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101  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin, energy saving coin with a fast distribution *block explorer on: February 09, 2014, 09:28:03 AM
Read through the OP, this coin has a great concept!

what happens after 5 weeks. All miners will leave, no one is going fight for 1 mint. How is this supposed to work?

Google for Proof-of-Stake Algorithm. After 5 weeks new coins are generated as a form of interest, no need for miners. The network will be secured even without miners. When holding a certain amount of coins for a certain amount of time in your wallet, new blocks will be generated automatically from it.

the question is who will process SEND transactions.
102  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin, energy saving coin with a fast distribution *block explorer on: February 09, 2014, 08:48:23 AM
Read through the OP, this coin has a great concept!

what happens after 5 weeks. All miners will leave, no one is going fight for 1 mint. How is this supposed to work?

Came here for this. Smiley

Usually when the payout decreases the price rises.

Are the miners going to get enough tx fees?

it says low mining power will be required. So I assume the difficulty will be close to zero to allow smooth processing (at least i think how it works)
103  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin, energy saving coin with a fast distribution *block explorer on: February 09, 2014, 06:59:23 AM
Read through the OP, this coin has a great concept!

what happens after 5 weeks. All miners will leave, no one is going fight for 1 mint. How is this supposed to work?
104  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin, energy saving coin with a fast distribution *block explorer on: February 08, 2014, 10:01:19 PM
http://alt-exchange.biz/

I've never used this but they have MINT coin listed.

openex.pw and "freshmarket" both use openex framework have been hacked before

use this exchange built with same source with caution

withdraw balance after trading. This is my advice

Well I have tested this exchange today here was my results:
Transfered BTC in : took a min to pending, waited another hour, still nothing, then did the force deposit check and it was instant, probably should have tried that earlier.
Transfered MINT in: Took 1 min to pending, 10min to complete.
Buy and Sold: worked as planned, no issues.
Canceled Buy/Sell: instant deposit back.
Withdraw: both MINT and BTC Took about 1 hour 15 min. Found out that the site admin manually approves withdrawals before they are released.
Contacted Support: Got a reply within 1 Hour 15 min, seemed friendly.

All in all. I say its a success and works.

well its the first MINT exchange just after 3 days. Lets see how this goes
105  Economy / Service Announcements / Re: 1.45 BTC/Each - OFFICIAL BITMAIN NORTH AMERICAN DISTRIBUTOR NINJATECH.ORG on: February 07, 2014, 10:59:04 PM
greaterninja I by mistake ordered a miner (already paid in bitcoins). I requested a cancellation. When do I hear back from you?
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