Bitcoin Forum

Just a thought, honestly I really wish that meme coins have pow algorithm so we can mint and mine them, the amount of dollars pumping into meme coins this days is way bigger than what we've seen with ICO projects back in the days, it would have been a sweet ride honestly, every crap and good Devs are all making ......inu ......inu here and there lol

MEME coins are usually made in order to earn money by selling them to hamsters.
Nobody will share the profit with the miners, because the miners will immediately sell their coins and the price of the meme coin will quickly fall down.
Better to wish a new Ethereum on the crypto market.

Pretty sure the biggest meme coin around is pow….doge.

you can mine doge, yeah most meme coin is token based aka erc/bsc base,  meme coin is good for buy on small portion of your portofolio

when they reach bottom, most of them doesnt pump right away after minting,

It would of been better if all the meme coins were POW based because at least there wouldn’t be one party that owns a large percentage of the float. With many of these scam tokens there is usually someone who owns like 5% and eventually starts rugging and the token becomes useless. There was probably hundreds of Defi token where the owner rugged the coin and it became useless.

With POW it would be more fair if there was no premine, miners can dump but the supply would be low. It would be less scam prone however like the above poster said the people that make these scams only care about getting the money themselves.

You can mine doge with L3 or there new beast called L7.

Same old cycle like we witnessed during the ICO hype. Most of the people creating such token are just banking on making quick profits and not building a strong community that lasts years. So they will look for the easiest way out, which is creating an ERC20 or BEP20 token, deploying it on Ethereum or Binance smart chain and hope the hype comes their way and makes the token price to spike to their liking.

You let out doge coin cos it's minable with ASIC miners also even if any meme coin brings pow algorithm no miner will want to mine and hold, the meme coin will face huge dump unless it's actually more than a meme coin, this is a bad wish OP, not for miners but the project lol

I agree that the SHIBA INU since it is a token based on Ethereum blockchain should be mineable just like Doge is with ASICS.As GPU miners we don't have the option to mine one of these coins however we have the chance to convert our earnings from the coins we mine to this meme coin.Lately Binance just listed the SHIBA INU as a trading pair and the price is fairly low.I with a friend bought almost 16 million of such coin and we are holding,who knows if it goes to 1 cent we make nearly 160.000 dollars.

I'd rather mine ETH than meme coins lol, weeks back I used unmineable pool to mine shiba inu coin, around 10million pieces of shiba in two days of mining so I believe unmineable pool have what you desires, there are also some other coins on the platform