It doesn't really use much electricity, since the same hashing that secures bitcoin also secured namecoin and the six other merged mined coins almost for free on the side thanks to merged mining, which the namecoin dev(s) originally implemented. So merged mining can also be seen as an innovation introduced by namecoin.

-MarkM-

SInce no-one apparently actually cares about increasing privacy by having a massive mixer always running, Lolcust is probably going to destroy the pre-mined coins since that mixer concept was their purpose and without that there really isn't any need for them, he seems to think.

I dunno, seems there are usually lots of infrastructure things that could do with bounties and Ixcoin's half a million doesn't seem to have been enough bounties to get infrastructure set up so maybe?

Or... Hmm, did Ixcoin actually pay out its half million in bounties yet or is its problem that the dev hasn't actually followed through on that?

-MarkM-

BBQcoin is one of the coins that hummed along a year or so at low difficulty so anyone could have a fair chance to get some even if they didn't have any GPUs. There are some still humming along like that so people without huge mining farms still have various coins they can pick up easy at the moment, and they should do so really if only so that there won't be complaints of unfairness later.

People who miss the boat even when they eyes-open missed it themselves on purpose by deliberately not taking an opportunity still tend to complain later so lets make sure everyone knows they still can mine easily lots of coins of various kinds still while their difficulties are still low.

-MarkM-

All that does is cause more and  more and more orphans, as Liquidcoin and all these recent launches already demonstrated.

-MarkM-

Maybe you just don't happen to hold a lot of General Mining Corp; those who do DO care because it just went up from over 5 bitcoins each to over 6 bitcoins each and they don't want people to think its price crashed by seeing offers to sell it at a fraction of a bitcoin each.

-MarkM-

Stop trying to pass this crap off as GMC. It is not GMC, GMC is an established currency that has been trading for years.

It is even a game currency, in that it is one of the major currencies used in the Galactic Milieu game and thus all the subgames that act as subsystems of the Galactic Milieu metagame.

-MarkM-

All the blocks will be rejected by all the Feathercoin clients and vice-versa, so difficulty won't enter into it, it will just hard-fork, it has already hard-forked.

It is really sleazy though to try to fool people into thinking this crap is GMC, GMC has been around for years, trying to fool people into thinking they can buy GMC this cheap by selling them this crap is fraud or something. Maybe use GAM or something for GAMecoin.

Or GME for GaMEcoin aka GiMmE.

-MarkM-

Check the magic bytes that define which coin-network the client connects to. Someone implied earlier it is on the Feathercoin network; that is, they did not list the network ID aka handshake aka magic bytes or magic number among the tiny number of things that were changed to be different from Feathercoin. It was claimed to even have the same genesis block. Ergo, it is a client running on the Feathercoin network, with Feathercoin's genesis block, attempting to hard-fork the Feathercoin blockchain.

-MarkM-

There are still coins you can pick up with a CPU, heck BBQcoin was one of them for about a year, none of this goldrush crap just quietly pick up coins month after month.

Take a look at http://galaxies.mygamesonline.org/digitalisassets.html

Not just on that menu, which just picks a few assets to express the prices of all the rest in terms of, look at the actual tables and plots.

There are lots of coins used in games. Those tables don't even show most of the ones that are still low difficulty, easy to pick up with a CPU or just one GPU month after month, none of this orphans crap, for anyone to pick some up easily before the rise into the spotlight like BBQ finally did just recently.

Notice GMC is already there, General Mining Corp's corporate coin, worth over five bitcoins per coin now. You could have bought those for just a dollar each a couple of years ago, a whole bunch of them, GMC, GRF, UKB, CDN, UNS all started at par with each other originally.

-MarkM-

GMC is General Mining Corp scrip, so this will need a different currency code if it doesn't just totally go away.

http://galaxies.mygamesonline.org/digitalisassets.html

http://galaxies.mygamesonline.org/plotbtc.html

http://galaxies.mygamesonline.org/inbtc.html

Also this isn't actually a separate coin at all, it is part of the Feathercoin network, just a massive attempted 51% attack / hard fork of the actual Feathercoin blockchain apparently?

-MarkM-

How many do you want at that price?

-MarkM-

WIth just one 5870 you can snap up a nice bunch of GRouPcoin, I0Coin, CoiLedCoin, and GeistGeld all at once, while paying the electricity and slowly paying for the hardware, using p2pool so you get fractions of bitcoins to pay the electricity and eventually hardware while merged-mining just these easiest four of the merged-mined coins since the chance of happening upon a block of namecoin, ixcoin or devcoin is admittedly a crapshoot.

Groupcoin difficulty is actually up in the hundreds now so even skip them if you like, the rest though are really really easy.

Plus, whether or not you have any GPU at all, you can also rake in CPU coins all day long with just a CPU. (Tenebrix and Fairbrix...)

(Not long ago you could rake in BBQcoin with your CPU too, but maybe you missed that boat. Don't miss out on Tenebrix and Fairbrix too!)

-MarkM-

Which chain-hopper fix are you using, to prevent what happened to namecoin and happened again to a couple of recently launched coins that failed to learn from namecoin's experience and use any of the fixes the coins that were around when namecoin got hopped adopted at that time to prevent it from happening to them?

The fix that DeVCoin and GRouPcoin and hmm not sure which other coins used back then seems to have worked okay; I am not sure what other fix some others used but I don't think those that did use a different fix have actulaly field-tested it yet, as in actually gotten nastily hopped so we could see their fix actually worked.

Also, while you are at it, you are including the timetravel fix, I hope? Again some recent coins left that out, too, so are just sitting there waiting to be hit by the timetravel exploit...

-MarkM-

Part of "pumping" is getting it onto an exchange.

Pump up the price and volume until an exchange figures it is worth adding.

SInce they will want the chain to have lots of hashes on it though another part of pumping is convincing GPU miners to jump on it to drive its difficulty sky-high, which is why you want to get in a few months of quietly CPU mining it or merged mining it at low difficulty before setting lose all the big GPU miners for the pump.

-MarkM-

Whatever you have hoarded lots of. If you've been around a while you should have oodles of I0Coin and CoiLedCoin and GRouPcoin and GeistGeld by now from merged mining, plus of course piles of Tenebrix and Fairbrix from CPU mining unless you ignored them to CPU mine BBQcoin the last year or so - maybe though having already picked up as many of them as you wanted before BBQcoin even happened along?

So pretty much up to you really, whatever you picked up the largest pile of while so many coins were sitting around at low difficulty...

-MarkM-

Nice extra percentage for merged mining too, and that is only showing 3 out of the 7 merged mined coins!

-MarkM-

It is certainly not a high-value coin when you can pick it up at one second per block.

BBQcoin is higher value as at least it took CPU miners all year to build up their hoards of coins.

(Which was also a heck of a lot fairer. All the coins sitting around being slowly mined at low difficulties are fairer than these recent instamining crap, as everyone has had a year or two to pick up as many as they like, and might yet have another year to pick up more too before they get too difficult for small miners.)

-MarkM-

You told it to use the default p2p port for RPC, but didn't tell it a different-from-default port to use for the p2p

so likely it is colliding on the port.

-MarkM-

Yeah again they "forgot" to set the initial difficulty to something reasonable.

Just another scam.

-MarkM-

So far it compiles, once you create the obj directory. It is not the first recent coin to fail to include obj dir.

-MarkM-