Post
Topic
Board Mining (Altcoins)
Re: BCN Mining
by
mrray
on 19/06/2018, 22:05:49 UTC
    Hello,
 Greetings!
               Approximately one year before when I started to mine Bytecoin(BCN) at that time the price was about 14 Satoshi per 1 BCN coin and the market was not much as these days.At that time I have curious about the mining and felt that gradually the mining rate was decreasing but slowly and after that new team was formed and got listed many trading platform its price rapidly increases about 32 Satoshi decreasing the mining rate rapidly.What I mean is when cryptocurrencies get listed in number of  trading platform and or get listed in large and standard well known trading platform obviously miners would feel safe and profitable to mine this coin and they definitely start to mine such coin.It happened  in the case of Bytecoin(BCN) mining too.So, when it got listed in Binance exchange platform the miners starts to mine BCN and the mining difficulties was increased rapidly increasing the miners and the result is reduction in BCN mining amount with respect to time.You can observe graph iof BCN with respect to time in the https://Coinmarketcap.com.I hope you will understand.Thank you.