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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1343447 times)
ShibeonBarkmont
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February 10, 2014, 04:07:33 AM
 #1081

after the first year, Mint will have a maximum of 84 billion coins? (70BB + 20%) or will the maximum always be 70BB?

Yes, 20% inflation (MUCH more than fiat money). Actually a little less cause some people will keep their wallets down.

Am I doing my math correctly here? I know I'm estimating a little at the beginning.

MINING POW
             Total Coin               Increased         
Today     5,531,047,249            
1st week    11,000,000,000.00             
2nd week    16,500,000,000.00     5,500,000,000.00          
3rd week    19,250,000,000.00     2,750,000,000.00          
4th week    20,625,000,000.00     1,375,000,000.00          
5th week    21,312,500,000.00     687,500,000.00          
               
               
MINTING POS               
Years    Total Coins          APR   # Compounded   Next Year Total            Increase
1    21,312,500,000.00    20%   365                   26,029,720,478.99     4,717,220,478.99
2    26,029,720,478.99    15%   365                   35,134,282,161.87     9,104,561,682.88
3    35,134,282,161.87    10%   365                   47,424,371,593.14     12,290,089,431.27
4    47,424,371,593.14    5%   365                   57,923,464,862.76     10,499,093,269.63
5    57,923,464,862.76    5%   365                   74,373,927,685.63     16,450,462,822.86




So are you saying that it will start minting within the first week? Because I think it says 20 days in your wallet minimum.
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dreamlucky
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February 10, 2014, 04:09:31 AM
 #1082

after the first year, Mint will have a maximum of 84 billion coins? (70BB + 20%) or will the maximum always be 70BB?

Yes, 20% inflation (MUCH more than fiat money). Actually a little less cause some people will keep their wallets down.

Am I doing my math correctly here? I know I'm estimating a little at the beginning.

MINING POW
             Total Coin               Increased         
Today     5,531,047,249            
1st week    11,000,000,000.00             
2nd week    16,500,000,000.00     5,500,000,000.00          
3rd week    19,250,000,000.00     2,750,000,000.00          
4th week    20,625,000,000.00     1,375,000,000.00          
5th week    21,312,500,000.00     687,500,000.00          
               
               
MINTING POS               
Years    Total Coins          APR   # Compounded   Next Year Total            Increase
1    21,312,500,000.00    20%   365                   26,029,720,478.99     4,717,220,478.99
2    26,029,720,478.99    15%   365                   35,134,282,161.87     9,104,561,682.88
3    35,134,282,161.87    10%   365                   47,424,371,593.14     12,290,089,431.27
4    47,424,371,593.14    5%   365                   57,923,464,862.76     10,499,093,269.63
5    57,923,464,862.76    5%   365                   74,373,927,685.63     16,450,462,822.86




So are you saying that it will start minting within the first week? Because I think it says 20 days in your wallet minimum.

Well no, these numbers are figured in a way that minting starts after week 5, but I guess it would actually be closer to week 3.
Prolifik
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February 10, 2014, 04:10:55 AM
 #1083

You can get more mintcoin by mining profitable alts and buying mintcoin than you can mining mintcoin alone.

Just a tip guys.

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February 10, 2014, 04:16:18 AM
 #1084

You can get more mintcoin by mining profitable alts and buying mintcoin than you can mining mintcoin alone.

Just a tip guys.

Well that's true for all coins, but I don't know of any more profitable then mintcoin mining right now.
2x 280x = 1.5Mhs = 500,000 coins a day at 6 sat = .03BTC a day, that's about double i was getting with Doge and we all know 6 Satoshis is low Wink Not saying it will be the same next week tho.
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February 10, 2014, 04:20:04 AM
 #1085

Mintcoin is really friggin cheap right now  Grin

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Ferris419
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February 10, 2014, 04:27:34 AM
 #1086

Mintcoin is really friggin cheap right now  Grin

I bought some :-D let's hope it goes up!


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Global LED Adoption Through Blockchain Technology
≒≒≒≒≒≒≒≒≒『ICO IS LIVE』≒≒≒≒≒≒≒≒≒
WEBSITE』『WHITEPAPER
≒≒≒≒≒≒≒≒≒≒≒≒≒≒≒≒≒≒≒≒≒
TWITTER』『TELEGRAM
bethy08
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February 10, 2014, 04:37:16 AM
 #1087

Mintcoin is really friggin cheap right now  Grin

I bought some :-D let's hope it goes up!

