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Author Topic: [ANN][PFC] ProfitCoin | 1st coin backed by hashrate | X13 | 20% Premine  (Read 45733 times)
HashProfit (OP)
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November 17, 2014, 12:08:13 PM
Last edit: December 04, 2014, 01:09:46 PM by HashProfit
 #1


Specifications

- PFC is the only one cryptocurrency with guaranteed profit of 10 - 20% per month
- Coins total: 10 000 000
- 7 PFC per block
- Block generation: 5 minutes
- Launch date: 11.11.2014
- Right now you can buy hashrate in Hash Profit service using your ProfitCoins

Right now we took right steps for to popularize PFC, and they'll lead to daily trades value growth for up to $50.000 - $100.000, and that will allow Hash Profit users to withdraw funds easy and fast.

Exchange rate (price) will grow for 1.5 - 5% per week proportionally with Hash Profit hashrate growth. It's possible due to limited amount of PFC and almost unlimited amount of hashrate - so you'll be able to buy more and more Kh/s with 1 PFC, and because of that PFC will grow stably comparatively with other cryptocurrencies. Right now Hash Profit have advertisements on more than 100 big cryptocurrencies resources, and from this week we're planning to advertise ProfitCoin there.


Official website:  http://profitcoin.org/en/
Block explorer:  http://blc.profitcoin.org/
Our pool:  http://pool.profitcoin.org/

Additional pools:
Hashhot Pool
Coin-Miners

Windows wallet:  can be found on official site

Source:  https://github.com/hashprofit/profitcoin

Exchange services:
C-CEX PFC/BTC PFC/USD
AllCrypt PFC/BTC
EmpoEX PFC/BTC


Introduction
ProfitCoin is using X13 algorithm with doubtless advantages (described below). ProfitCoin value is that it's backed by our hashpowers for mining other high effective at the moment cryptocurrencies, which means that it's the only one cryptocurrency to have guaranteed profit of 10 - 20% per month. There was 20% premine for to popularize and promote ProfitCoin. Mining will be only on our pool (at the beginning) with 2-5% fee. ProfitCoin was created as a proof of mining process developed by us, without revealing key features of SmartMining technology to the world, which would lead to depreciation.

You’re starting to work with us by mining or buying ProfitCoin, supporting and developing the idea of making cryptocurrencies benefits available to everybody.

We're planning on widely advertising ProfitCoin on many popular cryptocurrencies resources, partnership program expanding and value of ProfitCoin increasing.

You would be able to by hashrate for ProfitCoin at the beginning, later we'll enable feature of selling hashrate for ProfitCoin. Since ProfitCoin is based on all-purpose hardware and high-qualified in cryptocurrencies market team experience, we can assume that we'll succeed on making ProfitCoin one of most popular cryptocurrencies.

X13 is a modern hashing algorithm.
This algorithm uses 13 rounds of hashing with 13 different hash-functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, etc.), which makes it one of most reliable in a modern cryptocurrencies world.

Extended cryptocurrency defense
Specialists do not exclude availability of SHA256 hacking, which can jeopardize all bitcoin network. To hack X13 one must find vulnerability in all 13 hashes, which is much more difficult. Even if one of these hashes would be compromised, it would be just a signal to developers for to analyze the problem and change this hash.

ASIC protection
ASIC is a cancer on a cryptocurrencies’ bodies. They’re killing the main idea of cryptocurrency – decentralization. Difficulty of mining growing dramatically with ASICs on a scene, it’s growing more unavailable, because the only those who can invest big funds can mine. Currency transforms from exchange tool to a speculation resource. And more of that - people becoming adjectives to ASICs manufacturers.
ASICs for SHA256 was released in 2013 and led to the Bitcoin difficulty increase of 860 times in the last year (06.2013 – 06.2014). Scrypt developers tried to solve this problem, but ASICs for this algorithm has been released in the beginning of 2014.
As of October 2014, X13 fully protected from ASIC. Difficulty of developing is due these same thirteen algorithms.

