We already have 69637 blocks (2 228 384 coins). Are you sure there is no premine?
{
"blocks" : 69637,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.04243030,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 32542277,
"pooledtx" : 0,
"testnet" : false
}
http://krugercoin.miningpool.co is finding about 10+ blocks per minute at this low difficulty so would have found around 30000 blocks in the last 48 hours. Plus the other pool and solo miners...