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drbubb

Free Auroracoins for Icelanders / Opportunities for GEI-ers

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Bitcoin mining is wasting a huge amount of energy, and it may just get worse soon if Bitcoin prices rise. Right now, the electricity consumed to mine them is probably somewhere north of $250 million...

 

 

Yes, chimes in with a common complaint on the Bit coin mining forums ...eager new industry recruit orders the latest and greatest, but after the inevitable delay in delivery, by the time they actually get it going it's a virtual antique! Perfect perpetual carrot and stick.

Makes me wonder at the original motivation of the designers, - free the populace from the tyranny of the banker classes, ..but just be careful, don't get drawn into emulating your former masters, else you may well end up wishing you'd stuck with the devil you knew..

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Yes,

There is a lot of me-too-ism going on right now,

and AUR's early success (with a pre-mined coin) is bound to trigger many copy cats.

 

There are many snags ahead, and I wonder how many will foresee them, and deal with them?

 

MtGox failed to do that.

I wonder if the slow confirms problem will trip -up AUR or the Scotcoin?

 

Another question still not fully answered is:

What will happen to the unclaimed coins?

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bump - this old video seems a bit laughable now

"The Switzerland of Crypto-Currencies"

Iceland is About to Save the World With AURORACOIN

Each Icelander receives 31.8 Aurora Coins / AUR

"How we can be truly free by loving each other"

AUR was a GREAT SUCCESS on its launch as shown earlier in this thread

Believe it or not, there was a brief moment, when AUR was the #3 coin:

No. : Coin : MarketCap : Price :  No.-O/S / Volume,24hr
#01 : BTC : $ 8.103 bn : 649.58 : 12.48mn / $38.55 mn
#02 : RPL : $ 1.558 bn : $0.016 : 99,999m / $197,639
#03 : AUR  $ 619.4mn : $58.42 : 10.60mn / $ 3.11 mn
#04 : LTC. : $ 416.5mn : $15.86 : 26.27mn / $32.06 mn

It traded up to $90+ at the beginning of March 2014... and then crashed

>$90 (Mar.2014: H:>$90/ L:$1.55-3/30/14)
Low: $0.015 Mar.2015 / $0.06 Mar.2016 / $0.12 Mar.2017


But it has come back UP from those lows:

Price: $1.76 USD (7.61%) / 0.00019289 BTC (2.57%)
MktCap: $15,259,884 USD / 1,670 BTC
Volume (24h): $119,093 USD / 13.03 BTC
Circulating Supply: 8,658,139 AUR

> see AUR: https://coinmarketcap.com/currencies/auroracoin/

 

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Latest :

$2.15 USD (3.50%)  / 0.00018823 BTC (-1.45%)

Market Cap :  $18,603,744 USD  /  1,630 BTC

Volume (24 hr) $157,242 USD       /  13.77 BTC

Circulating Supply : 8,658,139 AUR

> https://coinmarketcap.com/currencies/auroracoin/

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