Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BitBar New POW-POS scrypt CryptoCoin
by
Equality
on 03/05/2013, 18:12:33 UTC
Pre-miners, you mean.

This thing is being pre-mined right now, you are one of the pre-miners.

Blocks seem to be coming in every second or so, it is in pre-mining mode, difficulty deliberately started ridiculously low so the the author could start mining a block a second or more while you set up your mining then you mine a block a second or more while preparing to post and so on.

It looks like no attempt at all was made to set the initial difficulty at a reasonable level, instead the whole thing is designed specifically, like mincoin, for pre-mining.

How fast are blocks being found, and what is the command people need to use with e.g. cgminer to make it not expect at least a minute between blocks? (As otherwise no wonder everyone finds only stales, sixty blocks have gone by by the time they check for new work.)

This is basically deliberately designed as a pre-mining scam.

-MarkM-

thanks for pointing out a scamcoin for what it is. these people are idiots who think it wasn't premined.