Bitornio
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 Offline
Activity: 67
Merit: 10
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May 28, 2014, 07:10:55 PM |
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so......the developer has 42,000 coins pre-mined....a number that would take the network 2 weeks as a whole to mine......ROFL
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elektrax
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May 28, 2014, 07:11:50 PM |
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why are you guys still mining this? nethash at 40g still :p
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BTC: 1G6Fc3sWL9E9DShfitjQvP2SGXvNLbqzGz | GP: GdTPHPNRV6P49mtW6Bc8kFBvRx4oofx4eX
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shimlbit
Legendary
Offline
Activity: 1302
Merit: 1001
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May 28, 2014, 07:12:39 PM |
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Reality Check. 6.6 Million Khash is not something you can readily rent. 6.6 MILLION. Time to admit that there are a handful of people with mining hardware that makes our GPU's look like toys. Difficulty is going to be high to you, but not someone with an FPGA configured for X11. So lowering the curve will only give them more coins. Mark my words, this is going to be a blood bath for X11 coins when this comes to light. 6 millions is possible with botnet. lol u know renting?? i can also rent 6gh for few hrs with a btc Really? You have access to 6GH of X11 algo hashing power that you can rent? That is amazing. That is like 2,900 R9 290 cards. That would be a mega farm. You must show me where this fantasy land of yours is. I suppose you could rent all the rigs on betarigs.com and leaserigs.com and MAYBE come up with that hash power. You do realize we are talking about X11 and not SHA-256 right? u can get unlimited ghash if u have enough bitcoins  im mine with 2gh/s btcx like 2 hrs |
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studio1one
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May 28, 2014, 07:13:03 PM |
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Reality Check. 6.6 Million Khash is not something you can readily rent. 6.6 MILLION. Time to admit that there are a handful of people with mining hardware that makes our GPU's look like toys. Difficulty is going to be high to you, but not someone with an FPGA configured for X11. So lowering the curve will only give them more coins. Mark my words, this is going to be a blood bath for X11 coins when this comes to light. 6 millions is possible with botnet. lol u know renting?? i can also rent 6gh for few hrs with a btc Really? You have access to 6GH of X11 algo hashing power that you can rent? That is amazing. That is like 2,900 R9 290 cards. That would be a mega farm. You must show me where this fantasy land of yours is. I suppose you could rent all the rigs on betarigs.com and leaserigs.com and MAYBE come up with that hash power. You do realize we are talking about X11 and not SHA-256 right? I rented over 2gh to mine XC a few days ago from Betarigs, no problem. |
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Magic8Ball
Legendary
Offline
Activity: 1050
Merit: 1000
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May 28, 2014, 07:13:20 PM |
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so......the developer has 42,000 coins pre-mined....a number that would take the network 2 weeks as a whole to mine......ROFL
Premines are now the norm. Barely a year back any coin with any kind of premine was guranteed to die a fast death. |
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iawgoM
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May 28, 2014, 07:14:37 PM |
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Anyone still mining this is just crazy...
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4roxx101
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May 28, 2014, 07:14:51 PM |
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So what happening then DEV?
Id love to be a fly on the wall right now, listening in to your conversations with your dev friends.
+1 |
Mine Hard Mine Fast Mine The Future........
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SharpNieSharp
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May 28, 2014, 07:15:23 PM |
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so......the developer has 42,000 coins pre-mined....a number that would take the network 2 weeks as a whole to mine......ROFL
captain obvious not so obvious -- daily it is mined 1920 blockes so 28800 litecoinsX. still is about 1.6 days to reach premine. still its big ammount anyway |
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Marcinprv
Newbie
Offline
Activity: 29
Merit: 0
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May 28, 2014, 07:15:47 PM |
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It is me again...
Now is 3 hours after start of LiteCoin X11.
Using my 7x Radeon 7990 (41MH/s X11mod) I mined 1.7832617 LTCX (14.266 LTCX/day @ Difficulty 1200?)
To get 42000 LTCX (premined by DEV) I need... 8 years... LOL (but this is not funny!)
I am leaving this ship... bye bye Dev Scam!
