Mining Florijncoin ticker FLRN
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 Dash currency.
How Mining Works
Like many blockchains, transactions on the FLRN X11 blockchain network are secured using a cryptographic method known as Proof of Work (PoW) mining. In this process, powerful computer processors search for solutions to a mathematically difficult problem defined by the X11 hashing algorithm. This algorithm, is developed by Evan Duffield and based on eleven of the most secure cryptographic techniques known at the time, was intended to reduce power consumption and ensure the fairest possible distribution of Dash during the early years of the network. Unlike Bitcoin, which relies on a single algorithm, X11 is also designed to provide protection against any future weaknesses discovered in one or more of the hash functions. Today, mining is a highly professionalized industry driven by powerful ASIC server farms around the globe working to secure the FLRN blockchain network. Our latest Florijncoin blockchain version is V01.16
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 is real market value and before the listing, on the government-regulated exchanges the value is Zero or €.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 is 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,
Information on FLRN X11 mining pools and how to use them can be found here.
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.
Florijncoin | FLRN will be a Digital Administration Organization ( DAO) registered in London – England.