Post
Topic
Board Project Development
Re: Looking for anti ASIC, GPU miners
by
CryptoCavern
on 14/07/2018, 20:01:33 UTC
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Let me see if I understand this... Your ambition is to create a for-profit company that creates hundreds (or thousands) of new coins, that are ASIC resistant, so everyone can mine them, but you will mine the coins that you create - for profit - and by doing so you are contributing to open-source?

Looks like I might not have been clear enough about what I mean by develop/incubate.

No, I am not planning on creating new coins, though I am not opposed to creating a new coin someday under the right circumstances.

Rather my plan is to mine and develop/incubate existing coins. Basically we would find coins that are fundamentally sounds but need improvements, for example a better wallet UI, we then go in and mine the coin using a portion of the proceeds to pay developers to make the improvements (better wallet UI in this example).

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How did you do as a financial risk manager, by the way?

I loved it, still do.