It was supposed to be silver to Bitcoin's gold. The PoW was supposed to be ASIC resistant. It did fairly well when people were GPU mining it. Then they developed ASICs that handled Scrypt. The chinese producing these, would essentially set the cost to near or below break-even after mining profits and use the ASICs before shipping them to customers. They would drive the difficulty up with hardware you paid for, and then dump the coins for even more profit.
All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the shown content originated from that site. This means that 4Archive shows their content, archived. If you need information for a Poster - contact them.
If a post contains personal/copyrighted/illegal content, then use the post's [Report] link! If a post is not removed within 24h contact me at [email protected] with the post's information.