Acoin PriceACOIN

What is Acoin (ACOIN)?

Acoin (ACOIN) is a decentralized digital currency built for instant peer-to-peer payments. It was launched in 2014 and operates on a Proof of Work (PoW) blockchain secured by the SHA-256 mining algorithm. The project's core idea is simple: enable anyone, anywhere in the world to send and receive value quickly without relying on a central authority. Transaction management and coin issuance are carried out collectively by the network rather than by a single company or administrator. Acoin is classified under the Payment category and is fully mineable, meaning users can generate new ACOIN by contributing computing power to the network. The circulating supply stands at approximately 1,220,085 ACOIN, which represents 100% of the total supply, indicating that no significant reserve of unmined coins remains in circulation terms. It was listed on CoinMarketCap on 2014-09-13.

Key Specifications & Tokenomics

• Name: Acoin
• Ticker / Symbol: ACOIN
• CoinMarketCap ID: 601
• Consensus Mechanism: Proof of Work (PoW)
• Mining Algorithm: SHA-256
• Mineable: Yes
• Category: Payment
• Launch Date: 2014-08-28
• Circulating Supply: 1,220,085 ACOIN
• Total Supply: 1,220,084.96 ACOIN
• Circulating Supply as % of Total: 100%
• Official Website: https://acoin.info/
• Source Code: https://github.com/acoin-project/acoin
• Block Explorer: www.blockexperts.com
• Official Announcements: https://bitcointalk.org/index.php?topic=761818.0
• Community: https://reddit.com/r/acoin

Who created Acoin?

Acoin's official channels are its website (acoin.info), GitHub repository (github.com/acoin-project/acoin), Bitcointalk announcement thread and X account @acointeam; no individual founder or team names are published on these channels. A third-party database (Tracxn) lists ACOIN as a deadpooled company founded in 2017 and operating as a decentralized payment currency, with 487 active competitors including Bitcoin, Dash and Beam. This founding year differs from the 2014 launch date reported by market data sources.

How does Acoin work?

Acoin operates as a peer-to-peer cryptocurrency with no central authority controlling transactions or issuance. The network relies on a Proof of Work consensus mechanism using the SHA-256 hashing algorithm, the same family of cryptographic hashing used by several early Bitcoin-derived networks. Miners compete to solve computational puzzles, and the winning miner validates a block of transactions and receives newly generated ACOIN as a reward. This process simultaneously secures the ledger and distributes new coins. Because the system is decentralized, every participant holds a copy of the transaction history, and consensus rules determine which chain is valid. Users can send ACOIN directly to one another without intermediaries, and transactions are confirmed by the collective mining power of the network. The architecture follows the classic cryptocurrency model: open source code, public block explorer, and permissionless participation. The reference implementation is Acoin Core, the open source software that enables use of the currency.

What makes Acoin unique and valuable?

Acoin's primary value proposition lies in its longevity and its straightforward design. Launched in 2014, Acoin is among the older cryptocurrency projects still tracked by market data aggregators, with price history dating back to the mid-2010s. Its use of SHA-256 mining means it can be mined with ASIC hardware built for SHA-256 networks, as well as with GPU or CPU setups; profitability depends on electricity costs and the coin's market price. The project emphasizes instant global payments and censorship-resistant transactions, values shared by many early payment-focused cryptocurrencies. However, its market recognition remains limited. The price has fallen substantially from its all-time high and remains highly volatile. Trading activity is very limited, and liquidity is thin. These factors make ACOIN a high-risk asset whose value is not widely recognized by the broader market.

What is Acoin used for?

ACOIN functions primarily as a medium of exchange for peer-to-peer payments. Users can transfer ACOIN to anyone with a compatible wallet, anywhere in the world, without requiring a bank or payment processor. Because the network is mineable, ACOIN also serves as a reward for miners who secure the blockchain, creating an incentive structure that supports network maintenance. The coin can be traded on supported markets. Historical trading pairs, tracked mainly on YoBit, have included ACOIN/BTC, ACOIN/DOGE, ACOIN/ETH, ACOIN/USD, ACOIN/WAVES and ACOIN/RUR. Trading has historically concentrated on YoBit, where the ACOIN/RUR pair is the most liquid quote market. For holders, ACOIN represents a speculative digital asset with a long price history, though its practical utility today is constrained by low liquidity and limited merchant adoption. Its core use case remains the original cryptocurrency promise: fast, borderless, permissionless value transfer.

How Is the Acoin ecosystem developing?

Development activity around Acoin appears minimal by current standards. The project maintains a GitHub repository and an official website. According to CoinMarketCap (as of 2026-10-23), Acoin is tracked under CMC ID 601; it also appears on Yahoo Finance and CoinDesk price pages. Market data indicates very low network and trading activity. Longer-term price performance has been deeply negative across multi-year horizons. A third-party database lists ACOIN as a deadpooled company, further suggesting that active development and promotion have largely ceased. For investors, the ecosystem currently presents more as a legacy asset with historical significance than as an actively growing platform.

How to mine Acoin?

Acoin uses the SHA-256 Proof of Work algorithm, which means it can be mined using ASIC hardware designed for SHA-256 networks as well as with GPU or CPU setups, depending on the miner's budget and goals. To mine ACOIN, a participant needs mining software compatible with SHA-256, a wallet address to receive rewards, and access to a mining pool or solo mining configuration. Miners compete to find valid block hashes; the first to succeed broadcasts the block, earns the block reward in ACOIN, and helps confirm pending transactions. Because Acoin is a smaller network, mining difficulty and competition are likely lower than on major SHA-256 chains, but profitability depends heavily on electricity costs and the coin's market price. Prospective miners should calculate costs carefully before committing hardware.

How to keep your Acoin Coin safe?

Securing ACOIN follows the same principles as protecting any cryptocurrency. Use a wallet that gives you control of your private keys, and store the private key or seed phrase offline in a secure location that is never shared digitally. For larger holdings, a hardware wallet or an air-gapped computer provides stronger protection against malware and phishing. Always verify wallet download sources and avoid entering seed phrases into websites or applications. Because ACOIN has low liquidity and limited market recognition, be especially cautious of fake exchanges, impersonation accounts, and unsolicited offers. Keep software updated, enable two-factor authentication where available, and consider splitting holdings across multiple wallets to reduce single points of failure. As with all high-risk crypto assets, only invest what you can afford to lose and conduct thorough independent research.