Ahh yes. Two big recent events. Yacoin reached block 1 million and now it turns the big 2.
Happy Birthday Yacoin.
I am downloading the blockchain as I type this. I will then get ready to do some PoS mining. Got a large amount of YAC that hasn't seen the network in about a year
Many other coins have been shown that a high PoS rate contributes to their success and attractiveness as an investment for example Maieuticoin gives 2014% PoS and holders of this coin make a nice little income just from PoS minting.
Will Yacoin developers ever consider increasing the PoS% (say as N factor rises) or is it forever going to be 5%?
It's good to see that so many people are loyal to Yacoin and never give up on it. I will continue my slow accumulation and I hope others will do the same.
Yes, it's quite eye watering how much my Yacoin investment has plummeted. I think though when it does go up it will shoot up very quickly. We will see some crazy 50-100x increase occur and it will happen very fast.
When a coin does become unprofitable to mine that is definitely the time to start buying. Very cheap to buy a million YAC at these prices and to be honest I'm very tempted to do so over the next month or so.