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

in #cryptocurrency7 years ago

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.