Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!
by
Ruckster2010
on 25/06/2014, 02:02:19 UTC
I thought I might add my 2 UTC worth with this line of reasoning.  My disclaimers include that I have been mining UTC since day 1, I am not a large miner and I am mining on the multipool.  The multipool is currently buying up about 18,000 - 25,000 UTC a day.  Based on a 15 coin block every 30 seconds, UTC generates 43,200 per day.  I do realise that there are many more coins for sale out there, however, if the multipool were able to buy up 70,000 - 100,000 coins a day, we should start to see an uphill swing in the price.  As it stands right now, if every miner sold what they mined, we are not getting ahead.

Thoughts are welcome.