"Reviving Casual GPU Mining: Introducing GalleonCoin (GALE)"

in galleoncoin •  11 months ago 

What is GalleonCoin?

#galleoncoin #gale #coin #altcoinmasternod #newmasternode #masternodecoin #profitable #masternode
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GalleonCoin (GALE) is an independent SHA-256csm Proof-of-Work (PoW) coin, with its own Mainnet and Masternode system, inspired by PIVX. It boasts a rapidly growing community, an active Discord, and promotes Plebeian Enlightenment through memes and freebies. GALE offers lightning-fast transactions and minimal fees due to improvements on the PIVX code and a strictly peer-to-peer blockchain. It vehemently opposes high gas fees and aims to offer cost-effective transactions globally.

Our Aim
GalleonCoin (GALE) aims to revive casual GPU mining on mid to low-end machines, provide innovative masternode solutions, and donate half of its premine to a charitable cause. This cause involves promoting the preservation of the Spanish language in the Philippines, with 500,000,000 GALE earmarked for organizations supporting this endeavor. Interested parties can contact the team via email with a description of their organization. Additionally, GALLE supports initiatives such as re-declaring Spanish as an Official Language of the Philippines, nationalizing the Central Bank, and adopting GALLE (or another cryptocurrency) as a legal currency. This offer extends to other Spanish-speaking regions interested in language restoration.

What Makes Our Coin Unique

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GalleonCoin utilizes the SHA-256csm algorithm, currently resistant to ASICs, with no preference for video memory, potentially giving older GPUs a slight edge. It invites mining farm owners with various GPU sizes to utilize their vintage hardware. The absence of a VRAM requirement makes it accessible to any GPU owner. This approach mirrors early Bitcoin mining, aiming to democratize mining. With over 7 years remaining in the PoW phase and impending block reward halving, GalleonCoin is positioned as a friendly option for casual GPU miners.

GalleonCoin Price
For real-time average price history of GalleonCoin (GALE), Coinpaprika, LiveCoinWatch, or BlockSpot are recommended as they aggregate prices from active exchanges with significant trading volume. LiveCoinWatch's widgets are functional despite not aggregating prices directly. Mentioning other aggregators is discouraged due to community preferences.

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GalleonCoin (GALE) is tradable on several exchanges with varying levels of KYC requirements. These exchanges include Coinsbit Exchange (KYC required), offering GALE/USDT and GALE/BTC pairs (coming soon); XeggeX Exchange (Partial KYC) with GALE/DOGE and GALE/USDT pairs; FineXbox Exchange (Non-KYC) offering GALE/BTC, GALE/LTC, and GALE/USDT pairs; and Exbitron Exchange (Non-KYC) with GALE/USDT and GALE/TRX pairs. Users should adhere to the terms of service of each exchange and trade responsibly.

How to Mine GalleonCoin

GalleonCoin (GALE) is tailored to cater to casual miners, offering modest GPU RAM requirements and making it accessible even to older laptops and APU's. It stands out as the most profitable GPU-based coin for low-end hardware. Surprisingly, some older graphics cards can outperform newer ones due to the efficiency of the SHA-256csm algorithm. The project's guiding philosophy contrasts with Ethereum's, aiming for a different approach. GALE also supports CPU mining, facilitated by the auto-exchange feature on zergpool.

Token Details

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GalleonCoin (GALE) has set 5,000,000 PoW blocks, with one block reward every 60 seconds, yielding 1000 GALE per block. 20% of the reward goes to masternode owners, providing an energy-efficient passive income stream. There are 7 years of PoW remaining. The block reward and halving schedule decreases over time, with a maximum minable supply of 2,843,750,000 GALE. When transitioning to Proof-of-Stake, the block reward will be 5 GALE per block, with an annual minting schedule of 2,628,000 GALE in regular years and 2,635,200 GALE in leap years, subject to community approval and donation disbursement.

Roadmap

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For more details visit the links below:
Website: https://www.galleoncoin.org/
Telegram: https://t.me/+4nAnc8nitD82NWY1
Twitter: https://twitter.com/galleon_coin
Whitepaper: http://explorer.galleoncoin.org/

Btt link: https://bitcointalk.org/index.php?action=profile;u=2247475
Author: abeexy

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