Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Announcements (Altcoins)
Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.3 | DarkPP/MinerPP/CoinPP | ZeroTime | UPDATE
by
haggis
on 02/09/2015, 16:05:51 UTC
Quote from: dygus on September 02, 2015, 01:29:12 PM
Quote from: haggis on September 02, 2015, 10:16:02 AM
Quote from: EmilioMann on September 02, 2015, 09:33:57 AM
even with the reduction of the block reward I still think that the number of coins created per day is very high.
The dump will be greater after the FPGAs are widely used.
Why should the "dump" be higher? Even if billion of FPGAs are used, the total amount of mined coins will be constant and decreased with each block reward reduction.

Yes, but electricity costs will be much lower with FPGA than GPU, so miners will be more willing to dump
The cheaper the VNL mining costs the more miners will mine VNL. At the end nothing changes and the earned VNL per Watt will stay the same Wink