Mining of a ''stablecoin'' might be a reality. $VAVA

[Henry_Kyle2018]

I know the subject of the post might be a bit ''sounds to good to be true''.
But you guys should take a look at this https://vavacoin.org


Its just not another shitcoin or fake website.

[miner29]

Shitcoin.

Garbage white paper.

Proprietary miner (garbage) that hasnt launched on time. 

No T&C, No about, No legal.  This is just low effort shitcoin garbage. 
Cant even be bothered to fillin the bullshit fields even on thier so called whitepaper which is barely even marketing material.
Surely you arent considering something so poorly done as a viable coin?

No you are here trying to shill this piece of shit.

[Henry_Kyle2018]

Shitcoin.

Garbage white paper.

Proprietary miner (garbage) that hasnt launched on time. 

No T&C, No about, No legal.  This is just low effort shitcoin garbage. 
Cant even be bothered to fillin the bullshit fields even on thier so called whitepaper which is barely even marketing material.
Surely you arent considering something so poorly done as a viable coin?

No you are here trying to shill this piece of shit.

Chill.
Take some good cup of coffee.

Your opinion, in my opinion... It's a valid opinion.
Once i get the specs of the harware they use i will let you know when it comes to the miner.
When it comes to miners there is something like a ''feel'' when it comes to the equipment.
But look at thoose folks (customers) at AMD an NVIDIA buying thousands of GPUS... and when its not profiteable, flooding the market with sales any more loosing money like crazy.
You have those dudes that say ''yeah well at least i have like a hundred GPUS''. What you gonna do with them? Watch some 8K POV PORN?  You only need one video card .... right?
or lets take a look at those BITCOIN miners the same... BITMAIN, making crazy claims and then screwing up. Not even a PC...
In the end, its anybody's fault if you win or loose in this game.

No T&C, No about, No legal. agreed. ...i read work in progress.

[JayDDee]

Chill.
Take some good cup of coffee.

You asked, he answered. You're just another shill.

[FP91G]

Your coin is using Binance Smart Chain. I don’t understand why buy equipment that will mine a coin that uses blockchain on a POS algorithm? Mining must be available on all devices, otherwise it is more like staking or scam.

[Henry_Kyle2018]

Your coin is using Binance Smart Chain. I don’t understand why buy equipment that will mine a coin that uses blockchain on a POS algorithm? Mining must be available on all devices, otherwise it is more like staking or scam.

Hey there.
There is no precise and/or legal definition of what ''mining'' actually means. Even worse for the term ''crypto mining''. Or is it?
Its just some software linked to a piece of hardware.
You dont have to travel too far.... If you go to the industry that does for example the mining of gold, or any other minerals, this has abosolutely nothing to do with the term of mining crypto.
My point is...
Bitcoin Mining and Ethereum mining for example, they not only are different algos, even the coins are also very different from each other. One is limited to 21mio and the other one seems to have no limit at all. Whats the point of mining a crypto that has no ''limit''?

I think it can be a miner that does something like POS ''mining''. = LOW CONSUMPTION

On the other hand, doesnt it seem to be a total waste of electricity to mine bitcoin? dont care about the value of bitcoin and the hype related to it.
Because in the end it depends on what the ''manipulated'' market gives you for that coin you have just mined.

[0verseer]

Your coin is using Binance Smart Chain. I don’t understand why buy equipment that will mine a coin that uses blockchain on a POS algorithm? Mining must be available on all devices, otherwise it is more like staking or scam.

snip

I think you don't get what he really means. Mining on the hardwares that are backed by the GPU/ASIC industry, backed by hundreds of different algos makes more sense than mining on hardware that is backed by just a single algo, design specific to mining a single coin, all come from the same developer. That's reeks of ponzi scheme but under a different guise of 'mining'. How would I know when you make a run after all of the pieces of hardware sold out? If it can't mine anything else except your coin then what would I do once your coin turn to worthless? Sell it back to the others to recoup?

