#### What is Alpha Coin? Alpha Coin (APC) is a unique [cryptocurrency](https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency) token that operates on the [Ethereum](https://www.coinbase.com/learn/crypto-basics/what-is-ethereum) platform. It is an open-source token that utilizes a special script algorithm based on Ethereum's [Smart Contract](https://www.coinbase.com/learn/crypto-basics/what-is-a-smart-contract) [ERC 20](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/what-is-erc20). The coin is designed with a focus on first-class [mining](https://www.coinbase.com/learn/crypto-basics/what-is-mining), with a team of experts appointed to develop the mining [farm](https://blog.coinbase.com/around-the-block-7-understanding-yield-farming-and-the-latest-developments-in-defi-ef9f1ac910fb). With a current supply of 65,000,000 and 34,999,999.946487 in circulation, Alpha Coin aims to bring a new perspective to the cryptocurrency landscape. #### How does Alpha Coin work? Alpha Coin operates on the Ethereum platform, leveraging the power of smart contracts. It is not mineable, but it is designed to be used with a new technology that aims to mine [Bitcoin](https://www.coinbase.com/learn/crypto-basics/what-is-bitcoin) and Ethereum with less electrical energy and less time. This approach seeks to address some of the common challenges in the cryptocurrency mining process, such as high energy consumption and long processing times. The coin's unique script algorithm is designed to optimize these processes, making it a distinctive player in the cryptocurrency space. #### What are the potential use cases for Alpha Coin? Alpha Coin has a wide range of potential applications, particularly in the financial services industry. It aims to provide a more efficient and cost-effective solution for conducting secure transactions. By leveraging the power of [distributed](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/distributed) ledger technology, Alpha Coin strives to save consumers and banks up to $20 billion a year. It also seeks to protect banks from unethical employee behavior and subsequent pressure. Furthermore, Alpha Coin aims to remove a major obstacle to mining, making it a valuable asset for many miners. #### What is the history of Alpha Coin? The idea of Alpha Coin was conceived in the middle of 2016, with the goal of addressing some of the major challenges in the cryptocurrency space. The project was studied in all aspects and how it could be embodied on the ground. The team behind Alpha Coin includes more than 19 individual developers, designers, sales and marketing experts, and process operators working on the system. Since its inception, Alpha Coin has been committed to developing and modernizing the mining field and activating its unique "APC" technology.