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Author Topic: I found new POW coin  (Read 193 times)
Crypt0Gore (OP)
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April 29, 2022, 05:29:46 PM
 #1

Guys is seasonal token a good proof of work to mine? Cyclical trading seem like something new as per what the project is trying to do, have anyone check out this project or already mining it? Numbers of miners are still very small but holders are growing fast.

https://seasonaltokens.org/

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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kaya11
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April 29, 2022, 09:23:54 PM
 #2

Guys is seasonal token a good proof of work to mine? Cyclical trading seem like something new as per what the project is trying to do, have anyone check out this project or already mining it? Numbers of miners are still very small but holders are growing fast.

https://seasonaltokens.org/

It is good, as I see it has only 758 holders, not quite bad but the market Cap is only 900k USD in total. Need more adoption and how would the coin be utilize? Aside from mining there is also a feature call farming, which is similar to staking your coins. Maybe I will try with my idle cards and see how it goes.
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April 30, 2022, 03:12:58 AM
 #3

ponzi scheme:  https://www.youtube.com/watch?v=B2sKGWIe4Gk
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April 30, 2022, 03:36:58 AM
 #4

This reminds me of a similar Ponzi scheme back in the day. It was POW and was very profitable however the catch was that to be able to mine the coin, you had to first own it.

So miners had no choice but to buy the coin just to be able to mine it. I forgot exactly what happened whether it was revealed as a ponzi with some eventual rug pull because it was a long time ago.

Either way stay safe out there.

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DevFile90
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April 30, 2022, 08:04:57 AM
 #5

I don't see where it's stated that you have to hold seasonal tokens before you can mine the coins, if you think this project is good enough then mine it and hold, we are all here for profit making and where the profit will come from doesn't matter, shit coins, Ponzi or even small tokens, get your profit and get out.

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May 01, 2022, 11:25:48 PM
 #6

How is it a POW coin if it's just an ERC20 token?  Roll Eyes

Look at this bunch of amateur scammers. They even don't know the difference between tokens and the Ethereum. Apparent;ly tokens can also be mined using graphics cards  Grin


Or they even don't know the difference between POW mining and minting tokens. Lol.



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