I have read about massive pre- or instamine of Emercoin.
Is this really true?
Also I wonder a bit how small the community is for a coin that is in the top 10. There are no major exchanges (Bittrex is ok, but it's just in the second league if you compare the volume with Poloniex) where Emercoin is listed.
Thanks for clarification!
hi,
I mine this coin for the very first day as it was annunced by the developer into their
Fixx PeerCoin Pool as a new corrency to use for many future projects (and this is what make me mine it).
So there was no massive pre- or instamine of Emercoin.
Else I run an alternative pool for over 1,5 year (now it is closed for server upgrade until April) as I like the right approach developers did to the coin.
They focus onto develops new features (the one you now see in it) and for the first year they buy Emercoin (with $) at a fixed price that was very hight for a new coin and they direct people to exchange it for real object instead of other digital currencies.
This is why you did not find many exchanges active for Emercoin now.
Lets go behind 2 years: miners actually want only to mine and then sell coins at the most high values in exchanges, so if you find a coin without exchanges you are bring to not mine it.
I had not sell a EMC and else I will go to buy others for use them for DNS in some servers I had.