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

[BrewCrewFan]

what block is it on now and how long in hours until the coins will generate?

Its generating already, but diff is not changed yet after hasrate jump (from 3mh/s (when I've started mining) to 20mh/s). So orphanes now possible.
Reward immature before 120 confirms.

its NOT generating refresh the page and you will see the counter go down for the total number of blocks.

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[BrewCrewFan]

I'm not sure what they are doing with this coin. It got leaked the other day and had a block heigh of 10k. Then I saw it mentioned again and saw the website with the block counter. I downloaded a new copy and saw that the block chain was at 8K. Yesterday I downloaded it and found that it is at block 201 and the block counter on the website put us further away from generating coins than before.

The first version I downloaded and the last one had different genesis blocks. I have no idea what is going on with this coin. Perhaps we should wait for an official announcement as currently it has only served as a hashrate sink.

Yep let the fools mine it first and then when they payout start look for 200 MHS jumping on.

Same old shit just another coin that will only be in the hands of the few.

[niteryder]

Someone could put up a pool for it already?

so everyone gets a fair chance?

I would, but I grow tired of making pools for shit coins that vanish after a week.

[cryptohunter]

working pool before launch of coin only way really these days.

[com911]

what block is it on now and how long in hours until the coins will generate?

Its generating already, but diff is not changed yet after hasrate jump (from 3mh/s (when I've started mining) to 20mh/s). So orphanes now possible.
Reward immature before 120 confirms.

its NOT generating refresh the page and you will see the counter go down for the total number of blocks.

Exactly! Counter on amccoin.com going down, it looks like countdown of blocks estimated to official release. Network looks healthy.

[ChekaZ]

If anyone could set a pool up for release would be awesome!

[com911]

If anyone could set a pool up for release would be awesome!

Noone knows even if its ready to release, but I am selling it already lol   Managed to get some before diff inreased

[WOPR]

{
    "blocks" : 7002,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 0.01562500,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 13742429,
    "pooledtx" : 0,
    "testnet" : false
}

[cryptohunter]

If anyone could set a pool up for release would be awesome!

+1 has there even been working pools before launch, i mean pnx had some which was a cool idea but sadly they didnt work that well.

[com911]

Not sure about start after block 7000. I think they wanted to release it here officially after block 14000 (because block couter on official page is actually countdown, and it shows 6920 ,+7080 already on network)

[WOPR]

Code:

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

[maxsolnc]

Code:

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

so does this mean a premine?

[com911]

Code:

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

So, first 6500 was with reward for developers, and another rewardable blocks will be after 14000?

[com911]

so does this mean a premine?

6500*100=650.000
At least not so much for coin with 168 mln cap, in comparison with last altcoins releases.
Giveaways etc.

[WOPR]

so does this mean a premine?

6500*100=650.000
At least not so much for coin with 168 mln cap, in comparison with last altcoins releases.
Giveaways etc.

I'm confused with total amount of coins:

Code:

static const int64 MAX_MONEY = 1680000 * COIN; // Americancoin: maximum of 168 million coins

[Hazard]

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

So there was a 6500 block premine.

What a joke.

[com911]

I'm confused with total amount of coins:

Code:

static const int64 MAX_MONEY = 1680000 * COIN; // Americancoin: maximum of 168 million coins

1.680.000*100(block reward)? Or just 1.680.000?
Anyway ChinaCoin has cap of 462.5 mln but traded.

[Moray]

The premine is 650k coins, not 6.5 mil.
But I'm confused with total coins, too...

[com911]

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

So there was a 6500 block premine.

What a joke.

It just wasn't announced properly, but some people managet to mine it before 6500 (like me )

[Hazard]

The premine is 650k coins, not 6.5 mil.
But I'm confused with total coins, too...

Retarded dev who missed a few zeros.