Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MIN] Minerals - X11 POW/POS Cryptocurrency for StarCraft fans. No premine.
by
merc82
on 12/06/2014, 05:17:44 UTC
Multipools problem?
There will be no multipools as all pools are operated by us - no dumping of coins and no messing up with the network difficulty.

Solo mining?
In order to avoid potential ASICs and big farms from dominating the coin network there will be no solo mining.

Big farms/ASICs?
Hashing power of each worker and IP will be limited to not more than 50 MH/s (see the poll) by limiting the number of shares that a worker can send to the pool per unit of time.

How do you achieve all of this?
The only way to avoid Miltipools, ASICs, big farms and third-party pools is by not providing the wallet and the source code until after the POW stage ends. The source code will be provided to exchanges which will be operational from the start. Moreover, to remove any doubt about the validity of the coin and it's source code third-party experts will be given the sorce code for validation and checks. The wallets might be provided before the end of the POW stage.

How to receive mined coins?
You can use the exchange or keep your coins in our pools until the wallets are provided.

Solo mining is how many people survive in crypto. ASICS? It's X11, get real. Multipools? If your coin cant survive multipools it fails anyways. A lot of successful coins have released and were mined hard by multipools. Hashpower HELPS your coin.

Good luck with your coin, but I'll definitely not be mining it.