Re: [ANN] Pigeoncoin (PGN) – a cryptocurrency network with a new X16S (shuffle) algo
I'm sorry but when RVN came out it was the same deal, I was mining it before it was on an exchange and saw no mention of the overstock backing. I still support rvn 100% and still mine it but people are just bitching and complaining either because they have alternative motives to keep others from mining to keep the Diff low for themselves or they're just dumb period.
Thing is, when i started mining RVN at the beginning of february, RVN has been ongoin for a month or so with the same accusations of "no fair lunch". But in this month, most mining was done with CPU, GPU Mining happened the time around I entered the project. Nevertheless and following the accusations, I checked the RVN Explorer, top wallet back then had 2.4M RVN-coins with the project going on for one month! Have a look at PGN's top-100 List, after a couple of days now. Premine 1-2 days with GPU (which now is possible thx to RVN), and you're sitting like a god. Anyone else may start then with an already to high diff.
That said I'm going to mine this anyway for 24-48h, but I am quite sure, it never ever comes in the spheres of RVN, regarding the future of the project itself or returns moneywise. What happens on the 3.4., do they just copy the roadmap also, but check it for misspellings?
And after mining it now for an hour: no fluctuating power for GPUs, yeaaah, right. learn about plimit in the .bat file and you have the same small spikes with RVN. I'm off again but wish you all the best of luck with this one!