Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SCRYPT] Klondike Coin, Join the Goldrush! ★Kimotos Gravity★ [Coinedup!]
by
jsteelbeam
on 10/02/2014, 06:22:07 UTC

If i'm not mistaken then ONLY 110880 coins are being mine every day, that is at current level ONLY 7.76BTC!!! This is NOT a lot when you compare it to other coins...


For those that think 110,880 coins per day is a lot.

     14,400 HBN
     28,800 LTC
     48,000 ICN
    110,880 KDC
    152,279 WDC
  1,440,000 USDe
 11,520,000 DGB
 14,400,000 EAC
720,000,000 DOGE

the number mined per day compared to the total coins.... its still a LOT!!!
0.00012% per day HBN
0.00034% per day LTC
0.00555% per day KDC
0.0009%  per day USDe
0.00054% per day DGB
0.00106% per day EAC


Spot on
Look at the ratio

It doesn't really matter how many coins per day or what percentage there is... it really only matters what you can do with them.  Mining 1 coin worth 1,000,000 satoshis or 1,000,000 coins worth 1 satoshi, it really doesn't make a damn bit of difference.  And that's what matters - as far as Klondike goes it still is one of the MOST profitable coins out there and has been since it has been introduced - consistently in the top ten in daily profitability for mining per megahash.

Yes, it is CURRENTLY profitable for you to mine because people are/were buying KDC to this point.  If the above numbers are correct, then approx 500% more KDC (as a percentage of the total supply) are being mined than the next coin in that list.  Right now it's investors and the buy-and-hold miners who represent the buy side of the market, but it appears that they are starting to run out of BTC to throw at KDC.  

The investors face 5x more pressure to buy than the next coin's investors.  This accelerated scale affects the devs, as well.  The KDC devs have to push out tools/websites/partnerships to make KDC useful to conduct commerce 5x quicker than the next alt coin devs.  It is a very interesting situation.