Bytecoin? A scam or useful?

Crypto currency seems all the rage at the moment.

Bitcoin has skyrocketed into mainstream news and normal everyday people are starting to wonder what all the fuss is about?...

Personally I have had lots of people asking me about crypto currency and I am by no means an expert.... I would say i am more an enthusiast who’s sat watching (regrettably) over the last several years watching this amazing technology come to fruition.

Interestingly the other day I was asked about Bytecoin?, up until then I had never heard of it. A quick google shows many people discussing “BCN is a scam” etc etc.. all very offputting despite its technological uses. 200bn coin cap ofwhch 181bn has been ‘mined’.

So I brushed off the MinerGate cobwebs and fired up the PC to mine for 24hours to see just how “easy” this altcoin is to mine... 24hours later and an avarage 650H/S I have acquired just over 260 coins..... currently each coin is worth less than 1/10 of a cent, basically worthless.... my PC would have cost much more than a couple of $s to run to acquire that amount.... waste of energy? I would think so.

The other issue I have been faced with is the endless synchronisation time for the Bytecoin wallet. 2 days later it has slowed down to a snails pace at the last third of synchronising the block.. anyone else had the same?

PS this was not an experiment to gain any monetary value. I have unfortunately decided to “get into” the wonderful world of cryptocurrency a couple of years after the boat has left so I try to keep up to speed with altcoins that could potentially one day turn into the next bitcoin. Could Bytecoin do that? Not a chance. But I would love to hear other people’s views on Bytecoin and it’s potential (if any) uses.

J