Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ShinyCoin LAUNCHED new POW Algorithm NO ASIC/GPU
by
hashmaster3000
on 19/06/2014, 15:56:12 UTC
   "difficulty" : 0.00003052,
    "hashespermin" : 18,

Looks like initial diff is too high.
diff=0.00003052 => 131082 hashes / block.
If we've got 50 machines mining at 18 hashes per minute, the total network hashrate is 15 h/s
=> mining a block takes around 2.5 hours