Quote from: manfred87 on December 15, 2014, 10:53:20 PM

surprisingly nobody seems to be talking about this here.. there is a new coin since 36 hours.. let's talk here only about the mineable coin itself.. paycoin and gaw is a topic itself ( https://bitcointalk.org/index.php?topic=857670 ) so let's collect the facts:

Name   Paycoin
Symbol / Tag   XPY
Website   https://paycoin.com/
Github / Source Code   https://github.com/GAWMiners/paycoin
Forum   https://hashtalk.org/
Client Version   v0.1.2.0-ge3c013c
Get Info RPC
Version: v0.1.2.10-ge3c013c
Protocol Version: 60004
Wallet Version: 60000
Hash Algorithm   SHA-256
Proof-of-Work Scheme   Proof-of-Work/Proof-of-Stake
Coins to be Issued   12,500,000
Block Time   1.00 minute(s)
Block Reward   49.00 coins
Difficulty Retarget   1 blocks

not to be confused with [PYC] Paycoin, https://bitcointalk.org/index.php?topic=268941.0
Pre-Mine 12,000,000 = 96% ( https://hashtalk.org/topic/22975/initial-paycoins-of-12m )
gigantic ponzi-scheme.. but if you get in early enough, you can probably profit
first coins were sold to private investors for 8 USD
actual price is around 10 USD ( https://coin-swap.net/market/XPY/BTC )
coins will be publicly sold on paycoin.com for 20 USD
market cap would be #3 , just behind bitcoin and ripple
mining went crazy the last 36 hours, on nicehash hashrate costs 10x value of btc mining.. we are at 40 PHash now...

so do you think it's worth participating?

next scam probably generate by prometeus, ninjatrader or other guru.