Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Flirtcoin [FLIRT] - Pre-Launch Announcement
by
1RuneKing
on 14/11/2014, 20:53:26 UTC
Why SHA256 and so many coins? What are the arguments Huh
You'd have to ask a dev, but my guesses would be these:

1: People may have ASICs layin around that are no longer profitable to mine BTC with, so they can't mine and they can't sell them. This way those people can have something new to mine with those ASICs.

2: Does it really matter how many coins there are? As long as there's a cap it really shouldn't matter as inflation can only go so far. But perhaps it's so that they can have a large block reward?