Quote from: keyco on June 20, 2018, 10:50:47 PM

Quote from: iPool.pw on June 20, 2018, 03:11:25 PM

Why mining is switching off for keyco?
bsod delisted it.

Having analyzed the situation with the mining, and after having communicated with the community and getting the feedback, a decision has been made to shut down the official pool mining to prevent the solo mining using the new updated high-efficiency equipment not available to the majority of the mining community. This will allow stopping the leakage of coins into one pocket to prevent it from manipulating the exchange rate.

Due to the fact, that this high-end equipment has dramatically increased the network difficulty, the immediate shutdown of the pool will result in the blockchain freeze for a lengthy period of time, due to the necessity for the algorithm to rebuild and to search for a block of the similar difficulty.
It has been decided to setup and launch a private pool to do the official public pool shutdown smoother and to gradually lower the network difficulty.
All the coins mined at the private pool will be given to the community in the form of bounty rewards and will be used for paying for ads views in the KEYCO bot (rewards for viewing ads in the bot will go up). The private pool associated address will be given to the public for transparency and control on the side of the community. In a few days the difficulty will go down considerably.

We are open for the dialogue with our community!
KEYCO Team

add option PoS!