[ANN][XMINE]MineCoin | 100% POW | Scrypt | No ICO | (Ticker changed)

[midnight_miner]

Kees!

Do you have the Blockchain for this coin stored away somewhere?

Any nodes still going?  Need some? 

[King Buzz]

any updates    ?   i just boought some xmine at six sats and wandering if its still teh coin for miners  ?

[wahyu5]

This time I was also waiting for the update ,
is there a social network for dev , faucet , etc. ?

[loutchano]

any active nodes

[midnight_miner]

any active nodes

Soon!  

Working with dev to see if things can get going again.

Please, DO NOT ATTEMPT to mine until Blockchain is heathly, you will lose whatever you mine.

Should have news in a week if all testing goes well.

[midnight_miner]

*** UPDATE ***

I have a new sync node up with the valid blockchain that I have sync'd up from keesdewit synch node.

I recommend deleting the peers.dat file in your %APPDATA%\MineCoin  or ~\.minecoin directory.

And this should be the only addnode IP in your minecoin.conf for now.

Code:

addnode=68.71.58.226

I have about 1 MH/s mining on a temporary pool to keep the blockchain moving. So once you have sync'd your wallet you can move coins from YObit if you wish.  I have tested Withdrawals and Deposits on YObit and their wallet appears to be fully functional and in sync.

I will provide the mining pool info in a separate post.  I would like to have another super node or two up before mining resumes.

The new Block Explorer is indexing at the moment.  I will release details on it once the setup is complete.   

My schedule is to have the coin rolling again by this Friday.

A big THANK YOU to Keesdewit for allowing me to bring back the coin!!!

- Midnight Miner

[midnight_miner]

*** New Nodes - Pool - Explorer ***

Permanent Supernodes:

Code:

addnode=xmine1.midnightminer.net
addnode=xmine2.midnightminer.net

Block Explorer:
http://xmine.midnightminer.net

Mining Pool:
pool.midnightminer.net
Fee: 0.5% - No login required. Username is your XMINE Address.

Code:

Diff: 16   | stratum+tcp://pool.midnightminer.net:4251  -u <XMINE Address> -p x    
Vardiff:   | stratum+tcp://pool.midnightminer.net:4252      
Diff: 256  | stratum+tcp://pool.midnightminer.net:4253

[loutchano]

New Pool Minecoin

http://mineblocks.no-ip.org:2627/pool/XMINE/

[Lucky7btc]

excellent...Go to see this coin back working again.

[Lucky7btc]

looks like its getting some buy action today on yobit...

[Inves]

What sluchilos , the purse no longer connect

[midnight_miner]

What sluchilos , the purse no longer connect

Main nodes are back online.  Had a mis-configuration that took down my servers.

Block Explorer and Mining Pool also back online.

[Lucky7btc]

What sluchilos , the purse no longer connect

Main nodes are back online.  Had a mis-configuration that took down my servers.

Block Explorer and Mining Pool also back online.

That's great... Xmine is back in business. I'll pump the coin a bit tomorrow

[altcoinlinks2]

Bueller...Bueller...Bueller 

[midnight_miner]

Bueller...Bueller...Bueller 

It's Bueller's day off!   

[Lucky7btc]

Bueller...Bueller...Bueller 

It's Bueller's day off!   

Any working nodes?

[loutchano]

Bueller...Bueller...Bueller 

It's Bueller's day off!   

Any working nodes?

addnode=mineblocks.no-ip.org:42511

[Saracenis]

Dead?

[midnight_miner]

Dead?

Define what you call 'Dead?'

The coin has an active blockchain, has miners, and on an exchange.

Other work in progress but nothing official yet.

[midnight_miner]

I am going through the Coin definitions and I see that it has a maximum coin amount of 84,000,000 coins.
With the current payout of 100 coins per mined block and the halving happening at block 840,000.   The halving of the coin will happen at the Max supply of the coin.  At the current rate, I foresee less than a year of mining the coin before we reach the maximum supply of the coin.  I have some interesting ideas for the coin, I would like to see a longer lifetime for the coin, without changing the PoW base of the coin. 

I need some input from the community of XMINE (MineCoin) owners on how we handle the halving or the maximum supply of coins.
 - if we do nothing the coin will be mined to the maximum number of coins and then mining (and the blockchain) will stop.

• Option 1: change the halving of the coin to happen sooner than later, and modify the maximum supply of coins to to align with the halving block           number.
  
  • ex: if the halving were to occur at every 600,000 blocks then the coin supply would be re-calculted based on that number.
• Option 2: a more drastic change in the mining reward by dropping it an order of magnitude (from 100 coins to 10 coins per block) to extend the lifetime of the coin.  And then again later on, another drop in order of magnitude from 10 coins to 1 coin per block as a mining reward.
  
• Option 3: other suggestions from the community.
  

Before I start committing changes to the coin I would like to hear feedback on the options for MineCoin.