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
Regards, cryptohunter! You've just bring a big man here. Hope this coin get back soon
btw, thanks for your support, Soopy.