He is emotional but right. As it is a second coin to ETH to mine, the demand can not keep up with the supply we can see it in the price. Dual miners are just dumping it.
Decred should be mined by people who deliberately want to participate in PoW for profit, not just dump it as a byproduct of a primary coin.
I am not sure if it can be changed, but it would be advisable.
Decred should be mined by people who deliberately want to participate in PoW for profit, not just dump it as a byproduct of a primary coin.
I am not sure if it can be changed, but it would be advisable.
I don't really see the issue. Those people mining are still spending their money for electricity and putting wear and tear on their hardware to mine DCR, it's not just falling from the sky into their laps for free. Now they have worked to acquire DCR and from that point they can decide to keep it if they believe in it or sell it off like any other crypto. The market decides what something is worth and apparently people don't care that much about DCR and are selling it. It is what it is.
You are right if a person use electricity and invest in a mining rig to mine DCR, the person should be rewarded. The problem is with Claymore miner, people do get the DCR for free when dual mining with ETH. If most of the mined DCR come almost free as a byproduct of mining ETH, the coin worth almost zero. That's what might happening now, the lots of almost free DCRs pushing the price down to all time low.
I've said it a few times now: Claymore miner DOES NOT give free DCR to miners. Dual mining costs substantially more electricity than just mining ETH. I stopped dual mining specifically because it wasn't worth it. Those who keep just spouting crap they hear need to do some research, because price devaluation isn't coming (at least not solely) because dual-miners are dumping DCR. Besides, as it was already pointed out, Claymore has added other secondary algorithms to mine with ETH, and none of them are seeing rapid price devaluation because of it.
jelin1984 is absolutely not correct in his emotional blather. Just a bag holder getting scared and spreading fud like a noob.
