good luck, guys. It will take ALL MINERS over 8 months (250 days) to mine 1.2 million coins at 500 coin/150 sec block. No thank you. That premine is huge.
Anyone else verify this? this sounds like a hiddeous scam so far... everything looking bad, no windows wallet, launching early.... oh dear??
time to add it to the scam list
https://bitcointalk.org/index.php?topic=485106.0He must have calculated it wrong. If there is 1,2m premine and 500 block rewards. We must mine 2400 blocks to get the same amount as premine. 2400 blocks * 150s = 360 000s = 100 hours ~4.2 days. Correct if im wrong.