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Nengcoin (NENG) is a social impact coin that empowers the average people worldwide. “Neng” in Chinese Mandarin emphasizes the possibility of making something happen. As happened, NewEnglandcoin was renamed into its current name; Nengcoin was created by a bitcoin enthusiast to bring mining back to the homes of everyday joes and to level the playing field in the crypto mining space. Nengcoin can be mined with CPU, Raspberry Pi, Android phones, USB ASIC, and ASIC rigs. Leveraging the cheetah effect algorithm and randomSpike technology, anyone can mine a full block of Nengcoin with just an Android phone with light usage of CPU resources. Nengcoin is a truly decentralized cryptocurrency growing daily in terms of the number of nodes, miners, and user adoption.
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