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What Is Riot Bitcoin?

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.

NOTE: Riot Bitcoin is a cryptocurrency that has been gaining attention in recent years. It is important to understand that investing in Riot Bitcoin carries a high degree of risk, and it is not suitable for all investors. Before investing in Riot Bitcoin, it is important to understand the risks associated with the currency, such as market volatility, hacks, and scams. Additionally, it is essential to be aware of the legal risks associated with holding and trading Riot Bitcoin. Investors should research any potential investments thoroughly before committing their funds.

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.

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