[ANNOUNCE] Mining on Ixcoin, a new Bitcoin fork

[Nasakioto]

Ixcoin is a fork of Bitcoin with twice the inflation rate of 96 Ixcoins per block and the same 21 million total limit.

Ixcoin is intended to closely mirror code updates to Bitcoin to allow for easy interoperability with Bitcoin-related third party services and APIs.

More details at http://www.IxCoin.org and in the FAQ

See also https://bitcointalk.org/index.php?topic=36218.0

Where can I get the executables?

On Sourceforge:

ixcoin-0.3.24-linux.tar.gz SHA1: 9c60367439ca849ae8749182fd3c2e0b60728890

ixcoin-0.3.24-linux-src.tar.gz SHA1: 65b08df71875c7fcbac6450bf2edd84c70f1ba62

ixcoin-0.3.24-win32-setup.exe SHA1: 0298f65e4e309c54d25052ecee70e25796d362c4

ixcoin-0.3.24-win32.zip SHA1: 573a36bde8ab8e29874cc8327f3262775ffcc63a

The mining difficult is silly small - for a few hours at least... So start mining asap!

There are over 230,000+ IXC bounties up for grabs.

Listed below are the mining related bounties:

• First pool to reach 500GH/s on Ixcoin blockchain    20,000 IXC
• First pool to reach 1,000GH/s on Ixcoin blockchain    50,000 IXC
• First tier-3 mining pool to support Ixcoin    2,000 IXC    
• First tier-2 mining pool to support Ixcoin    5,000 IXC    
• First tier-1 mining pool to support Ixcoin    10,000 IXC    

[bizzy]

My understanding is that the reason for slower growth in Bitcoins was to keep mining profitable until the currency takes off (and after that gets funded by transaction fees). So this would mean speeding up the process (and trying to complete with the more established Bitcoin currency) might drop the incentives to mine too quickly. It would also mean the currency is held by a fewer number of people, exposing it to greater fluctuations in any exchanges that use it.

[Luke-Jr]

If you're going to fork Bitcoin, at least try to fix the many flaws in it...

[Reckman]

Whats a fork exactly, just another Bitcoin with no ties to the original?

[tnkflx]

Don't mine this, he just wants to be an early adopter and probably pump and dump his "Ixcoins"... He owns 500k already.

[Sukrim]

If it at least would have been made merged mining aware right from the beginning...

Why create a Bitcoin fork that is not merged mineable?!

Also please create a patch for the alternate Block Explorer, so we can at least track Difficulty.

[LeFBI]

You forgot to mention that you already mined 580,000Coins into your own wallet.dat before you made your fork public.

Whereas there are currently ~580K Ixcoins (as of 10th August 2011) in existence and it is expected that all 21 million Ixcoins will have been generated by 2015.

https://bitcointalk.org/index.php?topic=36218.0

Isn't one thread enough?

[Matoking]

Hey guys I'm gonna make my own fork of Bitcoin that has ridiculously fast block generation rate and doesn't fix any flaws with the system, and then I mine half of the available coins by myself before making the fork public.

I'm gonna be rich.

[server]

It's obvious there is a need for this... maybe the bitcoin difficulty is too high ?

This could help getting the difficulty down.

But his name is a strange combination of NASA and kioto refers to Kyoto protcol

[film2240]

How do I mine solo with IxCoin on GUIminer?

Whats the value of Ixcoin compared to other currencies?

[AngelusWebDesign]

Do IXcoins even have value yet? Do any exchanges trade them?

I am also doubtful about the value of IXcoin, aside from giving Mr. Nasa-Kyoto a 2nd chance at being a Bitcoin early adopter.
I don't see the benefit(s) of this fork over real Bitcoins.

And who chooses a picture of themselves for their forum avatar? (Apologies to Vladimir) Actually, there is a difference between Vladimir's pic and this guy's. Vladimir is just showing what he looks like (average guy). This guy is going for more of a glamour shot, which is disturbing to say the least (considering this forum is mostly guys!)

Pretty forked-up, if you ask me...

Matthew

[Starlightbreaker]

it was extremely profitable.

now, not so much.

[Xephan]

Do IXcoins even have value yet? Do any exchanges trade them?

I am also doubtful about the value of IXcoin, aside from giving Mr. Nasa-Kyoto a 2nd chance at being a Bitcoin early adopter.
I don't see the benefit(s) of this fork over real Bitcoins.

And who chooses a picture of themselves for their forum avatar? (Apologies to Vladimir) Actually, there is a difference between Vladimir's pic and this guy's. Vladimir is just showing what he looks like (average guy). This guy is going for more of a glamour shot, which is disturbing to say the least (considering this forum is mostly guys!)

Pretty forked-up, if you ask me...

Matthew

It's apparently some Jap idol and the chances are I'm more Japanese than he is!

As for his name "Thomas Nasakioto", somebody pointed out it's an anagram of Satoshi Nakamoto.

[shotgun]

Do IXcoins even have value yet? Do any exchanges trade them?

I am also doubtful about the value of IXcoin, aside from giving Mr. Nasa-Kyoto a 2nd chance at being a Bitcoin early adopter.
I don't see the benefit(s) of this fork over real Bitcoins.

And who chooses a picture of themselves for their forum avatar? (Apologies to Vladimir) Actually, there is a difference between Vladimir's pic and this guy's. Vladimir is just showing what he looks like (average guy). This guy is going for more of a glamour shot, which is disturbing to say the least (considering this forum is mostly guys!)

Pretty forked-up, if you ask me...

Matthew

It's apparently some Jap idol and the chances are I'm more Japanese than he is!

As for his name "Thomas Nasakioto", somebody pointed out it's an anagram of Satoshi Nakamoto.

It's probably Tom Williams in hiding 

[infested999]

If this guy wanted to make some serious money he should have invest a few thousand $$$ to buy off the other peoples IXCoins so they start to trust it a little bit. Then sell off his 500K and cash in!

[Mousepotato]

At least it's a few hundred GH/s that aren't mining on the Bitcoin network.  Lower re-target, here we come!

[sunny day]

At least it's a few hundred GH/s that aren't mining on the Bitcoin network.  Lower re-target, here we come!

+1
we need more of these forks

[Starlightbreaker]

At least it's a few hundred GH/s that aren't mining on the Bitcoin network.  Lower re-target, here we come!

that, and namecoins in several months.

[AngelusWebDesign]

Yeah, the Namecoin bonanza is going to last all of 2 days. I doubt it will even affect BTC difficulty.

[Blackout]

I'm sure we'll be seeing a lot of this. 
 
We can all start our own fork and be the first adopter and have tons of coins but unfortunately we can only sell them to ourselves so there is no value.  It's like playing monopoly solo AND being the banker... what's the point... no value, it all goes back in the box till there are players.