Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SnapCoin relaunch PoS PoW X11 - Masternodes - Stealth - Encrypted messages
by
notsofast
on 20/12/2016, 22:04:25 UTC
There's simply zero incentive to secure your network via PoW, with that level of premine imbalance. It's not worth it to grind the equivalent of a thousand blocks to get a masternode.

Well, miners are mining (2,255.809 MH/s) as we speak: https://snap.maxminers.net/index.php?page=statistics&action=pool

It's speculative launch mining. I don't think that level will be sustained. But I wish you luck.