X11 algorithm bitcoin

Do you own Antminer D3, Baikal Giant X10, Innosilicon A5 or the latest FusionSilicon X7 ASIC miner? Well, this post is for you. All these are X11 ASIC machines that are designed to mine Dash. Not only Dash, but they are capable of mining any Proof of Work cryptocurrencies that are based on X11 hashing algorithm.

If you own any of these ASIC miners and are looking for coins other than Dash then here it is. Here in this post we&#;ll be listing all the popular X11 coins for you to mine. But before we get into the list here is a quick summary of X11 for those who don&#;t know about this algorithm.

X11 Algorithm

X11 algorithm is a Proof of Work hash function designed by Evan Duffield. He is the core developer of Dash (previously Darkcoin) and is the first cryptocurrency to implement the X11 hashing algorithm. The main purpose for the creation of this algorithm is prevention of ASIC miners.

Why prevent ASIC? ASIC miners are always considered as a threat to the crypto mining ecosystem. They are the main cause of centralization of hashing power.

ASICs (Application Specific Integrated Circuit) are powerful, resource intensive, and their only purpose is to mine a specific algorithm efficiently. Since they are faster; regular users with GPUs and CPUs are put at competitive disadvantage with regards to receiving block rewards. Thus limiting mass participation from mining the cryptocurrency.

After the implementation of SHA (Bitcoin) ASIC and Scrypt ASICs (Litecoin); X11 was introduced in early to provide a more sustainable mining ecosystem for CPU & GPU miners.

X11 was designed to be ASIC resistant. It is much complex than Bitcoin&#;s SHA and it works by combining 11 different hashing algorithms (hence the number 11 in X11).

The 11 individual algorithms that make up X11 are:

Since X11 uses multiple rounds of 11 different hash functions; it is considered to be one of the safest and the most advanced hashing algorithm in the cryptocurrency space.

While it is still more secure and complicated than Bitcoin&#;s SHA; it failed its original purpose of being ASIC-resistant.

X11 ASIC

In early ASICs for X11 started appearing; slowly pushing GPU miners out of the game. Now currently there are many ASICs capable for mining this algorithm more efficiently. They comprise a major portion of the network hashrate. So this algo is no longer possible to mine using general purpose hardware like CPU or GPU.

Even though X11 is no longer providing ASIC resistance a lots of coins are still based on this algorithm. Majority of them were from that initially days of X11 when the algorithm actually provided ASIC resistance.

Alright! Now let&#;s take a look at all those coins that are powered by X11 PoW algorithm.

X11 Coins

If you are a GPU or CPU miner then the following coin list is not for you. It is only for those who own

• Antminer D3
• Baikal Giant X10 Dash coin miner
• Innosilicon A5 Dash master
• X11 Baikal Dash mini miner
• The Pinldea DR-3, DR
• Spondoolies SPx36
• FusionSilicon X7 and other X11 ASIC machines.

Currently, there are s of coins using X However most of them are inactive and many on the other hand have very less trading volume or has no real value. So listing all those coins are totally pointless.

Here we are only going to list the top X11 coins by market cap. Kindly do your own research to find out the best X11 coin that offers the best value.

To check the mining profitability of these coins we suggest you to use WhatToMine and other mining calculators.

1. Dash (DASH) &#; X11 coin

2. PACcoin (PAC)

3. Polis (POLIS)

4. MonetaryUnit (MUE)

Note: Proof of Work phase over. No longer mineable.

5. Happycoin (HPC)

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6. CannabisCoin (CANN)

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7. Pura (PURA)

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8. Monoeci (XMCC)

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Note: PoW phase over (No longer mineable).

9. Capricoin (CPC)

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Transfercoin (TX)

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Memetic / PepeCoin (MEME)

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Adzcoin (ADZ)

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I/O Coin (IOC)

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SecretCoin (SCRT)

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Monkey Project (MONK)

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Paxex (PAXEX)

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KZ Cash (KZC)

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Conceal (CCX) &#; tallerembajador.com.mx?topic=

Here are few other X11 coins.

We highly recommend to not mine any of the coins listed below. All these coins have no volume, no dev or no community involvement. They are almost dead.

• Azart (AZART) &#; Was using X11 but currently using X Not mineable using X11 ASICs.
• Digital Price (DP) &#; Non mineable cryptocurrency
• Syndicate (SYNX) &#; Proof of Work ended. No longer mineable.
• Onix (ONX)
• Startcoin (START)
• Cream &#; CRM &#; Was previously using X11 but currently powered by Skein.
• HyperStake (HYP) &#; PoW phase phased out.
• InsaneCoin (INSN)
• Regalcoin (REC)
• BlueCoin (BLU)
• Renos (RNS)
• Centurion (CNT)
• SmartCoin (SMC)
• SpreadCoin (SPR)
• InsaneCoin (INSN)
• Eternity (ENT)
• Prime-XI (PXI)
• Ratecoin (XRA)
• Kurrent (KURT)
• Synergy (SNRG)
• InflationCoin (IFLT)
• Arion (ARION)
• Bolivarcoin (BOLI)
• Digitalcoin (DGC) &#; Multi algorithm
• Eryllium (ERY)
• Elements (ELM)
• SuperCoin (SUPER)
• Phantomx (PNX)
• Pure (PUREX)
• CrevaCoin (CREVA)
• Evil Coin (EVIL)
• Castle (CSTL)
• Ammo Reloaded (AMMO)
• Impact (IMX)
• SteepCoin (STEEP)
• BowsCoin (BSC)
• Quebecoin (QBC)
• Virtacoin (VTA)
• GoldBlocks (GB)
• Truckcoin (TRK)
• Condensate (RAIN)

Now this list is not over. We&#;ll keep updating this post whenever we find a new coin on X Also if you come across one then don&#;t forget to mention it in the comments below.

More about X tallerembajador.com.mx

X11 is just one of the many Proof of Work algorithms. Here are few other popular algorithms that you may like.

Visit our coin listing page to find out more algorithms.