After the first five weeks of mining are over, Mintcoin should skyrocket in price Cool
benedictlol
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February 10, 2014, 04:38:05 AM
 #1088

So I've been mining mintcoin for a couple of days, and about 2 hours ago I FOUND A BLOCK ALL BY MYSELF WHILST IN A POOOL!! one of the most ecstatic moments of my mining career


free photo hosting


I Raise.  Cool


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February 10, 2014, 05:11:35 AM
Last edit: February 10, 2014, 05:35:57 AM by hamiltino
 #1089

.

stacking coin
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February 10, 2014, 05:13:55 AM
 #1090

C'mon guys need more people in mnt.allpoolz.com

0% fee


stacking coin
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February 10, 2014, 05:14:49 AM
 #1091

@ hamiltino - How is he scamming us?  Huh Huh Huh

edit - it's in my wallet now ^_^
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February 10, 2014, 05:39:23 AM
 #1092

cant get my wallet to sync at all  Sad

BTC: 1DGpR5Nvctq2ggCFFAhMzZ9vYMrAf6mCmb
LTC: LeBZPbVA4aU6k4B73JuTtegXWB56QVnjkn
MINT: MkKTnMjC2MkVaQTSDLpwQJQnBqKjujDn4A
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February 10, 2014, 05:43:31 AM
 #1093

cant get my wallet to sync at all  Sad

Have you tried adding nodes? or putting it in your %APPDATA% folder?
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February 10, 2014, 05:46:18 AM
 #1094

yeah i added the MintCoin.conf file with all the nodes. Still wont connect and download the blockchain after about 20 min

BTC: 1DGpR5Nvctq2ggCFFAhMzZ9vYMrAf6mCmb
LTC: LeBZPbVA4aU6k4B73JuTtegXWB56QVnjkn
MINT: MkKTnMjC2MkVaQTSDLpwQJQnBqKjujDn4A
ShibeonBarkmont
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February 10, 2014, 05:52:32 AM
 #1095

yeah i added the MintCoin.conf file with all the nodes. Still wont connect and download the blockchain after about 20 min
Hrm I added the nodes and took a shower, by the time I got back, I was all synced up.
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February 10, 2014, 05:57:39 AM
 #1096

yeah i added the MintCoin.conf file with all the nodes. Still wont connect and download the blockchain after about 20 min

I don't know if it will help but I could only get the wallet to sync with the computer with cgminer running no other computer would work for me
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February 10, 2014, 06:09:12 AM
 #1097

Hashstrike pool down for anyone else?

Charlie Kelly: I'm pleading the 5th.  The Attorney: I would advise you do that.  Charlie Kelly: I'll take that advice under cooperation, alright? Now, let's say you and I go toe-to-toe on bird law and see who comes out the victor?  The Attorney: You know, I don't think I'm going to do anything close to that and I can clearly see you know nothing about the law.
19GpqFsNGP8jS941YYZZjmCSrHwvX3QjiC
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February 10, 2014, 06:10:58 AM
 #1098

Hashstrike pool down for anyone else?

down for me as well.
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February 10, 2014, 06:18:28 AM
 #1099

Hi,

I locked my wallet, but now it says it is not minting anymore. Anybody know how to get rid of that?

''1.  Open the client.
2.  Go to Help > Debug Window > Console and enter what is below

walletpassphrase "your wallet password" 50000 true

3.  Enter the wallet password above without the quotes.  The 50000 is the total time it will be unlocked.
4.  You should now see the lock icon on the bottom right corner of the wallet look like it's unlocked.''



Btw, MpnruDLsBznXqZoE4NJz6EmKHMt5nhN4tW Wink

Thanks! Smiley

If it was easy, everybody would be doing it
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February 10, 2014, 06:20:52 AM
 #1100

keep on voting guys http://www.allcrypt.com/beta/voting.php
we are getting close to the top Cheesy
and ofc here  : https://bitcointalk.org/index.php?topic=422726.1500

About the wallet problems, i had to reinstall some stuff yesterday cuz wallet was giving strange errors. After fixing it i got it all new, made the mintcoin.conf file with copy paste from OP and for the first 30 min it did not sync at all, after that i went to sleep and in the morning it was all syncd and ready. So it works.

Love MINT !

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