Author

Topic: network speed? what does it mean? (Read 466 times)

hero member
Activity: 798
Merit: 1000
June 01, 2014, 12:14:22 PM
#8
if the new coins comes out, what kind of stats am I looking for?

What do you mean? Do you mean to see if the coin is good?

yes, that is what I mean.  Grin

Well, all coins start with a low hashrate, but if it's a lot, then it means that others also like the coin and are mining it.
What you should look out for is that there is as less premine as possible, and that it has something that is actually new.

so it has to be new, no ipo and no premined.

Preferably no IPO and no premine, but that's just my personal opinion.
If it's something that actually contributes to the world like PrimeCoin, that would be great. If there's nothing new and it's just copied, like YinYangCoin and many others, then it's rubbish.
sr. member
Activity: 420
Merit: 250
June 01, 2014, 11:24:45 AM
#7
if the new coins comes out, what kind of stats am I looking for?

What do you mean? Do you mean to see if the coin is good?

yes, that is what I mean.  Grin

Well, all coins start with a low hashrate, but if it's a lot, then it means that others also like the coin and are mining it.
What you should look out for is that there is as less premine as possible, and that it has something that is actually new.

so it has to be new, no ipo and no premined.
hero member
Activity: 798
Merit: 1000
June 01, 2014, 11:21:06 AM
#6
if the new coins comes out, what kind of stats am I looking for?

What do you mean? Do you mean to see if the coin is good?

yes, that is what I mean.  Grin

Well, all coins start with a low hashrate, but if it's a lot, then it means that others also like the coin and are mining it.
What you should look out for is that there is as less premine as possible, and that it has something that is actually new.
sr. member
Activity: 420
Merit: 250
June 01, 2014, 11:14:20 AM
#5
if the new coins comes out, what kind of stats am I looking for?

What do you mean? Do you mean to see if the coin is good?

yes, that is what I mean.  Grin
hero member
Activity: 798
Merit: 1000
June 01, 2014, 11:11:20 AM
#4
if the new coins comes out, what kind of stats am I looking for?

What do you mean? Do you mean to see if the coin is good?
sr. member
Activity: 420
Merit: 250
June 01, 2014, 11:10:43 AM
#3
if the new coins comes out, what kind of stats am I looking for?
hero member
Activity: 798
Merit: 1000
June 01, 2014, 11:08:08 AM
#2
Network hashrate means the hashrate of the entire network.
Mining at what pool shouldn't make a difference in the long term.
sr. member
Activity: 420
Merit: 250
June 01, 2014, 11:05:47 AM
#1
what does network speed really mean?

what does it mean if I mine a pool less than 1 GH/s net. speed or more than 1 GH/s?
Jump to: