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Author Topic: Minexcoin - A new era of payments  (Read 646578 times)
waltdanger
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March 11, 2018, 02:09:21 AM
 #15861

Network Hash rate is increasing like crazy lately, my Luck has doubled within the last week, soon it won't be as profitable to mine as Nicehash/MPH Sad

I really like mining it because lolminer is very power efficient and my GPU temps remain cool. I don't feel like I am abusing my cards, like I would be if I was mining ethereum or something.

Also monthly parking is the best rate atm. Compounding is very simple. Add 1 to the rate, then raise it to the n'th power (n = compounds/year)

Daily: 1.0024 ** 365 = 2.39875650196, profit = 139.88%
Weekly: 1.0189 ** 52 = 2.6475321128, profit = 164.75%
Monthly: 1.114 ** 12  = 3.65276968652. profit = 265.28%
Yearly: 1.702, profit = 70.2%

Monthly is the best return right NOW, but keep in mind if rates plummet, it might make locking in a longer term more profitable. So while 70.2% may seem like the worst, it can turn out to be the best if all the rates drop to 20% of their current value within 3 months.
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minexpuntcoin
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March 11, 2018, 02:16:42 AM
 #15862

A friend of mine told me parking daily and recompounding is a much more preferred option compared monthly and yearly parking options. After the recent argument on this thread, I'm beginning to think he's right. Now, I'm patiently waiting for a good entry point so I can buy in and park my coins

Daily parking is a great option if you plan on actively trading often, as far as compound interest compared to monthly, just do the math

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TeMHuK
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March 11, 2018, 03:47:49 AM
 #15863

Network Hash rate is increasing like crazy lately, my Luck has doubled within the last week, soon it won't be as profitable to mine as Nicehash/MPH Sad

I really like mining it because lolminer is very power efficient and my GPU temps remain cool. I don't feel like I am abusing my cards, like I would be if I was mining ethereum or something.

Also monthly parking is the best rate atm. Compounding is very simple. Add 1 to the rate, then raise it to the n'th power (n = compounds/year)

Daily: 1.0024 ** 365 = 2.39875650196, profit = 139.88%
Weekly: 1.0189 ** 52 = 2.6475321128, profit = 164.75%
Monthly: 1.114 ** 12  = 3.65276968652. profit = 265.28%
Yearly: 1.702, profit = 70.2%

Monthly is the best return right NOW, but keep in mind if rates plummet, it might make locking in a longer term more profitable. So while 70.2% may seem like the worst, it can turn out to be the best if all the rates drop to 20% of their current value within 3 months.
Thanks for your calculating, it is very usefull information for old and new members of Minexcoin family.
MineCoin.org (OP)
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March 11, 2018, 07:47:08 AM
 #15864

Minexcoin Info:
Hashrate: 141.85 MSol/s Difficulty: 5.9050827054966

MinexBank Rates:
Daily: 0.24% Weekly: 1.89% Monthly: 11.4% Yearly: 70.2%

Price of MNX: $29,73 USD

| Minexcoin | Trade. Park. Earn.
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elegant_joylin
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March 11, 2018, 08:28:20 AM
Last edit: March 11, 2018, 08:51:07 AM by elegant_joylin
 #15865

To Filipinos: I've created an unofficial Minexcoin PHL in telegram: https://t.me/minexcoin_phl
Hope you can join our discussion there and help us grow. Thanks.
selenophile
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March 11, 2018, 01:40:57 PM
 #15866

To Filipinos: I've created an unofficial Minexcoin PHL in telegram: https://t.me/minexcoin_phl
Hope you can join our discussion there and help us grow. Thanks.

Are you a filipino or not? I saw your red trust given by lauda that you use automated transalation to transalte english to filipino.
anyways thanks for that group. Already joined it.

naska21
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March 11, 2018, 02:38:02 PM
 #15867

Gentlemen,

I will be happy to wait to see who turns out to be correct.  Maybe they put the yearly rate there just for show, but I can't believe how many people would invest in this coin, and really can't contemplate the concept that there is a strategy beyond doing the simple math you seem to be doing.  

Like I said, I put most of my coins in the monthly interest as you do as well, I just diversify by putting the coins I earn in interest in the yearly, So I will get  70% on any free coins I earned, go ahead and do the math from here on out, and see if you get 70% interest on the coins you receive from this point forward, and see which would have been better.  

And as far as saying what interest rates will be in the future, you are right, no one can predict it, but you can look at the pattern that has persisted so far and make assumptions based on that, mixed with the writing in the WHITEPAPER which most people who post here obviously didn't read.

like positions in Kamasutra  there combinations of parking  are so multiple that anyone may find that unique he takes to.
MineCoin.org (OP)
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March 11, 2018, 05:58:14 PM
 #15868

Minexcoin Info:
Hashrate: 150.89 MSol/s Difficulty: 5.9050827054966

MinexBank Rates:
Daily: 0.24% Weekly: 1.89% Monthly: 11.4% Yearly: 70.2%

Price of MNX: $30,18 USD

| Minexcoin | Trade. Park. Earn.
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podrouzek
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March 11, 2018, 06:05:19 PM
 #15869

I see miners getting 4 000 000 kh/s and getting 300 mnx a day.

