Considering the early registration bonus, it would be nice to let people know whether there are actually still some open. I know you want to get people to register, but being open and communicative with the public will get you further in the long run.

According to their website there will be an (Pre-)ICO. So I doubt it.

According to the wallet, we hit block 1436. You can check in the wallet by going into the debug menu and entering "getblockcount" into the command line there.

On a sidenote: Someone with ~500 MH/s just joined the first pool and pretty much dominates it right now. I guess it's kind to join the pool instead of only solo mining though.

Edit:
I don't know whats going on with the chain. According to wallet we just got one block further in 10 minutes. All while the "blockexplorer" is still stuck at 1125.

Well, seems this block explorer is working and new blocks are being found.
https://mine-pool.ro/explorer/PEARL

Its always nice to see new algos coming up, especially as each has strengths and weaknesses.
Maybe you should allow the public to see the algo beforehand, so people might review it and find flaws.
This would help the network because a trusted algo is less likely being abused by someone more knowledgable.

Also, considering your early announcement: Let people know in advance when you will start.
This will attract quite some small scale miners because they might get good returns even for a single cpu/gpu setup.
Later on some bigger miners will make it impossible for smaller miners but by then the network should be stable and, most importantly, known by people.

Best of luck with your coin!

With x11, won't it be easily dominated by a few ASICs?

I also fail to see anything new or improved about this coin compared to others.

Maybe the dev could give us a little insight about why he created this coin? Is there anything special?

A quick check says the whole litecoin network has a nethash of about 17.000 Gh/s. You have about 150 Gh/s. So you would provide slightly below 1% of the whole network. Statistics say otherwise and a more likely to be right, but just as a quick guesstimate you should solve every 100th block, a little less actually. With blocktime of ~2.5 minutes that means one block roughly every 5 hours.
Please remember that this is not precise at all and just a lot of guesswork.

The only difference between pool mining and solo mining would be the rate of payouts recieved. Either once every ~5 hours or every time the pool solves a block.

As I trade coins mostly, I'd be interested to have them as soon as possible, hence pool mining. If you want maximum profit, go for solo mining.

Concerning the selling of hash power, I haven't checked their offers but considering you have a lot of power, it is unlikely that they will be able to put it all to good use and therefore you should earn less than you would with mining yourself.

I am far from an expert on that though, so please feel free to correct me on that.

The problem I see here is the risk associated with such a project.
An exchange is a prime suspect to get hacked and it is not only a risk for personal data, it obviously contains a lot of money. Especially when working with crypto currencies your "bank account" is only a private key with no way to stop someone from sending all the contents of the wallet to their own.

If you are not a splendid programmer yourself, you cannot verify the work done for you. External testing will be a huge cost factor and might drive costs above budget.

Personally I'd say if you are really willing to invest money, start with a project with less severe risks and a smaller scope. If that works out, build a network or ecosystem out of your projects. If those work well together and you gathered a lot of experience with handling development teams, law requirements and user interaction, then you might take the step from common applications to a financial application.

Don't skip the learning curve, rather risk a little with some smaller project instead of being able to lose all when creating an exchange.

I have a GTX 1060 myself and it barely makes a profit if I was mining. This might be due to my high electricity costs of about 30 cents/kWh but my recent calculation for my revenue was about 1€ worth of Ether but paying about 60 cents in electricity, so a net profit of about 40 cents a day.

Ethereum requires a huge amount of graphics memory, about 3GB and soon more. Therefore cheap cards cannot mine Ethereum reliably as they often lack enough memory. To cite a post from stackexchange (https://ethereum.stackexchange.com/questions/426/what-is-the-current-dag-size-when-do-we-expect-to-hit-gpu-limits):
"The 3GB limit will be hit around mid-April 2018".
This means that from April 2018 on you need atleast 4GB video memory on your GPUs to mine Ethereum.

As a rough approximation, I'll take a card of 200€ and expect a profit of about 50 cents. This gives me a ROI time of 400 days. It takes me over a whole year running the card 24/7 to barely break even. Factor in the noise and heat, you probably do not want to do this in your own room or appartment.

The only chance you have are other altcoins which are not as memory hungry. Mining those early on might give you big rewards when they hit an exchange, but you could also end up with a net loss because the coin does not gather interested folks and fails. This will leave you with a huge electricity bill and little to no value in coins.

Unless you have super cheap electricity or super cheap hardware, it just does not make sense to get a dedicated mining rig with such a low budget.

You could set Windows machines up to accept RDP connections. This is a windows specific remote access and might need a bit of configuring. Essentially it works the same as teamviewer.
Concerning your warning message from Teamviewer: I am not totally sure how they classify commercial use. Probably they mean using Teamviewer for remote maintenance etc. in a business context. As you are operating on your own machines for your own benefit, you are likely still using it as what Teamviewer considers personal use.

What features do you need? You probably just want to monitor and restart miners. RDP is absolutely sufficient for that.

