Total Coins: 2435
Total Market Cap: $ 1,844,320,701,550
24H Trade Volume: $ 8,540,997,703
Night Mode
Rank 254
NEM (XEM)
XEM
Just now
$ 0.3911 (5.02%)
Mkt. Cap.
$ 3.52 B
Vol. 24H
XEM 738.04 K ($ 284.34 K)
Open 24h
$ 0.3724
Low/High 24h
$ 0.3715 - $ 0.3961
Last trade
XEM 5.000 ( $ 1.958) / HitBTC
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Charts price for NEM (XEM)

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Description of NEM (XEM)

Release Date: June 25, 2014. The idea to create NEM was initially started on the BitcoinTalk forum, by a user known as UtopianFuture. The initial plan was to fork NXT. However, an entirely new codebase was decided to be made. The developers behind NEM are pseudonymous. The NEM Blockchain is responsible for powering what is known as the Smart Asset System. Which is a Blockchain system and solution that is fully open sourced and allows for Blockchain powered applications to be built without downloading any special software due to the API calls provided by NEM. NEM addresses act as containers within the software which hold assets. So, an address can represent a crypto wallet or a notary document that needs signatures. Using these addresses, developers can create Mosaics, which are transferrable assets that can represent a variety of things. The algorithm that is employed on the NEM Blockchain is known as Proof-of-Importance. Each node on the NEM Blockchain carries an importance score that determines how often it can mine. How mining or harvesting works on the NEM Blockchain: XEM is vested, overtime vested coins increase your importance score, the frequency and quantity of your transaction score also improves it. The importance score impacts the amount of XEM that you can mine/harvest. Additionally, NEM has built in spam filters that bar nonsense transactions from clogging the chain. P2P time synchronization, which grants the network the ability to maintain accurate time data without the need to rely on outside servers. Encrypted messaging and multisignature addresses are also part of NEM. Individuals are also able to generate private versions of the NEM Blockchain for internal purposes.

Social and Community for NEM (XEM)

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NEM (XEM)
0.3911 USD (5.02%)
Rank

254
MARKET CAP

$ 3.52 B
VOLUME (24H)

$ 284.34 K

Historical data for NEM (XEM)

Currency in USD
Open/Close in

From: To:

