How many Feathercoins were mined the first day (24 hours) 1 million or 2 million - page 3.

tobobit

full member

Activity: 140

Merit: 100

Quote from: cdog on April 26, 2013, 10:58:06 PM

As far as Im concerned, any substantial premine or instamine without alerting the community prior to launch means the coin is DOA.

Just an attempt by the developer to make a few quick bucks of some hapless folks.

I wouldnt touch FC personally. If you want real value, buy LTC.

I don't doubt the author and his buddies set up multiple mining rigs+addresses to mine from the start. I'm mining some at the moment, but I guess I too feel Feathercoin is tainted because there was no forwarning, or pre-announcement. The first blocks were being found every 5-10 seconds, so instantmine indeed. I had no idea it was almost 3 million though.

erk

hero member

Activity: 826

Merit: 500

Quote from: gabbynot on April 26, 2013, 10:25:07 PM

So it took barely over one full day to mine 1% of all Feathercoins that will ever be in existence?

And 10 days have passed and we haven't reached 2% yet. Just like the cryptos that have come before it, there is an automatic difficulty adjustment every x number of blocks.

cdog

hero member

Activity: 1036

Merit: 500

As far as Im concerned, any substantial premine or instamine without alerting the community prior to launch means the coin is DOA.

Just an attempt by the developer to make a few quick bucks of some hapless folks.

I wouldnt touch FC personally. If you want real value, buy LTC.

aysyr

sr. member

Activity: 308

Merit: 250

Yea besides now the difficulty has been readjusting to catch up. Not to mention remembers this is 4x more than Litecoins, 16x more the Bitcions. Even 1mil isn't as much as you think

chriswen

hero member

Activity: 756

Merit: 500

Quote from: gabbynot on April 26, 2013, 10:25:07 PM

So it took barely over one full day to mine 1% of all Feathercoins that will ever be in existence?

It's less than 1%. Think about it, there was still more than 99% left to mine after the first day.

gabbynot

sr. member

Activity: 341

Merit: 250

So it took barely over one full day to mine 1% of all Feathercoins that will ever be in existence?

chriswen

hero member

Activity: 756

Merit: 500

Well, I didn't know but seems like it's closer to 3 million lols. Wink

2,890,200

Block 2 to block 14451

tobobit

full member

Activity: 140

Merit: 100

How many Feathercoins were mined the first day? (24 hours)
I heard it was over 1million, but is it closer to 2 million?
thanks for the fast answer, chriswen

Quote from: chriswen on April 26, 2013, 10:13:12 PM

Well, I didn't know but seems like it's closer to 3 million lols. Wink

2,890,200

Block 2 to block 14451

Topic: How many Feathercoins were mined the first day (24 hours) 1 million or 2 million - page 3. (Read 3376 times)