SIBCoin Crypto Price Prediction, Value and Chart (SIB)

SIBCoin (SIB) Frequently Asked Questions

What is SIBCoin?

SibCoin is the cryptocurrency designed for the Siberian Community. It provides fast, anonymous and cheap transactions. Sibcoin is an experimental new digital currency that enables anonymous, instant payments to anyone, anywhere in the world. Sibcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Sibcoin Core is the name of open source software that enables the use of this currency. Click here for Masternode stats. (Description provided by CryptoCompare)

How do I buy SIBCoin?

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 SIBCoin.

What do investment analysts think about SIBCoin?

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

Where can I get SIBCoin wallet?

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

One SIBCoin (SIB) is currently worth $0.12 on major cryptocurrency exchanges. You can also exchange one SIBCoin for 0.00000509 bitcoin(s) on major exchanges. The value (or market capitalization) of all available SIBCoin in U.S. dollars is $2.47 million.

What hashing algorithm does SIBCoin use?

SIBCoin is a proof of work (PoW) coin that uses the X11GOST algorithm.

How do I mine SIBCoin?

SIBCoin 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 SIBCoin and access to a mining pool that pools your effort with other miners and a wallet to store the SIBCoin 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 SIBCoin?

The official Reddit community (subreddit) for SIBCoin is r/sibcoin.