I'm sure many of you have noticed that MinCoin has been having some issues with our Difficulty re-target causing a lot of
instability in MNC network hashrate, Transaction Confirmation times and overall mining profitability compared to other coins.
Today we have made a change to that Difficulty re-target in an effort to help create a more stable network hashrate
and to also help stabilize the 1min block/confirm target. This should also help with mincoin mining profitability from
a stability standpoint.
However, this does require a mandatory update
to the mincoin qt client and daemon for all miners and pool operators.
We request that everyone upgrade prior to block 75000
as that is the target block for the new Difficulty re-target of 60blocks
to take effect.
You can download here:
*Latest Source (branched from SandyCohen): https://github.com/vipah/mincoin
MNC GUI client: https://www.dropbox.com/s/yzl27vm35lc7q8l/mincoin-qt-v6.0.5.zip
Dropbox for daemon here: https://dl.dropboxusercontent.com/u/38674765/mincoin604.zip
Thanks again for your continued support. I think this change will help benefit everyone involved with this project.
Announcing MinCoin! If you weren't an early adopter for BitCoin or LiteCoin here is your chance to become one for the fastest coin out there!
**Latest github: https://github.com/vipah/mincoin
Windows 32bit binary: https://dl.dropbox.com/u/36733610/mincoin/mincoin.zip
MinCoin (MNC) - a minimalist version of Bitcoin optimized for CPU mining using scrypt as a proof of work scheme.
*Only 10 million coins total will be generated
*1 minute block targets for ultra fast transactions
*To encourage early adoption block values for first 3 days are :- 500 MNC, 100 MNC, 50 MNC
*After first 3 days block value will be 2 MNC per block until all coins mined which will take roughly 10 years
*Difficulty Retarget Every 60 Blocks Mining started at 12:20 GMT April 3 and was announced on IRC and the WWW not long after. There is no premine! Bounties
10000 MNC for the first exchange
(Paid to RealSolid For Listing MNC on http://www.mcxnow.com
) WOW! AMAZING Crypto Exchange !!!
10000 MNC for the first pool to adopt it
(Paid to Vipah for http://vircurpool.com/index
) Nice Job Vipah !
5000 MNC for the second pool to adopt it
* There was too much dispute/debate about who actually had the 2nd fully working/functional Pool
therefore the bounty is being split up between the following pools at 1K MNC each.
http://min.ub3rl33t.com/index -Paid to MarKusRomanus ! Thanks for your support !!!
http://mincoinpool.com/ -Paid to bigvern! Thanks for your support!!!
http://mncpool.binarycoins.eu/index -Paid to sido! Thanks for your support !!!
https://www.multipool.in -Paid to flound1192 ! Thanks for your support !!!
http://mnc.coinmine.pl/index -Paid to feeleep ! Thanks for your support !!! Help getting started Solo mining:
Run mincoin.exe or compile the source from github. It should close down immediately after not finding a valid config file.
Go to %appdata%\mincoin directory and create a file called mincoin.conf . In this file add two lines
Then save the file. Or you can download the file from here and place it in the same directory:-
Now run mincoin.exe again.
Run CGMINER or REAPER and point it to http://127.0.0.1:9335
with the username of "user" and password of "pass"
If you use CGMINER set the flag "--expiry 1" option to make sure you avoid stales, ie
cgminer --scrypt -o http://127.0.0.1:9335
-u user -p pass --expiry 1***Update*** Link To MNC GUI Client !!!https://www.dropbox.com/s/yzl27vm35lc7q8l/mincoin-qt-v6.0.5.zip
***Note, I am NOT the creator of this currency just posting this for informational purposes***