Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
explorer
on 15/03/2018, 23:03:00 UTC
If the ASIC miners were mining for quick profit they may have consumed a lot of buy pressure the last 6 months by selling as they mined it
If more "holder types" mine Monero after the fork  it could change the price a bit, less than 5 XMR reward for each block now. The asics could have been taking up to half of available mined coins

Or they hodled their monero with plan to pump it like bitmain did with bitcoin cash and then pasted their bags to others to keep them for long period of time...Really currious to know how many xmr was mined with those asics,anyone did the math already?

Without looking anything up,

100 days x 24 hours x 30 blocks/hr x 5 XMR=360 000

I'm on a boat, with too many distractions, so that may be fucked up...

Damn, there went my last paper wallet overboard!   Now see what you've done!