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Bitornio
Member
Offline
Activity: 67
Merit: 10
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May 28, 2014, 07:16:03 PM |
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so......the developer has 42,000 coins pre-mined....a number that would take the network 2 weeks as a whole to mine......ROFL
Premines are now the norm. Barely a year back any coin with any kind of premine was guranteed to die a fast death. the problem isn't the pre-mine. a 0.05% pre-mine is pretty god damn conservative as far as pre-mines go. the problem is that the block rewards are too low and too slow... |
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shimlbit
Legendary
Offline
Activity: 1302
Merit: 1001
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May 28, 2014, 07:16:26 PM |
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wow there are delete posts btw not betarigs its to difficult  much easier..u say i have 1 btc and want to mine with 1gh ...pam u will mine with 1 gh for few hrs |
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Deagle21
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May 28, 2014, 07:16:42 PM |
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Where the hell is 44 Gh/s coming from for a coin that just launched?
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4roxx101
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May 28, 2014, 07:17:10 PM |
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so......the developer has 42,000 coins pre-mined....a number that would take the network 2 weeks as a whole to mine......ROFL
Premines are now the norm. Barely a year back any coin with any kind of premine was guranteed to die a fast death. +1 |
Mine Hard Mine Fast Mine The Future........
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elektrax
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May 28, 2014, 07:17:25 PM |
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It is me again...
Now is 3 hours after start of LiteCoin X11.
Using my 7x Radeon 7990 (41MH/s X11mod) I mined 1.7832617 LTCX (14.266 LTCX/day @ Difficulty 1200?)
To get 42000 LTCX (premined by DEV) I need... 8 years... LOL (but this is not funny!)
I am leaving this ship... bye bye Dev Scam!
+1 already left please guys, DO NOT CREATE A MARKET FOR THEIR PREMINE JUMP SHIP, ABANDON EARNED COINS AND MOVE ON ASAP |
BTC: 1G6Fc3sWL9E9DShfitjQvP2SGXvNLbqzGz | GP: GdTPHPNRV6P49mtW6Bc8kFBvRx4oofx4eX
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Magic8Ball
Legendary
Offline
Activity: 1050
Merit: 1000
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May 28, 2014, 07:18:30 PM |
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so......the developer has 42,000 coins pre-mined....a number that would take the network 2 weeks as a whole to mine......ROFL
Premines are now the norm. Barely a year back any coin with any kind of premine was guranteed to die a fast death. the problem isn't the pre-mine. a 0.05% pre-mine is pretty god damn conservative as far as pre-mines go. the problem is that the block rewards are too low and too slow... Thats what I am saying, the attitude has changed. Earlier any premine, no matter how small it is would have stigmatised the coin. |
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innergy
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May 28, 2014, 07:18:32 PM |
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WTS 0.014 @ 100BTC  ... this is not a scam, just a stupid Dev. |
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oHFLip
Newbie
Offline
Activity: 38
Merit: 0
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May 28, 2014, 07:18:58 PM |
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Bitornio
Member
Offline
Activity: 67
Merit: 10
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May 28, 2014, 07:20:20 PM |
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dev is a fucking moron. he wants to hold 2,800 blocks worth of pre-mine with a block reward of only 15? yeah, i am out
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iawgoM
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May 28, 2014, 07:20:33 PM |
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LOL crap greedy dev deleting posts!!!!
COIN IS CRAP, DEV IS MORON, RUN AWAY PEOPLE!
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4roxx101
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May 28, 2014, 07:20:50 PM |
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It is me again...
Now is 3 hours after start of LiteCoin X11.
Using my 7x Radeon 7990 (41MH/s X11mod) I mined 1.7832617 LTCX (14.266 LTCX/day @ Difficulty 1200?)
To get 42000 LTCX (premined by DEV) I need... 8 years... LOL (but this is not funny!)
I am leaving this ship... bye bye Dev Scam!
+1 already left please guys, DO NOT CREATE A MARKET FOR THEIR PREMINE JUMP SHIP, ABANDON EARNED COINS AND MOVE ON ASAP +1 ditto |
Mine Hard Mine Fast Mine The Future........
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