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Author Topic: How do alt coin developers make money on their coin?  (Read 476 times)
Raya
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February 19, 2014, 08:54:31 PM
 #1

I think this question needs to be answered as a lot of us don't know how they make money from creating a coin without premining it.

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Wipeout2097
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February 19, 2014, 09:01:50 PM
 #2

Even if they don't premine it, they instamine it. One hand clicks on the [ANN] thread "submit" button, the other starts the mining rigs.  Smiley  It typically takes a while and progressively for other people to react and move their hashpower to the coin

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February 19, 2014, 09:50:27 PM
 #3

Instamine is probably the only way they make money otherwise I guess its just a project to them.

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