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

[PJDavis1970]

Like this comment from Max on twitter

Max Keiser ‏@maxkeiser Jan 30
My Irish friend who owns over $100,000,000 in BTC and alts says he's LOVES @maxcoinproject and can't wait to GO BIG!!!

[1714902832]

1714902832

[bigtimespaghetti]

As soon as I get time to check it out I'm in on this pump.

[Falcooon]

This is going to be interesting..

[Robre]

Ok so let me get this straight, you can mine this coin from the wallet itself? How does that work? Will this be user friendly or super complicated. Also if you mine from the wallet how do pools work?

[Wedel]

Ok so let me get this straight, you can mine this coin from the wallet itself? How does that work? Will this be user friendly or super complicated. Also if you mine from the wallet how do pools work?

I was wondering on the same thing actually, can you actually mine from the wallet withouth any pool? And will mined coins go directly to your wallet?

[sidhujag]

Ok so let me get this straight, you can mine this coin from the wallet itself? How does that work? Will this be user friendly or super complicated. Also if you mine from the wallet how do pools work?

I was wondering on the same thing actually, can you actually mine from the wallet withouth any pool? And will mined coins go directly to your wallet?

Bitcoin was initially solo mined, pools came after.

[guybrushthreepwood]

Ok so let me get this straight, you can mine this coin from the wallet itself? How does that work? Will this be user friendly or super complicated. Also if you mine from the wallet how do pools work?

I was wondering on the same thing actually, can you actually mine from the wallet withouth any pool? And will mined coins go directly to your wallet?

Yeah they go straight in.

[Netnox]

If it's not pre mined how will max himself profit out of this?

Those 2 devs probably give him lots of max coins for free, they will mine it with botnets or have pre mined it.

Something is corrupt here, i don't think the devs are being honest

[guybrushthreepwood]

If it's not pre mined how will max himself profit out of this?

Those 2 devs probably give him lots of max coins for free, they will mine it with botnets or have pre mined it.

Something is corrupt here, i don't think the devs are being honest

Maybe he's not wanting to profit, or maybe the devs have promised him some of thier coins they'll mine.

[drdops]

Temperature on other planets goes up and down too yet there is no Fossil Fuel Burning going on, no SUV's. Explain THAT one. (Hint: It's the Sun)

As far as Algore being a BitCoin fan that doesn't negate all his previous Snake Oil Sales.  I'm sure he's a real nice guy in person and he got all choked up when he watched "The Notebook".

Doesn't matter, he's STILL a scam artist.

Yeah man doesn't impact climate at all. It's all happening naturally and man can't impact shit at all.

Tell that to people using gas masks in Shanghai where they can't breath due to too much smog. Did you know they have warning signs in Shanghai when all car traffic has to stop because air is way too polluted? http://static4.businessinsider.com/image/52a0035b6bb3f7972cdb2394/the-smog-in-shanghai-right-now-seriously-looks-like-its-the-end-of-the-world.jpg http://www.reuters.com/article/2014/01/15/us-china-pollution-idUSBREA0E0RD20140115

Don't be a fucking tool man. Propaganda cuts both ways you know. Just because one party is right doesn't mean other party is wrong and vice versa.

all i can say guys is who really knows? we are all exposed to propaganda from every angle. Im not coming down on either side but the question remains: can we afford to be wrong? say  our effect on climate turned out to be marginal would it still not have been better to clean up our act than take a chance? if there is a so called tipping point where things become irreversible- where are we then?

What are you on about? There is a HUGE difference between creating pollution and CHANGING THE CLIMATE. ughhh

[hilariousandco]

I'd laugh if it was pre-mined. Keiser is such a troll.

[yatsey87]

 Is the source code available?

[Netnox]

If it's not pre mined how will max himself profit out of this?

Those 2 devs probably give him lots of max coins for free, they will mine it with botnets or have pre mined it.

Something is corrupt here, i don't think the devs are being honest

Maybe he's not wanting to profit, or maybe the devs have promised him some of thier coins they'll mine.

Keiser is always in for a profit. Here is what i think:

The devs approached max with this idea and promised him lots of maxcoins if he would agree. This means easy promotion for the devs, basically max himself will do all the advertising and the devs make money.

[turtoro]

Like this comment from Max on twitter

Max Keiser ‏@maxkeiser Jan 30
My Irish friend who owns over $100,000,000 in BTC and alts says he's LOVES @maxcoinproject and can't wait to GO BIG!!!

...and the pumps of all pumps begins

[sidhujag]

If it's not pre mined how will max himself profit out of this?

Those 2 devs probably give him lots of max coins for free, they will mine it with botnets or have pre mined it.

Something is corrupt here, i don't think the devs are being honest

Maybe he's not wanting to profit, or maybe the devs have promised him some of thier coins they'll mine.

Keiser is always in for a profit. Here is what i think:

The devs approached max with this idea and promised him lots of maxcoins if he would agree. This means easy promotion for the devs, basically max himself will do all the advertising and the devs make money.

Agree, as a developer its what I would do.

[guybrushthreepwood]

If it's not pre mined how will max himself profit out of this?

Those 2 devs probably give him lots of max coins for free, they will mine it with botnets or have pre mined it.

Something is corrupt here, i don't think the devs are being honest

Maybe he's not wanting to profit, or maybe the devs have promised him some of thier coins they'll mine.

Keiser is always in for a profit. Here is what i think:

The devs approached max with this idea and promised him lots of maxcoins if he would agree. This means easy promotion for the devs, basically max himself will do all the advertising and the devs make money.

Probably, but taking money from a coin that doesn't even exist yet seems like a risk. I can't imagine he'll make much from this anyway. If the coin turns out to be premined or a scam it's gonna look bad on him as well.

[Robert Lewandowski]

I have a strong feeling all of Bristol Uni has built some insane mining rigs and is ready to mine the shit out of Maxcoin on release. There is no hope in buying this coin fairly cheap on an exchange after it comes out.

[Darrell]

He won't premine it, he will buy it from all the miners early on 

[yatsey87]

He won't premine it, he will buy it from all the miners early on 

I doubt Keiser will be spending money on it.

[sidhujag]

I have a strong feeling all of Bristol Uni has built some insane mining rigs and is ready to mine the shit out of Maxcoin on release. There is no hope in buying this coin fairly cheap on an exchange after it comes out.

Yea they probably will have a GPU or a linux standalone optimized miner for AVX or something that the wallet GUI doesn't have.. essentially premining the heck out of it and releasing it a few weeks later when the difficulty is high and price is high enough to start dumping.

Its a standard trick and one that people wont find out since there are no pools, no way of knowing other than reading the blockchain... I'm guessing you will see most coins go out to a select few addresses for the first few days and we will know then that they are running a different version of a miner upon release.

There needs to be a better and safer way to release coins to avoid all of this.. however incentive is always there to hack it because you can make money by making people believe they are mining it just like everyone else... instead they are padding someone elses wallet while wasting their time .