[ANN][LTCX]LiteCoinX Windows/OSX QT BitcoinCore Released - page 18.

Magic8Ball

legendary

Activity: 1050

Merit: 1000

Quote from: Bitornio on May 28, 2014, 03:16:03 PM

Quote from: Magic8Ball on May 28, 2014, 03:13:20 PM

Quote from: Bitornio on May 28, 2014, 03:10:55 PM

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.

elektrax

full member

Activity: 141

Merit: 100

Quote from: Marcinprv on May 28, 2014, 03:15:47 PM

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

4roxx101

full member

Activity: 154

Merit: 100

Quote from: Magic8Ball on May 28, 2014, 03:13:20 PM

Quote from: Bitornio on May 28, 2014, 03:10:55 PM

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

Deagle21

full member

Activity: 333

Merit: 100

Where the hell is 44 Gh/s coming from for a coin that just launched?

shimlbit

legendary

Activity: 1302

Merit: 1001

wow there are delete posts

btw not betarigs its to difficult Cheesy

much easier..u say i have 1 btc and want to mine with 1gh ...pam u will mine with 1 gh for few hrs

Bitornio

member

Activity: 67

Merit: 10

Quote from: Magic8Ball on May 28, 2014, 03:13:20 PM

Quote from: Bitornio on May 28, 2014, 03:10:55 PM

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...

Marcinprv

newbie

Activity: 29

Merit: 0

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!

SharpNieSharp

full member

Activity: 155

Merit: 100

Quote from: Bitornio on May 28, 2014, 03:10:55 PM

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

4roxx101

full member

Activity: 154

Merit: 100

Quote from: ?? on ??

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

iawgoM

hero member

Activity: 602

Merit: 500

Anyone still mining this is just crazy...

Magic8Ball

legendary

Activity: 1050

Merit: 1000

Quote from: Bitornio on May 28, 2014, 03:10:55 PM

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.

studio1one

hero member

Activity: 1218

Merit: 500

BintexFutures

Quote from: andyatcrux on May 28, 2014, 03:07:25 PM

Quote from: shimlbit on May 28, 2014, 02:51:37 PM

Quote from: hashnine on May 28, 2014, 02:47:12 PM

Quote from: andyatcrux on May 28, 2014, 02:44:50 PM

Quote from: innergy on May 28, 2014, 01:17:09 PM

Quote from: JohnnySM on May 28, 2014, 01:06:33 PM

WTF

FPGA

Rented hash..

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.

shimlbit

legendary

Activity: 1302

Merit: 1001

Quote from: andyatcrux on May 28, 2014, 03:07:25 PM

Quote from: shimlbit on May 28, 2014, 02:51:37 PM

Quote from: hashnine on May 28, 2014, 02:47:12 PM

Quote from: andyatcrux on May 28, 2014, 02:44:50 PM

Quote from: innergy on May 28, 2014, 01:17:09 PM

Quote from: JohnnySM on May 28, 2014, 01:06:33 PM

WTF

FPGA

Rented hash..

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 Wink

im mine with 2gh/s btcx like 2 hrs

elektrax

full member

Activity: 141

Merit: 100

why are you guys still mining this? nethash at 40g still :p

Bitornio

member

Activity: 67

Merit: 10

so......the developer has 42,000 coins pre-mined....a number that would take the network 2 weeks as a whole to mine......ROFL

yavuzc78

hero member

Activity: 868

Merit: 1000

woow 43 GHZ hashrate now

tbearhere

legendary

Activity: 3164

Merit: 1003

HOTHASH are you here? please Refresh interval: 10 seconds or 1 minute please on dashboard thank you

Magic8Ball

legendary

Activity: 1050

Merit: 1000

LitecoinX

Running out of names?

bingoberra

member

Activity: 74

Merit: 10

Quote from: tbearhere on May 28, 2014, 02:14:35 PM

i wish i new the price per coin

http://en.wikipedia.org/wiki/Price_discovery

yavuzc78

hero member

Activity: 868

Merit: 1000

i really wondering this coin price too hard mine too much hashrate

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