Topic: █ █ [NUT] NutCoin █ █ Season 01 Episode 04 █ █ - page 30. (Read 340961 times)

That looks nice, thanks a lot!

I know there are a lot of guys who are biased against ASIC mining, but I don't see it as any more a leap than moving from CPU to GPU mining, no matter how much we might like it to, technology is not going to stand still for any of us and whether it's a CPU, GPU or an ASIC, they are all just tools to do the same job with. I'd be willing to bet that blacksmiths were not very happy when automobiles replaced the horse and wagon. I think that all of us who are into crypto mining like to think that we are on the cutting edge of the future, well, it's my belief that cryptos as a whole are still a baby and there is a lot of growing yet to be done in so many directions, including coin evolution, algo evolution, market evolution and public adoption. It's also my belief that if we were to plot the life of cryptos as a whole on a chart, it's gonna end up looking very similar to a coin trading chart, I personally am betting bullish for the long run. All this being said, here is going to be my argument in favor of ASICs and a coin similar to, if not NutCoin.

- I am not totally sold on the scarcity principal as a means of spreading cryptos to the masses, because I have a hard time envisioning a villager in South America, Africa or Asia paying for a loaf of bread with 10 satoshi (0.00000010) of XCoin, I just don't see them being able to really work with that. I think a coin that will work more on the whole or on the centi (100) scale as every world fiat currency I am aware of does, will be much more adoptable by the masses.

- Then we have a dissemination problem, which is the actual spreading of the coin to the masses and the only way a coin that is mined can be spread to the masses on such a large scale is to first mine tons of them and this can currently be most efficiently done with ASIC miners on a mass scale such as mining farms, because even supplying 10 coins per person in the world would be a monumental undertaking.

- How to disseminate a coin to the masses? I've given some thought to this and I think that it could be done most efficiently by a corporation such as Coke or McDonald's. These two corporations are virtually world wide and they frequently run giveaway promotions. Coke has their codes under their caps that can be redeemed for goods and McDonald's has giveaways through promotions such as their Monopoly games. Why couldn't they do a coin giveaway that would be redeemable for product? The more product you buy, the more coins you get.

This is just some of my personal random thoughts, but in order to feed a hungry population with XCoin, we need a more efficient way of producing coins than our current GPU mining methods. I'm far from writing off GPUs for the long term, but first, we need to not live in the past, but live in the here and now with an eye out for which way to try to go for the future.

I do like it, thank you!!! 

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█ ★Nutcoin (NUT) █→ Now Live on: http://www.cryptocoinrank.com/Nutcoin

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Hope you like it! You can also display your Dev news just by creating two widgets and sending me the information like described here: https://bitcointalksearch.org/topic/annwwwcryptocoinrankcom-for-sale-for-sale-for-sale-579901

Enjoy

You can't stop technology

I know there are some purists won't like these because they are ASIC miners, but the price isn't bad for 8Mh of mining power in a PCIe slot. The one downfall is that they're not due to be available until July/August they've also got some more powerful miners that are stand alone units due at the same time: https://www.hashcoins.com/buy-scrypt-miners/buy-triton-miner/

+1

Cool!

Soon we will meet the next stage
S01E05 : The Guardian

The Guardian that should be guard the value for being pump and dump but before that they need more nut in stock. Keep farming.

we just hit the 100000 views! 

this was always one of the most undervalued coins out there.i like the name above most others.

Wow.. Its a very nice trick. Thanks, why i dont think that.
Damn, i miss the train. The giveaway price is taking lower

btw. NUT steady at 40 satoshi ltc and diff keep swinging from 0.6 to 1.x
Keep saving my nut for "the winter"

The other option is to go here: https://sharexcoin.com/

Open an account > Get a deposit address > Take your deposit address, put it into your signature line and get coins if they are still giving them away.

I just downloaded and cant open it. An error message just pop up.
I use windows x86 so i assume that win wallet is x64

There's probably an x86 version.

I just got 50k CC

Thanks for the tip Roulette!

Don't work with me. The windows wallet seem to be x64 and my os is x86

Haha protip! Just done it too. Nice one man.

hehe I was just doing that.

If any of you are interested in free CoffeeCoin, go here: https://bitcointalksearch.org/topic/anncfc2coffeecoin-this-coin-is-under-the-revivalcoingroup-management-596562

Download the wallet, put your address in your signature line and make a post. Payouts are based upon your BTCForum ranking, I just got 100,000 free CoffeeCoins. 

There's somebody on bitember mining with 12Mh right now, I doubt I'll be in second place very long. lol