Date Open High Low Close Volume
2017-06-02 0.180 0.227 0.180 0.216 10,207.030
2017-06-03 0.216 0.248 0.201 0.211 41,508.150
2017-06-04 0.211 0.232 0.200 0.214 35,140.170
2017-06-05 0.214 0.279 0.210 0.231 36,409.420
2017-06-06 0.231 0.242 0.199 0.228 21,403.550
2017-06-07 0.228 0.240 0.200 0.216 12,557.290
2017-06-08 0.216 0.223 0.187 0.219 18,371.900
2017-06-09 0.219 0.228 0.212 0.216 31,539.990
2017-06-10 0.216 0.225 0.186 0.192 22,978.170
2017-06-11 0.192 0.224 0.189 0.217 19,970.130
2017-06-12 0.217 0.250 0.156 0.191 16,672.030
2017-06-13 0.191 0.210 0.179 0.203 15,350.700
2017-06-14 0.203 0.225 0.178 0.194 59,285.720
2017-06-15 0.194 0.203 0.155 0.187 58,899.770
2017-06-16 0.187 0.204 0.174 0.186 92,350.800
2017-06-17 0.186 0.203 0.176 0.201 62,623.890
2017-06-18 0.201 0.202 0.180 0.192 68,387.350
2017-06-19 0.192 0.201 0.189 0.198 99,147.760
2017-06-20 0.198 0.222 0.193 0.206 67,567.940
2017-06-21 0.206 0.214 0.185 0.190 48,446.350
2017-06-22 0.190 0.198 0.186 0.190 114,548.170
2017-06-23 0.190 0.195 0.187 0.193 72,551.210
2017-06-24 0.193 0.201 0.168 0.177 57,092.490
2017-06-25 0.177 0.184 0.158 0.168 41,953.360
2017-06-26 0.168 0.173 0.134 0.158 20,857.560
2017-06-27 0.158 0.166 0.133 0.161 41,526.080
2017-06-28 0.161 0.176 0.152 0.169 60,037.900
2017-06-29 0.169 0.175 0.155 0.159 124,573.040
2017-06-30 0.159 0.167 0.155 0.156 151,903.390
2017-07-01 0.156 0.158 0.138 0.142 112,684.000
2017-07-02 0.142 0.157 0.139 0.156 116,519.780
2017-07-03 0.156 0.178 0.152 0.174 120,598.210
2017-07-04 0.174 0.195 0.163 0.187 170,093.000
2017-07-05 0.187 0.187 0.170 0.174 159,731.540
2017-07-06 0.174 0.178 0.163 0.170 189,602.660
2017-07-07 0.170 0.172 0.151 0.156 143,349.570
2017-07-08 0.156 0.165 0.146 0.158 111,085.270
2017-07-09 0.158 0.161 0.151 0.152 136,190.930
2017-07-10 0.152 0.158 0.144 0.146 90,931.190
2017-07-11 0.146 0.146 0.146 0.146 0.000
2017-07-12 0.145 0.145 0.125 0.134 51,759.850
2017-07-13 0.134 0.141 0.113 0.121 97,803.210
2017-07-14 0.121 0.124 0.109 0.118 164,335.130
2017-07-15 0.118 0.118 0.105 0.110 108,814.820
2017-07-16 0.110 0.113 0.088 0.097 119,335.910
2017-07-17 0.097 0.135 0.097 0.135 124,629.550
2017-07-18 0.135 0.145 0.115 0.132 66,145.020
2017-07-19 0.132 0.160 0.123 0.126 55,154.020
2017-07-20 0.126 0.161 0.125 0.153 77,062.050
2017-07-21 0.153 0.153 0.142 0.145 8,264.120
2017-07-22 0.145 0.179 0.145 0.177 31,326.050
2017-07-23 0.177 0.188 0.156 0.167 93,645.910
2017-07-24 0.167 0.174 0.159 0.170 188,593.040
2017-07-25 0.170 0.178 0.142 0.158 435,524.730
2017-07-26 0.158 0.167 0.144 0.157 420,104.300
2017-07-27 0.157 0.177 0.153 0.172 431,815.990
2017-07-28 0.172 0.176 0.155 0.166 450,948.490
2017-07-29 0.166 0.171 0.156 0.169 353,984.760
2017-07-30 0.169 0.177 0.158 0.159 377,165.430
2017-07-31 0.159 0.170 0.157 0.161 422,069.590
2017-08-01 0.161 0.186 0.161 0.179 427,298.080
2017-08-02 0.179 0.240 0.179 0.215 313,168.070
2017-08-03 0.215 0.246 0.211 0.220 351,348.170
2017-08-04 0.220 0.231 0.211 0.224 295,097.950
2017-08-05 0.224 0.260 0.215 0.230 315,873.500
2017-08-06 0.230 0.255 0.210 0.244 250,942.750
2017-08-07 0.244 0.291 0.236 0.280 460,706.140
2017-08-08 0.280 0.310 0.255 0.273 359,991.580
2017-08-09 0.273 0.301 0.254 0.279 443,420.900
2017-08-10 0.279 0.305 0.275 0.293 353,914.540
2017-08-11 0.293 0.300 0.274 0.293 354,951.230
2017-08-12 0.293 0.303 0.268 0.274 378,226.430
2017-08-13 0.274 0.280 0.223 0.260 392,884.140
2017-08-14 0.260 0.267 0.233 0.253 398,005.470
2017-08-15 0.253 0.256 0.227 0.246 395,125.230
2017-08-16 0.246 0.280 0.243 0.257 356,136.080
2017-08-17 0.257 0.259 0.243 0.245 421,783.450
2017-08-18 0.245 0.255 0.235 0.241 383,122.340
2017-08-19 0.241 0.263 0.226 0.255 397,459.730
2017-08-20 0.255 0.320 0.255 0.276 347,227.560
2017-08-21 0.276 0.310 0.236 0.247 398,255.650
2017-08-22 0.247 0.262 0.234 0.250 394,963.680
2017-08-23 0.250 0.262 0.241 0.258 335,380.600
2017-08-24 0.258 0.260 0.182 0.241 410,037.240
2017-08-25 0.241 0.285 0.182 0.256 521,839.110
2017-08-26 0.256 0.339 0.215 0.270 416,817.170
2017-08-27 0.270 0.280 0.255 0.271 372,586.450
2017-08-28 0.271 0.289 0.267 0.281 442,255.570
2017-08-29 0.281 0.288 0.277 0.282 421,120.080
2017-08-30 0.282 0.300 0.280 0.294 425,852.940
2017-08-31 0.294 0.340 0.289 0.337 521,081.250
2017-09-01 0.337 0.340 0.311 0.325 469,868.630
2017-09-02 0.326 0.330 0.262 0.278 307,110.990
2017-09-03 0.278 0.316 0.261 0.301 531,598.030
2017-09-04 0.301 0.311 0.247 0.277 335,788.800
2017-09-05 0.277 0.291 0.246 0.284 150,869.190
2017-09-06 0.284 0.309 0.279 0.301 155,448.740
2017-09-07 0.301 0.303 0.285 0.292 169,339.150
2017-09-08 0.292 0.307 0.252 0.265 163,046.980
2017-09-09 0.265 0.287 0.254 0.273 148,757.470
2017-09-10 0.273 0.274 0.235 0.267 160,155.830
2017-09-11 0.267 0.288 0.253 0.256 141,048.040
2017-09-12 0.256 0.269 0.245 0.249 144,324.520
2017-09-13 0.249 0.258 0.215 0.231 173,534.580
2017-09-14 0.231 0.236 0.172 0.179 225,455.260
2017-09-15 0.179 0.229 0.158 0.221 145,568.540
2017-09-16 0.221 0.236 0.201 0.212 109,061.690
2017-09-17 0.212 0.225 0.198 0.216 196,515.480
2017-09-18 0.216 0.252 0.209 0.244 165,262.470
2017-09-19 0.244 0.256 0.229 0.238 162,280.610
2017-09-20 0.238 0.240 0.230 0.233 154,208.490
2017-09-21 0.233 0.236 0.205 0.210 194,312.940
2017-09-22 0.210 0.220 0.201 0.208 194,564.410
2017-09-23 0.208 0.228 0.202 0.220 186,634.090
2017-09-24 0.220 0.233 0.215 0.216 162,078.130
2017-09-25 0.216 0.239 0.216 0.237 185,774.000
2017-09-26 0.237 0.240 0.219 0.231 175,208.150
2017-09-27 0.231 0.252 0.225 0.247 174,308.940
2017-09-28 0.247 0.251 0.230 0.237 178,290.310
2017-09-29 0.237 0.239 0.218 0.237 190,367.780
2017-09-30 0.237 0.240 0.233 0.235 159,764.420
2017-10-01 0.235 0.251 0.217 0.244 175,061.720
2017-10-02 0.244 0.260 0.230 0.231 190,499.350
2017-10-03 0.231 0.240 0.215 0.226 213,457.200
2017-10-04 0.226 0.228 0.210 0.216 245,079.830
2017-10-05 0.216 0.226 0.204 0.210 292,537.740
2017-10-06 0.210 0.225 0.202 0.217 234,133.660
2017-10-07 0.217 0.226 0.195 0.213 304,611.210
2017-10-08 0.213 0.214 0.190 0.196 275,602.640
