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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1309305 times)
Flyskyhigh
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June 25, 2015, 05:45:05 PM
 #17961

Question:
Did mintcoin POS just half? (or so)
I minted on
June 01 (approx 352,000 minted)
and just now on
June 21 (approx 196,000 minted)
and the later was 1/2 (or so) of the former.
What happened?
More than likely, the minting got split, and if you keep your wallet unlocked, another minting will happen shortly for the other half. Check to see if you still have coins mature. The network splits up your minting if you are minting quickly after your coins mature. The reason it does this is to help ensure there is a balance in difficulty over time, and gradually reduce the spikes of weight when larger than average amounts of coins become mature. After you wait 20 days, your coins mature and will attempt to start minting. If they mint within 10 days, they will be split up. If they don't mint within 10 days, then they won't be split up.

The posted amounts were with 2 mintings each time. I just added together for totals.
June 01 was 2x 176,000 mint
June 21 was 2x 98,000 mint
considerably less than 20 days ago

So I'm wondering what changed, was it planned, etc...... That's a pretty good size bite outta the POS

You say you had 2x in June 01, so the next minthing will be doubled again... so you will probably expect 4x transactions after June 21.

So far there was only the 2 mintings on June 21, so basically it dropped 40% or so roughly this month.

Here a screen cap of the mintings this month.

http://www.azillion.com/samples/mintcoin.jpg

I had to link to it because it would not insert, sorry.

So..... any ideas as to why the minting was 40% or so less on June 22 than on June 01?
 when I actually had more coins on June 22 because of previous minting.
Has anybody else had this happen to them? etc......





You should still have mature coins with an estimated time of minting pretty soon.  You should expect 2 more minting transactions to come through anytime. Just leave your wallet on for several hours or a few days. I don't think the reward has dropped yet. It is not estimated to happen until about Sept-Oct.
It doesn't always happen exactly the same time...sometimes it can take several days longer to find a block, especially since it is splitting it, there is less weight. Don't worry, you will eventually get your minting and will have more the longer it takes.

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
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June 25, 2015, 06:41:57 PM
 #17962

Here a screen cap of the mintings this month.

http://www.azillion.com/samples/mintcoin.jpg

I had to link to it because it would not insert, sorry.

So..... any ideas as to why the minting was 40% or so less on June 22 than on June 01?
 when I actually had more coins on June 22 because of previous minting.
Has anybody else had this happen to them? etc......

Do you keep your wallet online all the time? When did the coins mint before the minting on June 01?
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June 25, 2015, 08:03:03 PM
 #17963

Here a screen cap of the mintings this month.

http://www.azillion.com/samples/mintcoin.jpg

I had to link to it because it would not insert, sorry.

So..... any ideas as to why the minting was 40% or so less on June 22 than on June 01?
 when I actually had more coins on June 22 because of previous minting.
Has anybody else had this happen to them? etc......

Do you keep your wallet online all the time? When did the coins mint before the minting on June 01?

I put wallet online every few days to update and leave it up over night. But it's mostly not online. I can't leave wallets running 24/7 as I need the horsepower to edit 4K videos.

BITCOIN: 13UY67yfRjRVMR6hauZJbauHiDfeM2qXSg
MINTCOIN: MdVzxTfLDrzdij9vpee1YJGotBahfsfmqs
ASIACOIN: AH7dunb5G99XzCNj1KnGCdPkqc27pRPfBu
cryptomommy
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June 25, 2015, 08:09:31 PM
 #17964

Great discussion - retweeting  https://twitter.com/CryptoMommy/status/614166246104260608
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June 25, 2015, 08:52:13 PM
 #17965

My wallet minted on June 8, will keep an eye out for the next minting.
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June 25, 2015, 11:05:28 PM
 #17966

if I buy 100,000 mintcoin, how much gain with pos?

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Derek492
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June 25, 2015, 11:51:37 PM
 #17967



Has anyone else encountered this? I was testing new wallets over the weekend and I think it somehow messed with Mintcoin.
Nope. Never seen that before.

Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
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June 25, 2015, 11:55:57 PM
 #17968

if I buy 100,000 mintcoin, how much gain with pos?

A the the current rate, roughly 1,250 per month.

100,000 * .15 = 15,000

15,000 / 12 = 1,250





Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
chris190
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June 25, 2015, 11:57:00 PM
 #17969

if I buy 100,000 mintcoin, how much gain with pos?

A the the current rate, roughly 1,250 per month.

