[ANN][MAX] MAXcoin - PoW, ASIC Resistance, Keccak GPU Mining - page 532.

MrE78

full member

Activity: 140

Merit: 100

Quote from: tkatzen on January 29, 2014, 12:34:47 PM

Can someone post some links on how to create a botnet so I can get in on this. I have Kali Linux and I can probably get a Cantenna to work so I can steal Wi-Fi.

Honestly, I really give up on all of these coins. It's all pretty much a waste of electricity unless you are a criminal. I honestly don't see how making botnet operators rich benefits society.

I will try to mine it though... maybe I can get in on the first 15 seconds and turn a profit.

Cry much? Seriously if you want to know how to do something immoral google it. I have 7 computers in my house which will all be mining day 1. Shame I don't have my server anymore though.

tkatzen

newbie

Activity: 1

Merit: 0

Can someone post some links on how to create a botnet so I can get in on this. I have Kali Linux and I can probably get a Cantenna to work so I can steal Wi-Fi.

Honestly, I really give up on all of these coins. It's all pretty much a waste of electricity unless you are a criminal. I honestly don't see how making botnet operators rich benefits society.

I will try to mine it though... maybe I can get in on the first 15 seconds and turn a profit.

elixir

full member

Activity: 224

Merit: 100

Quote from: Sparkzor on January 29, 2014, 10:31:29 AM

Is it possible to mine with GPU?

not right at the start, once the coin has launched then a gpu miner can be created.

Herp

sr. member

Activity: 294

Merit: 250

Another cloned useless crypto that brings nothing interesting to the table. There are several coins out there asic-mining resistant (for now).

urbanogt5

member

Activity: 76

Merit: 10

Want many MXC

vertoe

hero member

Activity: 518

Merit: 505

Will there be a P2Pool implemenation of the SHA-3, or any Keccak python module available at launch?

diond

newbie

Activity: 42

Merit: 0

Quote from: Zukii on January 29, 2014, 04:27:01 AM

Considering this coin will be CPU-only at launch, are you not worried about botnets having a high % of hashing power compared to the "average" miner?

With scrypt variants this is less of an issue, with coins that have CPU mining only the reward for mining for the average Joe is very limited.

With CPU mined coins like this one, are these botnets (trojan-like viruses that use your CPU without you knowing) probably spring up and mine this too?

BTW, MaxCoin will be traded soon on Coins-E (https://www.coins-e.com/?ref=6397483995365376)

muyuu

donator

Activity: 980

Merit: 1000

Not too sure about these 30 second blocks. What's the maximum block size?

igmaca

full member

Activity: 168

Merit: 100

What is it that gives long term value to a coin?

GOOD INITIAL DISTRIBUTION VS BAD INITIAL DISTRIBUTION
MINE VS PRE MINE
INNOVATIVE COIN VS CLONE COINS

Give every man on earth 1 MAX COIN and they will flow all back in the smart ones pocket.

eggdescrambler

newbie

Activity: 43

Merit: 0

I wanted to check how long it would take to get to the max, it is halving every 12 months, with that, we get to 1 maxcoin per year in 28 years...

Year   Per 12 months   Cumulative
1   100,915,200   100,915,200
2   50,457,600   151,372,800
3   25,228,800   176,601,600
4   12,614,400   189,216,000
5   6,307,200   195,523,200
6   3,153,600   198,676,800
7   1,576,800   200,253,600
8   788,400   201,042,000
9   394,200   201,436,200
10   197,100   201,633,300
11   98,550   201,731,850
12   49,275   201,781,125
13   24,638   201,805,763
14   12,319   201,818,081
15   6,159   201,824,241
16   3,080   201,827,320
17   1,540   201,828,860
18   770   201,829,630
19   385   201,830,015
20   192   201,830,208
21   96   201,830,304
22   48   201,830,352
23   24   201,830,376
24   12   201,830,388
25   6   201,830,394
26   3   201,830,397
27   2   201,830,398
28   1   201,830,399

litecoin123

member

Activity: 70

Merit: 10

I'm not sure why but i just love it! Ill be mining it for sure Grin

Phoenix3333

newbie

Activity: 11

Merit: 0

Funny all the haters on this thread! Cheesy

I asic mine but welcome a fair PCU launch of an alt...

