Quote from: crike on February 02, 2014, 05:57:57 PM

Quote from: bitwho on February 02, 2014, 05:56:30 PM

please do your math. the OP had only one thing in mind. his interest.

this coin had a bad lunch and who ever did mine it brought difficulty up to 1.0 with in 400 blocks.
that is mental. that means if everyone does get a chance to mine it will be 1.0 difficulty at 200 blocks.

this means if you own 1 mh/s rig you will mine roughly 200k before defficulty 1. then you join a pool. a pool that will have 300 people in there. and most likely you will recieve 1k per block.
if you have less then 1 mh/s then forget it...
meanwhile , if relunched op will make sure he got his 92 millions first... so , yeah

And? It's mentioned in opening post that there's a premine for bounty/giveaways etc.

Didnt stop you from mining this did it?

yeah, for the same reason any sane person will do it. to dump it as soon as it hits an exchange. this is simply a fish scam. there is nothing to support this. its has a greedy premine.
here is saturn , the dev premine 666 millions... 666 millions. its said. people are still mining it and buying the coin. thinking they will get the new doge. but dogecoin had no premine... look at this exchange. https://cryptorush.in/index.php?p=trading&m=SAT&b=BTC so sad. i insta mined 600k coin at lunch in 20 minutes. and sold them there for 0.101 Btc at 17 satoshis price... 17!!! some one paid 17 satoshis for saturncoin.. if you dont understand this . then try. do some maths.

at lunch everycoin. no matter how bad the premine is it will have a 400 mh/s or more hashnet. once the difficulty has risend and the instamined is over smart people move on. to the better coins. and only people who belive this coin will be their way to the moon stay. then once the exchange comes. all the previous one that did the instamined come and dump for a quick $30..