Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
PilotofBTC
on 18/07/2014, 18:11:03 UTC
Can someone explain me, why would you mine this coin before 10k block?

It is pointless to mine right now and if prices don't change vs what the block reward is, it will be a waste to mine when block rewards start.

I rented 50MH of rigs yesterday for .03 BTC and currently it shows .018 VIA unconfirmed.  I got 200+ VIA yesterday at 9k satoshi for .018 BTC.

Sooo... people should stop selling below the prices miners need to make a bit of money. That helps two things, the coin, since we need miners or there is no network. The price, because well, the price will be higher, which will attract more buyers to the coin.