2017-10-09 0.196 0.207 0.190 0.195 315,368.460
2017-10-10 0.195 0.220 0.192 0.212 374,747.520
2017-10-11 0.212 0.220 0.208 0.213 245,547.760
2017-10-12 0.213 0.215 0.202 0.206 245,421.170
2017-10-13 0.206 0.214 0.193 0.212 370,269.670
2017-10-14 0.212 0.214 0.202 0.210 242,571.270
2017-10-15 0.210 0.212 0.196 0.206 217,043.640
2017-10-16 0.207 0.260 0.203 0.222 345,749.810
2017-10-17 0.222 0.235 0.213 0.215 261,588.240
2017-10-18 0.220 0.222 0.204 0.219 226,040.370
2017-10-19 0.216 0.230 0.212 0.219 262,756.200
2017-10-20 0.221 0.249 0.212 0.216 243,656.670
2017-10-21 0.214 0.223 0.197 0.207 300,857.520
2017-10-22 0.214 0.223 0.197 0.211 380,241.520
2017-10-23 0.209 0.215 0.183 0.202 270,895.180
2017-10-24 0.203 0.222 0.190 0.211 376,991.900
2017-10-25 0.211 0.219 0.195 0.204 363,559.400
2017-10-26 0.204 0.206 0.193 0.199 256,561.210
2017-10-27 0.199 0.203 0.193 0.196 247,853.400
2017-10-28 0.196 0.205 0.191 0.196 238,214.210
2017-10-29 0.197 0.210 0.191 0.201 2,651,375.830
2017-10-30 0.201 0.206 0.196 0.200 195,346.720
2017-10-31 0.200 0.202 0.183 0.187 143,310.550
2017-11-01 0.186 0.193 0.166 0.167 115,136.170
2017-11-02 0.167 0.183 0.150 0.166 128,010.680
2017-11-03 0.167 0.181 0.160 0.171 107,970.090
2017-11-04 0.171 0.180 0.168 0.170 79,427.540
2017-11-05 0.170 0.182 0.163 0.180 137,429.200
2017-11-06 0.178 0.220 0.175 0.185 154,874.580
2017-11-07 0.186 0.188 0.174 0.179 96,218.000
2017-11-08 0.179 0.198 0.176 0.192 127,315.430
2017-11-09 0.192 0.229 0.188 0.225 133,228.760
2017-11-10 0.225 0.239 0.185 0.193 125,771.880
2017-11-11 0.192 0.214 0.185 0.192 133,185.110
2017-11-12 0.191 0.192 0.161 0.184 130,853.820
2017-11-13 0.184 0.208 0.180 0.192 120,322.100
2017-11-14 0.191 0.209 0.191 0.208 98,249.250
2017-11-15 0.208 0.210 0.199 0.202 98,263.830
2017-11-16 0.204 0.218 0.192 0.198 171,104.870
2017-11-17 0.198 0.203 0.180 0.193 102,323.440
2017-11-18 0.191 0.200 0.187 0.194 140,381.000
2017-11-19 0.192 0.209 0.192 0.204 157,053.440
2017-11-20 0.201 0.224 0.200 0.214 240,386.270
2017-11-21 0.214 0.219 0.198 0.203 126,937.970
2017-11-22 0.203 0.209 0.198 0.204 79,985.430
2017-11-23 0.204 0.211 0.198 0.201 105,128.380
2017-11-24 0.201 0.210 0.197 0.208 97,528.050
2017-11-25 0.208 0.223 0.207 0.220 121,138.250
2017-11-26 0.220 0.224 0.200 0.214 118,356.420
2017-11-27 0.214 0.225 0.210 0.225 119,119.870
2017-11-28 0.224 0.257 0.220 0.245 135,487.470
2017-11-29 0.245 0.267 0.202 0.214 176,622.780
2017-11-30 0.214 0.240 0.200 0.220 90,854.960
2017-12-01 0.220 0.240 0.208 0.238 271,196.080
2017-12-02 0.239 0.260 0.215 0.250 116,097.540
2017-12-03 0.250 0.296 0.246 0.270 187,972.820
2017-12-04 0.269 0.286 0.263 0.285 124,252.680
2017-12-05 0.285 0.311 0.271 0.299 163,031.390
2017-12-06 0.300 0.323 0.287 0.315 144,826.910
2017-12-07 0.317 0.327 0.250 0.284 200,046.040
2017-12-08 0.289 0.715 0.236 0.642 529,580.930
2017-12-09 0.642 0.669 0.364 0.439 442,132.520
2017-12-10 0.439 0.449 0.317 0.381 359,791.000
2017-12-11 0.382 0.526 0.381 0.489 434,443.150
2017-12-12 0.498 0.583 0.454 0.504 592,944.900
