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This is crazy, just a few days old and hashrate already down to 4.4 mh/s total. I still want to understand what the incentive is here to mine this coin, and apparently I am not the only one as nobody is mining this coin?! Nobody = 4 people, might as well be zero......this is just flat out confusing as well.
In looking at the pool stats, if I throw one of my rigs back on this coin at 3.5 mh/s I will be lucky to get .3 of ONE coin. For a currency that was premined of 200 million and has a total of 600 million........this is SENSELESS..........or I and others are missing something here.
You have access to 200 million of these things and yet have made it near impossible for anyone else to mine some decent coins........AND you say this coin will see no less value than $10 per coin..........GREAT for you guys........fuck, I could use a cool 2 billion dollars myself lol. So is it that we are all supposed to throw endless resources trying to mine MINISCULE amounts of coin to make the value you need to dump your 2 million and leave us all stuck with electricity bills we cannot pay back?!?
I am not trying to be a jerk here or get myself labeled as a fudster, but this makes absolutely NO sense as to what is going on here!!! How the hell is you can hold 200 million of this damn thing and we can't mine a single fucking coin without throwing hundreds of dollars at our electrical provider??! Does it not concern you that EVERYONE else appears to have the exact same concerns and are staying the hell away from this coin............4 miners and a net hashrate of 4 mh/s........dude, this is NOT good!
In looking at the pool stats, if I throw one of my rigs back on this coin at 3.5 mh/s I will be lucky to get .3 of ONE coin. For a currency that was premined of 200 million and has a total of 600 million........this is SENSELESS..........or I and others are missing something here.
You have access to 200 million of these things and yet have made it near impossible for anyone else to mine some decent coins........AND you say this coin will see no less value than $10 per coin..........GREAT for you guys........fuck, I could use a cool 2 billion dollars myself lol. So is it that we are all supposed to throw endless resources trying to mine MINISCULE amounts of coin to make the value you need to dump your 2 million and leave us all stuck with electricity bills we cannot pay back?!?
I am not trying to be a jerk here or get myself labeled as a fudster, but this makes absolutely NO sense as to what is going on here!!! How the hell is you can hold 200 million of this damn thing and we can't mine a single fucking coin without throwing hundreds of dollars at our electrical provider??! Does it not concern you that EVERYONE else appears to have the exact same concerns and are staying the hell away from this coin............4 miners and a net hashrate of 4 mh/s........dude, this is NOT good!
No you are exactly right. OP keeps saying the 200m pre mine is for the bank and because "major companies" are backing it. My question is...backing what? A coin too hard to mine, on no exchanges, nothing innovative, no marketing and have an apparent value of $10 a coin? Absurd.
Mining profitability calc of waccoin using allcrypt prices
http://www.coinwarz.com/calculators/dogecoin-mining-calculator/?h=3500.00&p=950.00&pc=0.10&pf=0.00&d=0.17791454&r=0.0042179&er=0.0160000&btcer=637.48000000&hc=0.00
and this one is for the same mining power in dogecoins:
http://www.coinwarz.com/calculators/dogecoin-mining-calculator/?h=3500.00&p=950.00&pc=0.10&pf=0.00&d=826.38857814&r=62500.00000000&er=0.00000041&btcer=634.94000000&hc=0.00
Dude.......come on man, I may be ignorant with some of this stuff but I am not a fucking retard man! That data is solely based on your purchase of 10 coins at $10.......this does NOT reflect anywhere near the true value of the coin when so little has been sold!! By the time anyone can get any coins from mining, the value will likely drop making our efforts futile......LOOK at your OWN stats man........NOBODY is mining this coin except YOU. Seriously.......you think 4 mh/s of total net hash is good........just 4 days after launch. Are YOU feeling the positive vibes from YOUR community........you have to know without a happy and supportive community, you have NOTHING right?!
And why did you ignore my previous post to this one?! You guys promised me some coins for my troubles........surely with your 200 fricken million coins, you can at least send me the 36 coins I lost on the pool?!
Dude, I don't know what you are talking about here.......you NEVER told me to speak to anyone and our entire conversation so far is right here in this thread, nothing in PMs except my ignored message to you! So, please...........YOU do your research before speaking man! So sorry I was confused at seeing 2 calculators for DogeCoin, but no need to be so rude.
Look above and you can see in your OWN words what you told me, and this had nothing to do with the relaunch............"I am very sorry about you wasting your time, please if you start using the coin pass me your wallet i will try to make it up for you." I then told you I lost 30 in the pool which actually turned out to be 36.........not your fault, that one is on me for not backing my wallet up before transferring coins to it...........but it pissed me off even more to have wasted my first with a bad wallet you guys posted in the op then an entire day of mining at 50 mh/s to earn 36 coins I lost anyways!
Again I will ask......where is the love that YOU promised me PUBLICLY??
IMjim , please would you be so kind to send me a PM with your address? My name is Lucas, I am the coin's DEV , i will be more than happy to make it right for you. All coins started with little to no trust from their community, an earned respect gradually, Waccoin aims to do that. I will be posting the premine address for everyone to see that those coins are not going anywhere, with the exception of those that were refunded and offered for bounties.
