Re: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto
-Solarcoin price have to double/triple immediately?
-Mass miners left and solarcoin will die?
Nowadays with 1 mah/s and currently difficulty at 8, withdrawl is about 180 per day. Then will be 90 per day, resulting solarcoin as "rare crypto" if price will triple. If price remain the same, 99% miners go away and let it die.
We will see.
Mining isn't the only way to get Solarcoins
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The Mining Pool: 105 Million SolarCoins (0.1%) to be publicly mined over the next 40 years. All publicly mined SolarCoins represent historically generated and unclaimed solar electricity.
The Generator Pool: 97.5 Billion SolarCoins (99.4%) are currently stored in the OCA non-circulating generation pool account. These will be exchanged for proof of work claims of solar electricity generation submitted over the next 40 years at the rate of 1 SLR per MWh of solar energy.
The Genesis Pool: 500 Million SolarCoins (0.5%) are stored in the genesis pool account for environmental charities, early volunteers, advisers, builders and maintainers of SolarCoin infrastructure. Genesis pool circulation is capped so that it will never represent more than 5% of total SolarCoin in circulation.
The Generator Pool: 97.5 Billion SolarCoins (99.4%) are currently stored in the OCA non-circulating generation pool account. These will be exchanged for proof of work claims of solar electricity generation submitted over the next 40 years at the rate of 1 SLR per MWh of solar energy.
The Genesis Pool: 500 Million SolarCoins (0.5%) are stored in the genesis pool account for environmental charities, early volunteers, advisers, builders and maintainers of SolarCoin infrastructure. Genesis pool circulation is capped so that it will never represent more than 5% of total SolarCoin in circulation.