Re: [ANN][VTC] Vertcoin - Adaptive N-factor in Scrypt - No more ASICs
VTC maybe is Asic resistant for now, but surely multipools can pick it up. You just change name of .exe file to cgminer and cgwatcher can handle it, so why multipools wouldn't be able to?
Anyway it's the first coin I mine and hold and hope for great future!
Anyway it's the first coin I mine and hold and hope for great future!
AFAIK the reason why its not profitable for multipool is that the difficulty changes every block.
Multipools hop on "easy" coins to make profit and leave as soon as difficulty changes. But VTC difficulty would change instantly. compared to LTC which would take ~2-3 days
You are not right..I saw multipool mining many times coins like Lotto which also have 1 block diff retarget..At the moment VTC is 2-3x more profitable than doge, so they would mine it for 24h (or whatever profitable period until they kill any buy supply down to non profit level), dump the shit out of it and come back in a week or so for another portion
truth is that this coin is the HARDEST to mine for multipools but just don't say it's multipool resistant because it isn't.It being harder to multipool mine is what resistant means. No one is saying it's impossible for multi-pools to mine, just that it makes it harder.