2017-12-13 0.501 0.543 0.465 0.509 532,622.110
2017-12-14 0.509 0.615 0.490 0.596 424,762.900
2017-12-15 0.600 0.610 0.495 0.590 318,930.180
2017-12-16 0.584 0.711 0.565 0.646 561,892.910
2017-12-17 0.646 0.741 0.622 0.675 388,184.670
2017-12-18 0.675 0.830 0.661 0.829 710,999.590
2017-12-19 0.829 1.050 0.810 0.891 1,254,620.760
2017-12-20 0.891 1.040 0.748 0.888 666,065.480
2017-12-21 0.887 1.040 0.856 0.976 758,704.670
2017-12-22 0.973 1.000 0.517 0.799 857,280.330
2017-12-23 0.797 0.951 0.760 0.865 512,188.450
2017-12-24 0.872 1.010 0.713 1.000 491,612.710
2017-12-25 0.999 1.090 0.899 0.984 676,630.430
2017-12-26 0.980 1.000 0.902 0.968 376,938.300
2017-12-27 0.968 0.993 0.888 0.930 319,614.200
2017-12-28 0.930 0.949 0.795 0.886 275,775.850
2017-12-29 0.890 1.050 0.870 1.030 444,221.450
2017-12-30 1.040 1.050 0.840 0.882 371,915.880
2017-12-31 0.881 1.080 0.873 1.030 358,655.750
2018-01-01 1.020 1.060 0.955 1.010 372,337.530
2018-01-02 1.010 1.170 0.998 1.130 508,842.580
2018-01-03 1.130 1.780 1.120 1.750 1,451,938.490
2018-01-04 1.750 2.060 1.520 1.610 1,701,356.970
2018-01-05 1.600 1.810 1.500 1.560 1,240,544.380
2018-01-06 1.560 1.700 1.450 1.630 667,120.080
2018-01-07 1.630 1.900 1.580 1.800 782,058.530
2018-01-08 1.800 1.800 1.310 1.570 599,946.570
2018-01-09 1.570 1.690 1.300 1.440 689,128.100
2018-01-10 1.440 1.480 1.150 1.370 638,905.760
2018-01-11 1.370 1.430 1.080 1.250 601,971.750
2018-01-12 1.240 1.400 1.170 1.390 309,201.100
2018-01-13 1.390 1.520 1.380 1.440 553,520.790
2018-01-14 1.460 1.490 1.240 1.300 301,569.900
2018-01-15 1.300 1.450 1.300 1.340 363,771.650
2018-01-16 1.330 1.340 0.551 0.943 1,329,402.210
2018-01-17 0.944 0.980 0.614 0.940 747,979.660
2018-01-18 0.943 1.110 0.863 1.020 602,085.280
2018-01-19 1.020 1.120 0.925 1.070 324,330.880
2018-01-20 1.070 1.200 1.070 1.170 311,269.380
2018-01-21 1.170 1.200 0.980 1.040 288,916.990
2018-01-22 1.040 1.090 0.882 0.980 359,851.940
2018-01-23 0.980 1.010 0.861 0.942 335,940.150
2018-01-24 0.947 0.993 0.901 0.958 341,094.010
2018-01-25 0.968 1.090 0.912 0.935 208,033.930
2018-01-26 0.932 1.030 0.789 0.859 686,161.880
2018-01-27 0.859 1.090 0.831 1.030 667,226.370
2018-01-28 1.030 1.050 0.970 1.000 572,124.260
2018-01-29 1.000 1.000 0.907 0.926 303,346.330
2018-01-30 0.926 0.932 0.774 0.796 691,179.340
2018-01-31 0.800 0.812 0.745 0.797 304,253.420
2018-02-01 0.797 0.838 0.623 0.657 485,355.300
2018-02-02 0.655 0.657 0.469 0.597 443,417.260
2018-02-03 0.599 0.666 0.525 0.643 289,034.040
2018-02-04 0.640 0.692 0.532 0.549 371,935.150
2018-02-05 0.552 0.579 0.412 0.422 263,615.080
2018-02-06 0.419 0.546 0.369 0.535 418,425.720
2018-02-07 0.533 0.601 0.513 0.517 409,696.370
2018-02-08 0.517 0.589 0.515 0.548 387,207.100
2018-02-09 0.550 0.594 0.525 0.584 435,153.980
2018-02-10 0.583 0.639 0.533 0.566 382,698.010
2018-02-11 0.565 0.566 0.500 0.521 251,628.970
2018-02-12 0.523 0.555 0.512 0.537 434,588.570
2018-02-13 0.536 0.545 0.481 0.515 826,721.050
2018-02-14 0.515 0.551 0.493 0.541 1,466,648.300
