What are you thoughts on 50 million new coin mined each day?
1440 block a day x 35 000 coins a day.
looking at our hashrate. how many of them are holder and how many are sellers?
lets keep the discussion going ya'll
asics... will be gone soon with x11
I for one will be very sad when this ^^^^ happens. I got rid of all my high wattage GPUs and built a LOW WATTAGE ASIC farm and have been mining KARMA none stop. Not selling any of the coins I mine. So when KARMA moves away from SCRYPT, I will be forced to mine something else. I cannot begin to describe how sad this makes me.
I have to say... I feel like I am being punished for putting my faith in a coin, that actually succeeded.
From someone who preordered a $10,000 KNC Titan Scrypt miner months ago and might or might not get it in time to even ROI, I feel your pain and admire your loyalty. But in the end we have to do what will be best in the long run for the future of Karma. There is nothing wrong with mining other coins and buying Karma as we would be helping to take loose coins from weak hands and dumpers and securing them in our wallets. Another avenue I will explore is possibly selling my hash power from my asics to rentals and taking the BTC i get and buying Karma.