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Title: Meme and Greed - two gods of Crypto? Post by: Olelukoye on January 09, 2014, 11:52:55 AM Hello forum!
I've been exploring cryptoworld for several month and like many other started with litecoin. But problems with pools lead me to the altcoins and it seems that most of them are meme- and greed- driven. Making investment in several rigs and such put me in position where i must consider financial return. But I don't really like the current principle of POW/POS verification. IMHO all that GPU power could be put to much better use. I'm quite aware about prime coin and know that there are other cryptos with practical mining. But they are all CPU oriented and not so popular. My rigs are based on simple Sempron CPUs, so they are not so appealing to me. So my question to the more knowledgeable members is - is there a way to utilize at least some of the GPU power in any practical and useful activity? Title: Re: Meme and Greed - two gods of Crypto? Post by: hilariousandco on January 09, 2014, 12:01:18 PM Hello forum! I've been exploring cryptoworld for several month and like many other started with litecoin. But problems with pools lead me to the altcoins and it seems that most of them are meme- and greed- driven. Capitalists gonna capitalise. If they can make profit on something, people will. The meme factor is just riding a free publicity train. Title: Re: Meme and Greed - two gods of Crypto? Post by: Dogtanian on January 09, 2014, 02:07:57 PM The miners move along as soon as the coin becomes unprofitable then the newbies get bored and also move on.
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