AmsterdamCoin Price, News and Analysis (AMS)

AmsterdamCoin (AMS) Frequently Asked Questions

What is AmsterdamCoin?

Amsterdam Coin, AMS, aims to be the cryptocurrency for Amsterdam using a ToR client to obfuscate transactions. The coin is a quark based algo with a proof of work element lasting 840000 blocks with a block reward of 10 AMS per block. The block time is 60 seconds and the proof of stake has an 8% reward. Click here for Masternode stats from masternodes.online. (Description provided by CryptoCompare)

How do I buy AmsterdamCoin?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including AmsterdamCoin.

Where can I get AmsterdamCoin wallet?

AmsterdamCoin produces its own wallet software that is available for download on its website, which allows you to store AmsterdamCoin on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of AmsterdamCoin?

One AmsterdamCoin (AMS) is currently worth $0.00 on major cryptocurrency exchanges. You can also exchange one AmsterdamCoin for 0.00000001 bitcoin(s) on major exchanges. The value (or market capitalization) of all available AmsterdamCoin in U.S. dollars is $30,580.55.

What hashing algorithm does AmsterdamCoin use?

AmsterdamCoin is a proof of work (PoW) and proof of stake (PoS) coin that uses the Quark algorithm.

How do I mine AmsterdamCoin?

AmsterdamCoin can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards. In addition to having mining software, you will need a AmsterdamCoin and access to a mining pool that pools your effort with other miners and a wallet to store the AmsterdamCoin that you earn from mining. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

What is the Reddit page for AmsterdamCoin?

The official Reddit community (subreddit) for AmsterdamCoin is r/AmsterdamCoinOfficial.