2018-02-15 0.541 0.573 0.532 0.558 479,682.940
2018-02-16 0.557 0.580 0.491 0.523 548,277.260
2018-02-17 0.523 0.600 0.515 0.595 493,852.170
2018-02-18 0.596 0.596 0.517 0.524 348,561.250
2018-02-19 0.524 0.537 0.515 0.525 293,933.400
2018-02-20 0.525 0.527 0.481 0.483 316,226.750
2018-02-21 0.481 0.522 0.455 0.463 284,940.040
2018-02-22 0.463 0.484 0.413 0.430 178,182.960
2018-02-23 0.431 0.458 0.413 0.442 173,413.480
2018-02-24 0.443 0.449 0.403 0.411 183,154.110
2018-02-25 0.409 0.411 0.381 0.399 283,467.660
2018-02-26 0.398 0.410 0.385 0.397 193,060.600
2018-02-27 0.397 0.403 0.386 0.396 124,157.670
2018-02-28 0.396 0.440 0.392 0.404 171,197.110
2018-03-01 0.404 0.417 0.389 0.407 121,342.390
2018-03-02 0.407 0.417 0.387 0.393 123,592.800
2018-03-03 0.393 0.402 0.348 0.368 260,700.460
2018-03-04 0.366 0.370 0.324 0.349 908,369.110
2018-03-05 0.348 0.367 0.304 0.344 1,596,697.970
2018-03-06 0.343 0.344 0.315 0.330 870,064.520
2018-03-07 0.331 0.337 0.292 0.300 508,847.340
2018-03-08 0.300 0.370 0.287 0.343 366,564.820
2018-03-09 0.343 0.373 0.324 0.350 421,733.570
2018-03-10 0.349 0.374 0.347 0.355 161,415.290
2018-03-11 0.355 0.369 0.346 0.354 147,551.270
2018-03-12 0.354 0.417 0.349 0.392 322,232.520
2018-03-13 0.393 0.485 0.389 0.470 519,225.720
2018-03-14 0.471 0.552 0.401 0.409 881,385.640
2018-03-15 0.409 0.438 0.347 0.379 414,429.770
2018-03-16 0.380 0.390 0.342 0.345 188,354.030
2018-03-17 0.346 0.350 0.289 0.295 272,332.390
2018-03-18 0.294 0.302 0.241 0.296 244,870.010
2018-03-19 0.295 0.314 0.271 0.296 301,882.850
2018-03-20 0.296 0.349 0.274 0.312 740,332.090
2018-03-21 0.311 0.330 0.297 0.305 344,880.500
2018-03-22 0.305 0.320 0.283 0.306 176,309.680
2018-03-23 0.306 0.307 0.278 0.294 179,093.870
2018-03-24 0.295 0.300 0.283 0.285 144,152.440
2018-03-25 0.284 0.321 0.277 0.296 235,146.090
2018-03-26 0.297 0.300 0.260 0.275 153,960.690
2018-03-27 0.275 0.276 0.253 0.253 142,438.030
2018-03-28 0.253 0.264 0.251 0.256 101,570.490
2018-03-29 0.256 0.260 0.229 0.229 159,838.650
2018-03-30 0.229 0.246 0.219 0.229 132,089.950
2018-03-31 0.229 0.240 0.226 0.229 113,984.010
2018-04-01 0.229 0.232 0.207 0.218 111,985.730
2018-04-02 0.218 0.237 0.215 0.231 139,187.530
2018-04-03 0.231 0.264 0.230 0.264 215,829.320
2018-04-04 0.263 0.269 0.231 0.232 196,085.660
2018-04-05 0.233 0.246 0.222 0.230 102,428.170
2018-04-06 0.230 0.234 0.220 0.227 82,885.890
2018-04-07 0.227 0.236 0.226 0.230 118,454.320
2018-04-08 0.230 0.243 0.229 0.241 154,608.700
2018-04-09 0.241 0.252 0.230 0.237 137,249.310
2018-04-10 0.237 0.244 0.232 0.243 145,811.820
2018-04-11 0.243 0.253 0.240 0.252 132,259.730
2018-04-12 0.252 0.287 0.244 0.286 176,011.560
2018-04-13 0.288 0.316 0.277 0.290 237,315.090
2018-04-14 0.290 0.314 0.287 0.311 160,443.570
2018-04-15 0.312 0.366 0.312 0.363 263,928.530
2018-04-16 0.363 0.382 0.323 0.353 531,525.410
2018-04-17 0.353 0.357 0.338 0.350 211,422.180
2018-04-18 0.351 0.382 0.348 0.381 212,588.110
2018-04-19 0.381 0.395 0.376 0.389 218,792.460

