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The one and only thing Xtrabytes investors are now waiting for is information on the many cryptocurrency technology patents that the team supposedly has worked on getting approved. This should be known to BD Ratings' readers as it was continuously mentioned in the prior Xtrabytes articles. It turns out that the migpro blog specifically mentioned a patent pending marketing plan:.
Remember, this is in , just before Xtrabytes or Bitmox got started. It is obviously not a coincident that CCRevolution Dave shortly before Xtrabytes launched discovered that a patent pending claim could be used to defraud investors, while also uploading a YouTube video explaining how small cryptocurrencies could be bought up cheap and then pumped.
In January , Xtrabytes circulating supply valuation reached a high of almost USD M, almost entirely based on the patent hype. It is safe to say that as CCRevolution's background now is known, it is unlikely that anything at all will come from the Xtrabytes patents. They were most likely part of a deliberate marketing fraud to pump the XBY price.
The above is enough evidence to realize CCRevolution is most likely lying or misleading XBY investors with respect to the pending patent claims. There are however some more facts that could be useful in the future, so BD Ratings is documenting those as well. Dave's blog also referred to the now defunct MLM webpage health-wealth-freedom. In it, he states:.
As BD Ratings posted this article on Twitter and Reddit, some people came forward with findings on borzalom also known as Zoltan Szabo , and pointed at a Reddit thread outside the reach of Xtrabytes moderators. The first one is now deleted. The second one was deleted as well but was saved as an image file.
It appeared that the picture of Zoltan was stolen from a Hungarian programmer named Aron Novak.
That company's webpage is now defunct, but archived. It is unclear to BD Ratings what the goal with all this was, but it ought to anyway be included in the article if any reader wants to continue pulling this thread. What is clear however, is that borzalom is not the genius some claim to be. Here is an awful flow chart created by him in February The findings of CCRevolution's MLM activities reached the public around this time as well, and so could possibly also have been the reason. Further weirdness awaits as we shift focus to a project named Identity. The project, initiated in the beginning of on bitcointalk.
In June , the webpage suddenly referred to Xtrabytes instead. This is approximately the same time as xtrabytes.
BD Ratings can't see the point of the getglobalid pivot. It is obvious that there is some kind of connection between Identity and Xtrabytes. First off, because of the domain sharing. It is a weird connection indeed, and should worry XBY holders as the Identity project seems to have ended up being vaporware and so a lost investment as well. The thread was seemingly quite well received, but upon further inspection it became evident that it was brigaded by sockpuppets.
They are all created over a spectrum of at least ten years, but have only recently activated from their dormant state. They comprise a major portion of the network hashrate.
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. It is only for those who own. 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.
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. Now this list is not over.
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. Your email address will not be published. Notify me of follow-up comments by email. Show More.