Also why didn't we find any blocks in the first 500 or so?
Refer to the octocoin.org website, and past posts in this thread by OctoCoin ...
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During the first 6 months, ~31 million OctoCoins will be minted
- 0.8% pre-mine (block 1) for promotions, marketing, rewards, donations, and dev team compensation; public ledger will be available
- 888 OctoCoins per block during the first 8 days
- Following 88 days, 88 OctoCoins per block with a 1/8 chance of hitting a bonus block containing 888 OctoCoins (~123 bonus blocks/day)
- 88 OctoCoins per block during the next 88 days
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