Bitcoin Forum
June 14, 2024, 05:14:37 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Does an Altcoin like this exist?  (Read 428 times)
virtualfaqs (OP)
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500



View Profile WWW
March 10, 2014, 07:19:43 PM
 #1

I apologize if some of my mining terminology is off.

Is there an altcoin that exists where the coins/block are random like luckycoin, but dependent on hashing speed?

Something like:
Awesome Hashing Power: Block Reward 1 to 10,000 coins - Higher probability of 5,000 to 10,000 range.
Ok Hashing Power: Block Reward 1 to 10,000 coins - Higher probability of 2,500 to 5,000 range.
Crappy Hashing Power: Block Reward 1 to 10,000 coins - Higher probability of 1 to 2,500 range.

Conclusion:
I'm hoping this will entice the Average Joe to keep mining who doesn't want to be bothered with:
1. Mining the most valuable altcoin of the day.
2. Joining a pool.
3. Mining BTC and having no chance or joining a pool.
4. Still getting a little something regardless of difficulty and still a chance to "win lottery."

Basically something easy and simple like Dogecoin (But no 5% inflation to keep coins valuable), random block rewards of luckycoin, mining that allows the Average Joe to always get something with probability of huge coin rewards. Back when mining was integrated with the BTC client. Just one nice, simple package!  Smiley

https://twitter.com/virtualfaqs
Looking for altcoin pump advice? Then follow me.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!