Re: [ANN][SLR] SolarCoin - PoW reward for solar energy

Question. Am I correct in understanding that CryptoPoolMining effectively has over 90% of the network hashrate for this coin? Isn't this a BAD thing? I'm familiar with the possibility of a 51% attack with BTC and other crypto's which has prompted me to ask. I really like this coin, but having all that power in one place really seems like a bad idea.

But there is no incentive to switch to a smaller pool where the payoff takes a lot longer. If one of the other pools could have a block finder's bonus or some other bonuses, then maybe it'd be worth switching.

The nice thing about mining this coin is that the majority of the other miners are all holding their coins rather than dumping. If any of the current altcoins take off, this one has the most promise!

Yes everyone is holding cause this coin will be huge the next btc also I wonder how many coins are left to mine

Of course , and just like the other coins that.... upsie .. failed to do that.
You talk like that about a coin you don't have clue about?

I was thinking about this coin and it's potential today. What makes sense to me is that two things are required for this coin to "really succeed":
1) The majority of Solarcoin holders should be not be miners (most miners seem to just want to make a quick buck).
2) Merchants need to accept it as a form of payment (obviously).

So this makes me wonder: How long will it take before about 50% of the Solarcoins are owned by Solar-power producers (assuming these people keep their coins and don't dump them)? Anybody have any thoughts on this?