{"id":16421,"date":"2024-08-27T12:27:14","date_gmt":"2024-08-27T09:27:14","guid":{"rendered":"https:\/\/forklog.com\/en\/how-to-mine-bellscoin-the-original-meme-coin-alongside-litecoin-and-dogecoin\/"},"modified":"2024-08-27T12:27:14","modified_gmt":"2024-08-27T09:27:14","slug":"how-to-mine-bellscoin-the-original-meme-coin-alongside-litecoin-and-dogecoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/how-to-mine-bellscoin-the-original-meme-coin-alongside-litecoin-and-dogecoin\/","title":{"rendered":"How to mine Bellscoin, the \u2018original meme coin\u2019, alongside Litecoin and Dogecoin"},"content":{"rendered":"<p>On 27 August 2024 the mining pool <a class=\"tracking_link\" href=\"https:\/\/www.viabtc.com\/s\/HCxc\" target=\"_blank\" rel=\"noopener\">ViaBTC<\/a> added support for the meme coin Bellscoin (BEL). Users can mine it alongside Litecoin (LTC) and Dogecoin (DOGE) via merged mining. To mark the launch, the pool will not charge fees for mining BEL until 27 September.<\/p>\n<p>Here is how to mine Bellscoin\u2014and why some consider it the \u201coriginal\u201d meme coin.<\/p>\n<h2 class=\"wp-block-heading\">What is Bellscoin<\/h2>\n<p>The cryptocurrency <a class=\"tracking_link\" href=\"https:\/\/bellscoin.com\/\" target=\"_blank\" rel=\"noopener\">Bellscoin<\/a> was launched by Dogecoin co-founder Billy Markus. He <a class=\"tracking_link\" href=\"https:\/\/bitcointalk.org\/index.php?topic=349695.0&#038;ref=hackernoon.com\" target=\"_blank\" rel=\"noopener\">introduced<\/a> it on the Bitcointalk forum on 28 November 2013. The coin\u2019s concept was inspired by the popular video-game series Animal Crossing.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite><em>&#8220;In the Animal Crossing universe, the main currency is \u2018bells\u2019. To get them, you need to collect fruit, catch bugs and fish, dig up fossils, and exchange these items for bells. In the cryptocurrency world, we just mine them!&#8221; \u2015 said Billy Markus.<\/em><\/cite><\/p><\/blockquote>\n<p>Bellscoin was released eight days before Dogecoin, so the project is billed on its <a class=\"tracking_link\" href=\"https:\/\/bellscoin.com\/\" target=\"_blank\" rel=\"noopener\">website<\/a> as the \u201coriginal\u201d meme coin.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"314\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/image1-597-1024x314.png\" alt=\"image1-597\" class=\"wp-image-239716\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/image1-597-1024x314.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/image1-597-300x92.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/image1-597-768x235.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/image1-597-1536x470.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/image1-597.png 1884w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Description of Bellscoin (BEL) on the project\u2019s website. Data: <a class=\"tracking_link\" href=\"https:\/\/bellscoin.com\/\" target=\"_blank\" rel=\"noopener\">Bellscoin<\/a>.<\/figcaption><\/figure>\n<p>Despite its status as an early mover and a new \u201cjoke cryptocurrency\u201d concept, the coin failed to gain significant traction. Fame went to Dogecoin; Bellscoin was gradually forgotten.<\/p>\n<p>A decade later, amid a meme-token frenzy, a group of enthusiasts reviewed the project\u2019s <a class=\"tracking_link\" href=\"https:\/\/github.com\/bellscoin\/bellscoin\" target=\"_blank\" rel=\"noopener\">source code<\/a> and decided to revive Bellscoin.<\/p>\n<h2 class=\"wp-block-heading\">How to mine Bellscoin<\/h2>\n<p>Bellscoin runs on the Scrypt algorithm, also used by Litecoin. It can be mined with ASICs such as the ANTMINER L9\/L7 and the ElphaPex DG 1 plus.<\/p>\n<p>In July 2024 the team released BellsCore V3 with merged-mining support. The upgrade was activated a month later at block height #144,000.