Coinlander VS 0xbitcoin-miner

Ethfam!! It's been a while since I self-shilled here. Buuuut on this nice Uptober day, I'm feeling cheeky. So check out Coinlander. We're live on Arbitrum right now.

If you like what you see here: https://coinlander.one, please reach out. I'm open.

Coinlander new site is up and we're launching in a week. Check us out and give us a follow: https://coinlander.one/

C- 0xBitcoin https://0xbitcoin.org

Have you heard of 0xBitcoin? It works exactly the way you described it.

0xbitcoin.org has a good explanation. "The Ethereum community's faithful implementation of 'Bitcoin' in a trustless, immutable Ethereum smart contract." It's a smart contract that issues Bitcoin-style PoW challenges and emits ERC20 rewards with all the same automatic difficulty adjustment and eras and so forth as Bitcoin.

Your first point is incorrect, a contract on Ethereum can, in theory, do almost anything. PoW mining is actually relatively simple, and there are already a few coins that do it. https://0xbitcoin.org/ is one. As for your second point, I see the point about electricity. Maybe I'd need to take that into account, or maybe I'll need to add additional incentives.

I initially wrote here that I wanted someone to figure out how to deploy a "better" EGOD token using the above concepts and 0xbitcoin's smart contract proof-of-concept, but realized that I was already this close and should just see it through. Long story short, I figured it out and the new EGOD token is now live (see here). I am currently the only miner and started only a few hours ago. Anyone else who wants to join me, you can use this github link for a 0xbitcoin CPU miner app. Just create a metamask wallet if you don't already have one, click the dropdown to switch from Ethereum Mainnet to Ropsten Test Network, click "Buy" and the "Test Ether" option to get free Ether (I got 5 myself), then plug in your test wallet details and the new contract address in the 0xbitcoin miner and start mining! There's a 21M supply cap (same as Bitcoin) and no need to bother with the GPU miner version, it's near instant to mine with CPU version.

https://0xbitcoin.org/#/

https://0xbitcoin.org/ is the best place to start.

It should be pretty easy to set up the https://github.com/0xbitcoin/0xbitcoin-miner to mine this. You will need build-essential and python3 and Node8. But then just follow the Readme. You will also need an Infura web3provider key OR youlll need to run your own Kovan node locally so you can talk to the Kovan network.