WE AIN’T MININ’, WE PICKIN’. –
DROPPING JANUARY 11, 2014. 11 PM EST. No screwed up fake “fair” launches, shyster devs, muted channels, and f**ked up wallets. We will be releasing password protected, encrypted archives containing the binaries and source for the wallet and daemon BEFORE LAUNCH, with the passwords to be released at the specified time. We will work with multiple pools to orchestrate a PROPER and FAIR release.
Internet Relay chat is in irc.freenode.net #coinyewest
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
“I don’t know whats better, gettin laid or gettin paid”
Frequently Asked Questions
Where can I buy Coinye coins? Can I buy them before launch? Can I invest with you?
We aren’t selling COINYEs pre-launch, and we can’t trade Coinyes for USD or Euro money. Hopefully in the future, another community member will provide a service like this.
Right now, your best bet is probably to use a service like CoinBase.com to pre-purchase Bitcoin. They let you buy bitcoin with a credit card or bank account.
Then, when Coinye launches on January 11th at 11 PM, you can trade your bitcoins for Coinyes on one of the popular cryptocurrency exchanges. The exchanges we’re currently talking to are cryptsy.com, coinedup.com, and bter.com.
We’ll be releasing tutorials soon that explain how to buy bitcoin, transfer it to your software wallet, and send it back out.
How do I get started mining?
If you’re brand new the mining, the basic steps will be to choose a pool (we will list these soon) and sign up there. We’ll release clear tutorials on how to do this.
Then you’ll use our miner program (coinyeminer or gold digger, we arent sure which yet), and enter your username from the pool. We’re going to make this SUPER easy – no endless techie configuration stuff. We’ll detect what graphics card or computer chip you have and run the program that’s best for you, automagically.
Then your COINYEs will go to the pool you chose. The pool will figure out how much percent you contributed to, and split up the 666,666 according to that percent. Then they will automatically send them to your software wallet.
Website – coinyewest.com