Woodcoin Crypto Price Prediction, Value and Chart (LOG)

Woodcoin (LOG) Frequently Asked Questions

What is Woodcoin?

Woodcoin distribution is designed to more closely model renewable resources than nonrenewable.  The money supply curve is designed for stability and longevity. WoodCoin, or LOG, has a hard cap to the coin supply thrpugh Proof of Work of just over 27 million. (Description provided by CryptoCompare)

How do I buy Woodcoin?

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 Woodcoin.

Where can I get Woodcoin wallet?

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

One Woodcoin (LOG) is currently worth $0.05 on major cryptocurrency exchanges. You can also exchange one Woodcoin for 0.00000145 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Woodcoin in U.S. dollars is $430.69 thousand.

What hashing algorithm does Woodcoin use?

Woodcoin is a proof of work (PoW) coin that uses the Skein algorithm.

How do I mine Woodcoin?

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

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