Why no MED (mediterraneancoin)?
MED ANN thread is following:
https://bitcointalk.org/index.php?topic=397831.0Mediterraneancoin is a derivative version of Bitcoin/Litecoin using a new proof-of-work algorithm called HybridScryptHash256.
With HybridScryptHash256, each Hash256 mining iteration with an erupter is encapsulated between two Scrypt stages (a memory intensive algorithm whose parameters depend on the current difficulty).
In this way, a good amount of CPU power (or maybe even GPU power) is necessary for each Hash256 dedicated hardware.
If a miner owns a lot of Hash256 computing power, in order to mine Mediterraneancoins, he will need also a corresponding CPU power.
If the correspondent CPU power is not available, then the Hash256 compunting power is automatically limited.