Was there a mining phase? Yes, I was in on day 2 with about 50 TH
Day 2, out of 6 days? Then when was the supposed "second phase" of mining?
And you had 50TH per minute? What difficulty and algonaut were you using? Can you prove which blockchain you found and the nonces for your valid submitted shares?
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and it was VERY profitable.
At Banx.io? Shares can only be bought at Banx.io, never sold. So how was it profitable?
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Adam @ Multipool.us set the port up and the mining was awesome.
Then why does Mark Lyford say that all 6 million shares (now 12 million) were premined by Banx?
Are you an employee of Banx?
Here's the Multipool.us discussion topic:
https://bitcointalk.org/index.php?topic=167635.5540
ONE PERSON mentioned Banx - he noticed it was added at Multipool.us, but he couldn't find a website or wallet:
Uh,I can't find any info on BANX coins,can someone shed some light 
Looking for a website,wallet,etc...... Thanks!!
Looking for a website,wallet,etc...... Thanks!!
Nobody ever answered him or mentioned Banx again.
And a week later, mining was cancelled.
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If people can mine it cheap & dump, why would they buy the ICO.
Like Mark, you don't seem to know how mining works. Or maybe the coin was built with incompetence and the difficulty was easily exploited.
But then, Mark said miners only got 45,000 Banx. Later he said all coins were premined, so I guess you can take your pick of which time to believe Mark and which time he wasn't telling the truth.
You are clearly confusing 2 totally different things together. The initial wallet and the current wallet which are 2 totally different things. The initial wallet was a big fat FAIL and no one has ever said otherwise. The second wallet (the one we are on now) is a stopgap and was 100% premined and only pays a very tiny amount for pos. Go back to shining your stick or maybe get a job since you have way too much time on your hands.