I always have something to say.
Do you want me to say something that will make network hashrate lower? But you might not like it
as long as blow away big miners pls.
Thanks for the tips whomever!
I'm thinking that some of these big miners could be using free power and resources so the usual price concerns might not be an issue for them. I doubt smoothing the fluctuation will change things much and PoS may act to smooth things out a bit when it starts working shortly. (I keep expecting something to mint, I've got one of the first blocks)
For now I would try to ignore the big miners and focus on other things, perhaps they have the communities interests at heart one can never tell. I think the PoM campaign is a great idea and should help build community and even out the mining rewards. This is a CPU coin and potentially many new people could mine it if they can easily get the information. Perhaps starting a wiki or building up more information on the website for beginners would be helpful. (Fix broken links etc.)
I would vote for using the extra coin exchange funds to pay bounties or incentive payments for needed stuff or for just being a part of the community. Incentives for writing articles, making videos, contests, giveaway faucets, commuting by bike, this type of thing could be posted out on the website to attract beginners to get involved. How about a PoB (proof of biking) incentive payment for those of us who don't commute to work and go everywhere by bike? It doesn't have to be large to be fun, I'm thinking maybe 20 coins to post a picture of your bike and promise not to drive your car for a week. (Get the environmentalists involved) Or a PoT (proof of transaction) incentive for smoking...
err moving the coins around. If some of those big miners got involved and started offering bounties and incentives I think they would find that they would profit a lot more in the long haul. It could make some magic happen; were doing much of this already!
XMG: 9Romi8ZpevAwcu218gNsuCrv8i9Li6oarj
Well said, Lightsplasher. PoS-II will be coming soon at block 10080. I currently have few wallets staking in testnet, will post reports sometimes. I can send over testnet coins if anyone wants to taste it for now.
I would vote for using the extra coin exchange funds to pay bounties or incentive payments for needed stuff or for just being a part of the community.
We will have funds from swap which I was thinking to be used to giveaway PoM participants; we can use some coins for these purposes though. Promotions in articles, video, and probably a faucet will be on the way. Ideas here are interesting. Lightsplasher, would you like to lead the campaign of PoB / PoT / ... ? will be really interesting if people post pictures. XMG will provide funds for the campaign. I just don't have much time; also it will be great if community members actually participate in XMG. Spexx, will you be interested to get a campaign going? This can be a general message to all of members: anyone can propose an idea and do a campaign whatever interesting ideas. Examples (I hope Juke won't mind posting his ideas; will say Juke is currently doing these):
- the best wallpaper of xmg
- the fanciest xmg mining computer
- best joke about crypto coins & magic / xmg / computers / or whatever
Let me know so XMG can support you. I believe this will be effective promotions and importantly people will have fun while enjoying this coin.
