hashrate is almost 100% up since we last discussed it. So maybe just buy uno and forget all that for a second
Bitcoin is doing its last breaths. Uno will be a success and #1 coin for a long time.
It's worth way more than this measily 2.50$
Hash will rise and fall with the price, as we've seen.
At .0055 it was about 15 Ths. At .0083, it's nearly 25 ths according to Chainz.
To sustain this current level of mining in May following the next reward halving, the price of Uno will need to be .016.
If Bitcoin falls 50% by May the price of Uno will need to be .0312 to sustain this level of compensation to miners in USD terms. Although I'm grateful for every single Ths Uno has right now, it should be higher. Uno deserves a stronger blockchain.
Some have pointed to the falling price of Asics as an opportunity to increase hash. This is true, but it also presents some risk as hash becomes cheaper for attackers as well. Therefor, our hash needs to be rising steadily to at least keep pace with would-be attackers.
I currently provide a mere 1 ths of hash to the network. I wish I could give more. Thanks to everyone else who contributes. Mining Uno is not profitable for me, but I'll do it anyway. Miners who treat this as a business rather than as a hobby (like me) may not stick with Uno if the price doesn't take a big jump within the next 4 months.
While merge mining other coins against Uno (authPow/Uno) could increase the profitability of mining Uno (assuming these are coins that actually trade and have some value), I'm still an advocate of AuthPow with Uno. I haven't seen an argument yet that isn't built on a level of optimism that makes me cautious. I respect the opinions of those who aren't certain yet that AuthPow/btc is the way to go. You who are working now to recruit other coins to AuthPow to Uno, please keep me posted. I'm very interested in your learning, and I thank you for being out there inviting others into our community. I'd love to see that work, but the clock is ticking.
On one point I'm 100% certain: all of us here want the best for Unobtanium. Lets all keep open minds and see how things develop in the weeks ahead.