[ANN][MAX] MAXcoin - PoW, ASIC Resistance, Keccak GPU Mining

[eggdescrambler]

I wanted to check how long it would take to get to the max, it is halving every 12 months, with that, we get to 1 maxcoin per year in 28 years...

Year   Per 12 months   Cumulative
1   100,915,200   100,915,200
2   50,457,600   151,372,800
3   25,228,800   176,601,600
4   12,614,400   189,216,000
5   6,307,200   195,523,200
6   3,153,600   198,676,800
7   1,576,800   200,253,600
8   788,400   201,042,000
9   394,200   201,436,200
10   197,100   201,633,300
11   98,550   201,731,850
12   49,275   201,781,125
13   24,638   201,805,763
14   12,319   201,818,081
15   6,159   201,824,241
16   3,080   201,827,320
17   1,540   201,828,860
18   770   201,829,630
19   385   201,830,015
20   192   201,830,208
21   96   201,830,304
22   48   201,830,352
23   24   201,830,376
24   12   201,830,388
25   6   201,830,394
26   3   201,830,397
27   2   201,830,398
28   1   201,830,399

[igmaca]

What is it that gives long term value to a coin?

GOOD INITIAL DISTRIBUTION VS BAD INITIAL DISTRIBUTION
MINE VS PRE MINE
INNOVATIVE COIN VS CLONE COINS


Give every man on earth 1 MAX COIN and they will flow all back in the smart ones pocket.

[muyuu]

Not too sure about these 30 second blocks. What's the maximum block size?

[diond]

Considering this coin will be CPU-only at launch, are you not worried about botnets having a high % of hashing power compared to the "average" miner?

With scrypt variants this is less of an issue, with coins that have CPU mining only the reward for mining for the average Joe is very limited.

With CPU mined coins like this one, are these botnets (trojan-like viruses that use your CPU without you knowing) probably spring up and mine this too?


BTW, MaxCoin will be traded soon on Coins-E (https://www.coins-e.com/?ref=6397483995365376)

[vertoe]

Will there be a P2Pool implemenation of the SHA-3, or any Keccak python module available at launch?

[urbanogt5]

Want many MXC

[Herp]

Another cloned useless crypto that brings nothing interesting to the table. There are several coins out there asic-mining resistant (for now).

[elixir]

Is it possible to mine with GPU?

not right at the start, once the coin has launched then a gpu miner can be created.

[tkatzen]

Can someone post some links on how to create a botnet so I can get in on this. I have Kali Linux and I can probably get a Cantenna to work so I can steal Wi-Fi.

Honestly, I really give up on all of these coins. It's all pretty much a waste of electricity unless you are a criminal. I honestly don't see how making botnet operators rich benefits society.

I will try to mine it though... maybe I can get in on the first 15 seconds and turn a profit.

[MrE78]

Can someone post some links on how to create a botnet so I can get in on this. I have Kali Linux and I can probably get a Cantenna to work so I can steal Wi-Fi.

Honestly, I really give up on all of these coins. It's all pretty much a waste of electricity unless you are a criminal. I honestly don't see how making botnet operators rich benefits society.

I will try to mine it though... maybe I can get in on the first 15 seconds and turn a profit.

Cry much? Seriously if you want to know how to do something immoral google it. I have 7 computers in my house which will all be mining day 1. Shame I don't have my server anymore though.

[naplam]

Will there be a P2Pool implemenation of the SHA-3, or any Keccak python module available at launch?

Let me guess....... Nope! If there was, however, I'm willing to set up a node so pm me if you modify it.

[cryptoknightt]

Out of all the coins coming out how could this not be on your list!!

Gonna be a Fu%^ing circus!!


I'll be one of the first jumping on this ride

     

[busminer]

when launch of this coin ?

[jorneyflair]

botnet is a big problem

[Herp]

 “If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes. ... “

  Warren Buffett

[bitwho]

alright who is holding into a gpu miner for this cough it up!

[limbaugh]

Keiser supports crime with new coin release. Love it.

Criminal botnets love you now Max.

You need to fire the consultants for this coin.

[kache]

I like the idea, but there really needs to be made a GPU miner before release, otherwise the Botnets will take over, like they did with all the other CPU-only coins.

[naplam]

<dogedawg> so these max coin guys are doing a botnet release
<dogedawg> and probably already have a gpu miner
<dogedawg> and a huge gpu farm
<dogedawg> JERKS

The 'sentiment' on IRC ^

[upekha]

good to see this!