Yes, indeed, these guys are right:
Please, read the original post and do the math yourself. This is not lies or gossip they are truths. I have nothing to gain from informing people of what they are getting into.
it's a joke, 1 mil premine, and 1.5 mil total, lol
1.5 million total coins. Please correct the math to 66% premine
While your main.h contains this line:
static const int64 MAX_MONEY = 31000000 * COIN;
This is the code that determines the money supply:
// miner's coin base reward based on nBits
int64 GetProofOfWorkReward(int nHeight, int64 nFees, uint256 prevHash)
{
int64 nSubsidy = 0.25 * COIN;
if(nHeight < 11)
{
nSubsidy = 100000 * COIN;
}
nSubsidy >>= (nHeight / 1051200);
return nSubsidy + nFees;
}
There are 10 blocks of 100,000 for the premine (1 million). The rest of the mining is governed by the infinite series (1000 years is close enough).
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimg829.imageshack.us%2Fimg829%2F6065%2Foawr.png&t=664&c=oHJ-v50AlpqrqQ)
What will be the solution? Change the documentation to the 1.526 million coins?