Timeline for Is there an altcoin that is only feasible to mine by CPU?
Current License: CC BY-SA 3.0
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| Dec 26, 2013 at 20:19 | comment | added | Joe Pineda | What you mentioned in point #2 is what happened to primecoin, right at its beginning: it was very profitable to rent virtual machines at shared-time servers and punt them to mine the coin all day long, to the point that difficulty skyrocketed after the first few days and some companies dedicated to that business saw their servers collapse (or had to kick miners). Fortunately all those people were honest miners rather than attackers. | |
| Dec 26, 2013 at 18:52 | history | answered | David Schwartz | CC BY-SA 3.0 |