN has a consensus system that is a hybrid of POW and POS so it still has miners and masternodes maintaining the network.
Fast and reliable transactions secured by advanced cryptography
Through a process called “mining,” people use specialized computers to solve extremely difficult math problems. If their solution is correct, they receive the right to add a new block to the blockchain. Once the network verifies that the problem was correctly solved, a new block is added to the blockchain and the miner is rewarded with FLRN. currency. Our X11 Florijncoin | FLRN mining pool is currently active on Mirco Soft Aszir: in Europe – West operational – the USA – West operational – Europe – North operational – the USA – East operational – Asia – operational. It’s a private X11 mining pool, only the pool master decides who can mine FLRN after doing a KYC Know you Customer check.
Coin Market Cap Value
NOTE: Only when a coin is listed on an exchange that is listed on the Coin Market Cap (CMC) then a coin will get its real market value and before the listing, on a government-regulated exchange the value is Zero €.0,-
Join the Florijncoin | FLRN X11 mining pool
To join our mining pool you first need to do a Know Your Customer (KYC) check, because we like to know for security reasons who are mining and who are the miners that help us at Florijncoin | FLRN to mine all transactions. For you help you get paid in FLRN the real value of FLRN you can only see and claim on the Third-party Coin Market Cap exchanges, Mining on our Florijncoin pool is at your own risk, at your own cost, with your own miner, mining costs money and you have to pay your electric bills, with connecting your own miner you can find blocks and get rewarded in Florijncoins ticker FLRN. But please note: You can only mine on our pool after the KYC and after that, the pool master decides that you can min on our mining pool because we are a centralized mining pool he can decide that you are not welcome on our Florijncoin mining pool. The minted Florijncoins, you can only spend with your wallet or sell at the third-party exchanges, Florijncoin will never pay any cash or other coins, for your coins or exchange them!
Information on FLRN X11 Block Explorer and X11 Mining Pool can be found here.
For information email to our development Vincent van Lien and John Brekelmans: https://www.florijncoin.com/support-development/
Bitcoin or any other cryptocurrency uses the classic mechanism of 🥕 and. Bitcoin participants are incentivized by maintaining the network. These participants, called “miners”, group transactions into a “block”, add this newer block to the previous “chain” of blocks, and expend large computational power in the process, i.e.:
1) For doing this job, miners are rewarded with #bitcoin which is a great incentive for them.
2) When miners ⛏ spend computing power on mining, they also use a huge amount of electricity.
3) The above causes attackers to self-brake, as damaging the network would cost them an enormous amount of computing power, electricity, and money.
4) Also, if the Bitcoin or other crypto communities like Florijncoin | FLRN were to notice the hack, it would drive the price of bitcoin down. The attack would thus be economically counterproductive.
This Mining Agreement governs your use of Florijncoin Pool.
By using any of the Pools or registering an account on the website, you agree to be bound by the terms and conditions below. If you do not agree with the terms and conditions in this Agreement you may not use the Pool. The Florijncoin Pool staff may modify this Agreement and any policies affecting the Site at any point in time. Such modification is effective immediately upon posting to the website and will be distributed via email, forum post, and a link in chat. Your continued use of the Pool following any modification to this Agreement shall be deemed an acceptance of all modifications. The Pool rewards miners according to a PROP system with a 10% fee. The fee may change at any time, but notice will be given before doing so. Any fee change will be communicated through the pool’s news page. The Pool is not an e-wallet or a bank for your coins. The Pool and its operators are not responsible for any loss of coins that are stored on the Pool. It is your responsibility to configure your account so that the coins you mine are regularly transferred to your own secured offline wallet. The uptime of the pool or website is not guaranteed, maintenance and downtime may be required at times. Users are responsible for configuring their miners so that they will automatically reconnect, switch to all the pools we offer or a backup pool in the case of downtime. Botnets are not welcome. Accounts with a large number of miners connecting from different IPs may be suspended without prior notice. If we are uncertain then an investigation will be opened and the user will be notified via their configured e-mail address. If we do not receive a response your account may be suspended. Multiple accounts controlled by one person may be considered as a botnet. And NOTE to join the Florijncoin mining pool you always need to do a KYC & AML check-up at the pool master. Note: Join the mining pool is only at your own risk, we will never buy or pay for your mined coins, only when Florijncoin is listed you can trade and sell them at the third-party exchanges, or you can pay someone with them.
Florijncoin | FLRN is a product of Definitum Solutions Ltd in the United Kingdom (UK). The independent mining pool is “Powerd by Manageable-IT” www.manageable-it.nl Mr. Vincent van Lien is the only one who accepts and connects people with their X11 miners to the X11 mining pool.