Pigeoncoin (PGN)
Pigeoncoin(PGN) is a brand new project that started in March 2017. It is a fork of Ravencoin that runs on the X16S algorithm. Ravencoin is run on a very similar algorithm, X16R. Both algorithms are ASIC resistant, meaning they're developed to not be compatible with ASIC miners, which is an attempt to be more decentralized, so big ASIC companies like Bitmain can't take it over. PGN is also meant to be used as a currency, while that's not RVN biggest priority. The two coins aren't aiming to compete, but are working in the same ecosystem.
And, VoskCoin was actually the channel that inspired PGN creator, Luke Pighetti, to get into mining!
The X16S Algorithm
With the X16S algorithm, users can expect to see less spikes in hash rates and power usage. The algorithm, also called shuffle, takes the last 16 digits of the previous block hash and uses it to reference an index of all algorithms. SmOS has these miners loaded on their platform.
Mining PGN
We here at VoskCoin are a big advocate for smOS, so that's what we used to mine PGN. If you're wondering how to get your x16s miner set up, we achieved the best hash rates with the 0% dev fee miner, suprminer. This is the best configuration we could find for it. Don't forget to make your own account on Suprnova and switch out your worker name.
-a x16s -o stratum+tcp://pign.suprnova.cc:4096 -u VoskCoin.voskcoinYT -p x
Specs
Founder: Luke Pighetti
Mineable: Yes
Algorithm: X16S (shuffle)/Proof-of-Concept
Current/Max Supply: 218 Million/21 Billion
Block Time/Reward: 1 minute/5000 PGN
Halving: 2.1 million Blocks
Premine: No
Wallets: Yes
First Impressions
Since Pigeoincoin is still a very new project, there is not much available to the public in terms of updates, website functionality, road maps, exchange listing, etc. It was also fairly hard to find Pigeoncoin's website. And while they do have a white paper up, it is fairly incomplete, so it would be nice to see more info from them on that.
That being said, Pigeoncoin can be mined on Suprnova. Being added to one of the most popular mining pools, especially this early on, is very promising for this project. It will help miners become familiar with the coin which can help spread the word and help the project advance down the road.
Pigeoncoin has Wallets available for Windows, Mac, and Linux. The wallets are very similar to the Ravencoin wallet, which is not a bad thing by any stretch. It is a simple, well-functioning wallet.
Luke Pighetti is also very involved in the community and enjoys the engagement. Most of his communication is done through Pigeoncoin's Discord channel. Head over to learn more about Pigeoncoin!
Follow us on social media for more content!
Website
YouTube
Facebook Page
Twitter
Instagram