Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto
by
corather
on 19/03/2014, 01:16:31 UTC
The majority will not be miners, only 1% of the coins are mined. Ideally the majority of the coins will be held by solar producers, investors, merchants. Although if you consider attaining them through the granting process mining, that's a fair assumption also.

Yes, but for now, the majority of holders ARE miners. When you think the tide will shift so that the miners are the minority? 6 months from now? 6 years from now? Any thoughts?

Well the granting process is in the alpha stage and I'd assume it'll hit a stride during beta. Once the beta staging is over it's only a matter of time before the literature is published and the grant awareness takes off. There is a lot of buzz however. People tend to like grant money even if it's not worth much in the beginning, free is free.

When you say? I'd give it 2 years before we see significant grants paid. Although keep in mind also according to the foundations rules, only 5% of the grant coins will be released by the total number of mined coins.

edit: something like that. Someone else want to make that less confusing and more accurate?