DUINO - A fun PoW project for plebs
I had a visitor today at the house and at some point the discussion moved to crypto and stuff. Among other things he informed me about a Proof of Work (pow) coin that maybe interest some of you.
This is more of a hobby/fun coin and not something that may end up making you rich. It's mostly something for plebs people who want to experiment and get their hands dirty without actually paying a shit ton for hardware or electricity.
The coin is called Duino and as the name suggests you can mine it on Arduino and other similar devices.
Duino was founded in 2019 and is a for-fun, fully original crypto coin project developed by a team of young developers that focuses on energy efficient mining. It's mostly, but not only, dedicated to people who are just starting out in the crypto world as it doesn't require any expensive equipment.
Mineable with Arduinos, ESPs, Raspberry Pis
Supply is infinite but supposedly there are some burning mechanisms as well 🔥 🥳
It's funny btw how the weaker your device is, the more coins you are expected to earn:
Interestingly,they have gone multi chain with bsc, matic and some other ones supported:
Duino-Coin is a centralized coin with it's own chain. It's possible however to wrap (convert) DUCOs to wDUCO, bscDUCO, celoDUCO or maticDUCO to store them in a decentralized form on another coins' chain. More info about wrapping can be found in the getting started guides. source
I think I have covered the basics you need to know. Feel free to visit the official website at Https://duinocoin.com/ if you want to learn more about the coin, read the white paper and check the mining guides if you want to play.
Don't forget, this is a hobby project don't expect to make much.. if any. After all, it's three years old and they are not even on coingecko yet, lmao 🤣
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Your link contains double "http" xD
I think it works now, thanks!
Almost, but not quite :p
It needs ":"
So "http://"
Works fine on me, try refreshing maybe 🤔
I was on Ecency mobile, not sure where the problem was then. Work fine via Peakd!
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This sounds really interesting and I kind of like it.
I had just quit PoW coin mining after receiving double the electricity bill than earnings. 😅🤣
I have a 10 year old Nokia Windows cellphone, but I doubt it would work on it.
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Not on coinmarket? after three years? Well it is actually for people who want to experiment and get their hands dirty 😎😎
Yeah, that's not how the whole decentralisation thing works ;)
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Yeah that's something I forgot to mention. They are pretty open about it on their whitepaper and they explain it's mainly due to technical limitations.
get musky boy to tweet about it and rake in the profits :)
Doubt it, no meme magic in this one 😭
The project sounds like fun. You can more or less use any computer to mined !
With the increased energy prices, I just don't know if it can even break even. I think PoW might be dying as profits drop.
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Arduinos and raspberries burn pretty much nothing 🤣
I would invest in them for being honest. xD
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Wao, this is a good one you have shared...
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I have a few Arduino boards and a Raspberry Pi, I might use them to mine. :)
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