Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bitcore - BTX - SEGWIT - BLOOM - ONLINE - CORE 0.14.1 -18710+ BTX Claimed
by
minestro
on 03/07/2017, 14:13:15 UTC
trust me. a little miner (like me) got only 0.1-1 BTX in 1-2 weeks...
so what is the sense of it?
they can mine other coins and than excanging for BTX. (it's cheaper and faster)
and real miner with many MH/s-GH/s won't die for that and they simply can move balance every X days.
if you want to cut out exchanger and unfair people i am sure this will be a nice solution.
we could make a voting. and i am sure that little users will agree with me (and i am sure also bigger users)

for who think i say this only for my own interest consider that i'm a medium user with a medium balance
i tried mining btx (with medium devices) and it was a waste of time/money.
i am getting more btx mining Aeon/Xmr reselling them for BTX so i know what i'm talking.
and in this way you increase the exchanging request because people want to store much more coin possible.
Ok, this is really damn small. I thought from my perspetice with 1 x GTI 1080 Ti in my gaming rig, with 2 days ago about 4-6 BTX, as a little one Smiley At the moment it's only between 1-2BTX and I'm back to mining multialgo because it's way more profitable.
With the thresholds set to 30 BTX and 14days, I could nearly never take advantage of the interests. So my idea was that your thresholds would scare let's say medium miners away. If I can mine the coin directly as profitable as others I like to take that road because no need to hassle with buying/selling. As long as there is not anything as simple as shapeshift.io (or any service alike) to change to btx for a reasonable price, hence by trading you normally lose money Smiley
But ok, this is quite more specific to the attractiveness of mining itself. At all I favor your proposal of of giving away interest for every account above X.

There must be a lower limit because at some point the transaction fees are eating up your giveaway, I think.