MEMCOIN,A Peer-to-Peer Currency

[RouteToCoast]

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M E M C O I N
A Peer-to-Peer Currency · MEM · 2026

"It's nice how anyone with just a CPU can compete fairly equally right now"
— written into the first block of the chain


In the 3 days and 12 hours since we publicly unveiled our whitepaper vision, we have observed that large mining farms have monopolized nearly all rewards, which conflicts with our design goals.
We are redesigning the algorithm and will launch a new chain once the new design is finalized to align the network with the philosophy of our whitepaper.

[BitokHolder]

What about win users? .how for simple user download and start mining ?

[BitokHolder]

Where is the link for webwallet ?

[BitokHolder]

I download and setup miner,
Run for -t 4
Solution founded very fast with just 0,56 hash
Wallet setup via web.

Now mine question is how to connect to node to check for the amount coins in the wallet ?
Give please some IP:port to input in explorer and wallet html please

[RouteToCoast]

Temporary nodes mining ports have been shut down due to Hashrate growing too fast.

[Laheeboo]

QUICK MINING was designed to start mining before the wallet finished syncing. But now that the network Hashrate has grown so fast, most computers take over ten hours or even a full day to mine 1 block.
34.121.201.141:9332 and 34.22.180.125:9332 mining ports will close in 3 hours.

both my computers had a combined speed of 3 h/s and never found a block lol it's ok hopefully I can connect somewhere else soon once these ports are closed.

[BitokHolder]

QUICK MINING was designed to start mining before the wallet finished syncing. But now that the network Hashrate has grown so fast, most computers take over ten hours or even a full day to mine 1 block.
34.121.201.141:9332 and 34.22.180.125:9332 mining ports will close in 3 hours.

both my computers had a combined speed of 3 h/s and never found a block lol it's ok hopefully I can connect somewhere else soon once these ports are closed.

What about those who can't run own node?

[devhazard]

It’s looks very interesting,
the idea for simple pc users to join is awesome.

But the point is to make this simple AF,
need to compile node for window users.

Any simple gui wallet will help new users for sure!

[BitokHolder]

Someone may please share IP to connect for his node to continue mining?

[BitokHolder]

I tested for whole day:
Two pc one with 1 H/s and second 0.2 H/s as dev asked to reduce hash
Both didn't solve any block for whole day
I monitor for the rewards there are 2 wallet who's earned

Dev something doesn't work as you expected
Any ideas to fix that?

[Laheeboo]

So to reduce the rewards everyone gets 0 and the guy who was making the most is now making all ?

2 pcs wasted electric trying to find not 1 solution ....

A dev that reduces his own network instead of increasing rewards when too many people join the project? where is the logic? you want your coin to only have 7 miners and never grow then why post it here

[BitokHolder]

So to reduce the rewards everyone gets 0 and the guy who was making the most is now making all ?

2 pcs wasted electric trying to find not 1 solution ....

A dev that reduces his own network instead of increasing rewards when too many people join the project? where is the logic? you want your coin to only have 7 miners and never grow then why post it here

+++++

I don't get it at all! Network is about 60 H/s
Pools can't operate cause that against the code
Solo miners should reduce the hash and let one big whale eat the net?

[Laheeboo]

So to reduce the rewards everyone gets 0 and the guy who was making the most is now making all ?

2 pcs wasted electric trying to find not 1 solution ....

A dev that reduces his own network instead of increasing rewards when too many people join the project? where is the logic? you want your coin to only have 7 miners and never grow then why post it here

+++++

I don't get it at all! Network is about 60 H/s
Pools can't operate cause that against the code
Solo miners should reduce the hash and let one big whale eat the net?

and mind you we all started mining from block 2000 onwards ... and even very early on it was very hard to find a block

It's ok my cpus need to rest after the shitshow from bitok turning them on again to get nothing is a waste of electric and shortening their lives for nothing.

[BitokHolder]

So to reduce the rewards everyone gets 0 and the guy who was making the most is now making all ?

2 pcs wasted electric trying to find not 1 solution ....

A dev that reduces his own network instead of increasing rewards when too many people join the project? where is the logic? you want your coin to only have 7 miners and never grow then why post it here

+++++

I don't get it at all! Network is about 60 H/s
Pools can't operate cause that against the code
Solo miners should reduce the hash and let one big whale eat the net?

and mind you we all started mining from block 2000 onwards ... and even very early on it was very hard to find a block

It's ok my cpus need to rest after the shitshow from bitok turning them on again to get nothing is a waste of electric and shortening their lives for nothing.

PM please, i opened mine inbox

[RouteToCoast]

The hashrate has grown far beyond expectations, effectively bypassing the anticipated low-difficulty slow-start phase. The network has already reached a difficulty level where most computers are unlikely to mine a block within a few hours on their own.

Typically, by the time difficulty reaches this point, small mining pools have already begun to emerge — offering those who don't want to wait, and who prefer steady, predictable rewards, a practical alternative. As outlined in the whitepaper, the algorithm is specifically designed to discourage large-scale mining pools while remaining friendly to smaller ones; a pool of a few hundred participants falls well within the spirit of the algorithm.

The core issue is that hashrate has multiplied more than a hundredfold over the past 20 hours, and pool infrastructure simply hasn't had time to catch up. It's likely that some individuals are operating dozens of machines, presumably out of conviction in the coin's long-term value — but this is undeniably undermining fairness. This is precisely why the mining port on the temporary server was previously shut down: to protect the level playing field for users who had already installed the wallet.

We are still in a very early stage. As more participants join the network, the advantage held by those running dozens of machines will diminish rapidly. We all run the same algorithm and consume the same energy per machine — and the time advantage still rests with the majority of everyday computers.

For those looking to secure block rewards consistently, the best course of action is to join a mining pool once one becomes available.

[BitokHolder]

The hashrate has grown far beyond expectations, effectively bypassing the anticipated low-difficulty slow-start phase. The network has already reached a difficulty level where most computers are unlikely to mine a block within a few hours on their own.

Typically, by the time difficulty reaches this point, small mining pools have already begun to emerge — offering those who don't want to wait, and who prefer steady, predictable rewards, a practical alternative. As outlined in the whitepaper, the algorithm is specifically designed to discourage large-scale mining pools while remaining friendly to smaller ones; a pool of a few hundred participants falls well within the spirit of the algorithm.

The core issue is that hashrate has multiplied more than a hundredfold over the past 20 hours, and pool infrastructure simply hasn't had time to catch up. It's likely that some individuals are operating dozens of machines, presumably out of conviction in the coin's long-term value — but this is undeniably undermining fairness. This is precisely why the mining port on the temporary server was previously shut down: to protect the level playing field for users who had already installed the wallet.

We are still in a very early stage. As more participants join the network, the advantage held by those running dozens of machines will diminish rapidly. We all run the same algorithm and consume the same energy per machine — and the time advantage still rests with the majority of everyday computers.

For those looking to secure block rewards consistently, the best course of action is to join a mining pool once one becomes available.

Soo basically you created an project for home pc users
But now you ask them to sit back and wait for solutions..
Nonsense brother 😑

You should deploy everything as it for whole users lvls

Make some peers public to connect and mining for those who's can't run own nodes

[d3bian]

OP and rest miners here, share ip:port to connect please

[BitokHolder]

That's great news! Waiting for tests

[d3bian]

I joined to the club with own node, that was crazy!
Synced about 8h another 1.7 H/s in the pool

[d3bian]

last block 40m ago, dev?

guys lets create some chat like tg or discord ?