Re: [ANN][HUC] Huntercoin - Human Minable - Dual Algo Scrypt / Sha256

Quote from: snailbrain on February 18, 2014, 01:04:17 AM

Quote from: jgivg on February 18, 2014, 12:57:31 AM

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Quote from: jgivg on February 18, 2014, 12:28:41 AM

Hi, I am thinking about buying some Huntercoins, but am a bit worried. Can somebody tell me why there are already 650k Huntercoins? There should only be about 250k with 10 created each minute since february 1st.

Difficulty takes a while to adjust, and pools add hash "bit by bit"

to be fair, it's probably better, otherwise no one would have had a chance to play (without paying a fortune per coin).. at least everyone has had a fair chance incase they do go up in value some more..

also the majority of the coins come from inside the game, so the masses have all had a chance to get them (even if block times have been fast).. and 5k of giveaways were given out over the first few days (maybe 7 or more?)

Thanks for the answer! I found this article: http://cryptolife.net/huntercoin-the-coin-thats-a-game/. There it says there were already 39,000 blocks, when there should have only been 9000. Are people aware of this? I am worried they might start calling it an instamine when it gets bigger.

instamine is not really relevant.. and it's been the same miner(s) mining since day one till now.. because they are merge mining with bitcoin and litecoin

it just means the game was faster - miners only got 1 coin per block up until about block 4500 (due to some forking, no one really got any coins inside the game).. and after that, they still only get 10% when a player banks coins.. and people probably didn't start destructing each other until much later (miners get 4% of dropped coins)

I gave out giveaways since block 50 or something.. so insta-mining has no relevance tbh

Most coins come from inside the world

Thanks for the quick replies! I'm gonna buy some now.