Live Trading data for NEM (XEM)

Cryptocurrency Converter & Calculator for NEM (XEM) / USD

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NEM Mining Calculator and Profit Calculator

Hash Rate (H/s):
 Power (Watts):
 Power Cost ($/kWh):
Difficulty:
Block Reward:
 Pool Fees %:
XEM/BTC:
BTC/USD Value:
Hardware Costs (USD):

Estimated Expected Cryptocurrency Earnings

Time Frame XEM Coins BTC (XEM/BTC at 0) USD (BTC at 8285.25) Power Cost (in USD) Pool Fees (in USD) Profit (in USD)
Hourly nan nan $nan $0.001 $nan $nan
Daily nan nan $nan $0.024 $nan $nan
Weekly nan nan $nan $0.168 $nan $nan
Monthly nan nan $nan $0.72 $nan $nan
Annually nan nan $nan $8.76 $nan $nan

The estimated expected cryptocurrency earnings are based on a statistical calculation using the values entered and do not account for difficulty and exchange rate fluctuations, stale/reject/orphan rates, and a pool's efficiency. If you are mining using a pool, the estimated expected cryptocurrency earnings can vary greatly depending on the pool's efficiency, stale/reject/orphan rate, and fees. If you are mining solo, the estimated expected cryptocurrency earnings can vary greatly depending on your luck and stale/reject/orphan rate.


NEM Cryptocurrency Mining Summary

Days to generate one block mining solo: nan Day(s) (can vary greatly depending on your luck)
Days to generate one BTC: nan Day(s) (can vary greatly depending on the current exchange rates)
Days to break even: nan (can vary greatly depending on the current exchange rates)
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Description of NEM (XEM)

Release Date: June 25, 2014. The idea to create NEM was initially started on the BitcoinTalk forum, by a user known as UtopianFuture. The initial plan was to fork NXT. However, an entirely new codebase was decided to be made. The developers behind NEM are pseudonymous. The NEM Blockchain is responsible for powering what is known as the Smart Asset System. Which is a Blockchain system and solution that is fully open sourced and allows for Blockchain powered applications to be built without downloading any special software due to the API calls provided by NEM. NEM addresses act as containers within the software which hold assets. So, an address can represent a crypto wallet or a notary document that needs signatures. Using these addresses, developers can create Mosaics, which are transferrable assets that can represent a variety of things. The algorithm that is employed on the NEM Blockchain is known as Proof-of-Importance. Each node on the NEM Blockchain carries an importance score that determines how often it can mine. How mining or harvesting works on the NEM Blockchain: XEM is vested, overtime vested coins increase your importance score, the frequency and quantity of your transaction score also improves it. The importance score impacts the amount of XEM that you can mine/harvest. Additionally, NEM has built in spam filters that bar nonsense transactions from clogging the chain. P2P time synchronization, which grants the network the ability to maintain accurate time data without the need to rely on outside servers. Encrypted messaging and multisignature addresses are also part of NEM. Individuals are also able to generate private versions of the NEM Blockchain for internal purposes.