You only need to do this once a month.  Deposit your coins, let them stake for 30 days, then move them to another address.  Repeat.

He is indeed.  I will continue to update his progress each week.

Still going btw, just a reminder

What iGotSpots is trying to say is that you can send the coins to yourself

1.  Under the "Receive Coins" tab create a new address, and give it a name, like Wallet2
2.  Got to the "Send Coins" tab and send all your coins to this address
3.  Wait again to stake

Or, if you want, you can just send them all to an exchange like Bittrex, then withdraw them all back to your wallet - same thing, different way.  The coins just need to be transferred to a new address every 30 days to reset staking.

A story about Fred, the MMXIV Prospector

I already mentioned Fred in the Maieuticoin ANN thread but figured this deserved its own separate thread to discuss.  Let's analyze his situation a little further.

Fred is imaginary, but this situation is not hypothetical, this is fact based on real numbers.  The chart below is based on actual BTC/USD values taken from the Winkdex and actual BTC/MMXIV daily highs from Bittrex:

BLUE line indicates BTC/USD value expressed in $USD
RED line indicates size of MMXIV wallet expressed in MMXIV
GREEN line indicates $USD value of MMXIV wallet


Fred purchased 20 MMXIV from Bittrex on Dec 14, 2014 at a price of 0.019 BTC per MMXIV.  The $USD value of his MMXIV at that time was $134.01 and the BTCBTC value of his wallet was 0.38 BTC.  He immediately transferred these MMXIV to his personal wallet and began staking.

Based on MMXIV's 2014% annual interest rate, compounded daily, by January 14, 2015 his wallet now contains 90.76 MMXIV, more than quadruple the coins he started with.  His ending MMXIV $USD wallet value is $263.97 or BTC1.34

The price of BTC/MMXIV dropped by 22.17%
The price of BTC/USD dropped by 44.23%
The $USD value of Fred's MMXIV wallet increased by 96.98% from $134.01 to $263.97
The BTCBTC value of Fred's MMXIV wallet increased by 253.18% from 0.38 BTC to 1.34 BTC

One month.  Despite price drop of MMXIV/BTC.  Despite BTC value almost cut in half.  Almost double return on investment.

If you doubt any of this, the raw data used to perform these calculations can be found here

MMXIV all the way.  2014% interest rate works out to 5.5% per day, compounding every day.  Your balance doubles every 13 days - buy 20 today day, you'll have 80 in a month just by staking your balance.

See here how Fred preserved his BTC wealth by investing in MMXIV

LOCKED.  Go here for new thread

Mods, please delete this topic.

More about Fred

I already told you about Fred and his wonderful returns on POS-powered MMXIV between the timeframe of Dec 14 and Jan 13.  Let's analyze this a little further.

Fred is imaginary, but this situation is not hypothetical, this is fact based on real numbers.  The chart below is based on actual BTC/USD values taken from the Winkdex and actual BTC/MMXIV daily highs from Bittrex:

BLUE line indicates BTC/USD value expressed in $USD
RED line indicates size of MMXIV wallet expressed in MMXIV
GREEN line indicates $USD value of MMXIV wallet


Fred purchased 20 MMXIV on Dec 14, 2014 at a price of 0.019 BTC per MMXIV.  The $USD value of his MMXIV at that time was $134.01.  He immediately transferred these MMXIV to his personal wallet and began staking.

Based on MMXIV's 2014% annual interest rate, compounded daily, by January 14, 2015 his wallet now contains 90.76 MMXIV, more than quadruple the coins he started with.  His ending MMXIV $USD wallet value is $263.97

The price of BTC/MMXIV dropped by 22.17%
The price of BTC/USD dropped by 44.23%
The $USD value of Fred's MMXIV wallet increased by 96.98%

One month.  Despite price drop of MMXIV/BTC.  Despite BTC value almost cut in half.  Nearly 100% return on investment.

If you doubt any of this, the raw data used to perform these calculations can be found here

To illustrate the power of Maieuticoin, here's a story:

Fred bought 20 MMXIV on Dec 14 at a price 0.019 BTC.  He invested about 0.38 BTC to buy these coins.

Today, one month later, the closing price is 0.011 BTC.  Is Fred upset?  Yes, but not for the reason you think.  He's pissed that he didn't buy more, because he staked his balance of 20 MMXIV the day he bought it:

By Dec 28, his MMXIV wallet had doubled to 40 MMXIV
By Jan 13, his MMXIV wallet had doubled again to 80 MMXIV

At today's price, his POS-powered MMXIV is now worth 80 * 0.011 BTC = 0.88 BTC.  Despite a 40% drop in price, he still more than doubled his money.

This is the power of 5.5% daily interest.

