Why aren’t more people mining?

Why aren’t more people mining?
With 6x1070Ti’s I can currently take in $125~ per day mining 0xBTC. I don’t want more people to know about this, I like the difficulty now. Maybe that’s why this coin is under the radar now, that and it is fairly new. I hope this coin goes big, does anyone have any predictions on the price? I know it has a 21,000,000 supply so $50 would even be possible in a year or two, I guess no one truly knows, but what does everyone predict the price to be? Thanks and have a good day to all!

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this is fucking retarded. It is just an erc-20 token. same as any other. Quit starting a new shill thread every time your last one gets shit on. "mining" in OxBTC serves no purpose other than distributing coins.

that block rewards are a good way to evenly distribute coins (debatable in the first place - see Jihan Wu) is secondary to why these block rewards exist in the first place. Block rewards and coin mining exist as an economic incentive to entice people to devote computing power to securing the network and performing consensus/processing blocks. This is the whole point of PoW and the reason it provides value to its respective network is because it provides Sybil defense which ensures the network is uncensorable (and thus valuable).

With 0xBitcoin there is no need for this economic incentive because there is no network to secure. It is simply running on ethereum which is secured by Eth miners. With PoW coins like BTC more hashpower brings more value to the network (increasing the coin price) because the network becomes more secure. With 0x more hashpower does nothing for the coin itself since the mining does nothing but distribute the coin. There is no reason 0x requires mining; it could exist entirely as is (as an erc20 token) without this mechanism.

airdropping 0xBitcoin to everyone with a Binance account would serve the same purpose as mining and actually distribute it more evenly.

0x is basically one of those shitty meme erc-20 tokens like jesuscoin or Jow Forums coin. They aren't utility coins. They don't do anything. Ether is the currency of the Ethereum Network it always will be, especially because it actually has utility - as gas on the network. If ether didnt do anything it wouldnt be worth shit

i LOVE hiding these pajeet oxbtc threads

you will see me posting it and educating people about what trash 0x is in every single thread you make.

I will make your posts counterproductive. Instead of dumping your bags on biztards you will just be stuck holding them as they get heavier and heavier. You will continue wasting electricity on this garbage as it tanks to zero.

This shit has nothing to do with bitcoin. you just named a useless ERC20 "bitcoin"

OP, You "don't want more people to know about this" - but you make a fucking shill thread about it?

Kill yourself faggot

Hes completely correct about mining it, the price is way too high for the mining difficulty.

If you have a mining rig and you arent mining and immediately dumping this you are dumb

Are you aware that your awful attempt to shill this shitcoin is actively driving away anybody who might otherwise ‘invest’ in this scam?

Literally the most obvious shill I’ve ever seen on Jow Forums and that’s saying a lot.

hidden and ignored

the more you shill this coin the more I ignore it and not give a shit about the "money I didnt gain". Already in enough investments that you are just coming off as an annoying shill and now you're tainted the coin name with you and your cronies not shutting the fuck up about it. good job you failed at your job doing this. 0xbtc not even once and the "gains" lost dont matter.
keep holding your semi trailer full of heavy ass bags

Wall of bs
This is Satoshi's vision of Bitcoin