Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Catcoin - Scrypt meow!
by
Nullu
on 31/12/2013, 22:08:51 UTC
Guys im actually scared that net hashrate is dropping, 0.8ghash already. Isn't it very bad for catcoin?

In theory the market can correct this because of increased demand due to decreased supply, which increases the coin's value and therefore becomes more profitable for miners, bringing back hashing power. A lot of miners just mine what's profitable, rather than speculate.