Hmm downloaded the qt client in OP and it downloads the blockchain fine. Same goes for the mincoin client on my VPS, downloaded fine.
I set up a Mincoin P2Pool, big thanks to Narken for his restless P2Pool modding.  
0% Fee for now, as no block has been found so far and i am not certain everything works as it should. Server is in Switzerland btw.
http://yacpool.tk:9123/static/

Host: http://yacpool.tk (without http:// in guiminer-scrypt)
Port: 9123
Username: Your MNC Address
Password: x (or anything else will work too)

As you can see by the url i plan a YAC Pool too.   Please tell me if this works for you or not.

Might want to read this: http://www.altclub.co/current-pick-mnc-mincoin-pump-at-800-est/

It means your hashrate will decrease, while the block reward will rise. Maybe with some lag, i don't think anyone is totally sure about what exactly will happen. 

Recieved manual payouts just now. 
Not to spam your thread, just to confirm that people don't waste their hashrate when joining this pool.

Yeah those who got them. If you order now, you'll get as much btc by the time you recieve it, as if you mine with a 5770 now. Just a badly educated guess but it'll be not nearly as much as today for sure...
Also I'd go for the DIY folks here on the forum, they seem more reliable, not to mention the price. Srsly i lol'd when you mentioned BFL.
Also YAC price is much higher than the 0.00001 figure you answered to. In the end it comes down to personal preference and willingness to take risks.

LOL he said BFL. 

Thanks, looks good to a non dev like me.  
I guess if this coin really was broken, we'd have heard by many other coders by now too.
[tinfoilhat]
Maybe luke has recognized the potential of this coin and tried to discredit it.
[/tinfoilhat]

-edit- sent small tip too 

0.00087 now and a 12 BTC buy order at this price.
For the history records, because in the future no one will be able to imagine that YAC has been so cheap.  

You don't have to run p2pool on your PC to mine on this pool. 

Look here to get some ideas about the price:
https://docs.google.com/spreadsheet/ccc?key=0Av4g8w1tEXqUdFptcHBVdExLODFDYjlCWTFtTUdkQUE#gid=0

Well that's interesting. Altcoinkiller wanting to badmouth new altcoin.  
Luke-Jr, feel free to come forward with a more thorough explanation why N is not dynamic.
Mining BQC too atm.  51% my ass.

http://host-unlimited.de/vserver
Will take some days to get setup though (despite them advertising with 60 minute express setup, it's bs) and their support sucks, also some little downtimes. But for the price i can't complain.

Ofcourse thanks for posting it, now noticed he's a rather famous person here. Still think it seems he just quickly looked through it, which may be enough if his claim holds true.
Guess we'll have to wait and see what happens. 

Ofcourse i have taken difficulty changes and reward de-/increases into account. I may be off, but I'm rather sure it's not unprofitable to mine, at least for people having access to cheap and fast (virtual) servers, which means everyone.
Things will get interesting.  

Does luke-jr have a history as altcoin analyser? His post is very short...
-edit- The hero member obviously means he has contributed some things and the projects in his sig suggest he's a good dev. Just saying I doubt his analysis was thorough.

I disagree. 15€ gets me 300 khash for a month. Pool says i get 20 coins a day (reward will rise again). 600YAC are currently worth 0.45BTC.

At least another block found, but not paid out yet.  
-edit- just paid out!  
More profitable than the pushpool btw so far.

Well they still have the NMC ticker prepared:
https://data.mtgox.com/api/2/NMCUSD/money/ticker
 
also: https://mtgox.com/api/2/stream/list_public