How are people that have more mining power getting more coins different than any other POW coin out there?
Buddy read my first sentence completely. What I emphasized is that people who mined initially have big no. of coins and other people who have good no. of GPU have the maximum no. of coins.
with 900Mbps a person is able to mine around 24 hours a 151 coins. For you who like this coins(maybe you are able to mine more coin or already mined more coins) and how its going you will see positive only and for me who started to test this coin only saw negative as per miner.
Dev expects the miner to bear the burden of the network and don't want to pay anything to miner which really stupid. How he is expecting people to be with this coin and support it apart from you.
So, you mined the equivalent of $20 USD in 24 hours with 900 mh/sec the equivalent of 2x GTX 1060 3gb gpu or 1x 1070ti gpu and you are complaining. What would your profitability be on any other alg with those same GPUs?
What difference is it if the miners get 1500 coins per block or 150. So, the coin will be worth $0.012 vs. $0.12 due to inflation?
The hive is about funding growth so, your mined coins are worth more. Crypto is too competitive for community coins anymore. Good devs want money to develop.
Nobody works for free thats the truth but how much you are looking to take which will satisfy DEV. You need to understand that although DEV is the starting point without miners a blockchain is not worth even a dime. Also Dev is putting himself first and then the coins is referred to community. A community includes all type of people small and big. In your calculation where is small person if you put yourself first.
It's not that I am criticizing the DEV or the coin but the way coins are being distributed. You won't agree with me but the scenario is like rich and poor in real life.
where poor works and rich gets richer. the distribution must be justified perportionally. also as per the pricing do you guarantee that price will remain $0.12 and not $0.012. In virtual currency it can be anything so your point about pricing is not viable here.
You are seeing Half glass full and I am seeing half glass empty.
Again Thanks for your Inputs. See you somewhere in life where we are on same page.