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Topics - Sparta

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Systemnodes / 4 days without a dividend -- normal?
« on: January 08, 2018, 01:12:57 am »
I received dividends 12/31, 1/1, 1/2, and 1/3, but none since then. This worries me, but my node seems up and enabled.

Should I be worried?

ASIC merged mining pools are mining nearly every single PoW block of Crown, because mining for Crown is essentially free thanks to our reliance on SHA256 and acceptance of merged mining. This is clearly evident by looking at the latest blocks and seeing the regularity of wallet addresses:

It appears the pool changes wallets every 90 minutes, as each wallet that dominates the mining for its time eventually stops and never appears again, examples:

It has pushed out other miners, such as Zpool, which used to account for about 30% of mining, and now appears once in the past hundred mined blocks:

As best as I've been able to see, all of these mined Crowns just go straight to Bittrex to be sold:

Which means that ASIC miners who are otherwise mining BTC are being given more than half the inflowing investment for Crown.

The only reason I can see as to why merge mining would be wanted is in the case of generating initial institutional interest -- those Crown coins will show up on the markets that the miners BTC show up, so we get a reputational bump for being part of the mix. I do not feel this is worth it, and I feel that allowing merged mining to continue is a sharp detriment to the community and to the prospects of Crown.

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