Forex Zone - Forex Forum

Burst Coin

Discussion started on Coins & Tokens

  • Hero Member
  • Posts: 514
  • Points: 439
  • Likes Received: 280
  • Reputation: +5/-7
Interesting story.  Sweden proposes banning proof of work crypto currencies. https://www.vice.com/en/article/dypv8z/swedish-officials-call-for-eu-wide-ban-on-proof-of-work-crypto-mining
#316 - November 17, 2021, 03:12:08 AM

  • Newbie
  • Posts: 13
  • Points: 1018
  • Likes Received: 0
  • Reputation: +0/-0
Interesting story.  Sweden proposes banning proof of work crypto currencies. https://www.vice.com/en/article/dypv8z/swedish-officials-call-for-eu-wide-ban-on-proof-of-work-crypto-mining
will this have a negative impact on the signum?
#317 - November 17, 2021, 03:15:59 AM

  • Hero Member
  • Posts: 514
  • Points: 439
  • Likes Received: 280
  • Reputation: +5/-7
Since SIGNUM is not POW, it should not.  However, not everyone understands that.  So a ban on POW could impact the entire crypto market.  Also, It is hard to exchange SIGNUM for Fiat currency without going through another POW coin like BTC or ETH.  So the ban might prevent some from accessing their funds.
#318 - November 17, 2021, 02:10:36 PM

  • Starter
  • Posts: 4
  • Points: 552
  • Likes Received: 1
  • Reputation: +0/-0
what can affect the price of the signum to be able to go up?
#319 - November 17, 2021, 07:58:23 PM

  • Hero Member
  • Posts: 514
  • Points: 439
  • Likes Received: 280
  • Reputation: +5/-7
As the developers add more use cases, the price should rise organically.
#320 - November 17, 2021, 09:12:25 PM

  • Newbie
  • Posts: 37
  • Points: 267
  • Likes Received: 4
  • Reputation: +0/-0
the price is too slow to rise in my opinion, will this be worth holding on to in the long run? ..
#321 - November 17, 2021, 09:15:53 PM
« Last Edit: November 17, 2021, 09:17:34 PM by ripkiilham466 »

  • Hero Member
  • Posts: 514
  • Points: 439
  • Likes Received: 280
  • Reputation: +5/-7
I would have said YES about 12 months ago.  I am less certain now since the price has done nothing. 

But I will continue to hold mine since these coin amplify my SIGNA mining.  The mine does not earn much but it would earn much less without the coins.  
#322 - November 17, 2021, 10:51:30 PM

  • Jr. Member
  • Posts: 52
  • Points: 0
  • Likes Received: 0
  • Reputation: +1/-0
Can SIGNA be mined with RDP? remote desktops. if so, it will be more economical without electricity costs
#323 - November 20, 2021, 11:23:04 PM

  • Hero Member
  • Posts: 514
  • Points: 439
  • Likes Received: 280
  • Reputation: +5/-7
Signa can be mined with most anything. 
#324 - November 20, 2021, 11:34:59 PM

  • Jr. Member
  • Posts: 52
  • Points: 0
  • Likes Received: 0
  • Reputation: +1/-0
Signa can be mined with most anything.
how many signs in a day do you produce? is it enough to pay for mining activity costs, such as electricity costs?
#325 - November 20, 2021, 11:37:24 PM

  • Hero Member
  • Posts: 514
  • Points: 439
  • Likes Received: 280
  • Reputation: +5/-7
About 100 SIGNA a day for 38.68TB.
#326 - November 20, 2021, 11:48:56 PM

  • Newbie
  • Posts: 41
  • Points: 0
  • Likes Received: 2
  • Reputation: +0/-0
About 100 SIGNA a day for 38.68TB.
how many signs do you have to hold to get 100 signs in a day?
#327 - November 20, 2021, 11:55:15 PM

  • Hero Member
  • Posts: 514
  • Points: 439
  • Likes Received: 280
  • Reputation: +5/-7
202000 SIGNA.
#328 - November 21, 2021, 12:20:11 AM

  • Newbie
  • Posts: 41
  • Points: 0
  • Likes Received: 2
  • Reputation: +0/-0
202000 SIGNA.
it's a big amount, I don't have as much signum as you
#329 - November 21, 2021, 12:26:48 AM

  • Starter
  • Posts: 4
  • Points: 519
  • Likes Received: 0
  • Reputation: +0/-0
does mining signum save electricity more than btc or eth?
#330 - November 21, 2021, 08:07:43 AM

Members:

0 Members and 1 Guest are viewing this topic.