Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Often founders (used to?) pre-mine (i.e. mine coins before releasing the currency to the public), or set their currency up to give them a given percentage of all mined coins.

Assuming you can create enough hype for your new coin, this can be much more profitable than just taking donations/funding through a BTC wallet.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: