Riecoin (RIC)

Riecoin

$0.0771607 USD (-0.62%)
BTC (-0.62%)
Market Cap
$3328823.0
USD
43141425.0 RIC
Volume (24h)
$19236.2
USD
249300.4858691 RIC
Circulating Supply
43141425.0
Riecoin
Max Supply
NA        
Riecoin

Riecoin Overview

Riecoin (RIC) has been so named as it has been a way to pay homage to Bernhard Riemann. He made an elaborate study of the distribution of prime numbers. Riecoin (RIC) is a Proof of Work altcoin. Riecoin (RIC) has the block time of 2.5 minutes. There is a difficulty in retargeting Riecoins in every 288 blocks. It takes about 12 hours’ time for 288 blocks. Hard cap for Riecoin (RIC) is 84 million.

Riecoin (RIC) is a decentralised crypto currency. The miners of Riecoin (RIC) process its transactions exactly the same way the Bitcoin miners process. The mining of Riecoin (RIC) produces a bi product, that is a value added scientific community, highly verified prime sextuplet or prime numbers. The miners can collectively generate 559 digits long prime sextuplet, making a world record. This is done on a decentralised, peer to peer currency with a fair launch. Riecoin (RIC) functions as an advanced decentralised digital currency. There is no central authority for Riecoin, exactly like Bitcoin. No one can change the ledger of Riecoin or double spin. To safe guard the fair launch of Riecoin, Riecoin did not offer any rewards up to first 24 hours of release of the crypto currency Riecoin (RIC). There is no pre-mining of Riecoin. Riecoin (RIC) also promises a stable and predictable supply of Riecoins. Riecoin (RIC) is a very well suited crypto currency for making payments for services or goods or to make any investment.

System of Riecoin

Though Mining of Riecoin works similar to mining of Bitcoin, generating Proof of Work, Riecoin process of mining generates a series of prime numbers as a bi-product of mining activity, which is, besides completing the function of operating the network. Mathematicians and community of scientists remain highly interested in these sets of prime numbers. Riecoin (RIC) has this unique property to show that effective harnessing of all massive power of computing is possible for some useful purpose, apart from doing hashing functions. Riecoin is a fairly launched crypto coin. The first 576 blocks had no rewards, so there is no instance of otherwise. This has enabled all users to have opportunity to compile their wallets, whatever the operating system may be.

Process of Riecoin

The user may use the built-in miner for mining Riecoin. The user may also use the classic set-generate-true. Presently, only a CPU miner for Riecoin exists, but in near future, it is expected that a miner making use of Graphic Processing Unit will also come into existence.

Potential of Riecoin

Riecoin is the only crypto coin that generates prime numbers in mining as a bi- product, which is of immense interest to scientists and mathematicians. This way, Riecoin has a bright future as a digital currency with scientific use.

Hashgains Mining Plan

TOPAZ
$ 175
0.5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
RUBY
$ 350
1 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
EMERALD
$ 1750
5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
SAPPHIRE
$ 3500
10 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
 
Customized
$ 175
0.5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
TOPAZ
$ 200
500 MH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
RUBY
$ 400
1 GH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
EMERALD
$ 2000
5 GH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
SAPPHIRE
$ 4000
10 GH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
 
Customized
$ 200
500 MH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
TOPAZ
$ 125
5 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
RUBY
$ 625
25 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
EMERALD
$ 1250
50 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
SAPPHIRE
$ 2500
100 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
 
Customized
$ 125
5 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
TOPAZ
$ 125
10 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
RUBY
$ 625
50 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
EMERALD
$ 1250
100 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
SAPPHIRE
$ 2500
200 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
 
Customized
$ 125
10 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
TOPAZ
$ 100
0.5 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
RUBY
$ 500
2.5 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
EMERALD
$ 1250
6.25 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
SAPPHIRE
$ 2500
12.50 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
 
Customized
$ 100
0.5 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
TOPAZ
$ 49
10 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
RUBY
$ 245
50 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
EMERALD
$ 490
100 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
SAPPHIRE
$ 980
200 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
 
Customized
$ 49
10 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
TOPAZ
$ 350
1 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
RUBY
$ 1750
5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
EMERALD
$ 3500
10 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
SAPPHIRE
$ 5250
15 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
 
Customized
$ 350
1 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
TOPAZ
$ 50
10 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
RUBY
$ 250
50 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
EMERALD
$ 500
100 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
SAPPHIRE
$ 1250
250 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
 
Customized
$ 50
10 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months