Post
Topic
Board Announcements (Altcoins)
Re: [ANN][EMC2] Einsteinium | Funding the Future With the Future of Currency
by
Määänsch
on 19/03/2014, 18:45:44 UTC
The reasonable way to rise more funds for the fundation, without rising the mining percentage, would be to set up an official EMC2 mining pool with fixed fee. If miners would like to donate more, they could mine at this pool and moreover if someone would feel more generous, he/she would be able to set laso a donation from mining in addition to the fee. I think it's the simplest way.

Sounds good to me but miners at that pool would always feel like getting less coins per hash/s than miners at conventional pools (they WOULD actually get less). If it would be a fixed higher percentage for everyone it wouldn't really make you feel like getting less of the cake. Aurora is 50% premined. Thats huge and still accepted by the miners. Even though nobody really needs a country specific coin at all in my opinion.

Lets assume the emc2 is 1000 times as much as right now as we get to epoch 17, so according to coinmarketcap.com it would be 1.7 $. Lets do some simple math with it:
32 coins per block
36k blocks per epoch

that makes 39168 $ per 25 days for the foundation. If that's enough or not I can't decide  Grin