Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MEOW] KittehCoin Relaunch IS HERE!!!!
by
stompix
on 14/02/2014, 15:28:23 UTC
it wont be a miraculous cure but it will stop multipools from dumping a large amount of coins a couple times a day.

If the coins is profitable to mine , multipools will mine it. It's simple as that. KWG is just to prevent pools switching in and out and taking advantage of the difficulty.
But if the coin is the most profitable to mine , even with the increase difficulty , multipools will mine it and dump it.

If the coin is not profitable , you don't have to worry about them.


Yes I believe this is true, it wont stop Multipools to mine the coin if its profitable. But I think we do need more regular miners to mine this coin otherwise we still wont find many blocks. Am I right? I must say I dont fully understand KGW in how it works. Anyone have an idea on how big the Kitteh community is? 1000, 5000, more??

Then why are you bringing KGW into a discussion as the reason for the price to go up ?

Besides, it doesn't matter how many miners are there , there would be the same amounts of blocks found. Bitcoin has run perfectly fine for months with only a few persons cpu mining.