I wasn't going to say anything... but mining this coin is like mining every other coin.
It's SOP.
Plus what you said:
made a list of the advantages that this currency has to offer:
It allows the inventor and his friends to premine it overnight
?
?
?
Umm... there was no premine... anyone who knows how to solo mine would have been mining it right away.
I have mined quite a few blocks since I read the initial forum post.
Well then disregard my posting. I’m just getting rejects and no blocks. I assume the difficulty is so low that whoever has the lowest latency to the network gets his block accepted first, and the ones with higher latency just get nothing but rejects.
(please correct me if I’m wrong?)
"Generated coins must mature 120 blocks before they can be spent. When you generated this block, it was broadcast to the network to be added to the block chain. If it fails to get into the chain, its state will change to "not accepted" and it won't be spendable. This may occasionally happen if another node generates a block within a few seconds of yours."
Not unusual since this coin was just launched and a lot of people have jumped on it.