Minexcoin - A new era of payments

[mrongos]

Hello, dear Minexcoin community. We are glad to inform you that MNXcore is ready to use.

1. Link for download and install wallet here https://github.com/minexcoin/minexcoin -->README.md -->Linux binary file: http://minexcoin.com/bin/linux/minexcoin-qt
Now the wallet works only on Linux. Soon will be release for Windows, and after this for Mac.
2. Here is the link for GitHub with open source code https://github.com/minexcoin/minexcoin
3. Now is available for mine only CPU mining.
4. Network difficulty is high. Because of this, mining will be slowly.
5. How to mine coins:
Open your MNXcore -->Help -->Debug window -->Console --> than write ''generate'' and amount you want mining.

I don't like mining cpu miner
better use GPU 

i am waiting release wallet for windows
hope full dev so release market fot this coin
goodluck

[dhemasm]

any news for windows wallet dev? 

[gobisirom]

long time to wait for exchange , i hope good price for first exchange

Yes hope our hope is achieved. Hopefully the price is not below ico,
Hopefully not in the retreat again

[erwan]

long time to wait for exchange , i hope good price for first exchange

Yes hope our hope is achieved. Hopefully the price is not below ico,
Hopefully not in the retreat again

Hopefully. Bounty coins have been distributed, even though not yet withdraw.
I think for a while the price of minex will go down.

[gginn]

dev: We can withdraw our MNX to wallet after August 2, when will be release of Minexbank

[civilufo]

Hello, dear Minexcoin community. We are glad to inform you that MNXcore is ready to use.

1. Link for download and install wallet here https://github.com/minexcoin/minexcoin -->README.md -->Linux binary file: http://minexcoin.com/bin/linux/minexcoin-qt
Now the wallet works only on Linux. Soon will be release for Windows, and after this for Mac.
2. Here is the link for GitHub with open source code https://github.com/minexcoin/minexcoin
3. Now is available for mine only CPU mining.
4. Network difficulty is high. Because of this, mining will be slowly.
5. How to mine coins:
Open your MNXcore -->Help -->Debug window -->Console --> than write ''generate'' and amount you want mining.

CPU mining only coin? Seems like I missed this coin, what is the algorithm? I always like to mine some coins by using my CPU power when it is idle or maybe occupy one or two threads without affecting my work. I will check into it later...

[sonulrk]

If there is too much use of "HOPE" word than it is clear people don't have hopes. This is exactly happened with MNX coin.

[sonulrk]

I challenge anybody if MNX stay above 0.002 btc after one week in exchange.

[sonulrk]

The strong point with BTC besides technical and economic problem is community believe in it, which lacks in MNX post-ICO.

[ChristianPogi]

Mining will not be available in the wallet like for the test version ?

Hello, mining of Xcoins in test version is available but these coins will not have value and we will not pay percentage from mined test coins. We will release MNXcore today and you can begin mining with MNXcore and then sell these coins on exchange or parking in MinexBank.

You will not pay anymore the interest we gather in the Test Minexbank from the xcoin? please clear me up. Thanks Dev!

[manoel]

I challenge anybody if MNX stay above 0.002 btc after one week in exchange.

Whitepaper showed to us that if the price goes down the algo will increse the rate and buy the coin on exchanges to put the price on the way, if thats no occur, sell all yours coins and make profit before start to lose money

[xLays]

any news for windows wallet dev? 

Same here. So that we can also start mining as soon as possible.

[Racquemis1]

Mining is pretty much useless. Currently mining on Windows. 2 days mining on three i7 systems and only 2 blocks mined.
Average block time is like 12 hours atm.

[nioschka]

any news for windows wallet dev? 

Same here. So that we can also start mining as soon as possible.

Well, it doesn't seem quite fair to give that kind of a head start to Linux users, does it :-) I see people are mining in their own hand-made wallets, but I'm looking forward to see someone set up a pool or something?

[sonulrk]

I challenge anybody if MNX stay above 0.002 btc after one week in exchange.

Whitepaper showed to us that if the price goes down the algo will increse the rate and buy the coin on exchanges to put the price on the way, if thats no occur, sell all yours coins and make profit before start to lose money

In whitepaper it is showed that bank will increase parking percentage in case of high sell off and stop trading if change is more than ±5%. Now if value of MNX decreases everyday by 5% in one week it can come down to 0.0016 BTC from 0.0023 BTC. I am not talking about loosing money because I am already at lose. If developers make efforts to bring positivity then we can HOPE for a sustained price. Which--I am afraid--is not in sight in near future.

[DashS]

Mining is pretty much useless. Currently mining on Windows. 2 days mining on three i7 systems and only 2 blocks mined.
Average block time is like 12 hours atm.

Is there a win wallet somewhere? I thought only linux wallet was released. I don't understand why there's no updates on the first post in this thread.

DEV CAN YOU UPDATE IT PLEASE?

[*MrPiP*]

I've participated in bounty, not an investor. But I think investors should be really unhappy with what is happening with the project now.
I remember they promised custom algo (mars?) for PoW mining. Also guys should learn how to do a proper PoW coin launch (it's more important than minex bank!).

[jacafbiz]

I challenge anybody if MNX stay above 0.002 btc after one week in exchange.

I think it should stay above that figure, the number of tokens in circulation is very small amount, I could remeber Tokes ICO too, the developers raised hundreds of BTC and the price has been very high on the market. There won't be huge selling pressure to keep the price low except bounty tokens I guess

[Racquemis1]

I'm a bit worried.
Before the release of the wallet they mined 960 blocks with a high amout of hashing power.
After the release they stopped. We now have a very high difficulty in which it is infeasible to cpu mine for any real gains
Currently it has been 17 hours since the last blocks has been mined. This means it will take 17 hours for a transaction to be approved.

Now, when the MNX from the ICO gets released the devs surely need to bring along all their hashing power in order to have everybody withdraw their coins in a timely fashion.
We they don't we would need to wait until the next difficulty adjustment which will happen at block  1920.

This creates a situation in which the devs will own all the hashing power for a long time. Not really decentralised if you ask me.

Really interested in the reason the devs had to have increased the difficulty so much considering we will be CPU mining for a while.

[hansen.ng]

I'm a bit worried.
Before the release of the wallet they mined 960 blocks with a high amout of hashing power.
After the release they stopped. We now have a very high difficulty in which it is infeasible to cpu mine for any real gains
Currently it has been 17 hours since the last blocks has been mined. This means it will take 17 hours for a transaction to be approved.

Now, when the MNX from the ICO gets released the devs surely need to bring along all their hashing power in order to have everybody withdraw their coins in a timely fashion.
We they don't we would need to wait until the next difficulty adjustment which will happen at block  1920.

This creates a situation in which the devs will own all the hashing power for a long time. Not really decentralised if you ask me.

Really interested in the reason the devs had to have increased the difficulty so much considering we will be CPU mining for a while.

I think once the miner is ready, we should be able to mine with GPU, because equihash algo is also used by Zcash and others.