High volatility has benefits for traders, stability for customers.

If you want to make money from trading, you need the prices to change often and by a good margin. Therefore if bitcoin becomes stable, trading gets less appealing.
On the other hand you need a stable value if you want mainstream bitcoin adoption. A small shop does not want to adopt bitcoin because his earning would be totally unpredictable and he needs to be sure that value persists. Therefore stable bitcoin benefits customers and businesses.

In the long run, when mining rewards drop and price becomes more and more stable, we will probably see a better adoption of the coin in the public.
This will take a few years though and I am not sure bitcoin will be the currency. In the current form, even with segwit etc., it simply takes too long for quick trades of the currency. If you use bitcoin as an intermediate currency for trades or conversions, sure, that will work. If you want to use bitcoin to pay for your groceries at the small shop around the corner, you need quicker verifications.

Without announcements ahead of time and precompiled wallets, you are actually reducing the decentralization.

Small miners, who mostly use windows on their home pcs in their free time, and people without IT knowledge to compile things on their own just cannot start mining. Therefore people with the knowledge get a major headstart.

0.1% premine seems fair, but please make the start as smooth as possible for most people. You might even want to contact pool operators ahead of time and ask if they can provide a pool at start.

With just a little work you can do so much better.


Apart from that: What is your coin intended for? Does it do anything significantly better than others? Is there any special use bound to it?

Interesting idea, but will a one second blocktime not have problems with network spread? A lot of users might have to commit a significant amount of their bandwidth just to keep up with the chain. Did you consider that?

Reducing the Euro and Europe to Merkel is a risky idea. Most people will not like that

Well, on the "roadmap" it says wallets will be released on 25th of August.

Maybe they will add some more information beforehand?
I doubt it though, seems like another coin just for the sake of creating a coin.

Well, you apparently chose one of those algorithms where you can order ASICs already. Simply typing "x11 asic" into google returns a lot of results and reviews even.
This is pretty much what I have warned you about, smaller miners will get easily overtaken by a few ASICs. As soon as your coin gets a noticable value, people will send their ASICs to mine it and smaller miners will just drop the coin.
This works against the decentralization aspect of blockchains.

Considering the low reward for the first blocks: Absolutely right choice. This may slow development in the first few days, but this gives people enough time to adapt and there is no need to be one of the first to get something out of mining.

So far I really lack a clear idea of how you want to implement those bets.
Is there any automated way of retrieving and analyzing game scores? I know that with Steam you can get some API access and get results. Is there anything similar for other big FPS games?
Doing this by hand is probably hardly worth the effort unless the referees get a compensation. This opens uip another box of problems though.

Maybe you can clarify your approach a bit more?
Are the people betting players themselves or are we just betting on professional matches?

I am doubtful about the possibility to combine more expensive green energy with mining with lower costs as a result.

Are the any calculations publicly available so that the community may figure out how realistic your goals are? You intend to share your revenue with the token owners, therefore they should know how your costs are calculated in the first place.

I just quickly skipped through the thread you linked and everybody just complains about horrible devs.

Apparently the dev uploaded a wallet for windows, people could not get their keys extracted and now the download for the wallet was removed?
All in all a bit strange, especially when a coin is listed on an exchange before there even is a working chain or wallet.

Can you try creating a new wallet and opening it afterwards? Might be an error in simplewallet itself.
Maybe your wallet file got corrupted by a crashing application or it is locked from your windows wallet. Turn the windows wallet off and then use simplewallet.

If none of that works, you are welcome to join us on Slack. A lot of people are active there and will surely try to help you with any issues.

Simplewallet does allow you to leave the password blank though. Have checked it a few times and never had any issues with it.
Is the daemon running properly in the background?

Just in case, create a backup of the wallet file. Put it somewhere safe, so even if there was an error, which to my knowledge is not, it can not corrupt the file.

As far as I know there are ASICs for SHA256 and Scrypt. So those should be avoided.

Generally, having pools to mine is preferable as it turns a somewhat luck based mining into a steady payout. Therefore I suggest searching pool operators wihch would be willing to maintain a pool from launch on. Ask them which algo is preferable for them, maybe there are pros and cons.

If you look around the forum you will probably find a lot of pool operators.

Also, please note that I am far from an expert on those topics. It is just some experience I got from recent altcoins which I supported.

Another common mistake, while not necessarily serious in nature, is not having a set launch date in the future with all wallets ready. Especially Windows wallets are important. Most Linux systems are able to build the wallets easily, but windows users usually do not have the understanding or the necessary tools.

So in conclusion:
Ask the community (probably the pool operators) to vote/decide on algorithms.
Get your features set in stone inclusing a roadmap. Then announce the launch ahead of time (maybe 1 week in advance).
At launch time, have all the required things ready: Wallets, pools etc.

This will help people to pick it up from the start. Even if some drop it quickly afterwards, getting started is probably the hard thing right with progressing in the long term.