MaxCoin has been updated to reduce the total coin supply and the current block reward, this was requested by a large number of our users and has been implemented at their request. The hard fork will take effect from block 140000, this Thursday evening. Please ensure your wallet is updated by this time.
The new specifications are as follows:
BTC 48 MAX per block
BTC A total of ~100,000,000 coins
The updated wallets, v0.9.0, are available via
GitHub or the
MaxCoin website.
Mining maxcoin is somewhat more profitable as compared to mining VTC (due to the lower electricity cost for SHA-3).
This does not only change that for the worse, but also makes it look like some ponzi scheme as in: Mine early, hold your coins, when we're not satisfied with the current market pice + our wallet is full of coins we will alter the parameters of the coin to drive the prize up.
Pathetic...