Minexcoin - A new era of payments

[revenant2017]

Nice to see MNX performing really well over the weekend. It's trailing to be back on track with the  $30 dollar level.

[younglord33]

I think one day soon that 70% parking is going to disappear.  We take that 70% for granted.  When the 70% drops to 40%, you will wish you had parked some at 70%.  As the monthly % quickly drops, if price continues to rise, you will have coins locked in 12% monthly when the yearly drops, and you will have missed your window.  So please realize that when you say "monthly is the best option" you really mean "monthly is the best option at the moment" but I doubt that is the long term truth.  There was a time when daily was the best option, and there was a time weekly was the best option. 

just 2 cents

I think about this alot but i still think monthly is the best because there's a high chance there will be at least another crypto crash in the next yr and that will probably raise interest rates

[MineCoin.org]

Minexcoin Info:
Hashrate: 83.90 MSol/s Difficulty: 3.8253578714388

MinexBank Rates:
Daily: 0.33% Weekly: 2.25% Monthly: 12.84% Yearly: 70%

Price of MNX: $27,68 USD
 

[Bossieman]

We are going in steady speed to the moon. MNX is looking very good. Amazing action last 24h. Looking very good.

[minexpuntcoin]

I think one day soon that 70% parking is going to disappear.  We take that 70% for granted.  When the 70% drops to 40%, you will wish you had parked some at 70%.  As the monthly % quickly drops, if price continues to rise, you will have coins locked in 12% monthly when the yearly drops, and you will have missed your window.  So please realize that when you say "monthly is the best option" you really mean "monthly is the best option at the moment" but I doubt that is the long term truth.  There was a time when daily was the best option, and there was a time weekly was the best option.  

just 2 cents

I think about this alot but i still think monthly is the best because there's a high chance there will be at least another crypto crash in the next yr and that will probably raise interest rates

If your read the whitepaper, the interest is supposed to be in the 40% range at some point this year.  The interest is not going to jump back to 70% imo just because the price drops after they go to a 40%/year interest.  If adoption of Minexcoin grows, and there is a large number of new users utilizing the parking option, higher interest rates won't be sustainable regardless of USD price.  You can't ignore the great monthly interest though, my personal strategy is to utilize the monthly interest in a staggered setup, so I have interest coming in 2x/week, and I place the coins I earn on interest in the 70%/year, and I will continue to do this until the yearly rate drops, I don't want to be sitting there wishing I have 70%/year interest when the monthly is 4%

[dejan_p]

parking now at yearly rates probbably seems scary to many people
but, if everything goes well with the project - it is the most rewarding option (price growth, amount of the reward)

so you actually are right and got me thinking whether to enter with another investment

[younglord33]

I think one day soon that 70% parking is going to disappear.  We take that 70% for granted.  When the 70% drops to 40%, you will wish you had parked some at 70%.  As the monthly % quickly drops, if price continues to rise, you will have coins locked in 12% monthly when the yearly drops, and you will have missed your window.  So please realize that when you say "monthly is the best option" you really mean "monthly is the best option at the moment" but I doubt that is the long term truth.  There was a time when daily was the best option, and there was a time weekly was the best option.  

just 2 cents

I think about this alot but i still think monthly is the best because there's a high chance there will be at least another crypto crash in the next yr and that will probably raise interest rates

If your read the whitepaper, the interest is supposed to be in the 40% range at some point this year.  The interest is not going to jump back to 70% imo just because the price drops after they go to a 40%/year interest.  If adoption of Minexcoin grows, and there is a large number of new users utilizing the parking option, higher interest rates won't be sustainable regardless of USD price.  You can't ignore the great monthly interest though, my personal strategy is to utilize the monthly interest in a staggered setup, so I have interest coming in 2x/week, and I place the coins I earn on interest in the 70%/year, and I will continue to do this until the yearly rate drops, I don't want to be sitting there wishing I have 70%/year interest when the monthly is 4%

if crypto crashes again, there will be less minexcoin users for a temporary period and the price will fall as well thus increasing interest rates. This is the same thing that happened january. Even if there somehow isnt another crash this yr (i would bet my life there will be at least another 40% drop), 12% monthly over 4 and a half months is pretty much 70%. Even if the monthly slowly drops to 5%, it is still more profitable. The only way the yearly would be more profitable right now is if the price of mnx were to skyrocket in the next few months, and never crash over the next yr. I guarantee you this will not happen. 6-12 months from now I think the yearly might be more profitable because i can see mnx taking off in 2019/late 2018

[elegant_joylin]

Slowly but surely. MNX is now trading at $27.89 as of this writing.

[MadelynCohen]

MNX is a longterm hold. So I don't mind. We're already in 2018. 2019 is basically or technically only a year away.

[minexpuntcoin]

Younglord I obviously can't convince you, but when the yearly option drops, and never returns, I can always say I told you so!

[ChinkyEyes]

Younglord I obviously can't convince you, but when the yearly option drops, and never returns, I can always say I told you so!

It will become nostalgic to talk about how the yearly option once was 70%. It could definitely happen with more people coming into MNX and the price growing with a new alt bubble. The weekly and monthly rates can become much lower than they are now. I am definitely going to lock up some of my Minex with the yearly 70%, probably after I receive my next parking payout. Nobody knows what will happen exactly in 2018. We could see some major volatility this year.

[MineCoin.org]

Minexcoin Info:
Hashrate: 98.41 MSol/s Difficulty: 3.8124073852304

MinexBank Rates:
Daily: 0.31% Weekly: 2.1% Monthly: 12.5% Yearly: 70%

Price of MNX: $27,33 USD

[john1010]

I pointed my 20gpu wit this coin, This project attract me most.. And the best part is their "MinexBank" It was great!!

[TeMHuK]

I pointed my 20gpu wit this coin, This project attract me most.. And the best part is their "MinexBank" It was great!!

Minexbank will be just a part of big MNX ecosystem. 2018 roadmap is not finish line in this project 

[MineCoin.org]

Minexcoin Info:
Hashrate: 96.65 MSol/s Difficulty: 3.8124073852304

MinexBank Rates:
Daily: 0.31% Weekly: 2.1% Monthly: 12.5% Yearly: 70%

Price of MNX: $27,27 USD

[Anon11073]

Does MNX have plans to correspond to hardware wallet (Ledger, Trezor, etc.)?
I think hardware wallet will be a safe storage means for long-term holders. I think that it is not easy to add it to the hardware wallet, but please consider it.

[psihotoc]

The new miner constantly gives an error and turns off. Who faced such problem?

[MineCoin.org]

Does MNX have plans to correspond to hardware wallet (Ledger, Trezor, etc.)?
I think hardware wallet will be a safe storage means for long-term holders. I think that it is not easy to add it to the hardware wallet, but please consider it.

Thank you for offer! Our devs will think about it

[Dirtpaw]

The new miner constantly gives an error and turns off. Who faced such problem?

lolMiner only crashes on Windows. I suggest using Linux for mining. Much more stable on linux.

[Anon11073]

The new miner constantly gives an error and turns off. Who faced such problem?

Are you using lolminer?
Ask the developer thread or ask a question on the Tlegram channel for miners.

[ANN] lolMiner-mnx, Mining MinexCoin(MNX) New version: v0.22 (Feb 23)
https://bitcointalk.org/index.php?topic=2933939.0

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https://t.me/mxpool