Guys, let's be real and honest.
1. New coin announced.
2. Guys slam it from NiceHash because you can redirect power faster than controlling hw yourself
3. They mine first few days and bail.
That's not going to change.
Within FIRST hour of the announcement, hash rate was already hitting almost 3Mh...I checked FatPanda.
That's the equivalent of 3,000 GTX1070Ti mining Maple within 45 minutes of the announcement.
No coin organically gets 500 6-gpu rigs setup and mining within 45 minutes without rented hash power.
Notice network rate has dropped to 1/3 of that? They do it to most coins just to take a gamble.
Nobody joins a mining pool with 000.00KH/sec and nobody wants to mine a coin with a bunch of do nothing pools. I have heard from several people that have rented hash power on their own pools when they were brand new to help get them off the ground. As other miners step in the rented hash power is lowered until it's all miners.
For a much better explanation of this pleas see Son of a Tech's video here:
https://www.youtube.com/watch?v=ROqopLO70zEI'm not saying I know this is what's happening. I'm saying we need to be skeptical and critical without falling into a negative mindset.
"Already hitting almost 3Mh" As I said in a previous post with 5Kh I mined 1000 coins in the first two days. I got lucky and saw the post early the first day. "Is that good or bad?" I asked myself. Who knows. Now 5 days in and I'm up to 4300 coins. Again, is this good or bad? We'll see when/if it hits an exchange.
If everything that happens is interpreted as a predatory attack you start to sound like all those gamers who think we took their happy fun time away from them. If you are mining this coin for profit alone you might want to reexamine your strategy and go with a safer bet. We need to be honest with ourselves about why we are even mining a coin like this. If you are curious to see where the project goes, well then it's going to need miners. Could this be the most profitable coin to mine right now? I hope so
Am I gonna trip if it ends up fizzling out? Nah bro way she goes.
[/quote]You have to pay someone to make a block explorer in your own coins?
Is this a one person show doing this from home? Certainly seems that way.
And still no Whitepaper, wouldn't you kind of do that before releasing your coin and website?
Seems like an after school project by some dude that is too wasted to do the whitepaper or have a BE.
[/quote]
I assume you would prefer an ICO or some sort of pre-mine. Hold up where is your whitepaper and block explorer?
