This morning we had to make a decision, dig a hole, throw our money into it and set it on fire, or invest our money in the latest, greatest, cryptocurrency.
In 8 days, a new coin will be ready for mining, the Kanye West cryptocurrency. Mining details are as follows:
- Algorithm: Scrypt
- Max Coins: 133,333,333,333
- Block time: 90 Seconds
- Difficulty Re-Target Time: 12 hours
- Block Rewards: 666,666 COYE
- Every 100k blocks, the payout halves
You can check out more information here: www.coinyewest.com
Right before we threw a match into the hole full of money, we realized KimCoin may be on the way. A quick domain search found that kimcoin.com is indeed taken.
We will wait for KimCoin, but rumor has it that KimCoins can only be used for plastic surgery.