51% attack is not so easy to be made. Dogecoin is based on brand new litecoin source so its not so like in "early" years.
It's a scrypt coin nothing else. If the price doesn't follow the hash increase miners will quit and those who aim at the 51% will remain , even mining at a loss until they make most of the hash rate
You don't need to throw 10 000 gaw miners at the chain at once , do it slowly and you'll manage the same with far less costs.
The question is , why do it at all?
everybody talked about 51%, but they don't consider why people would do this. indeed, you ruin your self while you conduct a 51% attack.
That's a paid app. The lite version has an annoying ad on top of the app the whole time, clearly contradicting Google's guidelines for Ads.
The lite version only tells you it is mining. Doesn't show hashrate, doesn't show sharerate... nothing, it could be just burning cycles with no-ops just for you to watch the annoying ad.
The lite version only runs when on foreground, unproffesional.
And worse than anything else, the app is closed source. I can't for the life of me support a closed source miner, they could be mining on their own address and you won't even know, because they aren't telling you your hashrate.
I'm deeply interested in this coin, but this miner isn't what we need right now. Uninstalled right away. And i have 3 android devices here screaming to mine.
Btw, i'm working on services paid with this coin. Even my serious business will start accepting GRS soon, i've already done the backend and have a nice frontend. I think we need more merchants accepting this coin.
good news. I have faith in this coin.
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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!