I'm asking once again. Can new devs tell me how many coins have been mined already?
The block average is 100k right now... however it drops in a day or two to 50k.... so right now i think we have 96000 roughly so 9.6Billion mined so far.
The amazing thing about this is that i only see 300M for sale?? can you imagine that fact? so somehow every single miner is holding their coins. Nobody is selling.
Also there is no need to PM me if you think beecoin should go x11... it is best to discuss your reasons why you think it should go x11 or if you have reasons why it should not go x11 please put them on this thread too so we can evaluate fully the best way to go.
So far we just have 2 comments both are in favour of switching to x11.
- Is it risky?
- Does it require too much technical skill?
- Is the switch-over an expensive process, requiring special hardware?It can be done in a non risky way.... see how adt1 swapped to adt2.... we are lucky because beecoin has transaction messages so the swap over can be done by a script. With a working block explorer you can see perfectly how it works and only swap a little bit over at a time. This method is basically fool proof.
Soopy said they may be another way to do it without even doing that.
I'm sure soopy has the technical skills.
No special hardware at all. It can be as simple as forking dark or haro or any x11 coin and swapping coins over to that chain.
For example if we were all ready to swap now.... you make a copy of one of those and make the first block 10Billion which is premined. Then we start mining that chain as normal. Then we swap over our beecoins we have now to the new beecoins on the new x11 chain.
With adt1 to adt2 you simply put your new adt2 address in the transaction message part, then send to a swap over address made by the dev. The dev has a script running that reads the transaction message and send the recieved coins you send the change over address to your new adt2 address.
Beecoin needs to swap to x11 asap. I see already a few members that are not usually known for having huge hash power already showing on pools they have over 600MH each..... this means from somewhere they already NOW have huge powerful scrypt asics. Beecoin will remain vulnerable and also these people could essential take most of the new coins easily with no cost to themselve in terms of electricity.
Scrypt coins are now finished in my opinion. If these huge powerful asics were available to everyone now then maybe not too bad, but since now just a few people have managed to get their hands on HUGE scrypt firepower months before everyone else there is a big issue. Scrypt is in big trouble.
Cryptohunter, i perfectly agree w you... but i would also like to be so sure abt the future of scrypt like u!
U see, asics didn't kill bitcoin... but at the same time i cannot say what it would be without them... if better or worse...
On the other way i can say for sure these expensive asics cut out all gpu miners...
Even at now it's not possible to buy a decent profitable hashrate asic miner for a decent price...
It seems an endless run for higher and higher hashrate expensive devices that only very few and rich people can afford and then squeeze out good juice from bitcoins and others...
Cryptocurrencies should be done for all people... but once again seems only few rich ones can take out advantages from them.
I invested a lot of money for my 20 GPUs and most of all i invested a lot of time in skills and knowledges on how to design and assembly "state of the art" GPU rigs, how to tune them and how to run them safely and stable for long time... OMG how many times i hit my head to wall looking how to jump out from so many troubles! Like i remember somebody wrote somewhere, a GPU miming rig is not plug&play and who thinks so is going to have very bad time!
Now i don't want to replace my rigs (even if so inefficient) for these scrypt asics for 2 reasons: 1- i don't want to give out gpus that can dig out any pow algo coin for just scrypt capable devices... and 2- i don't know abt the future of scrypt...
I think all GPUs rig owners will tune their gpus to other algorithms and i hope the market will follow them... because they are the mass... and the mass usually creates the market...
I think i'll try to resist and i'll keep alive my rigs a bit more to ustand what it will be in the cryptocurrency context...
So i'm inclined with u if u'll decide to swap this coin for another algo...
Just let us know what and how to do...
Thank you very much for evthing u are doing to help this BeeCoin to take off!
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