Riot Bitcoin is a new type of cryptocurrency that was created in 2014. It is based on the Bitcoin protocol but with a few modifications.
The most notable modification is that it uses a different proof-of-work algorithm called X11. This makes it more resistant to ASIC miners and gives everyone a fair chance to mine the coin.
Riot Bitcoin was created with the intention of being a more democratic and decentralized alternative to Bitcoin. The team behind Riot Bitcoin believes that cryptocurrencies should be accessible to everyone, not just those with expensive mining hardware.
The coin has a block reward of 50 coins and a total supply of 21 million coins. Currently, there are about 16 million coins in circulation.
Riot Bitcoin can be mined solo or in a pool. It can also be bought and sold on exchanges such as Bittrex and Cryptopia.
Riot Bitcoin is still a relatively new coin and it remains to be seen how successful it will be in the long term. However, it has already made a lot of progress in its short lifespan and it has a bright future ahead.