Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CAGE] CageCoin - Powered by Nicolas Cage - COINEDUP - Back from the dead!
by
Robiin
on 03/08/2014, 07:04:26 UTC
The coin is dead?
There is no exchange for it?  Huh

No blocks are being minted so transactions to/from an exchange won't work anyway.

Difficulty is at 26.53574592 and will stay that way for nearly another 200 blocks (difficulty isn't adjusted per block). Looks like there was a large difficulty adjustment, making blocks too hard to find. A bad situation for sure, made worse as more miners give up, and then the chances of the network finding a block become even less probable.

We're supposed to be generating one block per minute - so far over 44000 minutes have passed without a block being found.

It's late here so I may be miscalculating, but I believe that at current difficulty you'd need just under 2000MH/s to get the network back to minting one block per minute. Is that going to happen? Maybe in a year or two when the standard scrypt ASIC is measured in 100's of MH, or GH... but for now, you'd probably need 500+ average miners to all jump on the coin simultaneously to get the network moving again.
maybe it's a good idea if somebody could make a new coin instead of CAGE.
Or just don't make any shitcoin with no innovation at all?
you can't stop this, because so many people want to get rich so they glad to make shit coins to make money.