100,000 * .15 = 15,000

15,000 / 12 = 1,250




thanks

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June 26, 2015, 09:30:59 AM
 #17970

Mintcoin (MINT) price index and social feeds

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June 26, 2015, 09:39:50 AM
 #17971

Here a screen cap of the mintings this month.

http://www.azillion.com/samples/mintcoin.jpg

I had to link to it because it would not insert, sorry.

So..... any ideas as to why the minting was 40% or so less on June 22 than on June 01?
 when I actually had more coins on June 22 because of previous minting.
Has anybody else had this happen to them? etc......

Do you keep your wallet online all the time? When did the coins mint before the minting on June 01?

I put wallet online every few days to update and leave it up over night. But it's mostly not online. I can't leave wallets running 24/7 as I need the horsepower to edit 4K videos.

I guess you will get your full interest within a few days if you keep your wallet open whenever you can. Here is what i got from last few "mintings".

16/04/2015 - 8364.855616 MINT (1 block minted)
06/05/2015 - 7366.121506 MINT (2 blocks minted)
27/05/2015 - 7482.762327 MINT (4 blocks minted)
18/06/2015 - 8491.284653 MINT (8 blocks minted)

This is how it works, it fluctuates, may be depending on network stake weight, and it splits into 2 separate inputs when minting so next time you mint more blocks but similar amount. Almost every process with cryptocurrency is a Poisson process. This means the average of all network stake minting will be 15%, at some time it will be more than 15% and at some times it will be less than 15%, but in the end average mint will be 15%. Best way to understand this is  bitcoin block time. It is supposed to be a block every 10 minutes, but some times there are block within a minute of each other and at other times there will be no block for hours. In the end over a long time say a day/week/month, if you divide "Time (in minutes)/No. of Blocks" you will get something very close to 10 but not exactly 10. I hope this helps.

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June 26, 2015, 11:30:30 AM
 #17972

Price reaching new heights Wink
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June 26, 2015, 12:07:24 PM
 #17973

YIKES! How about those MINT?!?! Shocked

Founding member of Hashmeisters Inc...
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June 26, 2015, 03:33:53 PM
 #17974

MINT IS MOVING LIKE CRAZY!!!

LEAF IS NEXT!!!!

https://www.cryptsy.com/markets/view/LEAF_LTC

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June 26, 2015, 05:34:20 PM
 #17975

I love me some mintcoin. up to 41 sats and 180 BTC Volume.
It would appear that somebody knows something that's about to happen.

BITCOIN: 13UY67yfRjRVMR6hauZJbauHiDfeM2qXSg
MINTCOIN: MdVzxTfLDrzdij9vpee1YJGotBahfsfmqs
ASIACOIN: AH7dunb5G99XzCNj1KnGCdPkqc27pRPfBu
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June 26, 2015, 06:42:06 PM
 #17976

I love me some mintcoin. up to 41 sats and 180 BTC Volume.
It would appear that somebody knows something that's about to happen.

Anyone see the Diff jump on Sunday Wink

Date / Time - Blocks - Height - Interval - Transactions - Value Out - Difficulty - Generated+Fees
2015-06-21 Sun 3083 1630591 28.0 324 1,243,638,971.43 MINT 13.88± 99% 27,413,393.1193733

2015-02-14Sat 3049 1231672 28.3 463 4,100,438,915.531 MINT 28.77 ± 99% 54,238,909.8863373

This could be one part of what is happening, but just what I see  Wink

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June 26, 2015, 08:11:53 PM
 #17977

Keep on minting my friends.  Smiley

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
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June 26, 2015, 08:35:53 PM
 #17978

MINT now it hit 75 ... unbelievable.

ZEIT will be next  Smiley
what is better zeit or mint ?

Mintcoin=
Available/Total Supply   21.5 Billion / 70 Billion

Zeitcoin =
Available/Total Supply   31.7 Billion / 99 Billion


Zeitcoin 99 billion,mint 70 billion =price of mint can be higher than price of zeitcoin ?


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cryptomommy
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June 26, 2015, 09:39:05 PM
 #17979

I2S2SI
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June 27, 2015, 12:35:22 AM
 #17980

Total newcomer here, not to crypto, just mintcoin.

Cant just download wallet and stake. Doesent work for me.

Why?

Total bullshit In My Humble Opinion.

What The Fuck???

Great minds discuss ideas; average minds discuss events; small minds discuss people.
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