How mutch this is cost, and generate in month?
Here is the cost:
5 TH/s: 700 USD (about 0.26 BTC)
10 TH/s: 1400 USD (about 0.52 BTC)
20 TH/s: 2600 USD (about 0.96 BTC)
My lifetime 5 TH/s contract with https://www.genesis-mining.com makes about 0.000885 BTC a day.
The mining difficulty could decline because of the hashing power used to mine Bitcoin Cash since a few days, then the mining profitability could increase.
The first step, buying coins to decrease the current supply to about 120 Mil C2, is almost completed as 11.27 Mil of C2 were bought back thru the Buy Back Program (BBP).
10 Mil of C2 are there and they won't move anymore: https://chainz.cryptoid.info/c2/address.dws?22480.htm
1.27 Mil of C2 are spread across the exchanges for trading purpose.
Here is the link to the detailed project: https://docs.google.com/document/d/1AJ1lCpGopAPVRzfstOC2ea5aZo8EkC4q-sReJbz6UNM/edit?usp=sharing
We are paying the fee from our pocket since many years and I often used my credit card or my mining incomes for this.
Coin already on vote. Now free 116 votes. You can buy vote, or make it free.
Good Luck!
Thank you sir !
Hey guys, it has been a long time since I checked in on Coin2.
Some observations...
This swap/reverse split is needlessly complicated.
All you need to do is set up a new coin and have Nova swap them out for you. You really should limit this to just one exchange as it creates a public ledger of coin exchange transactions.
https://novaexchange.com/coinswap/
Just give current holders about 2 - 3 months to swap out their coins with the knowledge that it isn't optional.. the old network will die after the deadline.
People are going to need to see the old and new coin trading concurrently so they can find out what the market thinks coin2.3? is worth.
Asking someone to buy 10,000 coins at 25 Sat means that the reverse splint has to be baked into the coin cake until the market says otherwise.
250,000 Sat for 10k coins = 50,000 Sat
Just some food for thought.