Having no mining reward means a very low network hashrate. I will personally 51% attack and kill this shitty coin. You have my word.
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This one definitely has a future
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FUD? The massive premine is an undeniable fact. Oh, and I almost forgot the massive instamine too
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I compiled the daemon on Debian wheezy, started it up and it was trying to mine the genesis block. What. The. Fuck?
Because of this little gem in the code; if (true && block.GetHash() != hashGenesisBlock) Another amateur release, I need to start releasing coins again, this forum is becoming a joke
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Ill add 4000 xencoins to the bounty cuz i want to see this coin happen.
xencoins are probably gonna do pretty good, just take a look at the network hash rate, still going strong... thats probably a pretty decent bounty...
it has 2 years worth of premine, are you kidding me? coin is going nowhere
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Improve my logo because its lame!!!! 2000 brand spanking new XenCoins for shiny fresh logos Post your designs 2000 XenCoins! Wow! So generous.. I can almost buy one of these with that much
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Surely from the same idiot who made realcoin, "the coin of the real life"
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Anyone have any idea what these coins should be worth atm?
Given the massive premine and instamine? Zero.
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If this is a pump and dump coin, the developers are very bad at it Fact is this coin had no valid reason for a premine. It's just a cash grab.
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Translation: Thank you for maintaining the value of our massive and unjustified premine.
The premine doesn't even cover to pay the hours these 2 guys already spent on development and support Did you take a look at the http://www.phenixex.com? And the other projects to come? I don't care aboute a little criticism but sometimes it's nice to just look at where a project is going before you speak. I guess we don't start about people taking money to launch 23 different chains for other people and then abandon But I like most of you comments, people shouldn't treat you like they do sometimes Is this exchange going to be a 0% fee? If not, then why can't the fees cover the cost of the exchange? This is a pump and dump coin that should have died out a long time ago.
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Translation: Thank you for maintaining the value of our massive and unjustified premine.
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A bit different as difficulty targets are also updated on the site and those sites showing nextdifficulty have a different purpose (and more than just based on chance as to what that difficulty will be).
I guess what I can do is see if the code in ARG provides any guidance as to the actual distribution of the random block reward and figure that in. Or, better yet, have a ARG-AVG coin on my chart that is the predicted profitability of ARG assuming the average block award.
The larger issue is if I provide an inflated profitability, people get mad when they mine and don't get that. If I deflate it - less mad. Right now, those who know ARG can look at my chart and say - "So CC is saying 45% profitability but they base that off a reward of 1, so if I multiple that to be the reward I assume it to be 3, than it is 45% * 3".
Again, who the fuck is solo mining this coin? No one. Pooled average will be 3 coins per block. And if someone decides to solo mine this coin, they will surely have enough hashing power that it will average out to 3. Point taken. I may as well just take it down again since really no way to tell the profitability of this coin. You act like people mine 1 block and then stop? If they are pool mining (which is 99.9% of the people that use your site), mining for even just 30 minutes will equate to an average of 3 coins per block. This is not difficult.
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Fellow Bitcoiners,
It has been a long road to get to this point but I am pleased to announce that the first 500Gh/s BFL units have been delivered and are happily hashing away as I type this. This is a huge milestone for BFL and shows their continued efforts to fulfill their promises to customers.
nice paid advertisement
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A bit different as difficulty targets are also updated on the site and those sites showing nextdifficulty have a different purpose (and more than just based on chance as to what that difficulty will be).
I guess what I can do is see if the code in ARG provides any guidance as to the actual distribution of the random block reward and figure that in. Or, better yet, have a ARG-AVG coin on my chart that is the predicted profitability of ARG assuming the average block award.
The larger issue is if I provide an inflated profitability, people get mad when they mine and don't get that. If I deflate it - less mad. Right now, those who know ARG can look at my chart and say - "So CC is saying 45% profitability but they base that off a reward of 1, so if I multiple that to be the reward I assume it to be 3, than it is 45% * 3".
Again, who the fuck is solo mining this coin? No one. Pooled average will be 3 coins per block. And if someone decides to solo mine this coin, they will surely have enough hashing power that it will average out to 3.
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Pegging it to the lowest value makes zero sense. No one is solo mining, and if mining in a pool, the average over the course of a 60 minute period would be around 3 coins per block.
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Massive premine, massive instamine, why are people mining this garbage?
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So a 2.1 billion premine? Don't you think that's a bit excessive. Pass on this garbage.
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Why windows? That's an unncessary $100 added to the cost.
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You are delusional. One pool hosted by a chinese individual does not equate to chinese interest.
Im still laughing my ass off at "coin of the real life"
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