[ANN] ALBOCOIN Official announcement - [Scrypt] [ANN]

[albocoin]

http://albocoin.org/alcuploads/alb_logosmall_289x291.png

*******  Albocoin  *******

Albocoin is a peer-to-peer crypto currency, as many other coins it is based on Bitcoin open source software and it uses Scrypt hashing algorithm similar to Litecoin. The Albocoin network is available for everyone since March 1, 2014. We invite everyone to use the opportunity  to join our network and start mining Albocoin while the difficulty is low and help us taking it to the next level (making Albocoin a tool for payments online). The initial network is designed to handle the transactions in timely matter and with no delays. 
   1.5 billion coins total
   500 Coin reward per block
   Default RPC mining port is 38991
   Block target is 5 minutes
   Difficulty retargeting = blocktime/hashrate x amount of blocks

Wallets:
Download wallets from www.albocoin.org/download
Follow the instructions for installation on different operating systems

Direct Links to wallet and source
Windows:  http://www.albocoin.org/?wpdmact=process&did=My5ob3RsaW5r
Windows with mining:  http://www.albocoin.org/?wpdmact=process&did=Ny5ob3RsaW5r
MAC: http://www.albocoin.org/?wpdmact=process&did=NC5ob3RsaW5r   
GITHUB Source: https://github.com/albocoin/albocoin

Block explorer:
https://coinplorer.com/ALB


Support forum
http://www.crypto-value.com/forum

Exchanges:
http://www.crypto-markets.com   
https://c-cex.com/index.html?p=alb-btc

Partners:
http://www.crypto-value.com   
http://www.crypto-markets.com

Mining
Albocoin can be mined using the CPU and GPU
Solo mining available through the wallet or CgMiner
Mining pools will be available soon

For more info please visit: www.albocoin.org

[PoolNetwork]

Need a pool?

Edit: 159,582 blocks already mined!

{
    "blocks" : 159582,
    "currentblocksize" : 0,
    "currentblocktx" : 0,
    "difficulty" : 0.00024414,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 10324,
    "pooledtx" : 0,
    "testnet" : false
}

[ralexvalex]

160k mined. move along...

[Oeloec]

0.5% premine?

[albocoin]

The mining was open since march 1st, so people have mined. There was also mining done by albocoingroup which will help us running.

Posted From bitcointalk.org Android App

[Simpson93]

hmm i only saw like 22 khs all the time. So only one Person cpu mining all the time?

[Joshuar]

Why was the mining open since March 1st when the Official announcement only came out today..

[dagi]

next LOL coin ... good luck

[username here]

Why was the mining open since March 1st when the Official announcement only came out today..

Because he wanted to mine ahead of the launch and then dump it?  Honestly why would be expect anything less than that from a copy/paste coin.

[Andradez]

Perhaps, the coin was premined (Bounties, IPO, Pump and Dump???) but it is listed on http://www.crypto-markets.com/  and  https://c-cex.com/index.html?p=alb-btc.

If its value picks up a little it will be very profitable  because Difficulty right now is very low and  anyone is able to mine  whole blocks  even with a CPU  let alone GPU cards and big mining rigs.

I will give it a shot and see where it goes.

I encourage those  with low has power to mine this one in the early stage while you can.

Happy  Mining!

[rosequee]

really! 0.5% premine?

[Oldminer]

no, fuck a thousand times no

[touchcoin]

i am in.but want to try

[xploreredfusion]

Selling 200K Albocoin. Post offers

[Oeloec]

diff still 0.00024414, will it ever change 

[UrsaMajorisBeta]

No. Please stop. Let it die. Like we didn't have enough garbage coins already!

[gjhiggins]

diff still 0.00024414, will it ever change  

No it won't. At least not until the value of nTargetSpacing is increased from its current setting of 1 second:

https://github.com/albocoin/albocoin/blob/master/src/main.cpp#L907

At that setting, the difficulty is permanently capped at the default bnProofOfWorkLimit of 1/12^2, i.e. 0.00024414

Fwiw, AlboCoin is a clone of Dogecoin-1.4, with all that implies.

Cheers,

Graham.

[coinrose33]

good news ,watch.

[richwang]

Nothing new?

[dE_logics]

~5% premine