What will happen when the heavy hash rate miners suck up most of the HVC though?
With Heavycoin... as opposed to other cryptos... they will have the option to vote for a block size reward of 1... while hashing away!![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
With Heavycoin... as opposed to other cryptos... they will have the option to vote for a block size reward of 1... while hashing away!
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
Why would a heavy hashrate miner vote for a block reward size of 1 when there are already 5,000,000 HVC in existence because of the IPO?
Doesn't make sense to me.
Notice the "when the heavy hash rate miners suck up most of the HVC"... to early for such scenario to play out... this is just the beginning!
Soon enough the HVCs distributed through the IPO will be less than the mined HVCs.
Also... notice the word "option" that I used... can't wait to see how they will play their cards!
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
Hmm I thought only the heavy hash rate miners are sucking up HVCs at the moment as there are still no pools for people with less opportunities in terms of hardware.
And even when there are more mined HVCs than those from the IPO the miners always want the highest reward they can get.
Only those who invested in the IPO want to limit the new supply with a reward amount of 1. I guess you and a couple other guys here belong to the latter group and want the price to rise. Fair enough though.
That being said I'm out. Wish you all the best and a good RoI. Have fun guys!