to rip people off, do the maths ;p
880 million premine, idiots are buying at 2-4 satoshi, and it cost 0.1BTC to get listed
they can sell to idiots at ONE satoshi and make a killing, plus their staking
Thank god i have previously kept track of the scam pools that you ALWAYS see adding these, ever wonder why? follow good pools, most of these small pools are the devs themselves of these shitcoins, wake up
I run one of the pools (MarkaPool) and I am not affiliated with any dev. You can see I make pools for different coins with different developers. I have also talked with the guy who operates findblocks.com, he is not a dev either (don't know about other pools). Even though it is a scam coin, it is still possible to make money by running a pool. By collecting pool fees and renting mining equipment for cheap I got about 650k milkcoin, and sold on exchange for about 0.06 BTC.