Re: [ANN][NOTE]DNotes - LAUNCHED!!! - Cryptocurrency of the Future
The network hashrate has fallen by 75% of the past from days, from over 200 MH/s, to less than 50 MH/s
It's a little worrisome to me. My take is that the CryptoMoms release has created a lot of sellers from their giveaway coins, which has pushed down the price, causing DNotes to move down the rankings at coinwarz.com, which has moved miners away.
Idk, maybe dumb reasoning. But whatever the case, we need more miners. The strength of that network is the foundation for any PoW coin.
It's a little worrisome to me. My take is that the CryptoMoms release has created a lot of sellers from their giveaway coins, which has pushed down the price, causing DNotes to move down the rankings at coinwarz.com, which has moved miners away.
Idk, maybe dumb reasoning. But whatever the case, we need more miners. The strength of that network is the foundation for any PoW coin.
I vote we enjoy it! I've been mining since day 1 and these lulls in net hashrate are where I'll be able to make a killing from this investment. We have a developer who is committed to the long term potential of the coin and is using these giveaways as a means of proving that day in and day out. That makes NOTE a very speculative miner, which is contrary to what a lot of the big farms are looking for. They prefer to dump their currency at the end of each day, or at minimum the end of each week. This currency's shared stake concept goes a long way to prevent that mine and dump behavior (which is a good thing IMO). 50-100 net hashrate will have no problem facilitating normal functioning of the network though, so I say bring on the <1 difficulty mining for a while
