vASIC prices are all 25% reduced till July 21st.
They seem to be the same price they always were.
Yeah.. i just checked it.. they SHOW the same price, but buying them is cheaper than regularly. My bad *changing this*
This is interesting as a concept and I hope it does well.So this is like:
1.Buying a 'virtual' mining rig which you then buy with BTC
2.Then buy virtual upgrades in hashpower to mine more coins.
3.You then exchange these coins for BTC/another currency.
If I understand correctly and explain this in a simplified manner,the steps I wrote above shoul more or less reflect what you're doing in this 'game'.
Thats the most basic idea.
The whole Virtualminer idea started back when Ixcoin, I0coin, Tenebrix, Fairbrix, Soiledcoin etc started. I was rather tired of this game that everyone needed to spawn his own little Bitcoin clone in order to test one or two features.. so back in the days Virtualminer was more aimed towards simulating a BTC like chain with somewhat changed parameters (payout, blocks till diff change etc). Within a short time very very early testers (Aug 11) found this to be rather a game then a simulation and since then i followed that idea and kept writing a game out of the main idea.
There are pros I see in this:
1.You don't need physical space to store regular mining rigs that physically exist.
2.No need to use electricity at your end so no utility bills for mining.
3.No noise and heat as this is hosted elsewhere and virtualised.
4.No need to constantly tweak and struggle with miner settings as this is all standardised (from what I can see) when you buy an upgrade.
5.You can still make BTC/alt currency while doing this.
That was yet another idea of having a total virtual cryptocurrency... for mining i0coin (e.g) people always removed physical mining power from the bitcoin blockchain and also chance was higher a newly created altcoin could get killed off by only a small amount of users. Therefore this total virtual approach
The only con I can see is that you need BTC initially to start off with but it's easy enough to acquire (buy at an exchange,mine them normally for we short while,offer services/products,etc) but that's kind of obvious since nothing is free without a catch.
Well... yes. You need BTC initially to start competitive playing - but the reason for this is simple: if people dont invest money, how should they give value to the chains? In real life you have to invest in mining equipment as well. If mining was completely for free Bitcoin had no value (in my opinion...). So this game bases arround the idea that users have to pay a little something in order to give them a feeling of "a coin has value". I have tried to strengthen this now by allowing to buy shares of the game with virtual coins, so users get real BTC for something they buy with virtual coins.
And thats one of the main problems with the game: with about 280 users there is still only a low amount of players who really invest time, and money and really try to make the chains work with some real value. Unfortunately the volume is so low that it is still cheat prone (sell a few days your own coins to yourself for a few BTC and you have the best selling chain) but i hope users can control that... at the moment the market is quite self regulating and i hope it will stay that way.. and of course that more people will join of course
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By the way. There was a short downtime between 2am and 9am today morning (CET) when the database somehow died.. nothing was lost though and the game continued normally.
