[ANN][EBG] EmbargoCoin SHA256 7Million coins

[MickGhee]

wts 25 for .1 super HARD TO GET

[crazyearner]

Da fook already diff at 7.8 M so quick what the hell.

Edited

Now at 13.1 mill insane rise in such short time.

[EmbargoCoin]

Da fook already diff at 7.8 M so quick what the hell.

Edited

Now at 13.1 mill insane rise in such short time.

You also have to remember that the blockchain is programmed to try to have 20 minute blocks, so that means the difficulty will be higher to try and maintain that speed.  The difficulty will be twice what Bitcoin would be at the same hashrate.

[nickbiker]

This coin is going to fail! I have solid information to proof this! 'BenjaminsBaby' launched 2 months ago, with a 10 minute block time and 10 million total coins. Everything started off very well but the difficulty climbed very quickly until all the miners left and stuck with a very slow blockchain. 10 minute block chain is guaranteed failure.

Just following the following thread and see how 'BenjaminsBaby' failed miserably.
https://bitcointalk.org/index.php?topic=444543.0

On the other hand please continue mining this coin so people like me can mine real coins and mining with a difficulty of less than 20,000. When you realised you've mad a mistake then jump onto the GlobeCrypto band wagon and mine a real coin with potential. http://www.globecrypto.com

[EmbargoCoin]

This coin is going to fail! I have solid information to proof this! 'BenjaminsBaby' launched 2 months ago, with a 10 minute block time and 10 million total coins. Everything started off very well but the difficulty climbed very quickly until all the miners left and stuck with a very slow blockchain. 10 minute block chain is guaranteed failure.

Just following the following thread and see how 'BenjaminsBaby' failed miserably.
https://bitcointalk.org/index.php?topic=444543.0

On the other hand please continue mining this coin so people like me can mine real coins and mining with a difficulty of less than 20,000. When you realised you've mad a mistake then jump onto the GlobeCrypto band wagon and mine a real coin with potential. http://www.globecrypto.com

That's like saying Bitcoin is going to fail because it has a 10 minute blocktime and very high difficulty.  If it wasn't bitcoin everyone was basing the prices of other coins off of everyone would say bitcoin would fail.  The difficulty will always be higher on a chain with 10 minute or 20 minute blocks because difficulty depends on the time it's supposed to take to solve a block, so diff will always be higher than a 30 second or 2 minute coin.

[EmbargoCoin]

Got a mention from Coindesk http://www.coindesk.com/all-things-alt-quarks-shaq-cess-blackcoins-pr-pivot-and-dogecoins-victory-lap/  Strange alt of the week, but we'll take it. 

[onebtcplace]

hashing at 443.24 GH with 2 miners right now. 23 more miners until someone is selected to receive all mining fees for this coin for a week.

http://www.onebtcplace.com

[EmbargoCoin]

21 hours in and it looks like the blockchain is doing good at maintaining close to 20 minutes on average between blocks.  I'm still waiting to hear back from a few exchanges but hopefully we'll be listed on at least 1 within a few days when coins start making it to wallets.

[MineP.it]

Let's get some more blocks and break through this thing



MineP.it EmbargoCoin Pool

Register now, if you haven't already done so, and prepare your workers be ready for launch!

Stratum connection example:
stratum+tcp://ebg.minep.it:3371 -u MinepitUsername.anything -p anything

MinePit Pools

• Rock solid security and stability
• One registration to access all our pools
• Auto payouts every minute
• 24/7 on-site IRC chat
• Super fast, powerful, scale-able servers
• Unbeatable DDOS protection
• Unique, custom interface and back-end infrastructure
• Super fast compile times - we aim to be one of the first pools running at every launch

Sign up now!

[EmbargoCoin]

At this point I am really happy with the launch and feel the coin is performing greatly, we are still averaging out to less than 20 minutes per block, there have been some long rounds over the last day but this is Embargo coin and we are trying to bust through the Embargo, so I think it goes nice with the theme of the coin, while still maintaining the overall average.

