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After a few days of coding and patching the network, MidasCoin has been officially relaunched. From what we can gather so far, the relaunch has gone quite smooth, and the network has reached around 14 GH/s again. Let’s take a look!
When looking at the MidasCoin mining pool statistics, blocks are being found at a regular basis again , and the difficulty adjusts nicely. I also like how the early miners get 2% bonus earnings for the first 7 days after the relaunch.
If you have read our previous MidasCoin article, you will remember there were some minor issues with the network and the Gold Reserve. A few days have passed, and the developers have posted an update, so let’s take a look!
The attack which disrupted the MidasCoin network has been thoroughly analyzed by the developers, and we are pleased to announce patching the network has begun. No further details were given at this time, but the most important thing is knowing everything will be resolved in the near future.
Some bad news is coming from the MidasCoin corner. Apparently, all mining has been halted and the Gold Reserve is no longer being increased as we speak. The developers are working on an emergency patch to fix some issues. What is going on?
Poop hit the fan late last night it seems, as several people started trashing MidasCoin on BitcoinTalk. As this is nothing new in the world of cryptocurrency and altcoins, this is not the main cause for this pause in services.
My attention was brought to a very new altcoin, called MidasCoin. After seeing an immense response from the mining community, and by offering an interesting mining algorithm, I do think it’s worth talking about. Care to find out more?
It doesn’t happen too often where a new cryptocurrency is introduced, and there are a lot of impressive services available at or shortly after launch. I’m not talking about third party services either, but services built by the team before launching their coin.