[ANN] SevenCoin [Very Rare][SHA256][OLD ASIC][SOLO MINING][NO Pools][BOUNTIES] - page 2.

tlscoin

newbie

Activity: 22

Merit: 0

Quote from: mumus on June 15, 2014, 12:38:57 AM

Nice joke.

If you don't have difficulty re-target then how can you keep the block time on 7 Minutes? With difficulty 1 a fast ASIC miner will find all the block in no time and all depends on how fast it can push it to the wallet daemon and how fast it can push out to the network. Let's say this coin will have an exchange and will have some real value. Just imagine hundreds of nodes in the network pushing out blocks at a rate of 10-100/s. I think multiple forks will be inevitable at this rate.

Its really a joke! Grin

mumus

sr. member

Activity: 291

Merit: 250

Nice joke.

If you don't have difficulty re-target then how can you keep the block time on 7 Minutes? With difficulty 1 a fast ASIC miner will find all the block in no time and all depends on how fast it can push it to the wallet daemon and how fast it can push out to the network. Let's say this coin will have an exchange and will have some real value. Just imagine hundreds of nodes in the network pushing out blocks at a rate of 10-100/s. I think multiple forks will be inevitable at this rate.

lubing7683

sr. member

Activity: 486

Merit: 250

is the units of Bounties satoshi?

SevenCoin

newbie

Activity: 23

Merit: 0

Quote from: Vann on June 14, 2014, 03:01:51 PM

Insta-mined garbage in search of bigger fools. A simple copy clone with ZERO innovation is NOT rare. Any other unoriginal coin EXACTLY like it with however many coins you wish can be created in a matter of hours by ANYONE including the 'dev' once he moves on to his next scam.

Who tell that this coin don't have innovations ? Or you want to mean that innovations can be only in the algo ? This coin is pools and big asics resistant, with a fix retarget and a firewall for block the instamining. Never see like this before.

Can I ask you what is your job in RL ?

NewWorldCoiner

sr. member

Activity: 490

Merit: 250

Saved you from a scam? Send me some BTC!

Quote from: mafia on June 14, 2014, 02:40:47 PM

interesting, so how long would it take to mine all 7 coins?

Looks like more than 1300 years.

And the premine is 0.07 Sevencoin.

So it will take around 190 years to mine 1 Sevencoin

Which means the premine is worth 13.3 years of mining.

Don't think I'll be mining or trading this one.

Vann

hero member

Activity: 1036

Merit: 606

Insta-mined garbage in search of bigger fools. A simple copy clone with ZERO innovation is NOT rare. Any other unoriginal coin EXACTLY like it with however many coins you wish can be created in a matter of hours by ANYONE including the 'dev' once he moves on to his next scam.

old fart

member

Activity: 308

Merit: 10

Bitcoin is the future

Quote from: SevenCoin on June 14, 2014, 02:39:08 PM

Seven is a Lucky Number !

Who says this, I never heard that before?

mafia

hero member

Activity: 641

Merit: 500

interesting, so how long would it take to mine all 7 coins?

raskul

sr. member

Activity: 434

Merit: 250

what happened to your other thread?

SevenCoin

newbie

Activity: 23

Merit: 0

SevenCoin

http://192.241.254.51/images/SevenCoin.png

Only Seven Coins Totally. Very Rare !!

Specs

Algorithm: SHA256
Symbol: SEVEN
Total coin: 7 Coins
Block Rewards: 0.00000001
Block time: 7 Minutes
Retarget: NoRetarget. Diff is fixed at 1
Primine: 1%
RPC port : 7777, P2P port: 17777
NO TX FEEs

www.seven-coin.com

New Life for your old ASIC !
Because the newest Asics don't work fine in SOLO Mining, they need Stratum Protocol.

http://192.241.254.51/images/usb.jpg

http://192.241.254.51/images/bfl.jpg

Pools Resistant !
Because Pools don't have reasons to mine SEVEN, because they cannot subdivide the Reward !

http://192.241.254.51/images/nopools.jpg

Exchanges

Vote for us on comkort !
https://comkort.com/vote#SEVEN

Downloads

All links will release on Launch date

Bounties

~~BlockExplorer = 30 satoshi~~ assigned to FaSan
~~Faucet = 20 satoshi~~ assigned to FaSan

Android Wallet = 100 satoshi
IOS Wallet = 100 satoshi

Android or IOS Ticker App = 50 satoshi

Blogs and News Networks = 10 satoshi per each post. 1000 satoshi reserved.

~~First Gambling Site = 100 satoshi~~ assigned to virtualdn on http://coinok.pw/
Second Gambling Site = 75 satoshi

Professional Promo Video = 100 satoshi

Reddit Creation and Moderation = 50 satoshi per month
QQ Group Creation and Maintenance = 50 satoshi per month
Twitter Page Creation and Maintenance = 50 satoshi per month

Translate this thread on Local Langs = 5 satoshi per lang

chinese by luya518: http://www.btclt.cn/thread-3519-1-1.html

Blog article by kingscrown: http://fuk.io/june-2014-report-best-altcoins-and-cryptocoins-to-mine-and-invest-in-right-now/

How to Mine ?

You have to add a simple .conf file to your wallet and point your asic on your local IP, like this :

Code:

rpcuser=username
rpcpassword=password
rpcallowip=127.0.0.1
server=1
gen=0

Code:

bfgminer (or cgminer) -o http://127.0.0.1:7777 -u username -p password [ASIC Confs] or [GPU Confs] or [CPU Confs]

Topic: [ANN] SevenCoin [Very Rare][SHA256][OLD ASIC][SOLO MINING][NO Pools][BOUNTIES] - page 2. (Read 3673 times)