[cinnamon_carter]

It appears the person who pushed this to github has been involved with a few other coins as of late ....

https://github.com/owlhooter

[BitcoinNational]

All coin tried these failed.

Failing is kind of what Embargos do right?  So to fail will be just as magnificent as success.

Yeah sorry but there is nothing that will bring miners to want to mine this coin.

But it does bring what a lot of people complain about other coins not having.  Lower block reward, less supply.  But to give that with a short block time seems like too much of a handout.  We are going to make you work and wait for the few coins available if you want them.

Yeah sorry but there is nothing that will bring miners to want to mine this coin.

o\rly now?
 

Lower block reward, less supply.

[poppys]

It appears the person who pushed this to github has been involved with a few other coins as of late ....

https://github.com/owlhooter

Stay away from anything that is Mazacoin or Maplecoin. They're just a bunch of hackers who will dump this coin on everyone once it hits the exchanges. They only care about BTC. Any coin they make is a scam.

[EmbargoCoin]

It appears the person who pushed this to github has been involved with a few other coins as of late ....

https://github.com/owlhooter

Stay away from anything that is Mazacoin or Maplecoin. They're just a bunch of hackers who will dump this coin on everyone once it hits the exchanges. They only care about BTC. Any coin they make is a scam.

I've already answered this but here it goes again, I am not affiliated with or the dev of Mazacoin or Maplecoin, I did run a pool for both of those coins and still do, I assisted them with a code push to help fix some issues on github but they are not my coins.  Embargocoin is the only coin I have developed.  I did use some of the Mazacoin source code when I got started but the code has been changed drastically from that and I doubt any of the Mazacoin changes still exist in the code at this point.

[EmbargoCoin]

Unfortunately I found a slight issue with the diff calculation, to fix it I am pushing an update out which will require a fork, I set it to fork at block 600 and have updated the wallets and source code, please make sure you download the newest version of the wallet from the Original post and pool operators please recompile from github.  I apologize for any inconvenience this has caused.

[MineP.it]

Updated wallet to handle the fork



MineP.it EmbargoCoin Pool

Register now, if you haven't already done so, and prepare your workers be ready for launch!

Stratum connection example:
stratum+tcp://ebg.minep.it:3371 -u MinepitUsername.anything -p anything

MinePit Pools

• Rock solid security and stability
• One registration to access all our pools
• Auto payouts every minute
• 24/7 on-site IRC chat
• Super fast, powerful, scale-able servers
• Unbeatable DDOS protection
• Unique, custom interface and back-end infrastructure
• Super fast compile times - we aim to be one of the first pools running at every launch

Sign up now!

[owlhooter]

The http://ebg.CryptoADHD.com wallet has been updated as well.

[rdlab01_1]

Hardcoreminers Embargocoin Pool is open!


- DDOS Protected servers in datacenter (on hardware level)
- Enterprise grade servers hosted in Europe
- Payouts every minute
- SSL for secured browsing
- Ran by pool op with lots of experience



How to mine Embargocoin & get paid for your hard work

1. Register on https://ebg.hardcoreminers.com
2. Setup worker
3. Point your miner to stratum+tcp://stratum.eu.ebg.hardcoreminers.com:3040
4. Set up your wallet address in your account to recieve payments

Sit back & relax!

Updated to new wallet to include the diff fix!

Sory but i have a quoestion: Why the money is not confirmed at now?

[EmbargoCoin]

Sory but i have a quoestion: Why the money is not confirmed at now?

Because of the embargo it takes 220 blocks to confirm.  We are only at block 186, so no coins are confirmed in the network yet.

[EmbargoCoin]

Once we get to block 222 we'll be doing some giveaways on twitter, only have 100 EBG to give away so it will be gone fast, have any ideas to make the giveaway unique and fun?  Send your ideas here and if we use it we'll give you 5 EBG.