Reduced power consumption
Power consumption and heat are really important mining aspects. After GPU client release people began to notice that their video cards are heating much lesser and fans making much less noise. Power consumption has been reduced to 30-55%!
You should understand that these numbers can change, because they’re mostly depends on client optimization.
KeyserSozeMC
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November 17, 2014, 12:08:51 PM
 #2

Is this the official HP account?
HashProfit (OP)
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November 17, 2014, 12:10:03 PM
 #3

Is this the official HP account?
Yes.
feryjhie
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November 17, 2014, 12:10:15 PM
 #4

wow 20% premine
Shunak
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November 17, 2014, 12:10:50 PM
 #5

wtf 20% ??
20 premine
20
20
20
20
20

Link broken: Windows wallet:  https[Suspicious link removed]
bathrobehero
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November 17, 2014, 12:11:36 PM
 #6

Nope.

Not your keys, not your coins!
KeyserSozeMC
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November 17, 2014, 12:15:06 PM
 #7

Good luck. I don't mind the premine, I like what you're doing.

@ everyone else.

http://www.alexa.com/siteinfo/https%3A%2F%2Fhashprofit.com%2Fen%2Fprofitcoin

That's their project. If you think they would dump 20% of premine and destroy their reputation.. Smiley Yeah.
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November 17, 2014, 01:31:00 PM
 #8

These are scammy times, any chance you guys would consider getting a PoD? Also what has become of the 20% premine? How much is left?
That's a huge amount of coins, you should make every detail about premine public, otherwise there will always be fear that you gonna dump and run.
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November 17, 2014, 01:59:59 PM
 #9

Code:
profitcoind: kernel.cpp:372: unsigned int GetStakeModifierChecksum(const CBlockIndex*): Assertion `pindex->pprev || pindex->GetBlockHash() == (!fTestNet ? hashGenesisBlock : hashGenesisBlockTestNet)' failed.

.Deviant.io.                ▄▄▄▄███▄▄▄▄
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November 17, 2014, 03:03:07 PM
 #10

http://pfc.coin-miners.info/ is up and running

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November 17, 2014, 03:11:34 PM
 #11

20 %, really? Smiley
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November 17, 2014, 03:12:40 PM
 #12

how much profit will this coin make
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November 17, 2014, 03:16:58 PM
 #13

how much profit will this coin make

infinite Smiley
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November 17, 2014, 06:04:56 PM
 #14

I have tried everything but keep getting only rejected shares
HELP!!!

sgminer -o stratum+tcp://pool.profitcoin.org:3893 -u ****.* -p *
is my batch file
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November 17, 2014, 06:13:19 PM
 #15

stratum+tcp://stratum.new.hashhot.com:3568

Also tried this one no luck either.
BOTH POOLS ASSIGN ME VERY LOW DIFF 0.004

HELP
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November 17, 2014, 07:08:17 PM
 #16

What about a Mac Wallet?
Would be nice to see one Smiley

New signature to come =D
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November 17, 2014, 07:22:30 PM
 #17

Good coin!  Grin  Cheesy  NOT!

The community mining this will only take 2.7 Years to mine a total of 2 million coins, which is your pre-mine. I guess the reason you called it profitcoin was and inside joke to you guys. Well, guess what, we ain't that stoopid.

x13 gets FPGA farm raped. Bad choice if you want a fair coin. Scrypt or Sha256 is the only way to go imo. People need to get rid of their GPUs and upgrade to ASICS. GPU algos are ported to FPGA farms lately making GPU mining completely unprofitable and unfair. GPU mining is dead.

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November 17, 2014, 09:15:34 PM
 #18

Good coin!  Grin  Cheesy  NOT!

The community mining this will only take 2.7 Years to mine a total of 2 million coins, which is your pre-mine. I guess the reason you called it profitcoin was and inside joke to you guys. Well, guess what, we ain't that stoopid.

x13 gets FPGA farm raped. Bad choice if you want a fair coin. Scrypt or Sha256 is the only way to go imo. People need to get rid of their GPUs and upgrade to ASICS. GPU algos are ported to FPGA farms lately making GPU mining completely unprofitable and unfair. GPU mining is dead.



I'm also still suspicious (but already mining while the diff is so low  CheesyGrin, but i think the huge premise is to have the ability to pay out their customers i they want.

New signature to come =D
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November 19, 2014, 03:23:45 AM
 #19

Hi, Two questions: What number of PFC i need for a good stake?? Is a single block?. I have interest for this coin. The POS coins are the better for me. I worked with other coins and i understand the system the stake. I need information over time of maduration and stake. Thank you for all.
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November 19, 2014, 07:16:03 AM
 #20

love thid coin already make me profit twice  Kiss

i also have some hash on site
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