Beware of scamcoins! Premine, instamine, hidden launch – those coins were created in “get rich quick” scheme in order to make money only by their creators and small group involved in instamine or premine.
Do not use these coins, let them fall into limbo. Using them it’s waste of your time and CPU/GPU power.
List of scamcoins – do not use:
- PXC Phenixcoin: premined 1,000,000 coins
- BTB Bitbar – premined by small group of coin creators
- MNC Mincoin – started with no binaries and 25000% reward blocks
- GLD Goldcoin – 2000% superblocks at start (3.2% instamine)
- AMC Americancoin- premined with 6.5k-14k blocks giving zero reward
- LKY LuckyCoin – superblocks at start, random superblocks
- MEM MEMEcoin – premined, superblocks
- ARG Argentum – premined
- StableCoin – 1,200,000 premined
- NUG Nuggets – premined
- CDC Cloudcoin- 1,000,000 premined, random blocks
- CENT Pennies – hidden launch
- SYC Skycoin – premined
- CL Copperlark – massively premined
- NAN NanoTokens – premined
- MST MasterCoin – premined
- USC UScoin – premined
- GIL – premined
- RCH RichCoin – premined
- XNC XenCoin – premined
- REC RealCoin – premined
- RED Recoin – 1,000,000 premined
- ALF Alphacoin – premined
- One Last Coin – premined
- ORB Orbitcoin – 66% premined
- NUC Nucoin – premined
Source: xorxor’s list of all cryptocurrencies at bitcointalk forum.