What is AMC?

[jmbinfo]

Saw AMC info on Twiter and asked the BTCe troll box but can't find any other info. The site is amccoin.com but I don't know what "blocks til reward coins" means. Came to bitcointalk to research it but maybe I'm searching wrong cuz can't find it.

[abuelau]

It's a company owned by another company called VMC. Search these forums and you will find plenty of info.

[jmbinfo]

Ok. It looks new.

[abuelau]

And if you are interested you can buy stocks in bitfunder.com :-)

[jmbinfo]

What is bitfunder? Sounds fishy

[abuelau]

Go to the website and check for yourself: www.bitfunder.com.

[jmbinfo]

What is the blocks til reward mean?

[jmbinfo]

Go to the website and check for yourself: www.bitfunder.com.

Wow, what a waste of time. Not sure what that has to do with my AMC question.

[nebulus]

Go to the website and check for yourself: www.bitfunder.com.

Wow, what a waste of time. Not sure what that has to do with my AMC question.

https://bitfunder.com/asset/AMC#pane_profile

[jmbinfo]

No. This isn't the "cooperative". This is a coin. Ppl talking bout it on BTCe troll box.

[Sandstorm]

bitfunder is like BTCT.com bnut with trade fees

AMC is a sercurity for the VMC who are looking to get into the asic game.

does all look fishy but hey could be a good investment

[Jake McVitie]

AMC is Active Mining Cooperative - a hybrid Bitcoin mining and development cooperative.

[luke.watson]

AMC is active mining corporation, a company who purchased a load of avalon miners, which you can buy shares for and share the profit..




AMC American Coin is a new coin it looks like, based on litecoin it rewards 100 coin per block.

The question the op asked was what does 'there are xx blocks left until coins will be rewarded.' mean

I can only assume the network is currently open for mining but you will not be generating any coin until the timer hits 0, this is to give miners a chance to setup their rigs in anticipation of release. Rather than for the makers to start mining before anyone else has the chance thus pre-mining a ton of blocks

[jmbinfo]

AMC is active mining corporation, a company who purchased a load of avalon miners, which you can buy shares for and share the profit..




AMC American Coin is a new coin it looks like, based on litecoin it rewards 100 coin per block.

The question the op asked was what does 'there are xx blocks left until coins will be rewarded.' mean

I can only assume the network is currently open for mining but you will not be generating any coin until the timer hits 0, this is to give miners a chance to setup their rigs in anticipation of release. Rather than for the makers to start mining before anyone else has the chance thus pre-mining a ton of blocks

Thanks Luke.