Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XBR] bitcoinR (bitcoinr.org) | Quantitatively-Flexible Reserve Currency
by
fancywarlock
on 21/05/2020, 13:01:39 UTC
I just have a question. We see every coin can be mined on laptop and PCs in initial days but once it finds a good price, its complexity increase and we need expensive miners to mine that coin or we can say reward on PC goes too low that we need more PCs/laptop to mine the coin. Whats your future plan, the complexity to mine bitcoinR over time will increase with its value or not?

This is a good question and one that is difficult to answer without making promises; so what I will do is present data so one can make their own inference:

Yesterday the bitcoinR network eclipsed the hashpower equivalent of Bitcoin on November 1, 2013 (3582 TH/s).   On 1-NOV-13, the value of BTC was $198.51.

You can verify this here on the bitcoinR Block Explorer.

We are approaching AML/KYC compliant exchanges soon so we can list.  The first quantitative easing / tightening function to attempt to stabilize to our target price is 1-JUL-2020, so we would ideally like to be listed prior to that time.