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Author Topic: New coin mining questions  (Read 345 times)
flashb
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February 08, 2014, 08:53:14 AM
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Hey Guys!

We're currently planning to launch a new altcoin. The target market is different from mainstream, and we changed the protocol to better suit this market.

We do want to have some share of the coins so we can have "founders profit". The key is mining but we are open to hear more ideas. Here are the options we though about:
1. Pre-mining (we don't like, and the community as well).
2. IPO with or without mining.
3. CPU mining only and rent some cloud computing power to mine.
4. GPU mining (scrypt) - buy some machines and be like everyone else.
5. SHA-256 mining - does it make any sense?
6. More bounties in the first period of mining.

Can you please give some pro/cons for the above options (mixing it up?) or the offer something else that we'll not light as greedy.

Thanks,
Flashb
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