Re: [ANN][MID]MidasCoin|New Scrypt PoM|Backed Value|ATM card|Referral|NO IPO|UNIQUE
HA! You are SOOOO kidding me lol, I couldn't touch the has power that was first thrown down on this puppy! Me and my big 50 mh/s ASIC looked REALLY small the first go round!! At least I can say now I was the first to post when this one lands on Mars:-)
Let me quote part of the "King of the pool" contest FAQ.
A- King of the pool is our standalone contest on Midaspool.com.
The person who has the highest average hashrate on the previous 24 hours will be crowned King of The Pool for 1 day. During his reign, the King will get assigned as his referrals all the people that sign up on http://midaspool.com without a direct referral link (average of 300 registrations per day). Those referrals gained by being King last forever. After 24 hours a new King is crowned, or the old king is confirmed as king once more, based on the average hashpower of the last 24 hours.
Being King of the pool is a TOP reward, and produces benefits that last forever, even if the kingdom reign lasted only 1 day.
The updated score will inform in real time the current top 5 challengers for the crown of King of Midaspool.
The first KING will be chosen between the #irc community just before the re-opening, dont miss this chance, join #midascoin on freenode!
The person who has the highest average hashrate on the previous 24 hours will be crowned King of The Pool for 1 day. During his reign, the King will get assigned as his referrals all the people that sign up on http://midaspool.com without a direct referral link (average of 300 registrations per day). Those referrals gained by being King last forever. After 24 hours a new King is crowned, or the old king is confirmed as king once more, based on the average hashpower of the last 24 hours.
Being King of the pool is a TOP reward, and produces benefits that last forever, even if the kingdom reign lasted only 1 day.
The updated score will inform in real time the current top 5 challengers for the crown of King of Midaspool.
The first KING will be chosen between the #irc community just before the re-opening, dont miss this chance, join #midascoin on freenode!
This is the important part
The first KING will be chosen between the #irc community just before the re-opening, dont miss this chance, join #midascoin on freenode!
And this mean that on reopening, the first king will be chosen randomly between the #irc community
Regards
Ok, then YES I want to be crowned first king of the pool then:-)
Seriously though, I missed this faq....REALLY cool idea!