The press this will get (duh) and the connections that Max has (duh again) will make this a valuable and usable alt. in short order quickly eclipsing all other alts.

IMHO

onetime

sr. member

Activity: 602

Merit: 256

Quote from: Viscera on January 29, 2014, 10:56:39 AM

Quote from: maxcoinproject on January 29, 2014, 04:18:37 AM

At block 200 the Kimoto Gravity Well implementation will take over the retargeting. You can read more about KGW and it's benefits against pool hopping issues (such as coins stuck in high difficulty) here.

This link doesn't work? can you fix it please? I'm rather keen to learn more about this coin. It sounds very interesting, I will watch with interest and have a go at mining. Thanks

yea, the Megacoin website megacoin.co.nz is down right now. you can read about the Kimoto Gravity Well in the first post here: http://forum.megacoin.in/index.php?topic=893.0

Viscera

sr. member

Activity: 660

Merit: 250

Quote from: ?? on ??

Quote from: CryptoDirect on January 29, 2014, 08:13:06 AM

Since you mined the Genesis Block live on the air, what proof do we have that you or even Max Keiser are not pre-mining the shit out of MaxCoin this moment? Do you have a block explorer online so that we can keep an eye on the blockchain and make sure you are actually honest? This launch is not transparent. You are behaving in a shady and un-trustworthy fashion. And your glaring arrogance and failure to address this community in a humble and forthright manner leads me to believe that you can in no way be trusted.

The Keiser report 'live' launch failed... Did anyone notice the major boo boo during the 'Live' 'Maxcoin' Launch?

After the big build up announcing they were going to launch the coin live on air and record the actual moment that the MAXCOIN genesis block was created... the camera man zoomed in over the shoulder of the guy who was at the controls to catch the computer screen in close-up (see screen grab below)... and instead of the genesis block being created the Message on screen clearly stated:

So the Genesis Block was never actually created on the show... so no pre-mining is currently being done as suggested above... these guys are trying their best to create a level playing field for everyone... but has the botnet issue been addressed yet?

Obviously neither of these people bothered to read the OP lol

Viscera

sr. member

Activity: 660

Merit: 250

Quote from: maxcoinproject on January 29, 2014, 04:18:37 AM

At block 200 the Kimoto Gravity Well implementation will take over the retargeting. You can read more about KGW and it's benefits against pool hopping issues (such as coins stuck in high difficulty) here.

This link doesn't work? can you fix it please? I'm rather keen to learn more about this coin. It sounds very interesting, I will watch with interest and have a go at mining. Thanks

majsta

hero member

Activity: 561

Merit: 500

kittehcoin.info

@funkycoin Yes I noticed that and reported to kittehcoin part of this forum. I m now glad that someone else noticed this

https://bitcointalksearch.org/topic/m.4795685

kulinsj

newbie

Activity: 25

Merit: 0

Pretty excited for this launch. Mad hype around this coin.

Sparkzor

member

Activity: 112

Merit: 10

Is it possible to mine with GPU?

funkycoin

newbie

Activity: 56

Merit: 0

Quote from: procrypto on January 29, 2014, 10:20:15 AM

Quote from: ?? on ??

So the Genesis Block was never actually created on the show...

Read the OP, this point is addressed.

TL;DR (and you clearly didn't) - this is normal when mining the genesis block.

Ah... thanks for that info... so to get this straight... the failed/aborted message is part of the creation process and does not mean that the actual launch of the coin failed and was aborted.

procrypto

full member

Activity: 224

Merit: 100

Shitcoin Maximalist

Quote from: ?? on ??

So the Genesis Block was never actually created on the show...

Read the OP, this point is addressed.

TL;DR (and you clearly didn't) - this is normal when mining the genesis block.

Topic: [ANN][MAX] MAXcoin - PoW, ASIC Resistance, Keccak GPU Mining - page 532. (Read 914495 times)