Post
Topic
Board Mining speculation
Re: Over paying for hash power, why?
by
DaveF
on 01/05/2020, 13:53:52 UTC
The high price was because of shitcoin btcv. People were mining this coin, paying high prices and still making a profit. Everyone was dumping this coin on coineal and liquid exchange.

Btcv dev didn’t like this and made changes so only certain address could mine lol.

https://github.com/bitcoinvault/bitcoinvault/commit/4493cc16a5665d24109d211846f345c3e7314be6

I guess that is part of the issue with a ton of SHA crap coins out there. You can check the big ones for hash spikes, but to check all of them is going to be a full time job.

I have seen other coins try the same "you must mine at our pools" thing. Did not work out.

-Dave