AND THE WINNERS FOR HIGHEST HASHRATE ON 1/11/2015 at 02:11pm CST ARE:

SHA256:  Mubk3y8fXJWg6UdawjX2ujcLnEpYvceg7Y   with 29.23 TH
Scrypt:   MseyxVPn2YuJ5tmdyffUQhDYPoMxFfFQdf   with 918.67 MH
X11:   MhG8D8G4jZsqp2H64XC3YxD7Soem9XDtuG   with 73.94 MH

Each of these addresses will be receiving 10 MMXIV shortly (two transactions of 5 MMXIV each)

Additionally, we made it past the bonus threshold on SHA256 and Scrypt!  EVERY MINER on these algos will receive 1 MMXIV (two transactions of 0.5 MMXIV each):

SHA256:
Mubk3y8fXJWg6UdawjX2ujcLnEpYvceg7Y
Muc3kHSF4LCjFsYrVcw5ZW7pikJopHj7zS
MinUKbDzkH1ShJuDP6geAEEQYYirkhqsQk
MjH9b6WYkKhj6ZNBe2aZ9D1KRrUdEN2PiG
MjKiQGEx8yD3zHDMiGHj3NN8EzwBGXNAB3
MjMwmUANzQoXUUpi6XShrttGoqtwqiHZVP
Mi3qfungoUrazJZAJZ1zfu26FQR3TStSqB
MmEVgMmT9s7bUhbNbU81hmZ5ZQ6XPQfahg
MtrzMX9Mje2SRoLD2JKXRh4CjJBVuvAxAK
Msjb1CtwHrKTSvLioiJUUoXeRyFDWWJCJp
MoVfQWcbHRJTqCPrLtGRompHqkbFAyu3XY
MfzEkA9CYd5gKiSAJWCERcwZ3nDCiik2aU
Mc8FXZUzzqQxy6Gj61C73oRDR4JKNxRBGE
MgYvm5TrSEENikUADCdzLFRkYwrAKgMLS4
MaLDCE8JdJwRFp6JXdxngkUwDDsSBbUvCE
MXNvGThMeciTTeB5M6RQ45yW6MXyuzbej7
MccED47AQdnBV6GxBhXkQD45CtyKn9JnXW
MYBBjAfKFd95DmPhTBQa4cE82dLaKWpbRu
MaPfv1fJenEGXk6UvebEguL8J3vKYsZg3Q
MpbGGf47WLabDLstFt6Wd31aphvdSkfPny
MtUi5SwzBUVwGLT4kxvfQ8z4DNhUBh9Soj
MpRCtHA6azRDP59HYN3t8mzHqWzaDgNAaa
Mom5kFZo2PV2pCBwu32V2LL678uyLQfcXh
MutswbN5e8UWM5ox5oaqUG67Z2fhBijuTX
MmyAyWBFqWx46SoBkKexbLogoc5HMnzipM
MdseuwAsB2aoEnCSXPrGSJXcuPwqYaV2uP
MuQGZNDm4fFnVKeG9ARypYjAkuonGjrWhd
MYAW26Y1HTdpwYE6C8sr1g8DA9skRBqEgP
MpgiFEthMuGj7K8AthZuEhjsuyDZ4j82Pd
MeXSPe5uuXNQnN1a8HgSYiTXXnAczS9yX4
MpEHfyCLbA81J8wo8oR3NPjyPGsyjL9zQH
MkSesezvf9vH2UzJgjPaEZxhm3bCYC2nGH
MjoDxXB4wWDsL3tu1XxXiBmjqsg6xChsdH

Scrypt:
MseyxVPn2YuJ5tmdyffUQhDYPoMxFfFQdf
MjWJcTiZixELt3BDo6KFaCiZkG637QMekK
MaLDCE8JdJwRFp6JXdxngkUwDDsSBbUvCE
MpRCtHA6azRDP59HYN3t8mzHqWzaDgNAaa
MrBmV2rVRUHN8rXFxvxsUrEQoY1nE6HB5b
McM6LxutXzeSRpSvjoAqUL3SiPo1GqwMxJ
MinUKbDzkH1ShJuDP6geAEEQYYirkhqsQk
MfsYEr6Wu8uqH7VPRbfsEEExJBK1DHSbjG
MoY8QQSwievUozFZzrFwwcCAXk1kzhGZ3N
MiPK5FiUr8BVM3fwwprH8LGritqh1MzoGZ
MeXSPe5uuXNQnN1a8HgSYiTXXnAczS9yX4
MbXfVqMPR6QKEJnpBUYXVbrGuLKksPBGAJ
MtySTDq7FTF6kw6MpVNdYEgCyMvguhbh8v
Mom5kFZo2PV2pCBwu32V2LL678uyLQfcXh
MvDfpEqPGfHfNb6fXcryREcFudDezKsvtR
MXLxr9Gyrc2F76C4ZuYsZWkSFcACYb44v9
MdPjVpebyWR4JPNN31xF4VP4A9iT6ZSjHt
Meye6on9kpig7ekSpAtM5G4mdZzqXqeveV


STAY TUNED FOR NEXT CONTEST - I WILL BE DOING THIS AGAIN - HAPPY MINING

http://pool.mmxivcoin.com

Not sure about that one - you would need to ask ThePeePs, he runs the pool.  Come on over to #MMXIV in IRC he's usually on there

I threw this together so you can easily find the current highest hashrate for each algo on the pool:
http://www.my-dns.net/stats/

This pulls live data from the pool so it should always be current

HAPPY MINING  

Indeed - corrected above!

Most everything is in the OP, but in a nutshell:

No proof of work, POS at 2014% yearly
Mine with Sha-256, Scrypt or X11 at the Multipool: http://pool.mmxivcoin.com (down atm but back soon I'm sure)
Buy on Bittrex or Poloniex

There is a raffle going on right now for the Snowball staking hardware, a small low-power device that will securely stake your MMXIV and Snowballs coins for you, so you don't have to keep the wallet open on your desktop all the time.