[ANN] AMERICAN COIN - AMC - Now About To Start - pool available already..

[FiatKiller]

150 unconfirmed...

[serge79]

Account Balance
242.40951998 AMC

Nice 

[frobley]

5 hours with 1450Kh, my balance 4.390556 AMC

[frobley]

network hash, pool hash, and block payouts, for 1450Kh rig
are these numbers correct ? Or scam 90% fee pool?

[serge79]

network hash, pool hash, and block payouts, for 1450Kh rig
are these numbers correct ? Or scam 90% fee pool?

I heard no payout from 6.5k to 14k blocks... I can't understand why you're getting coins.

[FiatKiller]

450...

[BrewCrewFan]

network hash, pool hash, and block payouts, for 1450Kh rig
are these numbers correct ? Or scam 90% fee pool?

I heard no payout from 6.5k to 14k blocks... I can't understand why you're getting coins.

cuz the devs changed it without notifying anyone. Heck... only a few people that were still mining at the time got payments for a few hours before it was noticed.

[jmbinfo]

cuz the devs changed it without notifying anyone. Heck... only a few people that were still mining at the time got payments for a few hours before it was noticed.

Yesterday it was everyone saying "I'm not mining for free...blah blah blah" and then today the devs gave those that stuck with it and mined some coins and now its "waaaaaaaa...only a few people that were mining at the time got payments....waaaaaaaaa" 

"...the devs changed it without notifying anyone..." - LOL, the devs haven't notified anyone about anything. I heard about it from com911 and I'm pretty sure he isn't the dev.

Bitch Less. Mine More.

[fenican]

No rewards yet there are still 1921 blocks left to mine.  Not sure what coin you are getting but it is not AMC

caveat = they may have donated some of the premine amount to people using the "official" pool

keep mind that you are probably mining them LTC in exchange for worthless AMC

Anyone throwing hash at the official pool is essentially an idiot

[jmbinfo]

caveat = they can donate some of the premine amount to people using the "official" pool

Yeah, that's obviously where the coins are from. I guess fees maybe.

[BrewCrewFan]

cuz the devs changed it without notifying anyone. Heck... only a few people that were still mining at the time got payments for a few hours before it was noticed.

Yesterday it was everyone saying "I'm not mining for free...blah blah blah" and then today the devs gave those that stuck with it and mined some coins and now its "waaaaaaaa...only a few people that were mining at the time got payments....waaaaaaaaa"  

"...the devs changed it without notifying anyone..." - LOL, the devs haven't notified anyone about anything. I heard about it from com911 and I'm pretty sure he isn't the dev.

Bitch Less. Mine More.

cuz the devs changed it without notifying anyone. Heck... only a few people that were still mining at the time got payments for a few hours before it was noticed.

Yesterday it was everyone saying "I'm not mining for free...blah blah blah" and then today the devs gave those that stuck with it and mined some coins and now its "waaaaaaaa...only a few people that were mining at the time got payments....waaaaaaaaa"  

"...the devs changed it without notifying anyone..." - LOL, the devs haven't notified anyone about anything. I heard about it from com911 and I'm pretty sure he isn't the dev.

Bitch Less. Mine More.

Edit... you actually started mining before hand.

[ribal]

Can you guys connect to the official pool? Seems like I can't anymore..

[nearmiss]

come join us at http://amc.scryptmining.com

We hit some paid blocks earlier, not sure what was up.  Certainly not the 'official' pool

[FiatKiller]

Not mining AMC?  lol

[fenican]

Wow the developers must have released a new client with the rewards changed.  This coin is a total debacle

Guessing half the network is running one set of code and another half is running the other.  Get ready for your coins to disappear

To be clear in the source code on github it is IMPOSSIBLE to get a mining reward, other than fees, between blocks 6500 and 14000

int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 100 * COIN;

    nSubsidy >>= (nHeight / 840000);

   if( nHeight > 6500 && nHeight < 14000 ) // no block reward while miners prep for release
      nSubsidy = 0;

    return nSubsidy + nFees;
}

Source code is here check it for yourself:

https://github.com/AMCcoin/AmericanCoin/blob/master/src/main.cpp

[fenican]

Also LOL at that screen shot.  The reward for mining a block is 100 coins not 150

[nearmiss]

 {
        "account" : "",
        "category" : "generate",
        "amount" : 150.00000000,
        "confirmations" : 494,
        "blockhash" : "6e542a4bf51f702f107919dbc26ae71717d022bf1898db69c95ce104b156c4fc",
        "blockindex" : 0,
        "txid" : "038cf36880ffdf921231e981a144d7cc0b782435c1d6cfe28b9bc053267c4b34",
        "time" : 1369943493
    },


{
        "account" : "",
        "category" : "generate",
        "amount" : 150.00000000,
        "confirmations" : 482,
        "blockhash" : "787d191cc273725abc722c8142ababbc68fe3f62f45b6af28674c20f3b0dc1b5",
        "blockindex" : 0,
        "txid" : "1edf12165f83ab320b384cc2ce4d0ab0edfa6ea183ef5ecf4166455512b6a520",
        "time" : 1369943754
    },
    {
        "account" : "",
        "category" : "generate",
        "amount" : 150.00500000,
        "confirmations" : 477,
        "blockhash" : "268a5aedb0194b178769dbd54f554853afdc1b4c79571af7dc80ef727432e1c8",
        "blockindex" : 0,
        "txid" : "ca9d229d629149571e09a5b33f670b3f5afe275e59624f201f000f3c15589fe3",
        "time" : 1369943900
    },
    {



Recently been getting these:

{
        "account" : "",
        "category" : "generate",
        "amount" : 0.00500000,
        "confirmations" : 186,
        "blockhash" : "908bdd1a6e022ee42d6418306b40ed3e46258c569c8f55007b4e24105c0a5ea7",
        "blockindex" : 0,
        "txid" : "4f3a535931b9a7abfacef26b0da4c96902a5215065e4c426bfe81ddf20eed118",
        "time" : 1369954329
    },
    {
        "account" : "",
        "category" : "generate",
        "amount" : 0.01000000,
        "confirmations" : 140,
        "blockhash" : "8beb6430e741ca930a4c87139b677e25cc0b449b6377e48b37f29756e261aafe",
        "blockindex" : 0,
        "txid" : "a378a2fd79d2617c454cb10053b9c06eb9a3850aefcbb734a6b9eb8147b66eaa",
        "time" : 1369956364
    },
    {
        "account" : "",
        "category" : "immature",
        "amount" : 0.00500000,
        "confirmations" : 36,
        "blockhash" : "290a1ba0b8d5072f0930dc6456bdb2bd25977d29d8987729f092ddf189b01373",
        "blockindex" : 0,
        "txid" : "cae4b3752b0b62a59caced16507375b1e797136581cc3202e3a3c5937fd1f4a0",
        "time" : 1369960270

shrug

[kimosan]

Stopped mining a few hours ago.

It's all about the pools... dude.   If they disappear, meh, who cares, so many alt crap coins already what difference will it make. Just having a bit of fun.

[nearmiss]

Starting to think that the Windows Client they released does not match the source code which clearly has a mining reward of 100 coins per block and does not start until 14,000

What a debacle

My output was from the linux source 

[kimosan]

Starting to think that the Windows Client they released does not match the source code which clearly has a mining reward of 100 coins per block and does not start until 14,000

What a debacle

Hah, it is pretty messed up I'll agree with that. Just checked my wallet and it's stuck at 350134 blocks remaining.

oh! 350132 now...