Quarkcoin is a coin which increases security by using 9 rounds of hashing from 6 different hashing algorithms - blake, bmw, grøstl, JH, keccak, skein. 3 of the hashing rounds apply a random hashing function. This compares with Bitcoin's solitary use of SHA-256 algorithm. There is no pre-mine for this coin. A new block is generated every 30 seconds and 2048 Quark is given out as reward per block at the beginning. This reward halves every 60480 blocks or roughly every 3 weeks. The initial supply of Quark is 247 million and this is expected to be mined in roughly 6 months since launch date. The supply will then continue to increase at an inflationary rate of 0.5% per year. Quarkcoin was launched on 21 July 2013.
Ice Rock Mining is here to bring bitcoin mining to the investment world. We believe bitcoin has a long and significant role in the new monetary system that is forming. Our goal is to raise capital and scale our mining business; we are currently in operation and already delivering returns to our investors. With Ice Rock, investors become our partners and share in the realization of profits, while assuring themselves a stable and passive income. Because of our efficiencies, we are able to operate on lower costs and thereby pass those savings on to our investors. With today’s hashrates, our ROI to investors is over 200% per year, and could increase if the price of bitcoin appreciates.