Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sterlingcoin (SLG) - 100% PoS | Version 1.4 | Services & Merchants
by
BitcoinFX
on 11/02/2015, 00:50:18 UTC
I thought the whole idea of the multipool would be to pay out solely in slg Huh

Well the effect is still the same as long as the miners who are part of the Sterlingcoin community mine at Cystum, then the Sterlingcoin price will be supported*. However the work done on the multipool and the way it functions would be wasted if it was simply used to mine coins and payout in Sterlingcoin. By supporting multiple coins for payout we will attract more miners, interest and in turn we hope the awareness of Sterlingcoin is raised and more people wish to be paid in SLG and to be a part of our community. Cystum also provides a fair and safe place for people to mine with the assurance of having public developers with trusted previous work. Cystum could be the answer altcoins are looking for to go against pools such as CleverMining and other such multipools that mine profitable altcoins and dump out for BTC.

*Dependent on hash and other varying factors

Great idea, with hopefully a great outcome. Cheers all!

Yes. Good move to get more folks mining in the multi-pool. Payout options for established PoS only coins is the way forward and will also be advantageous for the pool.

Adding payouts in Mintcoin could certainly get the pool hash rate up.

Perhaps even the new-ish PoS gamer coin GoldPieces might also make for an attention gathering addition ? - It's PoW phase was less than one million coins and PoS blocks reset after staking, which actually makes the 500% PoS rate rather interestingCheesy

...

Anyway, very much looking forward to mining some more SLG at Cystum multi-pool.  Cool