Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PENG] Penguincoin ~ JUST LAUNCHED ~ HASHRATE ROCKETING ~ GET MINING NOW!!
by
lasciv
on 04/02/2014, 00:11:18 UTC
I finally got some payouts from eu pool and they also lowered the min auto pay to 1000...thanks. Part of the problem is it takes a long time to get confirmed coins after you start mining.

It seems like the altcoin world is scammier and scammier all the time so it helps to be cautious in the beginning.

I mined like 4 days of earthcoin when it first launched and got ripped off by a fake pool so I want to see auto pay work asap.
Hard to tell how much my eac would have been worth. I was out of town and left the miner running at 700kh so don't even know what I had.

You have lost about 0.15 BTC on EAC that day (those are current prices, 4 times more when it peaked). I lost coins because of that pool too, and am sure about the amount (this is a min. estimate). It was not a fake pool but Hackshard pool, operated by Devianttwo. It failed because of hardware issues. It failed during the early days of USDe too. I think they had similar issues with other coins, but cannot be sure about that since I didn't pay much attention after EAC failure.

edit: we lost EAC because we didn't set auto payout and when it failed coins were lost.