Late summer is far away. How many coins can you mine and how much will they be worth? With a 10Mh rig I mined about 1 million EAC in 1 day (at launch). How much do you think those coins will be worth by summer? $.10 each? maybe. Maybe they will be worth nothing. Are you willing to take a risk? Maybe you can buy another 100Mh by summer. Maybe asics come out by summer. who knows .. maybe coins will be worth 100x more or 100x less. who knows. nobody...

Waiting will get you nowhere.

I'm in.

I know, its just that very few people have heard of Sif. I actually have a couple older machines running the client mining away.. Don't know why. I just like to collect cryptos I guess.

Just come out of the closet Bruce, everyone already knows.

Nothing, just ride out the storm. This is just a bunch of new people getting on board after Dogecoin. Its people being people. They see the success of Doge, think they can make millions and so they put out their own premined coins. Can't blame them really. Were all here for the same reasons.

Sooner or later someone is going to get all their coins stolen by one of these 'new coins'.

Ricky, Julian and Bubbles ain't gonna like u using their coin.

I always thought Batman and Robin were the homosexual duo. I mean really, an older richer man and a young good looking 'fella'.   

Just stop mining these coins! They are not going anywhere ever! sheeesh... 

Coingen is a cool idea for the dev making all the money. He probably made a script that just does everything in seconds and a new coin is banged out. Brilliant!

So this is a good thing. It will teach everyone not to download crapcoins once they see all their time and effort end up going nowhere. Give them a few months .. I suspect this shit will stop once devs get the word that no one is mining crap coins anymore. The scams will have to get more elaborate.

I like to see all these new alts that keep coming out. It keeps people off the good coins.

 

Wow so many coins that I completely missed his one. But How?! Guess I'll have to not mine it.

60 Million pre-mine and bounties total 1.55 mill. I think the bounties are way too low. Cheapskate.

This is a lame coin. look at the stats so far.

"blocks" : 3490,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00390625,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 17061575,
"pooledtx" : 1,
"testnet" : false

Almost 3500 blocks and only 17Mh on the network. No one likes it. lol.

Noob coin makers start their coins too low. It would be okay if difficulty adjusted every 50 blocks or so.. but nooooooo....

Block 2890 and diff is .0039 so its getting there. MUCH better than Giftcoin lol. That one went to block 25K before diff was fixed... by a patched client lol.

I was just browsing that 2chan forum for this coin. Some nice coin logos there. Then someone posted this. So I had to watch it. https://www.youtube.com/watch?v=101AlNxMXmk#t=184

Initial thoughts, Russian music videos are waaaaaaaaaaay better than the shit we have here. Leaps and bounds better.

The coin started slowly and is gaining traction now. I guess its all the miners in Russia waking up while we were going to sleep. The difficulty is still low so if you want some coins you gotta get in now!

There is the alternative. Find out his address and post a bounty in DOGE. lol.

Primecoin clones always seem to become valuable. Probably because its not an easy copy/paste and its hard as fuck to mine them. Investing in these is a smart idea.

+1