HavocXphere
Honorary Master
Probably going to come across as pumping a coin and I guess it is in a way but whatever...
Was looking for something that would benefit from China's inclusion of crypto into their 5 year plan. So looking for something China-centric. China has banned ICOs though so that eliminates the majority coins are no good for this purpose.
Found one that seems acceptable to them - or at least regional gov (Shanghai) has pushed money into so at least not hostile to it. Conflux CFX. The fact that Sequoia Asia invested in the eco system also seems comforting - presumably they evaluated the political climate.
There is also a fair bit of other google-able stuff which I'll leave to the reader, but three more insights that aren't spelled out @ google.
1) Look at their forum posts volume. Eng vs Chinese. Since I was looking for China centric...
2) Trading volume appears to be predominantly in Asia timezones (Chart is in UK time)
3) Finally - still early days so still minable with a GPU. Getting just under 4 USD a day equivalent with my 2070 Super.
Anyway...very early days so super risky but thought I'd share since it seems like a good play to me. Risk wise - worth highlighting that China has long term plays for a government crypto which may gel poorly with competing (?) coins like this. Don't risk money you can't afford to lose.
Was looking for something that would benefit from China's inclusion of crypto into their 5 year plan. So looking for something China-centric. China has banned ICOs though so that eliminates the majority coins are no good for this purpose.
Found one that seems acceptable to them - or at least regional gov (Shanghai) has pushed money into so at least not hostile to it. Conflux CFX. The fact that Sequoia Asia invested in the eco system also seems comforting - presumably they evaluated the political climate.
There is also a fair bit of other google-able stuff which I'll leave to the reader, but three more insights that aren't spelled out @ google.
1) Look at their forum posts volume. Eng vs Chinese. Since I was looking for China centric...
2) Trading volume appears to be predominantly in Asia timezones (Chart is in UK time)
3) Finally - still early days so still minable with a GPU. Getting just under 4 USD a day equivalent with my 2070 Super.
Anyway...very early days so super risky but thought I'd share since it seems like a good play to me. Risk wise - worth highlighting that China has long term plays for a government crypto which may gel poorly with competing (?) coins like this. Don't risk money you can't afford to lose.
