So this is best described as organic growth then.
Yes, The coin about double in value in the last fews days so it got a lot of hash put at it. I have two ASIC miner one on a multipool and the other on a coin. When I see the multipool switch to Unobtanium I point my other miner on it and when the multipool gets off Unobtanium I point one at the other coin. The multipool that I use changes once every 20 minutes so it will pound on the coin and move it's difficulty up.Anybody aware of the giant vibration of mining difficulty?
204715 2014-02-09 11:29:50 1 0.25 39560.522
204819 2014-02-09 12:45:06 2 0.27 1461049.882
204715 2014-02-09 11:29:50 1 0.25 39560.522
204819 2014-02-09 12:45:06 2 0.27 1461049.882
This is the reason which causes Uno's average block interval is only 1/4 of the designed value
Block reward of 1 coin per block, halving every 102,000 blocks and finishing with a minimum subsidy of .00001 after 612,000 blocks. Maximum of 250,000 coins ever.
We just got past another halfing (current block count: 205411) so since there is less to mine that also brought up the price. In another ~100,000 blocks the rewards will get cut in half down to 0.125 per block.
