RE: SMARTCASH MAKES HISTORY BY TRIPPLING ITS MARKET CAP IN ONE MONTH

다음에 대한 하나의 댓글을 보고 있습니다 :

SMARTCASH MAKES HISTORY BY TRIPPLING ITS MARKET CAP IN ONE MONTH

4년 전

So then what is the purpose of miners? What purpose do they serve for the good of the cryptocurrency if all they do is buy expensive equipment, kick back, burn up the electricity bill and then collect e-cashola in the process. If they serve no purpose, why even have them at all?

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I don't remember saying they serve no purpose. If they served no purpose, that 5% would be 0%.

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I apologize for mistaking or misstating what you said, what I should have done is pose these questions:

  1. What is the purpose of cryptocurrency mining in SmartCash? What's the idea behind it? What's the purpose behind it? Does it even serve a purpose?

  2. What value does mining bring to the outreach of a currency?

  3. How does one calculate what should be a good mining percentage when creating a new cryptocurrency? For instance SmartCash is 5% other cryptocurrencies are much higher. What kind of thought process is involved or behind choosing what percentage makes sense?

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Apology accepted! You may wanna join the slack community and ask this in the mining room. There are miners you can talk to as well who are currently mining smartcash.