IoT mining with uPlexa

IoT coin mining

IoT device mining and global decentralization

Imagine a network of 8.4 billion IoT devices, spread worldwide. Combine this decentralization with the most algorithm: Cryptonight, modified to improve further the IoT mining capabilities of all smart TVs, tablets, smart phones, laptops, computers, smart fridges, smart coffee makers, Android TV boxes and any future device we have not seen yet. All these devices sit idle for hours and we still own them and pay money for the electricity they use. And they.. sit idle. uPlexa will change that by implementing IoT device mining.

How uPlexa's network works

e-Commerce

Now imagine you open your own online shop where customers pay with uPlexa coins for services and goods. Or they can work or mine for UPX coins needed to purchase a certain service.
How about owning an online, decentralized shop? The uPlexa whitepaper has this explained in detail, for those who like the details. As a tip, I will only mention this: Your shop remains free until you start making a real profit out of it. Ever heard of anything like this? On top of that they have developed their own NZCM algorithm for extremely low transaction fees.

Paying for services anonymously

Due to the Cryptonight algorithm's anonymous nature, you can pay for services as web hosting, Internet provider services, e-mail hosting, phone bills, VPN, etc. And yes, all this can be anonymous thanks to uPlexa. This will ensure the companies will not be selling your identity. You will not be charged differently based on what country you live in (so called tourist fee), In case one of your service providers is hacked (as often happens lately) you will not have a reason to worry. All hackers will get is that someone payed something to someone else.

uPlexa team recently went live (a few days ago) and has already filled up their Discord server with a lot of participants. This is their quickest source of information on the project. For uPlexa whitepaper, coin distribution, mining specifics, visit the website.

Also the vlogger IMineBlocks reviewed it in his video, which is a very good sign:

CPU mining (is still alive!)

Proof of work mining requires computational power. There are ASIC miners, which are very tightly specialized in one algorithm, there are GPU miners which are very flexible and capable in many algos, there is even HDD mining. However, CPU mining is the most universal type of mining. Here are some of the most popular CPU minable methods:

1. JSEcoin - CPU only, web minable coin via browser.

A CPU only, web minable coin

You can mine it via JSEcoin's website. No special miner or knowledge required. I recommend instead of a new tab, opening a separate browser window for best results. It is very light miner and  you will not notice it while using your computer. Just press "start mining" and it will adjust automatically according to your use. You can also mine at your work computer ;) .  
If you own websites, you can integrate the miner in them. Your visitors will be asked if they wish to contribute to your website by mining JSEcoins for it. That way, without hanging ugly banners all over it, you can monetize your content.

2. uPlexa - the IoT coin

Mine with IoT

There are 8.4 billion IoT devices around the world. more than 50% of the time are not used for anything. Since they are spread all over the world already, mining vua IoT devices will create the most decentralized network ever. Combining IoT hashrate of billions of devices will create a massive computational power for transactions.It uses it's own modified version of the most secure protocol so far: Cryptonight. It is currently CPU only minable and with a low difficulty. To see the latest updates (daily!) I suggest that you join their chatty uPlexa's Discord. Alternatively, you can buy some on Stex, while the price is still affordable.

3. Coin Imp - Monero CPU mining via browser.

web mine Monero and Webchain

Just start your browser, login and push start mining Monero. Coins will be payed out to your Monero address once they reach 0.1 Monero. You can also CPU mine Webchain coin. For best results check your processor's L3 cache and divide that number by two. This will give you the number of cores you can use for optimal Monero mining. The CoinImp website also allows you to lower your CPU usage by as much as you like. This will allow you to use your computer as you wish while mining. You can also mine from your computer at work as it does not require any software download.

JSE coin - the web banner killer

As I was browsing the thousands and thousands of crypto coins, searching for promising ones, I stumbled upon JSE coin. What intrigued me was that it is not just a ticker name, asking for money or trust. Instead, it is fully functional web mining coin.

Java script runs on any browser

So far nothing that unusual, I said to myself. The guys just put more effort into integrating the mining inside a website so it can be accessible from any computer. I started reading further and learning more about it.

The miner can be integrated inside ANY website. The goal is for the users to be able to pay for the given website's content by using their CPU calculating power.  "Well, a great idea!" - I told myself.
But isn't it going to make the web browsing experience slow and sluggish? I was very skeptical in the beginning, but then decided to try it out. I went to JSEcoin's website, registered and started web-mining:

CPU usage while reading or typing on your PC

Once I started browsing and doing something on my computer, the miner automatically decreased hashrate to minimum, so I did not feel any problem. My computer was completely usable. Then once I started typing this post, the hashing was resumed, making sure the processor was fully utilized.

Then I started reading even more about it and found it's real purpose - JSE coin mining can replace web advertising and banners! Some websites'c content does not match most advertisements, others are refused to run adds due to some Adsense restrictions. So site owners can benefit from integrating the web miner instead:

JSE coin for site owners

 I visited several such websites and as a visitor I was asked if I would allow the JSE coin miner to run while I'm browsing the website. Which is really, really neat! This will also encourage the website owners to create better and more valuable content. So it's a win-win for all!

Then I went skeptcial again. How is it possible that this coin is still not that famous and popular?
I checked and it turned out that it is indeed a very young coin, created in August 2017. But at the same time it has already created value before asking people for investments. While other coins start with announcement, aim for hype, spam using thousands of websites and people with nothing but a promise and big words, JSEcoin team was working, building and creating value.

Future.
They now want to go big. So they need funds for listing to some of the big exchanges.
Since JSE coin has zero pre-mine, the only option to continue it's development was ICO.
It started a few days ago and will continue.

At the time of writing this, the price was somewhere around $ 0.006 per JSE coin. So there will be enough time for everyone to participate, invest, get to know the project, the JSE Team and change the web advertising using blockchain technology.

Is it worth investing?
From my own experience, if you join an already developed coin, which hit the exchanges long time ago, then there can be slight to no profit. If you want a big profit, you have to invest heavily. On the contrary, JSE is still:
a) a little known coin
b) has no premine
c) decentralized (in future, once many websites start using it)
d) can be mined by anyone anywhere
e) CPU only (prevents from GPU farms to take over and allows every guy on earth who owns a computer to mine).
f) can be paid in ETH at a pretty low price now, at the ICO phase.
g) unlike some coins, JSEcoin has real purpose
h) JSE company is based in in Cambridge, United Kingdom and is a UK registered company:

All of the above convinced me to invest in JSE coin and later add it to my websites. It may not kill web banners completely, but it sure is going to disturb the current web advertising and bring a positive change using blockchain technology.

 Many small websites are struggling because they have low visitor count, which means even lower PPC rate. With JSEcoin this problem will be solved. Every website visitor can contribute willingly to any website. At the same time he/she will not be flooded with web adds and will have much better experience, while receiving high-quality content.