Re: [ANN] [MAJ] *Major Piece* *First coin to equal 1 Euro, no more, no less* 3/01/14
OP: I don't understand why you're pegging the coin's value to EUR yet the block reward is totally disproportionate to the cost of mining it. A single block is supposed to be worth EUR 1000? 
Even with difficulty at around 20 you could generate EUR 1000 worth of coins in 24 hours with only 1MH/s of hashing power. In this case the coin's value would be 1000+ times the actual cost to mint it.
...plus a 2m EUR premine just screams greed...
Even with difficulty at around 20 you could generate EUR 1000 worth of coins in 24 hours with only 1MH/s of hashing power. In this case the coin's value would be 1000+ times the actual cost to mint it....plus a 2m EUR premine just screams greed...