Post
Topic
Board Altcoin Discussion
Re: [ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools
by
Isepick
on 27/08/2011, 15:20:19 UTC



I think there is still a growing trend amongst miners to shift to SC, despite momentary fluctuations by the speculators. Even at current prices it is still far more profitable to mine SC. And a relatively minor correction in price is to be expected. 5 days ago it was trading at .0011, now it is trading at 1800% higher. That wasn't a crash, it was a correction, and there are far more Ghash being thrown at SC than IXcoin and I0coin combined ever had. Just b/c someone with a few thousand coins does not have the intestinal fortitude necessary to see things through does not mean the whole market is crashing.

Miners are voting with their Ghashes, perhaps they like this fork with its twice daily difficulty adjustments Wink

Edit: and at current difficulty (16,819), the exchange rate has to fall below .009 before mining SolidCoins is less profitable than Bitcoins.

Re-edit: parity is actually at 0.01455053 (thx Navigator)