ACOIN is currently a $44,000 marketcap coin... putting it pretty far down the list. However, it's hashrate is one of the highest around at #6. It's higher than ETH, LTC, DOGE, DASH, and many other reputable larger marketcap coins. Why would ACOIN have so much mining interest? Correct me if I'm wrong, but I would imagine the miners know something that we don't. They wouldn't just waste money mining a coin that they can't sell at a good price right? If I had to make a bet, I think someone is expecting these coins to be way more valuable in the near future. Even if the coin got to just a $1,000,000 marketcap which is very small compared to the other coins with the same hashrate, you're looking at x20 your investment or more at the current price.
Diamond in the rough? I think so. Let me know what you think about this coins situation.
Here is a live list of the coins sorted by hashrate: http://www.coinwarz.com/cryptocurrency?sort=hashrate&dir=desc
Topic: Big profit opportunity? I think I found a diamond in the rough. (Read 427 times)
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