Post
Topic
Board Altcoin Discussion
Re: Seeking miners to help secure Betcoin cryptocurrency
by
wheelz1200
on 29/09/2022, 22:35:32 UTC
As long as this token is only traded on one Pancakeswap, it will never gain much popularity or reach. What's the point of mining a token that's hard to sell and doesn't have enough liquidity? In the crypto sphere, the uniqueness of the consensus model alone is not enough. Mining is a means of making money, but in this case we can't talk about any earnings, because the coin is not supported by anyone or anywhere and has no strong investors.

Yep classic chicken or the egg situation.  You need to have good liquidity before you can get a strong mining community behind it.  Why would anyone with scrypt asics move away from mining litecoin and side mining doge to move over to a coin with no way to sell out and at least recoup your bills.  Work on getting exchanges and volume then you can see more hashpower incoming.