Holy cow NorCalNewbie707 on ben.hashers.ca jumping in with 50+ghs --and also donating to the exchange. KUDOS TO YOU miner of note! Yours is a heady pace we shall see who is equal to you. So far: You are the King.
Yes, he was a solid miner, but I think he's moved on to one of my other pools now as we haven't found a BEN block since the diff change.
Yeah, but there are only relatively few Benjamins so I am fine mining them. A lot of this is about adoption. And I don't see any of these other coins doing anything except wimping out their difficulty so as to increase their pool, but this is short sighted and I am not convinced any of those other SHA coins have any potential like Benjamins. I just have a good feeling about this one, the ghost of Benjamin Franklin seeks to bring prudence and long term thought to this sea of confusion.
So, can you guys think of any way to get merchants, to also be miners? Because with that sort of buy-in (500 bucks for a cube say) they then would also be building the TX muscles a bit bigger. People shell out big bucks for registers, so why not have one that serves as a register but also mines and facilitates the TX fluidity? I was a POS tech for a long while so I feel that devices are a big part of whomever succeeds in this. The one who makes the blockchain desirable for customers (merchants) is who will win.
We are going to be exploring POS systems in the near future once our online system is sound and functional and we find the right guy for this part of the project. For now we are generating QR codes that can be used how UPC codes are currently used. A customer or employee can scan the QR code with any smart phone and be sent directly to that item's payment page. Not ideal as a POS solution, but functional temporarily
We are also going to offer Paper Wallet Payments, as well, though not at launch. This will allow merchants to redeem payment in physical form, rather than electronically