I do not quite understand how so many miners have the equivalent of $50,000+ worth of hashing power pointed at this coin. Is a faster miner out or is this normal to see so many miners with $50,000 worth of equipment.
gradually, Miners mining on pool haven't got much profit for this coin. I know some big miners maybe solomine zcoin and they can push the diff very highly. Therefore Miners on pool are very hard to get a profit from mining. You can just look at the pool with the most hash rate and see at least 15 people with $50,000-$100,000 worth of hash power each. We are finding blocks every ten minutes or so. I am just amazed by so many people with that much money to spend on mining. Solo miners will have a hard time unless they are even bigger
Yes, They can think about the value of this coin in the future and especially MTP will be released soon (now it's released for testnet about 1 month)
and MTP and masternode will be a very interesting and excellent for this zcoin. Just image if the price can hit 30$ or 50$ in next 2 months.
If they want wealthy people to chime in and deliver their massive hash to zcoin they will need to maintain community outreach accordingly. At least keep everyone updated on what's going on. This is the least thing they can do to keep this coin afloat. Note that they have absolutely nothing to put on the table, nonetheless it's important to keep everybody updated on non-existing things.
No. They are working on MTP algo and This algo is still tested for safety before it's released for test community. MTP algo is quite new in the crypto world and Zcoin is the first coin using this algo and They need more careful testing for this algo and I believe zcoin will be a the most brilliant coin in this year.
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