[ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]

[bestsponsor]

PUMP?
https://cryptorush.in/index.php?p=trading&m=MINT&b=BTC

[coolbeans94]

Hmm.. it's been 20 days + 3hrs since my first 20k mint landed in my wallet but still no stake. Why? How long can it take before the first coins generate some stake?

Patience. It can take up to 40 days, but its very likely that you will get your first stakes soon.

Yep, 20 days is just the very earliest possible. You have to remember that you are competeing against every other minter out there - it is just like mining. Just like in mining you are competing for blocks, the same holds true with minting.

This whole POS method needs to be explained better. Some people say you don't need the wallet open and unlocked to always to be minting. But if it's not open/unlocked how can the minting occur especially when as you say, you're competing against every other minter for the blocks??

you do need to open the wallet for the "minting"

You don't need it to open for the coins to accumulate coin age. You do need it open/unlocked for minting. I would say just unlock your wallet for minting every 25-35 days and depending on how many coins you have, it should happen fairly quickly (within an hour or so).

[matoy]

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Port: 3445
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Password: Worker Password
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[mgburks77]

Hmm.. it's been 20 days + 3hrs since my first 20k mint landed in my wallet but still no stake. Why? How long can it take before the first coins generate some stake?

Patience. It can take up to 40 days, but its very likely that you will get your first stakes soon.

Yep, 20 days is just the very earliest possible. You have to remember that you are competeing against every other minter out there - it is just like mining. Just like in mining you are competing for blocks, the same holds true with minting.

This whole POS method needs to be explained better. Some people say you don't need the wallet open and unlocked to always to be minting. But if it's not open/unlocked how can the minting occur especially when as you say, you're competing against every other minter for the blocks??

There is something called coin age. When your coins are placed in your wallet the countdown to 20 days coin age begins. This countdown occurs whether or not the wallet is locked. If you have it locked for a while the coin age is recorded and when you unlock it's updated.

That's my understanding of the basics.

[coolbeans94]

Yeah, I would say that if you are considering to buy more, do it now before people really realize that by buying more coins, they can make more coins, and those coins will be worth more because the price is now higher because they bought more. You directly influence the profitability of your minting by having more coins and the more coins you have the more they increase in value.

[bizzargin]

 Don't think of your MINT coins as just coins, think of them as little miners, pool your coins together and they work together to find blocks and you get the PoS reward.  

Thats a great point - little miners - minting away!!!!!

[/quote]

[profitus]

PUMP?
https://cryptorush.in/index.php?p=trading&m=MINT&b=BTC

Take a look at the market history for the range of 152 - 197 satoshi. Not much of a pump when the amount of MINT bought is 1 each time lol. Cryptorush allows you to execute orders without regard to sequence, meaning you can skip orders entirely. They also threaten traders with the ban-hammer for attempting to manipulate the market like that.

[coolbeans94]

Current Block   60596

So the halving has occured.  I don't see the expected price increase yet...

Priced in already since we all knew about it...

Yep, price could remain around here for a bit. Just get your coins to work minting for you.

EDIT: If MINT becomes less profitable to mine directly, then it may push more people to buy it directly, which will also help support the price and make make it rise.

[CoMM0n]

https://i.imgur.com/wanHCae.jpg
http://bluecoinstock.com/

[futile-resistance]

Welp, I can get more coins from minting than mining now. My computer deeply appreciates break.

[hadi]

Welp, I can get more coins from minting than mining now. My computer deeply appreciates break.

how u minting sir?

[co42]

I'm minting!

http://img25.imagevenue.com/loc84/th_533453362_rolling_122_84lo.jpg

[lemfuture]

I'm minting!

Cool 

there goes the super inflation

[Degolep]

Is anyone still trying to solo mine?

[broken_pixel]

Is anyone still trying to solo mine?

If you have a GPU or CPU farm.

[Wh1teKn1ght]

Hmm.. it's been 20 days + 3hrs since my first 20k mint landed in my wallet but still no stake. Why? How long can it take before the first coins generate some stake?

