Aerium Coin Review
When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This review of Aerium Coin consists of three chapters: origin, technology and pros & cons.
Information regarding the team and date of inception is missing. Also, the site www.aerium.co is currently undergoing maintenance.
Aerium is a new cryptocurrency. It brings together Proof of Work (PoW) and Proof of Stake (PoS). It is based on the Skunkhash algorithm. Skunkhash enables the currency to become decentralized; GPU can mine it only.
Only 315,000 Aerium coins are mined each week. After this amount of mining, PoS is charged up and the rewards are fairly distributed between the currency holders.
The miner earns the coins by mining data blocks. The transaction fee is rewarded based upon the number of blocks mined productively. The coins are added to the holder’s account once a particular amount of mining has been achieved. PoS requires the miner to earn and hold the coins in the wallet. The earnings could be following:
- Coins earned
- Share of the transactions contained in the block
- Combination of both
Aerium uses a multiple of other soft-wares together. These include:
The idea is to make it ASIC (application-specific integrated circuit) resistant. This will ensure a fair share of rewards for each miner.
- Skunkhash algorithm
- PoW and PoS in power
- ASIC resistant, possibly making it one of the best crypto coins to invest in
- Available on different exchanges
- Lack of information regarding the coin
- The official website is not open at the time of this review
If you have concluded that this is the coin for you, congratulations! Buy Aerium Coin here.