I hate to say it, but this coin is on it's deathbed.
As I'm writing this the Net Hashrate is 0.06 GH/s. That is incredibly bad; there is no way in hell we can secure the blockchain with such an incredibly weak Net Hashrate. A single solitary user with a GPU farm can effectively 51% attack this coin and own it at any given time unless we start getting more miners onboard pronto.
I had hope that Beecoin would at the very least become a stable coin but it's not looking good.
As I'm writing this the Net Hashrate is 0.06 GH/s. That is incredibly bad; there is no way in hell we can secure the blockchain with such an incredibly weak Net Hashrate. A single solitary user with a GPU farm can effectively 51% attack this coin and own it at any given time unless we start getting more miners onboard pronto.
I had hope that Beecoin would at the very least become a stable coin but it's not looking good.
It is now looking VERY GOOD. It has been stable at the 100-80MH rate for a while now. Check again, it may drop to 60MH now and then but mostly when i check.... and i check a lot it is running just over 100MH.
Yes we need to aim to have beecoin running at 1GH within the next week or two. However, building up from here steadily is the target.
A new dev is looking into adopting BEECOIN.
Also i have been talking to some others who are going to get a new beecoin website done, and bring some new services to this coin.
This coin is going to be doing very well in another few weeks time. I would recommend buying beecoin now. It will soon be a LOT more expensive once we get back on track here.
Also as soon as the new dev comes on board i will be doing a few promotions for this coin
I never see the network going much under 100MH... that is not too bad considering the amount of new coins out there.
BEE positive
Hello Mate,
Got your pm , I'm working on a plan to get this coin back on its feet , will send you a PM shortly.
Cheers!
Soopy
I have bought about 40 million bee so far. This coin is very cheap and easy to mine. If we have a new active developer and also we will contribute to the saving the bees fund i will mine or buy nothing else.
I have been solo mining this coin for 2 days and i have some blogs getting a few 1000 visitors per day. As soon as i know we have a stable dev and secure coin future i will be posting this on all of those blogs too.
So far i have advised 3 other people at my office to invest in btc and ltc. I think it is time soon to get some people into beecoin. If only $50 each worth of beecoins.
My friend is a web designer so i can get them started on a new beecoin website on monday.
That's great
nice to see people getting beehind beecoin The dev vanishing and having no leader for the community has done a bit of damage. However with a new dev to take over with some funds to spend on project there could be some very good things ahead for beecoin.
Blog advertising is a great thing.... although perhaps best to wait until we have the 2% beecoin fund set up because a lot of people do not realise the serious problem the decline in the bee population can create for human kind. Once we have that fund going we can promote beecoin and also highlight this bee depletion issue.
I would help to donate for a nice new website too.