So the starting difficulty is now 1000000 ?

How does one even mine the genesis block. I complied the linux client and started it, it's hanging on "loading block index" -- does that mean it's trying to mine the genesis block?

If so it'll keep you busy forever and this is just an elaborate troll.

Plenty of connections but no blocks indeed.

POOLS CLOSED DUE TO AIDS

UUUGH i got out of bed early for this...

Right but we lacked proof. Here it is.

Get ready to throw them in the shitter because here's the Premine Proof:

So, when I was lucky enough to be at the launch of an altcoin, I found it strange that I had to synch nearly 2000 blocks while I joined in merely 10 minutes after the forum release.

Today I spent all day setting up Abe's blockexplorer and I did some digging in the Powercoin blockchain. I sourced the blocknumber @ the releasetime, which was 1:55:59 UTC.

The dev (NMO) kept insisting there was no premine. While in fact 56K coins were premined.

I tried to get him to discredit himself by asking for a bribe, but he didn't bite to that. He insisted it was not a premine and was not intended as such. He will probably keep saying this this was "not a premine". LOL.

Ah well, let the proof speak for itself:



EXTRA FACT
- The linux compile was botched beyond repair and could not be compiled without serious knowledge of the code. It still cannot. Linux users were heavily hindered. NWO was ready and has admitted that he would mine from release - the linux botching might have been on purpose so that he had more time to reap the benefits of the early easy difficulty. This is mere speculation of course, but as more things are fishy, this is a viable option.


Also, I did manage to mine 6K during the low difficulty, but the premine made me think of them as worthless. I have no issues discrediting this filthy premined junkcoin clone.

//edit
This just in: NWO plans to sue me for uncovering his uncomfortable truth

MURRICA. As if a coin would be unsuccessful if Merica wouldn't be able to participate. The world doesn't revolve around you.

I'd post no countdoun then, as on average 23/24 people are going to be misinformed this way.

Better fix that timer. People gonna be mad for you releasing 6 hours too early.

What's the default port going to be for this coin?

I couldn't help but notice a distinct lack of boobs in that video.

Sounds like you took the worst 7970 out there. As I said, I've got a batch of 12 Sapphire 7970's that ALL do 750 easily, most of them more.

Lol no you get more coins a day if you have more hashing power. It's all about the kh/J. Energy is a daily spending. Coins are a daily income. The actual hardware is a one time purchase.

You can actually, if you have the right series. Just make sure any subsequent cards are the exact same ones, preferably from the same vendor.

All my sapphires (11197-03-40G) ALL do 750 @ exactly the same settings, and some golden samples do a little more. But baseline, they all hit 750.

Actually I bought 12 but w/e

Haha and you actually believe that? I haven't seen them hand out 100.000 PWC yet.

I'm merely trying to run the client on linux so I can explore the blockchain with ABE explorer and prove that this shitcoin was premined.

@SylTi, thanks mate, it worked!

Great informational retort.

If you had done your math properly, you'd have taken into account that the cards dont *POOF* lose all their value when you buy them. You don't 'lose' an extra 100$ which has to be completely paid back by the cards.

Also I had 4x the ROI of my rigs by lucking out on FTC - and that ROI was before I even bought them! What I'm saying is ROI is mere speculation. There is no 'math' in speculation. It's just philosophy with numbers. You can't predict the market.

As long as the kh/J rating is the same, there are no 'extra electricity costs', relatively this stays the same but yet you reap better benefits from lower difficulties, because you have more hashing power.

You make loose claims and sound butthurt that you don't have 7970's somehow. The cards don't instantly lose their value either, so all bullshit about ROI is mere speculation as well.