Quote from: RagnarKnarf on January 21, 2018, 05:23:41 PM

Quote from: highwaysq on January 21, 2018, 04:02:49 PM

Quote from: RagnarKnarf on January 21, 2018, 03:38:49 PM

Can somebody explain why we need price reduction? I think better can be when yenten go back to 1 dollar +

As someone explain here, the price are now to expensive, and need to be corrected (around 0,01 - $ 0,04).
Actually a lots of miners losing interest to Yenten and moving to more easy coins.

I think nobody still explain why is low price better..
Actual network hashrate is: 4.5 MH/s
My 24/7 hashrate is: from 1.5 to 2 kH/s

I think hashrate was about 10 MH/s fue days ago and many more peoeple mined yenten when it was about 60 or 80 cents +
I think here was just some time one guy with supercomputer 1.4 MH/s and he stopped mining.
Actual price acording to coinmarketcap is 25 cents and it still going down.....

I think YOU say something like this:
When price drop down to 1 cents, more humans get interesting in yenten.
But WHY? There is so many cheap coins.... When price drop to 1 cents i think bigger chance is to death for yenten, becouse nobody want mining with big - in electricity. I would like to have 50 MH/s and 5 dollar price then 1 MH/s and big - in cash for electricity.

A small price - the top miners will leave
others will get more coins