Unobtanium ICO (UNO Token): Rare Cryptocurrency To Mine Tokens For?
As more cryptocurrencies reach this highly saturated market, it is only normal that most of them will ultimately fail and end up in obscurity. The truth is that there are only so much altcoins that offer significant value in the real world and are worth tracking. However, for one rare altcoin, UNO, the obscurity and scarcity are actually built into the coin. Find out more details about Unobtanium in the following review.
Unobtanium cryptocurrency or UNO is a unique coin that uses the PoW framework to achieve scarcity, low inflation and a fair distribution system. With a 250,000 aggregate supply limit, the Uno coin is quite rare. Currently, close to 200,000 coins have been mined. Since the company’s vision is to keep the coin distribution fair and minimize swelling, the same principles apply to its mining strategy.
Uno is not only rare in terms of the total number of coins that will be issued out but also in its fair launch. The coin was not reserved or pre-mined when it was launched in October, 2013. The company ensured that the launch would be unquestionably fair by offering low rewards for mining the initial 1,000 blocks. Hence, Unobtanium gave miners enough time and space to upgrade and configure their mining equipment, thus ensuring a fair launch and stable coin distribution system.
The team members who created Unobtanium, which currently trades at around $87, are as secretive as the altcoin itself. The founder has opted to stay anonymous, going by the username “BLAZR2.” The community manager and web developer also have code names, Fallingknife and Learminer respectively. The lead developer is Bryce Weiner and he is actively involved in various other high-class crypto projects like the Tao Network.
The notable aspect about this team is that the developers and founders behind Uno didn’t take any altcoins during the launch. Also, for the first mining blocks, the system offered a very low mining reward to support all miners where were still setting up their rigs.
Unobtanium was recently consolidated with Bitcoin with regards to mining, which means that it is possible to use the same mining hardware for these two coins. There are several mining pools available for this merge-mining, including Zpool.ca, Cryptominer, Multipool.us and Prohashing.com. If you are already mining a SHA-256 altcoin like Bitcoin, then you can easily combine it with Uno and earn greater profits.
UNO has a wide range of versatile wallets that span across all platforms, including Windows, Mac, Linux, Android and iOS. There is even a paper wallet for Unobtanium that is available at WalletGenerator.net.
A long time after its launch, Uno still remains as a collectible altcoin that has retained its value. While Unobtanium is still vulnerable to the short term, drastic price swings, its long term price stability shows an unmatched history of significant value retention and growth.
- Token name: Unobtanium (UNO)
- Age: Five years old (Launched in 2013)
- Current exchange price: 1 UNO = $87
- All time high: $264
- Maximum coin supply: 250,000 coins
- Mineable or stakeable: Yes
- Reserved or pre-mined: No
- Hashing algorithm: SHA-256
- Availability: 192 countries
- Market capitalization: $16,316,440
- Current block: 1348318
- Block reward: 0.01 Uno
- Difficulty: 313 billion
- Total mined coins: 199,510.9
- Hash rate: 7,615.10 PH/s