[PRE-ANN] - Wecoin - Keccak - PUBLIC PREMINED COINS - Join the premine now.

[spiffcow]

This may take the crown for best scam coin ever...  Excellent presentation, creative scam component (tell people they're mining your coin, but really mining maxcoin and making you rich), *and* you can fulfill every promise you've made whilst perpetrating this scam!

TOTAL HASHRATE
 240.8 GH/s
 TOTAL INVESTMENT
 4.8233
 MY HASHRATE
 0.0 GH/s
 MY INVESTMENT
 0.0000

You got me beat.  I mined for 5 minutes before I realized that I didn't get coins + portion of premine, only portion of premine. 

[1714951917]

1714951917

[1714951917]

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[1714951917]

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[tibenian]

 
I am totally in! just love the way that person makes money!
5 days you own my 5x7870! 
GOOD JOB MATE!

[ozie]

for this creative scam i will give you my rigs for the whole 5 days

Very well done  

[pabloangello]

With 225 gh/s power you can mine about 4500 maxcoins daily that's about $1200

[frankiebits]

Anyone know what speeds are to be expected from mining keccak? I am getting 711 mhash but only 142 WU with my 3x Radeon 270x.

[pabloangello]

And https://pool.wecoin.in/ is dead

[ocminer]

[Thomasvd]

Guys this is a scam, i would advice u to stop mining, untill the dev team explains thereselfs, and is more transparant.
This is 90% maxcoin.

Stopped mining.

[tibenian]

pool still alife

[tylerderden]

yeah i think thats my cue to bail. adios joker.

[pabloangello]

Stopped mining, f*ck that least till explanations.

[bizmak]

You attempted to reach pool.wecoin.in, but instead you actually reached a server identifying itself as ssl6737.cloudflare.com. This may be caused by a misconfiguration on the server or by something more serious. An attacker on your network could be trying to get you to visit a fake (and potentially harmful) version of pool.wecoin.in.

[tibenian]

Hey Dev,
I wish you dump MAX to hell and pump your scam coin to the moon
I'd be happy if you own a big portion of if, but I guarantee that you still can do the greatest cheat since last 4-5 months on Altcoins
you have my 5x7870 for 5 days from now. appreciated!

[coolisbad]

This whole "public premine" makes no logical sense. If it's already public, why make it a premine? Wouldn't it be easier and better for everyone to just launch the wallets and let people scrutinize the coin? It has no advantage whatsoever for the public. However, for the scammer pool owner it makes perfectly good sense: people are sending their hashes to a pool that uses them to mine maxcoin (or maybe helixcoin, whatever is more profitable at the moment).

So, the latest trend in scamming is stealing unrefined hashes instead of stealing bitcoin (refined hashes as it were). Nice one.

[tibenian]

   56140.30508608
<--- current MAX difficulty

[daemmon]

You attempted to reach pool.wecoin.in, but instead you actually reached a server identifying itself as ssl6737.cloudflare.com. This may be caused by a misconfiguration on the server or by something more serious. An attacker on your network could be trying to get you to visit a fake (and potentially harmful) version of pool.wecoin.in.

inb4 WeCoin posts saying "I got hacked, just like the Poloniex guy, sorry!"

[kache]

Holy shit, this guy is a genius.
He distributes 10B Wecoins (~10% of all coins) to people, while getting around 5k Maxcoins (2BTC) per day from the miners.
You might hate the scam, but you have to admit it's genius.

[DrFingol]

Holy shit, this guy is a genius.
He distributes 10B Wecoins (~10% of all coins) to people, while getting around 5k Maxcoins (2BTC) per day from the miners.
You might hate the scam, but you have to admit it's genius.

Not that genius since it didn't take us long to figure this scumbag out.

[SlidingHorn]

Holy shit, this guy is a genius.
He distributes 10B Wecoins (~10% of all coins) to people, while getting around 5k Maxcoins (2BTC) per day from the miners.
You might hate the scam, but you have to admit it's genius.

I have to say, I'm kind of impressed with this one.

If people spent 10% of the ingenuity they dedicate toward scams to productive causes, instead, the crypto world would be SO much different *sigh*

[kache]

Holy shit, this guy is a genius.
He distributes 10B Wecoins (~10% of all coins) to people, while getting around 5k Maxcoins (2BTC) per day from the miners.
You might hate the scam, but you have to admit it's genius.

Not that genius since it didn't take us long to figure this scumbag out.

True, but the hashrate isn't going down... 
This could honestly be a mutually profitable endeavor. Dev gets 10BTC worth of Maxcoins, we get 10B worth of Wecoins, which might or might not sell for high enough to pay back for the electricity of these 5 days of mining (I'd only need to profit 0.05BTC off this).
Plus, he has enough BTC to pay cryptorush to pick up the coin at launch, AND he has no reason to dump huge premine on the market (since he has none himself and he already made his profit in BTC), which might keep the coin price high enough to pay back the mining time (something maxcoin doesn't offer anymore at current price).
We'll see, but I'm gonna stick with it for 24 hours. Worst case scenario I only break even at 1 satoshi.