Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) | Logo Contest
by
girino
on 12/11/2014, 04:13:29 UTC
Why would he release the miner when he owns more than half the network hash rate...? Out of sheer good will and honest intention towards the community?

because if he is the only one holding most coins, the coin will drop its value and he will never be able to profit from his miner. Best way to profit from a GPU miner is to mine for a short while, then release it and wait for the coin to raise prices again before selling.