Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ninja Launch | SquareBit | Pow | 7 days | 2 million coins
by
Cryptour
on 28/12/2014, 06:50:55 UTC
Huge premine with this block reward. For what? I cant see any bounties

The premine is to fund the development of the coin, 2% was picked because it is a small percentage compared to other projects.
2% is not a small percent,
it is too much for premine.

Are you kidding me?  2% is too much for premine??  Are you going to work on this coin for free?  I should have premine it 100% and launch ICO which would have sold out within 3 days all the 1000 BTC limit.

My advice to you, don't mine SBIT, it's a trader coin and you should be thankful that you have opportunity to mine this coin instead of whining.