Topic: CannabisCoin [CANN][X11][Official] Developments & Discussions - page 156. (Read 706488 times)

Looking forward to hearing more Delta.

Hi Everyone,

I have a few things to say.

First, Thank you everyone for the massive ongoing CannabisCoin support!  

Good news!  We will be meeting with some more potential MMJ industry innovators based in Denver, Colorado this week and also next week.  
Its been very busy around here, We have so many things that we'd like to get involved in to help CannabisCoin become more of what it already is and beyond.  You can only imagine the mountain of TO-DO's going on in the home front. Rest assured, CANN is MOVING FORWARD with the help of the community members and talented individuals alike!  

Secondly, I would like to say apologies to the CANN community on BCT forum for having to deal with the large amounts of spam, fud, and just outright childish acts of others on this forum as it has become almost a regular occurrence.  I personally do not have the time or the energy to partake in such behaviors and would rather "innovate and NOT participate" in foolish competition games.  You can count me out on that front.

Lastly, I want to re-iterate the "Thank You's" to the community and the contributors.  We CANN and WE WILL!


Remember, You can catch more information or updates mostly on Twitter at @CannabisCoins so make sure you follow.


I am a patient, an innovator, and a believer.  If I could medicate the world, I would.  One patient at a time.

~DeltaNine
YES WE CANN

got 100k. Will stop accumilating for now.

Dr. Oz Puts Medical Marijuana in the Spotlight on World Health Day

April 7 is World Health Day, and television personality/health expert Dr. Oz has released a new video in recognition of "the most pressing items facing the medical world."

was just gonna say that!  definitely hope some of that CRAVE volume comes this way, no way I thought that was going from 17 to 28k in 4 hrs, crazy...

After every spike there were some selloffs , support shrinked and people started selling after a small retrace from the previous ath , but then support always came back and support rose another 900 sat , support came back , 12 btc to 3000 !

Also I think after many of the crave holders took profit the pump + the extra btc some people earned , might go into cann since it has realy good natural volume and a lot of momentum going for it at the moment.

Strange and suspicious silence here now, just like the calm before the storm...)))) Yes and wanting to buy after 3000 sat markedly increased...

holy crap, for once i agree with this guy right here

^^^^

Take it from someone who spent around $5000 in equipment total.  While I did have a lot of fun mining, it wasn't a very profitable investment.  I did mine about 3 bitcoins worth in 3 months when they were around $800/coin, but my power bill a month was about $400/month (mostly from my AC) - so do the math.  I will say that if you mine a brand new coin, you have a better chance of profits since most coins don't hit exchanges until the price has started to rise, so this is one thing to consider - although paying someone to mine a new coin is probably alot cheaper than buying the equipment outright.  Either way, good luck!

Let me save you some money, time and energy. Don't bother mining, period. Bitcoin, altcoins , doesn't matter. Unless you have millions of dollars to invest in a cutting edge bitcoin mine you're throwing your money away. I'm not saying it's impossible to make a profit, because sometimes the coin you're mining happens to sky rocket and that makes your mining worth it, BUT if you just bought the coins off the market you'd have made more. $1,000 worth of coin is going to pay out much better than $1,000 worth of mining gear and mining said coin. Allll just my .02

Edit: Mining was a total blast. I used a network or raspberry pi's as brains for the operation and it worked perfectly, not only was it challenging to set up, but it was suprisingly fun to have up and running. I felt pretty cool. But that quickly turned into sadness once I realized how unprofitable it is.

Hi Joe, welcome to CannabisCoin and the Yes We CANN community.

Your economics depend on how much you pay for power and the hash rate you can generate for that cost. At this stage people are still selling for what I consider ridiculously low prices and unless you have a lot of hash power for little cost then buying the coins direct is probably the cheapest option for now.

There are other considerations of course. You may want to help secure the network (very civic minded of you ). You may also be looking for the experience in preparation for when mining returns rise - for that to occur the exchange price rise has to be greater than the mining subsidy halving (approximately every 46 days) and with crops expected to hit the market that is virtually a given. Of course more people will want a piece of that action so mining difficulty will rise proportionately.

You can purchase hash rate from one of the various bundling sites, that is quite reasonably priced - just point it at one of the listed pools and start collecting coins. Bear in mind that the total number of coins generated per day is now down to ~13,500 (seconds per day / 42 second block time * 6.5625 coins/block) and that will halve again in the middle of May.

Best of luck and once again, welcome.

Ok... What if I pay somebody else to mine for me? Still not worth it?

Cheaper to just buy.

What is the best pool to mine CANN from?

Are they all the same or is there one that is better than the rest?

Im new to mining and would like to know which pool I should start mining with. Thanks.

One from the group speaking: I can fully support that statement! CANN has so much room left to grow (heh) and it was a 100% good investment.

Been hodling for 3+ months... so whats another couple of weeks ey?

4/20 is still 2 weeks away. Plenty of room for this thing to climb just on that.

CANN is going to huge places!

Not only is delta9 handling the medicine side.

@Joint Force will be accepting CANN for portable phone chargers in Vancouver Canada.
https://www.youtube.com/watch?v=vDzkr_pLlxc

I agree with you 100% DrMike. Cann is going places and anyone jumping off the train for short term profits is going to regret it. My group has been accumulating it for the past 4 months.