WHAT MINER ARE THEY USING?

lol crashes all the time and equihash miner does not get the best hash rates?!

Does anyone/minex team know what they using?  Nicehash?!?!?

Thanks
Dirtpaw
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March 11, 2018, 07:11:57 PM
 #15870

I see miners getting 4 000 000 kh/s and getting 300 mnx a day.

WHAT MINER ARE THEY USING?

lol crashes all the time and equihash miner does not get the best hash rates?!

Does anyone/minex team know what they using?  Nicehash?!?!?

Thanks

Those miners have many rigs. Probably using optiminer or lolminer on linux. Linux releases are stable.

Earn or compound your BTC : https://freebitco.in/?r=8476033  I share 75% of my commissions with my referrals. Share amount based on referral activity.
dejan_p
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March 11, 2018, 08:27:56 PM
 #15871

optiminer works like a charm on linux and gives nice hashrates on amd cards

so
if you're into minex
watch a tutorial or two, and go for it  Smiley
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March 11, 2018, 09:21:36 PM
 #15872

WOW, Minexcoin it worth above $30 now. That's a really good news. And 29,50 BTC of daily volume! It has increased a lot during lately falls. I'm really happy about it Smiley Keep it up!

bandar
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March 11, 2018, 09:43:48 PM
 #15873

Gentlemen,

I will be happy to wait to see who turns out to be correct.  Maybe they put the yearly rate there just for show, but I can't believe how many people would invest in this coin, and really can't contemplate the concept that there is a strategy beyond doing the simple math you seem to be doing.  

Like I said, I put most of my coins in the monthly interest as you do as well, I just diversify by putting the coins I earn in interest in the yearly, So I will get  70% on any free coins I earned, go ahead and do the math from here on out, and see if you get 70% interest on the coins you receive from this point forward, and see which would have been better.  

And as far as saying what interest rates will be in the future, you are right, no one can predict it, but you can look at the pattern that has persisted so far and make assumptions based on that, mixed with the writing in the WHITEPAPER which most people who post here obviously didn't read.

You're right to some extend.  It will probably be better from now on. BUT that 70% was there from the start.  At the rates back then it would have taken about 3-4months to get that 70%.  It's not logic, it should have been higher from the start and should have seen a steeper decline (too).
MineCoin.org (OP)
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March 11, 2018, 09:56:35 PM
 #15874

I see miners getting 4 000 000 kh/s and getting 300 mnx a day.

WHAT MINER ARE THEY USING?

lol crashes all the time and equihash miner does not get the best hash rates?!

Does anyone/minex team know what they using?  Nicehash?!?!?

Thanks


Hello,

I think, you can ask here: https://t.me/mxpool

| Minexcoin | Trade. Park. Earn.
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elegant_joylin
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March 11, 2018, 10:02:57 PM
 #15875

To Filipinos: I've created an unofficial Minexcoin PHL in telegram: https://t.me/minexcoin_phl
Hope you can join our discussion there and help us grow. Thanks.

Are you a filipino or not? I saw your red trust given by lauda that you use automated transalation to transalte english to filipino.
anyways thanks for that group. Already joined it.

Yes I'm a Filipino. Yeah, they gave that to me during my first few translations. Anyway, it's a lesson learned. What's important is moving forward for a bigger, brighter and better future ahead.

Thanks for joining us in unofficial Minexcoin Philippines.
yokosan
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March 11, 2018, 10:32:22 PM
 #15876

an incredible system and a coin against the fall. congratulations on the team.

I want to get it, but I can't get it. the project I see in the meantime, they can do very well if they stick to the road map.
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March 12, 2018, 12:12:16 AM
 #15877

minexcoin price today is very good, I did not expect the price has reached 0.003xx btc is amazing

jelma
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March 12, 2018, 12:27:34 AM
 #15878

currently minexbank is instrumental to keep the price of minexcoin, a good idea has been made by team minexcoin
MineCoin.org (OP)
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March 12, 2018, 12:54:05 AM
 #15879

Minexcoin Info:
Hashrate: 175.15 MSol/s Difficulty: 5.9050827054966

MinexBank Rates:
Daily: 0.24%% Weekly: 1.89%% Monthly: 11.4%% Yearly: 70.2%

Price of MNX: $27,65 USD

| Minexcoin | Trade. Park. Earn.
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MineCoin.org (OP)
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March 12, 2018, 12:56:57 AM
 #15880

an incredible system and a coin against the fall. congratulations on the team.

I want to get it, but I can't get it. the project I see in the meantime, they can do very well if they stick to the road map.

currently minexbank is instrumental to keep the price of minexcoin, a good idea has been made by team minexcoin

Hello,

Guys, thank's for your words!

| Minexcoin | Trade. Park. Earn.
The low volatility cryptocurrency. Trade on exchanges from November 1

Site || Blog || Bounty
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