[safar1980]

My point is...
Bitcoin Mining and Ethereum mining for example, they not only are different algos, even the coins are also very different from each other. One is limited to 21mio and the other one seems to have no limit at all. Whats the point of mining a crypto that has no ''limit''?

After mining is completed, the number of coins will probably decrease. Ethereum has no problem with inflation. And some miners, for example, receive bitcoin rewards using services like nicehash, so they don't care about what the coins they're mining are doing.

[VRExpress]

Why would anyone try to mine a token instead of a coin? Where is that proof of work valid point here? This project either shit or not should be a coin if truly its a PoW project not a BSC token, you are going to have a hard time getting some fans for this project.

[falsealarm_bf1]

Shitcoin.

Garbage white paper.

Proprietary miner (garbage) that hasnt launched on time. 

No T&C, No about, No legal.  This is just low effort shitcoin garbage. 
Cant even be bothered to fillin the bullshit fields even on thier so called whitepaper which is barely even marketing material.
Surely you arent considering something so poorly done as a viable coin?

No you are here trying to shill this piece of shit.

Chill.
Take some good cup of coffee.

Your opinion, in my opinion... It's a valid opinion.
Once i get the specs of the harware they use i will let you know when it comes to the miner.
When it comes to miners there is something like a ''feel'' when it comes to the equipment.
But look at thoose folks (customers) at AMD an NVIDIA buying thousands of GPUS... and when its not profiteable, flooding the market with sales any more loosing money like crazy.
You have those dudes that say ''yeah well at least i have like a hundred GPUS''. What you gonna do with them? Watch some 8K POV PORN?  You only need one video card .... right?
or lets take a look at those BITCOIN miners the same... BITMAIN, making crazy claims and then screwing up. Not even a PC...
In the end, its anybody's fault if you win or loose in this game.

No T&C, No about, No legal. agreed. ...i read work in progress.

Fuck off with your shill. He took the time to read the whitepaper. Having seen that project website, I would not have even bothered reading a single page. It's clear this is a shitcoin, and you are a shill.

[leea-1334]

I did not need to open the website to know it is another shitcoin.

Fake even is absolutely not out of the question,,, if you have to mine a stablecoin, why mine it? Why not mine Bitcoin or Ethereum?

PoS shitcoins are worse but the days of PoW shitcoins are way over dude. Get it started, show us testnet results and battle results in full,,, show us there was actually original effort. Even then you will not convince me.

[miner29]

Seems to be a new scam of making a token mineable but you must use the proprietary hardware which is only sold by one or a few places, and you cant know our algo becuase its secret too. 

This shitcoin and Midas mining are running the same scam.  Whats funny is to see OP getting all bent about people pointing out the issues with thier shill coin project.  Sorry dont give a fuck what your rep is…if you promote this kinda shit expect to be called out on it. 

[wagmi89]

Seems to be a new scam of making a token mineable but you must use the proprietary hardware which is only sold by one or a few places, and you cant know our algo becuase its secret too. 

Same thing what I thought - sorry, not sorry!

Also, after everything what happened this week with UST, it is a bad joke to talk about "stable"coins

[arwin100]

Seems to be a new scam of making a token mineable but you must use the proprietary hardware which is only sold by one or a few places, and you cant know our algo becuase its secret too. 

Same thing what I thought - sorry, not sorry!

Also, after everything what happened this week with UST, it is a bad joke to talk about "stable"coins

Its not bad joke to talk about stable coin but rather its good to discuss about it so that newbie people will be enlightened to what supposed to be they think safe areas where they can convert if the market is in bearish condition and since stable coins are showing its lapses now we cannot really trust any of them at this moment. The lesson we can learn from UST is huge and hopefully their investor can get over to the crisis they are facing on.

[batang_bitcoin]

Sorry OP but everyone is turning now their worries to stable coins. Just after UST depegged and Tether has also shown a little low from the usual stable price that it has.
A new stablecoin that's about to be launched is most likely going to raise the eyebrows of everyone once it's being introduced. There's not that much trust anymore from it.