Company meeting on July 3 and 4

Steve Sokolowski avatar
Steve Sokolowski
Archived posts: 4559
Joined: Aug 27, 2014

Company meeting on July 3 and 4

by Steve Sokolowski · · Post #24398

As has been mentioned in the forums recently, we'll be holding a company-wide meeting on July 3 and 4. Everyone will be traveling to State College to revisit our future plans, which had been created when it appeared that prices would remain low for a long period of time.

The main purpose of this meeting is to come to an answer for the following question: the system is more stable, has new features like grouping and portfolio targeting, has 50 times the capacity, offers payouts in more coins, earns more than litecoinpool.org, and has more algorithms than ever, so why has hashrate not increased at the same rate it did during the last cycle, when there were crashes and share corrections every day?

If you'd like to offer your thoughts on the answer to this question, please do so below before Friday. Your input will help us determine how to allocate our resources during the second half of the year, as we have set aside money to spend on whatever feature, change, or task will address this problem. Thanks!
Steve Sokolowski avatar
Steve Sokolowski
Archived posts: 4559
Joined: Aug 27, 2014

Re: Company meeting on July 3 and 4

by Steve Sokolowski · · Post #24403

olkah wrote:I remind you to add the original Cryptonight algorithm.
We are talking about it for a year.
Now and the price of Bitcoin is high and the coins on this algorithm are many different which means it's about time.
I appreciate the feedback - but as we pointed out before, this algorithm is extremely technically challenging and it's not in our plans at this time because we don't believe it can earn back the money spent implementing it. Thanks for the suggestion, though!