Tagged: innovation

Innovation Is Overrated

If you look at shitcoins (e.g. AuroraCoin,BeeCoin) and compare them to innovative coins (HeavyCoin,MyriadCoin), they both go down after an initial pump. Shouldn’t HeavyCoin slowly rise because of its intrinsic innovation value? Let me phrase that the other way round: Why is an innovative coin more valuable than a stupid clone? Answer: It is not. In the current climate innovation does not actually make a coin valuable. At least for now.

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Lazy BlackCoin Miners

A few days ago, a BlackCoin Multipool was launched, which gave Scrypt miners an easy way to acquire BC. Mining Bitcoins and trading them for BC is a simple activity any miner could do himself. The conclusion: Miners are very lazy.

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