Some thoughts:
I've heard back from a couple of bigger exchanges. I've outright asked them if they would directly add MNR to the exchange without going through normal voting processes. What their internal policy is, what they look for etc. Most important what they don't like about MNR right now that would keep them from directly adding us to the Exchange.
Here are some of the results put in my own words:
1) Viability of coin (uniqueness of coin, timeline, coins minted, age of coin) - no issues from this except we are "young" and less then a week old
2) Active Devs and Active Community - only makes sense. We could use more involvement as a whole but I think we are active
3) Current trade volume - makes absolute sense. If they see a coin being actively traded on other exchanges then they would want a piece of the pie.
4) Stability of selling price - eluded to the fact that the higher the buying price the more they are interested. Again makes sense.
5) Security of network/Pools, etc - Epic Fail
6) Official blockchain explorer (do we have this working yet)?
Some "Exchanges" are scams that only want BTC to get listed. - We don't need these exchanges anyway
We are only 7 days old. Happy 1 week birthday.
We are on one small exchange at the moment which is fine considering were only 7 days old. Price of MNR has not stabilized to where it should be at a minimum yet. People are still selling to low and under valueing MNR. This is just a matter of time and the market will sort this out correctly.
#3 I've mentioned this before. People are selling MNR to cheaply. You can mine another coin at present. Sell it, move btc to CrypotALTex and purchase MNR. You can get more MNR this way for now. This also helps to drive up the price of MNR and creates more volume. When you can no longer do this then we've hit the point where MNR is valued at a proper minimal price!!!
#5 on the list above is a killer. In a nutshell almost all of the hashing rate of MNR is done through 1GH. Can't say I blame anyone for this as 1GH is great but it's REALLY, REALLY bad for MNR's long term success and for getting on a larger exchange.
We have three pools that can be used. Ideally we should have no pool with over 40-45% or so of total hash rate. I think it's pretty obvious that some have tried moving to SN or Nonce but due to the lower hash rate get "stuck" waiting on a block and get discouraged. Then you point your rigs right back to 1GH where the MNR flows steady.
What I was thinking (any other suggestions are certainly welcome) is that if we could make a concerted effort to get many people to switch at about the same time (at least same day) then we would move enough hash rate at one time that no one would feel the burden of running/mining at a smaller pool. Right now 1GH has about 14GH on it. If we could start by moving about 4GH to another pool that should be enough to get the ball rolling and keep the blocks being found at a good pace so no one would get discouraged.
I'd be happy to coordinate this via PM or the forum:
1) If you would be willing to do this please post your MNR hash rate
2) If you would prefer to remain (forum anonymous) in this venture feel free to PM me your hash rate and we'll list it as "anonymous"
3) We'll keep a running tally here in the forum until we have enough contributed hash rate to make the move
I'll start:
#1 cayars 92MH
#2 braxx 55 MH
#3 chango 70MH
3783 to go
I think the pool operators are also to blame in this regard. The reason I (and I suspect a lot of others) use 1GH is because of the P2Pool style setup they have which does not require registration or workers to be setup. If you have multiple rigs this is a big time saver. For most coins I use a P2Pool server for the same reason (less work for me). If someone is going to the effort to setup a pool I don't understand why they don't just make a P2Pool or use a 1GH style setup. If they did people like me would be more likely to switch. At the moment I just can't justify fiddling around with settings for each of my miners.
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