This coin seemed really good at the start. The ASIC guys pounced on it and mined the hell out of the 1 - 133 blocks. Maybe the developer abandoned the project because of those ASIC guys. You can't be developing a coin which another person has more of of it than you. He can chose to manipulate the market at will and ruin all your hard work. When I read the specs of the coin from the beginning, I foresaw this happening and stayed away from the project. Same thing is seriously affecting AERM. All the coins that has huge rewards for the first few blocks will only attract miners with huge hash power at first but they can also kill the coin at will. I hope we all learn from this
you do realise that the ASIC guys have NOTHING to do with it. you do realise that the massive hash isnt by some single guy with 500 L3+. It is RENTALS that kill. when people can rent gigahashes of power for no money at all.
and in the end the hash on the coin was HUGE on launch I am talking rivaling fucking litecoin. that is split between a ton of people. XIOS's launch was so hype. this wasn't a single person getting all the coins. hell I was there too barely juuuuust getting 1000 coins after a day with a single ASIC.
Nicehash is what kill coins.