Re: Vertcoin | Scrypt N | Beat ASIC | Stealth Address | Vertlet for iOS
Quote
Until this sell pressure is neutralized, this pool and VTC itself needs more hash power.
I understand the developers are working on possibilities to fend off multipools like WafflePool. In the meantime, the VTC will continuously get massively sold and this is the only countermeasure[/size]
I understand the developers are working on possibilities to fend off multipools like WafflePool. In the meantime, the VTC will continuously get massively sold and this is the only countermeasure[/size]
Pool Stats: Hashrate: 716.18 MH/s | Current Round Duration: 00:06:43 | VTC per MH/s per Day: 0.76 VTC
How about that?
I'd say we would need about 3-5 GH/s X11 to overwhelm the sell pressure.
well we got 1GH/s in 1-2 days so i guess it is possible
Seemingly, yes. As long as this influx of miners continues to switch to greenpool.tk, we should begin to overwhelm wafflepool and reduce their sell pressure.
Nscrypt miners in wafflepool should also be aware that mining VTC is not the most profitable way to buy BTC.
It seems strange to promote X11 to support VTC...
I honestly don't understand why there are miners on the Nscrypt multipool.
X11 is simply a different algorithm. Heck, the devs have plans to switch to an improved one themselves. It's not like we are supporting another coin directly, hoping to catch some wind. =P