Finite By Design Primecoin Proof

Manuf. F*D
Year 2013
Denom. 11 XPM
Type UF
Mintage 100*
Material .999 Silver
Diameter 39 mm
Thickness 3 mm
Weight 1 ozt
Country USA
*Two batches of 50 coins

Category:

Description

Both the front and the hologram feature the Primecoin
logo. Primecoin is an early crypto-currency designed
by Sunny King (a pseudonym for an anonymous
individual or group) who also had a hand in Peercoin.
Unlike Bitcoin miners which use vast amounts of
electricity in their quest to ‘win’ hashing contests and thus create new blocks, the goal of
Primecoin’s mining process is to discover long chains of prime numbers which are useful in
a number of mathematical calculations. As a tribute to this, the face value is 11 which is a
prime number.