Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
by
porcupine87
on 16/03/2014, 19:00:16 UTC
I don't really get what this pool does when there is only POS?

It mines alt coins ... buys BTC with the alt coins .. then Buys BC with the BTC. So it's feeding sold BC back into the stake holder's hands while increasing the value of BC.
This is the most inovative mining idea I've ever seen! Do you know when the pool will be up and running again?

ah cool. But what is so innovative about that? This is just one step further to a normal mutlipool like middlecoin...