Which is more useful for feathercoin in general?
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I have been mining FTC steadily since it’s release but I’m trying to decide which of the following scenarios is more beneficial to FTC as a whole. I have 3200kh/s total mining power.
Number 1: Continue mining FTC
Number 2: Mine BTC or LTC and use the coins to buy FTC
Obviously number 1 is going to add to our overall hash and therefore speed up transactions but number 2 is going to help with value if more buying goes on and some of those FTC in the hands of dumpers are mopped up. From a selfish perspective I would make 30% more FTC by going with number 2 but I’m not too worried about that right now. Maybe my hash is going to be too small to make a big difference either way but just thinking. Perhaps answering my own question is that supporters with mining power should mine FTC and those without should buy up FTC.
What do you think?