I have moved quiet a bit of my cold storage commodities (Platinum, Gold and Silver) to raise the capital needed to get Extremecoin where it deserves to be.
A coin with a fair launch, two months worth of a 200 block reward, of which I mined like everybody else and then the drop to a 1 coin block reward, the reason being is that only dedicated supporters of EXC and others invested in Extremecoin would mine.
IMO for POW coins, mining should not be for profit but for EXC's network security, that should be a miners main priority, to help secure the coins that they already have.
This is the main reason that I find Auto-profit pools detrimental, this then makes mining just all about making profit and at the same time getting good but smaller coins stuck at high difficulty levels.
You can quote me on this:
"Extremecoin will only be profitable for the dedicated; The individuals who support it and help to secure, protect and expand its goals, in the present and for the future, as only then can we truly make a difference."
All of my focus and my efforts are going to be dedicated to Extremecoin from this point onwards.
The Extremecoin supporter forum will be online in a matter of days so we can all understand the short and long term goals of this long standing Crypto-Currency.
If anyone would like to help support this coin with services then please use the contact form on the website which is almost ready for the theme and content update.
Thank you to everyone who took the time to read this post.
A coin with a fair launch, two months worth of a 200 block reward, of which I mined like everybody else and then the drop to a 1 coin block reward, the reason being is that only dedicated supporters of EXC and others invested in Extremecoin would mine.
IMO for POW coins, mining should not be for profit but for EXC's network security, that should be a miners main priority, to help secure the coins that they already have.
This is the main reason that I find Auto-profit pools detrimental, this then makes mining just all about making profit and at the same time getting good but smaller coins stuck at high difficulty levels.
You can quote me on this:
"Extremecoin will only be profitable for the dedicated; The individuals who support it and help to secure, protect and expand its goals, in the present and for the future, as only then can we truly make a difference."
All of my focus and my efforts are going to be dedicated to Extremecoin from this point onwards.
The Extremecoin supporter forum will be online in a matter of days so we can all understand the short and long term goals of this long standing Crypto-Currency.
If anyone would like to help support this coin with services then please use the contact form on the website which is almost ready for the theme and content update.
Thank you to everyone who took the time to read this post.
Extremecoin had a fair launch, now this is a good move.
