FAQ
A: We all live on the same planet. I didn't like the idea of creating something that's taking hundreds of terawatts of power as a whole when I can create something eco-friendly.
A: Most Arduinos (Uno, Pro Mini, Nano) use the same Atmega 328p chip so they have the same performance (about 196 H/s - 10 DUCO/day).
Boards using the Atmega 16u2 (and similar) chips should also have the same hashrate so you should just choose a board that fits your likings.
The exception to this rule is Arduino DUE, Zero and MKR, because they're ARM based they have their own difficulty - support for them is still experimental.
A: It may sound weird at first, but if you've read the Whitepaper, you should know we use the original "Kolka system" which is a series of many security steps, reward multipliers and other factors which make the earnings only profitable for low-power devices. That's the whole point of this coin - energy efficient mining. You can learn more about it at the Kolka system documentation - not ready yet!.
A: It's a non-vectorizable cryptographic function that can be relatively easily implemented on almost every device, which is important for making the mining as accessible as possible.
With the way Duino-Coin uses this algorithm, there are no concerns of "breaking" the chain by someone as solving the DUCO-S1 job is always faster than brute-forcing the SHA1 - the Kolka system makes sure it's always the case.
A: GPU mining is possible (an official miner is in the works) but it's even less profitable than mining with a proverbial threadripper mentioned above. Why?
Firstly, DUCO-S1 (implementation of SHA1 Duino-Coin uses) is non-vectorizable by it's nature (unlike SHA256 used in Bitcoin), thus mining with GPU will use a significant portion of CPU and the speed won't be as good as you may expect. SHA1 message is also too short to be easily split onto the relatively big PCI bus to perform a lot of work on.
Second thing is the Kolka system which will give the miner an enormously high difficulty to solve (the share will take a long time to be found).
A: Duino-Coin uses hashchain which is a variant of blockchain, where blocks represent pure hashes.
Each jobs are connected to each other as current hash will be used for creating the new - future - one.
These hashes are also used as identifiers for transactions, which can store information similarly to a conventional blockchain.
The blocks and transactions are publicly available and can be seen at the explorer.
A: Duino-Coin is a fully original project.
A: Yes it is!!! Really, no one forces you to be here if you think that way. The project is going on for over two three years and has gathered quite a large community that enjoys it. Isn't that enough?
A: When I was starting out in the crypto world I was literally disgusted by how all the stuff was unclear, scattered across different webpages and full of errors and problems to just get things working. When I got the idea of creating DUCO, my goal was simple: make everything as easy as possible. Money should be for everyone, not just for a few nerds that happen to know how to solve that compilation error.
A: Yes and no. Since introduction of Kolka system V4 in early 2020, each miner earns a bit less than the previous one to prevent that. Why? It's the best compromise for having small and big miners on the network. Here's a small table for the earnings after being affected by Kolka (may be adjusted a bit in the future):
| Worker | worker earnings (AVR) | worker earnings (PC) |
|---|---|---|
| 1 | 100% | 100% |
| 2 | 96% | 80% |
| 3 | 92% | 64% |
| 4 | 88% | 51% |
| 5 | 84% | 40% |
| 6 | 81% | 33% |
| 7 | 75% | 26% |
| n | 96% of n-1 earnings | 80% of n-1 earnings |
A: Probably not, for sure not instantly. If you intend on making money - get some DUCO and hold it. If you don't want to wait - spend some time on mining. You can instantly convert DUCO to other coin (minding the various exchange rates) and do what you want with it.
A: Depends on what you're looking for. If you are searching for a project which is fun, want to be a part of the awesome community in which you will learn something and in the meantime earn some crypto - definitely yes.
If you're looking for a project where you can make a lot of money: definitely not now.
DUCO mining is profitable but only with low-powered devices. If you have a powerful device you can mine any other coin out there.
A: Tip.cc doesn't list centralized coins:
A: We would love to, but these coins have high fees which requires us to have lots of the coin. We don't have so much money to provide fees and list these coins. Thanks for understanding.
A: We can list it if you provide us liquidity. Such as, 1000 BANANO, 500 RAVEN, or some amounts like that. If you would like to donate, you can go to the donate section of the main page. Thanks!
More Q&As will be added soon. You can suggest things to add on our Discord server.