Quote from: djm34 on May 31, 2014, 02:46:24 PM

Quote from: Amph on May 31, 2014, 02:37:22 PM

i missed that slimcoin, was is to mine at launch at least?

even at launch, it was impossible... (at least for my poor i7)

It is still possible with weak CPUs, but it may not worthy of at least one day of solo mining. And it took forever to sync if you are unlucky like me -- it took me 2 - 3 hours to jut get synced with proper addnodes settings. Someone (don't know if dev or botnet) is reported to have 1000+ CPUs on this coin at launch, so leftover from that whale is not easy to collect for us... And people report to have smaller and smaller block and then dev said it is expected. So 50 per block is just theoretical max block award, they are almost all collected by the whales, and now net hash is up and you can get maybe 15 - 16 per block.

And I kinda of doubt in the fairness of PoB as well, although they seems interesting from the white paper. Early burners from those whales had huge advantages. I tried to burn 5 coins and so far it did not get anything back, so I stopped burning -- it is very hard to find some coins, I don't want to burn all of them out. Some one said a PoB pool will be setup later, but I guess that may be 1-2 months from now, and I may start burning around that time.

Don't know if there's some scam here. If everyone is burning, then the supply of the coin is limited and value will rise up quickly, and those who decide not burn but hold lots of coins at hand may dump all of them and drive the price low enough and then may be buy them back again.... just my guess. For now, I will hold my coins -- just had very few coins, even I burn all of them won't make much differences.