When we get asked this it usually feels like somebody trying to pump a coin.
At the moment I don't see any altcoins that have any sort of overall advantage over Bitcoin, so I don't see us taking a different direction with what we're already doing. It seems that most altcoins are pump and dump schemes, are they not?
At the moment I don't see any altcoins that have any sort of overall advantage over Bitcoin, so I don't see us taking a different direction with what we're already doing. It seems that most altcoins are pump and dump schemes, are they not?
I think many are. But not all. Most that aren't are actually PoS coins. So, you can't mine those.
Via and dare I say Doge (with digibyte) aren't really pump and dump. But, I'm not sure how profitable mining Doge is given the small price, although you do get 62,500 coins per block at this point.
Via is the opposite. It has a great value, like 40k sat right now after an IPO price of 6k sat a few weeks ago, but the block reward is 5 Via (every 24 seconds) at this point to discourage miners that just want to dump rather than support the network.
DarkCoin has the anonymous function that separates it from Bitcoin, but it is X11, so I'm not sure if you can merge mine that or mine it at all with ASIC machines.
Also, may people say Bitcoin is a poinzi scheme as well.
