As we wake up to a new month on the crypto calendar, Bitcoin has slidden to a low of $8800. I personally have been waiting for this correction for a couple of weeks. Will it go as low as $7500 and how much will it affect the altcoins? Will coins like Ripple go under a dollar and never return? Who knows.
The Madbyte mining pool has changed locations and now has its own domain at mbytpool.com. It was moved to a better server which is able to handle more miners. We also upped the mining difficulty limits to better serve larger mining rigs. Check out http://mbyt.cryptocronic.com/stats/ to get the latest numbers for our coin. If you are interested in trying to do some mining of your own, go read our blog post at http://madbyte.com/blog/mine-cryptocurrency-without-hardware/ as this will get your feet wet before going out to buy a miner.
For the month of February (at least), we will be quadrupling the reward for running a MadNode! If you wish to support Madbyte security, you can you run a wallet 24/7 as a node. MadNodes are separate from MadCap holdings. You can choose to have one or the other or both. Each gives their own independent rewards. Though, to do this you do need to be at least a MadCapX.com Junior Member.
Once you are a Junior Member on the site you will notice that more info is available. As you move up the tiers to Partner level and higher the benefits increase (and not only in rewards).
Soon Madbyte will be available on a new exchange. More info to follow once it’s official. We are listed on NovaExchange, but they have been closed to new users and deposits for quite a while now. We understand that they will soon be open again under new management.
As we have control over the amount of reward given out from MadCap holdings and Madnodes, expect to see more great specials (like this months MadNode reward quadrupling) in the coming months! All the best,
Madbyte Team – madbyte.com