Stohn Coin price 

SOH

Stohn Coin is a peer-to-peer digital currency that leverages a decentralized, community-driven blockchain. Operating with a Script-based mining algorithm, it embraces the traditional proof-of-work (PoW) model to secure its network, ensuring full decentralization without pre-mined coins or distribution. The SOH coin is mined with the aid of the LWMA3 mining difficulty algorithm, which is designed to adjust the mining difficulty to maintain consistent block times and network stability.

SOH is the native utility coin that is used for:

Rewards for mining new blocks and securing the blockchain. Transaction fees incurred when transferring SOH between users. Incentive for users to maintain the network's integrity and contribute to its decentralization.

Stohn Coin's infrastructure includes:

An open-source mining community, where miners can contribute to network security and block verification.

A blockchain explorer to track transactions and analyze the overall health of the network.

Mining pools that allow for collaboration among miners to increase their chances of earning mining rewards.

Command Line Interface (CLI) tools for miners to interact with the Stohn network and manage their mining operations.

How Many Stohn Coins Are There in Circulation?

Stohn Coin has been entirely mined by the community with a current circulating supply of 15,000,000+ SOH, and it is designed with a maximum supply cap of 40,000,000 SOH. Miners receive a reward of 100 SOH for each new block, which is generated approximately every 5 minutes. To promote a sustainable and enduring economy for the coin, the mining reward is programmed to halve every 200,000 blocks, effectively tapering the influx of new SOH over time.

Where Can I Mine Stohn Coin (SOH)?

SOH can be mined on various platforms that support the Script mining algorithm. Miners are encouraged to join the network and contribute to its security and decentralization. For those interested in mining Stohn Coin, research on compatible mining pools or solo mining setups would be necessary.

As the mining and trading landscape for cryptocurrencies is always evolving, prospective miners and traders should conduct their own research to find the most up-to-date information on where and how to mine Stohn Coin.