Patience. It can take up to 40 days, but its very likely that you will get your first stakes soon.

Yep, 20 days is just the very earliest possible. You have to remember that you are competeing against every other minter out there - it is just like mining. Just like in mining you are competing for blocks, the same holds true with minting.

This whole POS method needs to be explained better. Some people say you don't need the wallet open and unlocked to always to be minting. But if it's not open/unlocked how can the minting occur especially when as you say, you're competing against every other minter for the blocks??

you do need to open the wallet for the "minting"

You don't need it to open for the coins to accumulate coin age. You do need it open/unlocked for minting. I would say just unlock your wallet for minting every 25-35 days and depending on how many coins you have, it should happen fairly quickly (within an hour or so).

but if the wallet needs to be unlocked for minting (i.e. to get more coins) then if I only unlock it every 25-35 days aren't I missing out on alot of minting while it's locked??

[CharityMiningPools]

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mint.charityminingpools.com

PROMOTIONS!

1. Block Finder Bonus = 1000 MINT

Be a pioneer and help us get started, come mine while making a difference.  

Mandatory 0.5% donation fee goes to the BitGive Foundation this month.  We welcome and encourage you to donate more to a good cause.

STRATUM, VARDIFF, Datacenter Redundant Server Farm, Load Balanced Servers, Frequent Backups
0.5% Mandatory Donation fee to a Good Cause

Who Are We?
CharityMiningPools was created to allow miners the ability to mine coins while still knowing that their hashing power is going towards something good.  Our goal is to provide a positive and reliable service while delivering a small portion of the proceeds to a deserving recipient.  Plans are in the works to allow individual miners to choose where they would like to donate to based on a pool of available recipients.

How Does This Work?
All coins minded at CharityMiningPools will require a mandatory 0.5% Donation fee.  This donation fee will be collected and donated to the designated charitable recipient for that given month.  Though we only require a minimum 0.5% Donation fee, we welcome and encourage our miners to raise the stakes and donate more to a good cause.

Cheers!
CharityMiningPools

[CryptoFalcon]

I'm minting!

http://img25.imagevenue.com/loc84/th_533453362_rolling_122_84lo.jpg

Cool 

That is awesome! I can't wait for mine in a couple days. Too bad your stake is a lot bigger than my entire balance! 

[gsupp]

Our main website is update with Mintcoin logo, now you can trust a lot more when i say we Accept Mintcoin! good day!
http://residencialcastor.com.br/

Awesome! That helps a lot.

[Wh1teKn1ght]

Hmm.. it's been 20 days + 3hrs since my first 20k mint landed in my wallet but still no stake. Why? How long can it take before the first coins generate some stake?

Patience. It can take up to 40 days, but its very likely that you will get your first stakes soon.

Yep, 20 days is just the very earliest possible. You have to remember that you are competeing against every other minter out there - it is just like mining. Just like in mining you are competing for blocks, the same holds true with minting.

This whole POS method needs to be explained better. Some people say you don't need the wallet open and unlocked to always to be minting. But if it's not open/unlocked how can the minting occur especially when as you say, you're competing against every other minter for the blocks??

you do need to open the wallet for the "minting"

You don't need it to open for the coins to accumulate coin age. You do need it open/unlocked for minting. I would say just unlock your wallet for minting every 25-35 days and depending on how many coins you have, it should happen fairly quickly (within an hour or so).

but if the wallet needs to be unlocked for minting (i.e. to get more coins) then if I only unlock it every 25-35 days aren't I missing out on alot of minting while it's locked??

OK, here's a good explanation of how minting works in general. This is the method used for PPC, but I'm sure the same method applies for MINT

http://www.reddit.com/r/peercoin/comments/1twavl/proof_of_stake_explained_sort_of/

Might want to take out the relevant bits and put in the OP...

If this is useful, feel free to send some MINT my way
MINT address: MpCH9kNNKMFTFJCPdrGrgXG9236ZJV4R1A