You probably think it was made in China, right? No. It was not created in China. Chinacoin is a cryptocurrency that was derived from Litecoin. It utilizes scrypt as its proof-of-work scheme, which is password based. It is generated in 60 seconds block, with 88 coins per block. This makes Chinacoin a very attractive block reward for potential miners.
Another good thing about this digital currency is that potential miners have the option of either mining it single-handedly or joining a mining pool. Now let us briefly talk about the two options and the benefits it offers.
If your choice is to mine CNC, Chinacoin's currency abbreviation, solo, you will not have to worry too much about the profits. This is because CNC uses scrypt algorithm for mining new coins. That being said, you will never expensive and extremely capable mining hardware to mine them....