Nano Price, News and Analysis (NANO)

Jan 31, 2018: Nano Rebrand Announcement Nano is designed to be a low latency, high throughput cryptocurrency. It builds on an analogy from the electrical engineering discipline by equating network consensus to arbiter circuits. This gives Nano an established and well-researched modeling basis for how the system comes to a distributed, egalitarian, and efficient conclusion. In the Nano system, each account in the system has a blockchain that is controlled only by them, all chains are replicated to all peers in the network, removing block intervals, mining, transaction fees. (Description provided by CryptoCompare)

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 Nano.

Weiss Research, an investment research firm that rates cryptocurrencies, has given Nano an overall rating of "C-", a technology and adoption rating of "C-", and a market performance rating of "D+".

Nano produces its own wallet software that is available for download on its website, which allows you to store Nano 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.

One Nano (NANO) is currently worth $5.11 on major cryptocurrency exchanges. You can also exchange one Nano for 0.00014987 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Nano in U.S. dollars is $681.15 million.

Nano is a proof of work (PoW) coin that uses the Blake2b algorithm.

Nano 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 Nano and access to a mining pool that pools your effort with other miners and a wallet to store the Nano that you earn from mining. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

The official Reddit community (subreddit) for Nano is r/nanocurrency/.