It's CPU-friendly coin, sounds interesting. My question is, has Yenten still been profitable for miners? If yes, I will definitely join the party. Thanks all.
the profitable equation only makes sense if a miner could sell all the mined coins on an exchange, and I don't believe there is enough volume on coinmarkets to do that. So if you mine 10k coins and you try to sell them then it certainly is not profitable because you would crash the price. That being said if you want to have10k coins then you need to mine them because there are not enough sell orders to fill your buy order, which means we're still in the stage where mining is the only way to get a large amount of coins and your "buy" price is simply the electricity price and there is no stable market price. so miners are basically speculating at this point because they'll have to hold their coins until market volume picks up.
my only concern with this coin is that it takes up 99% of cpu power when only the wallet is running and even when it is not syncing. is this normal? i would like to know.