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">BellsCore V3 is here! <\/p>\n<p>After much hard work, the code is finally complete, and the pre-release build is ready. All critical features are functioning, though some minor updates may follow<\/p>\n<p>We are now actively communicating with exchanges and pools to migrate to V3. Once it&#8217;s\u2026 <a href=\"https:\/\/t.co\/bIc3hzxF6b\">pic.twitter.com\/bIc3hzxF6b<\/a><\/p>\n<p>\u2014 Bellscoin Blockchain ? (@BellsChain) <a href=\"https:\/\/twitter.com\/BellsChain\/status\/1814703025769902204?ref_src=twsrc%5Etfw\">July 20, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Merged mining is the simultaneous mining of two or more cryptocurrencies on the same hardware, first implemented in 2011 by the Namecoin project.<\/p>\n<p>Many altcoins have used it since, but Dogecoin (DOGE) has proved the most popular. The cryptocurrency switched to merged mining in July 2014 \u2014 seven months after launch.<\/p>\n<p>ViaBTC has supported merged mining for Litecoin, Dogecoin and Bellscoin since 27 August 2024.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite><em>&#8220;Thanks to the support of Litecoin founder Charlie Lee in 2014, miners were able to earn DOGE in addition to their LTC rewards. The addition of Bellscoin (BEL) will further increase their potential income,&#8221; representatives of ViaBTC commented.<\/em><\/cite><\/p><\/blockquote>\n<p>Litecoin miners can choose the <span data-descr=\"instant fixed payouts for each share, even if a block is not found\" class=\"old_tooltip\">Pay Per Share+<\/span> model or <span data-descr=\"payouts only when a block is mined; otherwise profit is zero\" class=\"old_tooltip\">Pay Per Last N Share (PPLNS)<\/span> to receive rewards in BEL and DOGE. DOGE is distributed only via the PPLNS model.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite><em>&#8220;Miners just need to sign up with ViaBTC and connect to the Litecoin pool to start earning rewards in BEL and DOGE,&#8221; representatives of ViaBTC said.<\/em><\/cite><\/p><\/blockquote>\n<p>ViaBTC supports automatic, fee-free withdrawals of BEL to the <a class=\"tracking_link\" href=\"https:\/\/www.coinex.com\/ru\/\" target=\"_blank\" rel=\"noopener\">CoinEx<\/a> exchange. Until 27 September the pool will not charge fees to new or existing Litecoin miners.  <\/p>\n<p>To take part in the promotion, choose LTC mining on <a class=\"tracking_link\" href=\"https:\/\/www.viabtc.com\/s\/HCxc\" target=\"_blank\" rel=\"noopener\">ViaBTC<\/a>. The system will calculate BEL rewards under the PPLNS model and credit them to the client\u2019s account.<\/p>\n<h2 class=\"wp-block-heading\">Takeaways<\/h2>\n<p>Bellscoin boasts more than a decade of history: a project forgotten back in 2013 is returning on a wave of meme-token popularity.<\/p>\n<p>According to <a class=\"tracking_link\" href=\"https:\/\/miningpoolstats.stream\/litecoin\" target=\"_blank\" rel=\"noopener\">Miningpoolstats<\/a>, many large pools now offer merged mining for Bellscoin, including F2Pool, Antpool and ViaBTC. Users of the latter can mine BEL fee-free and automatically withdraw coins to CoinEx to lock in income in USDT.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 27 August 2024 the mining pool ViaBTC added support for the meme coin Bellscoin (BEL). Users can mine it alongside Litecoin (LTC) and Dogecoin (DOGE) via merged mining. To mark the launch, the pool will not charge fees for mining BEL until 27 September. Here is how to mine Bellscoin\u2014and why some consider it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[1144],"tags":[1161,1511],"class_list":["post-16421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-longreads","tag-memes","tag-viabtc"],"aioseo_notices":[],"amp_enabled":true,"views":"107","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=16421"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/16420"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=16421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=16421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=16421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}