Anybody mining Freicoins?

[ragingazn628]

I'm at 3000 coins ^_^

[davidspitzer]

 i mined about 10,000 the other day -  so yeah weeeeee

[ragingazn628]

i mined about 10,000 the other day -  so yeah weeeeee

imagine if we even get like 10 cents lol

[Jorgeminator]

Been mining with my HD 5870 every day since FreiCoin started. 375 Mh/s doesn't produce much at the moment, though 

[ragingazn628]

Been mining with my HD 5870 every day since FreiCoin started. 375 Mh/s doesn't produce much at the moment, though 

How much do you have now?

[Jorgeminator]

Been mining with my HD 5870 every day since FreiCoin started. 375 Mh/s doesn't produce much at the moment, though 

How much do you have now?

About 20k mined coins, and a few more that I have bought.

[ragingazn628]

Been mining with my HD 5870 every day since FreiCoin started. 375 Mh/s doesn't produce much at the moment, though 

How much do you have now?

About 20k mined coins, and a few more that I have bought.

Let's hope the prices go up to at least 50 cents!

[Wilderness]

i mined about 10,000 the other day -  so yeah weeeeee

did you mine before or after they started taking 80%?
I was looking into starting to mine Freicoins but when I saw they take 80% that rapidly slowed down my enthusiasm

[ragingazn628]

i mined about 10,000 the other day -  so yeah weeeeee

did you mine before or after they started taking 80%?
I was looking into starting to mine Freicoins but when I saw they take 80% that rapidly slowed down my enthusiasm

who takes 80%?

[chriswen]

Freicoin foundation.

And by the time it reaches 50 cents all your freicoins would have disappeared .

[tiberiandusk]

That foundation sounds like it will become someone's retirement account.

[Bicknellski]

That foundation sounds like it will become someone's retirement account.

http://www.freicoin.org/freicoin-foundation-f15.html

I think you need you actually learn more about it... before we have to go through all the misconceptions people have.

The foundation is ours... every user. Ultimately we decide. If the foundation can't distribute the coins equitably the worst case is that all the coins would be dumped / destroyed and then with demurrage would eventually be recycled back the miners benefits.

Don't get hung up about the foundation the real beauty of the Freicoin is the demurrage. A coin that once it has stabilized will be a currency we can USE unlike others that are kept and hoarded. Check out the foundation and more about Freicoin at the forum. Get involved and even post a Grant Proposal something that will help improve the FRC!