Yes I tried one for a newer alt coin based of SHA-256 called "Cookies" and I also tried pool.50btc.com. I tried slushs pool as well with the same results - always the same error code. Any Ideas?

CACHe has hit a high this evening

Please read the quote below and then look at the initial responses in this thread.

That's all. 2/12/2014

I need to preface this with the unfortunate fact that my knowledge of ASIC design, or any chip design at the silicon level, is woefully inadequate. So if my question comes off as stupid, don't behead me

Does the project currently have people capable of designing an ASIC from beginning to end?

If so, what kind of costs would be likely (Best/Worst case?)

I can think of lots more, but it's kind of offtopic. Depending on the answers I get, I might start a new thread on the subject, or perhaps try to help organize such a project. Given the unreliability and in many cases downright shady actions of most current ASIC companies, I think the market would easily bear such a project.

Question i have searched the forum but cat seem to find an answer as to updating k16 firmware, would i need a PICkit3 or is there a usb boot loader? also i am a noob so don't let my knlowdge of info up top deceive ya.

Thanks kalgecin!

For some stats, have a look over here:
http://stats.cachecoin.org/

and some recent charts:

http://stats.cachecoin.org/charts

There will be some more updates today, I will also add poloniex exchange data to the charts.

Translation: Bitcoin is great, it can help a lot of people, but there are many thieves out there, and here an an example, the following sites are run by thieves, where what you see is not at all what you actually get. These sites equally steal money from both greedy and poor.

I'm wondering how this newbie managed to post to this forum thread, despite only having 2 posts. Isn't the limit 10 before you can get out of the newbie thread?

Vertcoin didn't have a premine, I dunno what this guy is smoking.  It was a fair launch coin that started with normal, Litecoin diff algo.  

The first pool operator, Ziga "The French Connection", even could have put something like 100mhash on it himself when difficulty was low but didn't.  Most people who mined on the first day didn't even hold their coins and sold them.  If you mined right from the opening on http://pool.pm with 3-4mhash or so, and never stopped for a few days, you would have gotten around 3000-4000.  Not many people actually did, because what coins blow up and which ones don't is very unpredictable.  Out of the few people that did mine it from day 1 and stayed on it, most of them sold off for pennies.  It's possible some people could have made lots of money from it, but most people did not hold.  VTC distribution is about as good as it gets for an "alt coin" and there are tons of people who are kicking themselves for not having bought some when it was selling for literally pennies.

At one point, even when people were noticing the coin had promise and prices started to rise, I remember seeing that you could buy the entire sell wall and get 16,000 for .5 BTC, I think on Coinedup.  That means you could have turned $400 into $160,000 without even having mined it at all, and buying during an uptrend.  The coin sold for so cheap for over an entire week, that anyone who mined early wasn't even rewarded for doing so when anyone could come along and buy far more than you mined on day 1 for nothing.

I had 3-4mhash on it at release on pool.pm and got, I don't remember, 2-3000 the first day.  When it was placed on Coinedup, I could have bought the same amount for the cost of a trip to Burger King for the next 3-4 days.

Moral of the story is, any coin that has any kind of potential whatsoever, you should buy some near release when its drastically undervalued.  The next coin that blows up like VTC will probably be Microcoin.  It's ridiculously undervalued in the same way VTC was.

Premine - None
There is no premine except three, normal blocks done to test the network (150 coins).  You can use the block explorer below to look them up.  Unlike many other coins, no one has received a large amount of free coins to dump on an exchange.