GoldCoin Talk

Main Category => GoldCoin Discussion => Topic started by: tadspoles on June 26, 2013, 09:34:51 PM

Title: Mining
Post by: tadspoles on June 26, 2013, 09:34:51 PM

I mean...come on!?!?

100K goldcoins a day??

Title: Re: Mining
Post by: Stouse49 on June 26, 2013, 10:30:23 PM

I wonder if that miner is selling.

More importantly, perhaps, is that this one miner has too much hashrate vs. our total network hashrate as does the pool.

Title: Re: Mining
Post by: tadspoles on June 26, 2013, 11:10:34 PM

I had to switch to that pool because the other shut down.

Title: Re: Mining
Post by: AZIZ1977 on June 27, 2013, 07:31:43 AM

He is using lot of hashpower and even when GLD isnt profitable he keeps on mining.

I dont know why he is mining so many Goldcoins.

Title: Re: Mining
Post by: MicroGuy on June 27, 2013, 09:00:34 AM

Quote from: AZIZ1977 on June 27, 2013, 07:31:43 AM

He is using lot of hashpower and even when GLD isnt profitable he keeps on mining.

I dont know why he is mining so many Goldcoins.

There is a good possibility that he's mining to hold.

If he's mining to hold, his efforts should pay off handsomely down the road. Once the client sync issue and litecoin alert bugs are resolved we start on the android app. And we're going to need a lot of coins in the supply chain to distribute to these users. Then once the market sees the true potential and direction of the coin, the price will rise. As consumers begin using the coin, the price will rise further.

The early investors will ultimately be rewarded but this process is going to take a couple of years.

Title: Re: Mining
Post by: tadspoles on June 27, 2013, 12:32:03 PM

Yeah...this guy is going to be mega rich.  I'm just jealous.