Bitcoin Forum

One thing I don't get was Ixcoin was Premined. Couldn't i0coin still in theory be revived?
After all i0coin isn't premined?

What are the main problems?


Here's the main site: http://i0coin.bitparking.com
Here's the file: http://i0coin.bitparking.com/i0coin-win32-bin-v32509.zip

The designs of i0coin

http://s10.postimage.org/csqwvwcpx/i0coin32_X32.pnghttp://s10.postimage.org/lcaatnl2d/i0coin64_X64.pnghttp://s10.postimage.org/ni4lo5oit/i0coin128_X128.png

Is it still possible?

not a chance. what is dead leave it RIP. dont try to revive a dead man :)

Anything possible  :)

After all Ixcoin was premined, i0coin wasn't.
All that ultimately needs to be done, is the issues need to be fixed.

Yeap though the 2nd time was quite fun with the merged mining thingy.

There haven't really been enough merged mined coins to properly find out what the realistic limit is of how many coins you can merge at once, so actually problem ones like I0Coin and GeistGeld have been useful because they are more trouble to deal with than most.

I0Coin has been humming along all along, it is just that most of the time there have not been a lot of miners who bother to merged mine anything at all, let alone the most troublesome of the merged mined coins.

IXCoin is still humming along too, though I am not sure what exactly happened regarding its bounties, did the pre-mine ever actually get paid out in bounties or not? The fact we so seldom hear from the author might mean he has dumped all he had and moved on, or it might mean he is waiting for the "Mergecoin" repo to be ready so he can offer a bounty for updating IXCoin using that repo so it is up to date with recent bitcoin code.

Or heck maybe he sunk it into mining hardware and has been mining on bitparking's merged mined pool to recover the IXCoins he used to finance mining rigs. I don't know. Does anyone know how much was pre-mined and, of that, how much actually got paid out as bounties?

Also, does pre-mine even matter? Everyone knows full well that each new pump and dump coin is going to be pre-mined in a matter of a few hours before even most people on the forum wake up and get to be one of the pre-miners so what difference does it really make whether the people holding huge numbers of coins wrote them into the code or raped them in minutes with a huge mining farm at zero or close to zero difficulty?

One thing to remember about all the merged mined coins is a whole lot of people who wanted to support merged mining, including ones who have coins of their own they wanted to add to the merged mining lineup as their motivation for wanting to merged mine, have not gotten around to it thanks to the bullshit spewed by Butterfly Labs for the last year or so. They kept putting off buying mining gear another two weeks in order to start out with ASICs instead of wasting" capital on gear that was about to be obsoleted in "just another few weeks". Once ASICs are ready to ship off the shelf at reasonable prices they can start gearing up...

-MarkM-

But due to the merged mining, the difficulty is too high for anyone to start mining i0coin on its own.

With a CPU, maybe. How crappy a GPU are you thinking of?

I merged mined with one 5870 and was getting I0Coins fairly often.

Less often lately maybe due to more other people finally bothering to merged-mine, and way the heck less back when it was in bitparking's merged-mining mix, but so what, there has always also been GRouPcoin, CoiLedCoin and GeistGeld, they have always been pretty darn easy and mostly still are even now I think. Though as I recall GRouPcoin actually is higher the last few months than it had been for many months.

If all you have are CPUs, mine Tenebrix and Fairbrix.

Also if you actually care about it, you could add to the bounty offered for tools someone running p2pool with merged mining can use to reward their miners over and above simply providing them a zero fee bitcoin pool.

-MarkM-

EDIT: "difficulty" : 28.78879813 ... That means maybe one needs 28.78+ CPUs to manage to get a block every ten minutes if you are the only one mining? Or what? Maybe 28.77 CPUs should get a block a day? Or every few hours? Or what?