[DOA] Goldmaxcoin [GMX] shitclone supported by C-cex | PREMINE |

[gambino]

DOA
I've just notice that c-cex added coin named Goldmaxcoin
https://c-cex.com/?p=gmx-btc
http://www.gmxcoin.org/
This coin still don't have windows wallet or any links in their site

https://github.com/gmx16/goldmaxcoin-source
in github you can see the difference of what they announce and what they delivered

Code:

int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 50 * COIN;

            if(nHeight == 1)
            {
            nSubsidy = 84000000 * COIN;
            }

    // Subsidy is cut in half every 840000 blocks
    nSubsidy >>= (nHeight / 840000);

    return nSubsidy + nFees;
}

static const int64 nTargetTimespan = 10 * 60;
static const int64 nTargetSpacing = 5 * 60;
static const int64 nInterval = nTargetTimespan / nTargetSpacing;

What is Goldmaxcoin?

Goldmaxcoin is a lite version of Bitcoin using scrypt as a proof-of-work algorithm.

2.5 minute block targets
subsidy halves in 840k blocks (~4 years)
~84 million total coins
The rest is the same as Bitcoin.

50 coins per block
2016 blocks to retarget difficulty

With block reward of 50 coins, target time of 5 minutes and halving every 840000 blocks how long will takes to the miner to mine coins equal to the premine of 84000000 coins?

It's very interesting why c-cex listed this shit

[1715226613]

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[1715226613]

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[1715226613]

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[1715226613]

1715226613

[nix_on]

50 coins per block
2016 blocks to retarget difficulty

With block reward of 50 coins, target time of 5 minutes and halving every 840000 blocks how long will takes to the miner to mine coins equal to the premine of 84000000 coins?

It's very interesting why c-cex listed this shit
[/quote]

It will be 5833 hours so

243 days 

[gambino]

It will be 5833 hours so

243 days  

your math is wrong
for 243 days the miners will produce 3499200 coins or 69984 blocks

[kevin1234a]

Simple answer easy bucks in ccex pocket.

[nix_on]

It will be 5833 hours so

243 days  

your math is wrong
for 243 days the miners will produce 3499200 coins or 69984 blocks

Yup I see now it's halving so much longer 

[Makingsure]

Simple answer easy bucks in ccex pocket.

yupp.
long answer?     c-cex is the new yobit
ever since spots and bobsurplus wrapped yuri (the owner) around their finger theres been nothing but scam ICO's and shitcoins added
and spots just pm's noobs all day from his shill accounts to make people buy his scams on there
STAY AWAY FROM C-CEX
they dont even have a volume in real coins, just shitcoins
i had to wait almost 3 days for a 2btc w/d (just got it yesterday)
and couldnt even move it to an altcoin cause theres no volume there! (only in shitcoins)

[tbearhere]

Simple answer easy bucks in ccex pocket.

yupp.
long answer?     c-cex is the new yobit
ever since spots and bobsurplus wrapped yuri (the owner) around their finger theres been nothing but scam ICO's and shitcoins added
and spots just pm's noobs all day from his shill accounts to make people buy his scams on there
STAY AWAY FROM C-CEX
they dont even have a volume in real coins, just shitcoins
i had to wait almost 3 days for a 2btc w/d (just got it yesterday)
and couldnt even move it to an altcoin cause theres no volume there! (only in shitcoins)

It seems so. 

[kevin1234a]

Another wallet builder factoried coin. No wallets source code available poor specs poor website. I wonder what are the standards here just one EASY BUCKS
Or is it going to be join venture

[GrinZ]

faucet & explorer for GMX available on multifaucet.tk
http://www.multifaucet.tk/index.php?faucet=GMX
http://www.multifaucet.tk/index.php?blockexplorer=GMX

[loutchano]

Pool !!


http://mineblocks.no-ip.org:2627/pool/GMX/

[kendari]

Pool !!


http://mineblocks.no-ip.org:2627/pool/GMX/

pool does not exist