network hashrate 2077Gh/s
max.1gh.com 425G
miningpoolhub 365G
dwarfpool 235G
i can't find the other 1052G, that is 51%, where is it ?
Someone with really huge hashrate - on many occassions over 100% of all other miners combined - is solo mining for a while when difficulty is low thus getting 200% or more MAX
than normaly. He then dumps them at exchanges and realises 200% or higher profits over other MAX miners. He is doing it for a very long time but no one really noticed - or at
least those pumping MAX price without adding any hashrate noticed which means they are not just buying overpriced coins but insuring continuation of deeds as explained above.
It is quite a problem when you have investors who are unaware even of cryptocoin basics. They will buy some coin and then when price drops - because math, supply and demand
and plain old logic and sanity say it
must drop - they will be all around bitching how coin sucks and whatnot.
With PoW coins solution is quite simple = add a shitload of hashrate and
do not remove it, ever. Keep mined coins and wait until price goes up massively, like it all happened with
Bitcoin, Litecoin and many other coins. If you can not afford to go slightly negative now to later realise profits which will count in millions you better stay out of the whole deal.
