Re: [ANN] 📈 KnoxCoin【KNX】🌟 💵 POW/POS 2% 💴 POW JUST 12.5K BLOCKS
scrypt only for asic
Yeah, but hopes that one hour after Ann i would stiller get some with cpu. Never tried cpu mining scrypt before for that obvious reason :p buy there are many on the lookout for New coins and i guess even just one asic would make my cpu pretty useless :p
POW 12.5k blocks, means 625k coins only for miner.
10%premine, 2.3million, I cannot say dev is greedy, but with 2% POS return, I think its no value for miner or investors.
GOOD LUCK!
This is such a crucial point I want to re-emphasize it:
The pre-mine is 2.3 MILLION coins.
The total PoW supply is 625 THOUSAND coins.
There is no point mining a coin where you can only mine such a miniscule fraction of the supply.
Also, note that the ANN claims "10% Premine for Bounties and Airdrops" in large text but buries this little gem in the text:
Quote
2.5% of that premine is set for the developer.
The dev gets 2.5%, or 575000 coins. So the dev starts out with a personal supply almost equal to the entire PoW supply.
Please spend your hard-earned hash at your own risk.
I have no issues you not liking the coin or the idea or whatsoever but now you saying i am hiding things from the public is wrong the 2.5% for the devs is very well displayed among the text, at least its stated there, its not like i am hiding it, this look more like personal attack on this project than anything else. You dont like it dont participate it's that easy!!