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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1332862 times)
PCJargon
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March 18, 2014, 03:37:09 AM
 #9281

I don't like mining too. Just minting!
I agree. Minting is fantastic!
I can imagine all the fools hit by summer heat waves, being all sad and teary eyed that they can't do their silly PoW'ing (not without massive electric bills from AC and/or exploding GPUs). While all the smart Minters are still making coins without heating their homes to unbearable levels. Grin

I'm a pow miner too , both gpu and sha asics.
Trust me I don't have those kind of problems. Electricity bills are nothing compared to the mined coins and I've never had in one year not a broken gpu  , let alone exploding one.

And keeping a damn wallet open 20 days is just as annoying.


You only need to re-open it after it's been 20 days, it just needs to be opened for the PoS block to be created.

Check out this site for legit free BTC. It's like an hourly free lottery ticket that always pays out at least 300 satoshi, and could net you over .3 BTC if you're really lucky. Just gotta fill out a captcha each time. (basically a faucet with chance of real reward)
http://freebitco.in/?r=242778
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dogechode
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March 18, 2014, 03:43:31 AM
 #9282

That helps thanks. So basically the wallet needs to be running/mining to generate the interest is that what you're saying. If it's still searching for blocks, wouldn't that mean that faster CPUs will be at an advantage here? How much processing power does it use to 'mint'?

I don't know the fine details of how the POS mining works behind the scenes but it uses daaaamnnnn little CPU power (you can open task manager and see) so I suspect faster CPUs aren't gaining much if any advantage. And again remember that there is a prioritization in effect so MAYBE if someone had a much faster CPU and your coins were the exact same age, they might go first... but I can't imagine it would make a huge difference, and coin age should quickly trump this if it is set up correctly.
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March 18, 2014, 03:49:17 AM
 #9283

That helps thanks. So basically the wallet needs to be running/mining to generate the interest is that what you're saying. If it's still searching for blocks, wouldn't that mean that faster CPUs will be at an advantage here? How much processing power does it use to 'mint'?

I don't know the fine details of how the POS mining works behind the scenes but it uses daaaamnnnn little CPU power (you can open task manager and see) so I suspect faster CPUs aren't gaining much if any advantage. And again remember that there is a prioritization in effect so MAYBE if someone had a much faster CPU and your coins were the exact same age, they might go first... but I can't imagine it would make a huge difference, and coin age should quickly trump this if it is set up correctly.

Thanks for your help.. I've locked up my mint Smiley

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ahbartsch
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March 18, 2014, 04:21:41 AM
 #9284

Can someone please make a tutorial and FAQ on everything about minting these coins.. The reason i haven't started doing it yet is because i do not know enough about it to be confident to take my coins off the exchange... I'm trying work it all out now and I'm sure there are others that have the same problem.

Some questions I have:

What exactly does unlocking the wallet do and what is the difference between say unlocking it after 10 days, 22 days or 35 days.. Will the interest earned still be proportional to 20% ?

What happens if I leave the wallet unlocked all the time?

The devs/community need to make it as easy as possible for everyone to know exactly what they are doing.

Working on it.

http://www.mintcointalk.com/index.php?topic=384.msg1769#msg1769
hammerbrain
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March 18, 2014, 04:30:30 AM
 #9285

Can someone please make a tutorial and FAQ on everything about minting these coins.. The reason i haven't started doing it yet is because i do not know enough about it to be confident to take my coins off the exchange... I'm trying work it all out now and I'm sure there are others that have the same problem.

Some questions I have:

What exactly does unlocking the wallet do and what is the difference between say unlocking it after 10 days, 22 days or 35 days.. Will the interest earned still be proportional to 20% ?

What happens if I leave the wallet unlocked all the time?

The devs/community need to make it as easy as possible for everyone to know exactly what they are doing.

Exactly why this coin is in the doldrums....where is the dev/dev team?....great coin lacking any direction from the start.
mgburks77
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March 18, 2014, 04:33:23 AM
 #9286

hey guys the new wallet rocks!!
noob question can i just delete the 1.5 wallet or should i first send my mintis somewhere to save them?
thanks

Just download the file and read the read me.

Basically all you have to do is copy the mintcoin.conf to the existing mintcoin %APPDATA% folder, (theread me tells the folder location). Then just delete 1.5 and use the .exe from 1.6.

Takes two minutes.

ok but what is the %APPDATA% folder? and you mean that i have to copy the mintcoin.conf from 1.5 to the 1.6 folder?
If you 're on Windows:
0. Backup your wallet Smiley
1. Open an Explorer window
2. Press ctrl+l (this will higlight the adress bar content)
3. Delete whatever could be in the address bar then enter %appdata%/mintcoin (case does not matter) then press enter
4. Replace the exe. If you want to be sure, replace everything (you should keep mintcoin.conf but my wallet works well without a mintcoin.conf file)

ok everybody, thank you all, i guess it worked!
and to celebrate that i just bought some more mintcoins!!
Nice, I was worried because several people related slightly different methods.
DougB62
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March 18, 2014, 04:41:46 AM
 #9287

Exactly why this coin is in the doldrums....where is the dev/dev team?....great coin lacking any direction from the start.
Kindly take your FUD, and pizz off!

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March 18, 2014, 04:50:23 AM
 #9288

Holy crap, just saw 9700 MINTS mined in my wallet an hour ago! Been minting steady at around 60-100 each for a few days.
stormia
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March 18, 2014, 05:10:17 AM
 #9289


Exactly why this coin is in the doldrums....where is the dev/dev team?....great coin lacking any direction from the start.

Is that a joke? Within the same day that you said this the devs got the coin on two more merchants and released a new wallet... did you even read the forum before you decided to troll?
niothor
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March 18, 2014, 05:19:17 AM
 #9290


Exactly why this coin is in the doldrums....where is the dev/dev team?....great coin lacking any direction from the start.

Is that a joke? Within the same day that you said this the devs got the coin on two more merchants and released a new wallet... did you even read the forum before you decided to troll?

When somebody is trying to spread fud out of nowhere , they don't check the forum for that kind of stuff.
bwcainmay
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March 18, 2014, 05:23:11 AM
 #9291


Exactly why this coin is in the doldrums....where is the dev/dev team?....great coin lacking any direction from the start.

Is that a joke? Within the same day that you said this the devs got the coin on two more merchants and released a new wallet... did you even read the forum before you decided to troll?

When somebody is trying to spread fud out of nowhere , they don't check the forum for that kind of stuff.

Hey give him the benefit of the doubt...he's probably illiterate.  Tongue
sidhujag
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March 18, 2014, 06:06:27 AM
 #9292



Price is still up over 200% from a month ago.



The rollercoaster is to be expected and is normal, especially with how new MINT is.
Judging by the sentiment where do you think we are right now? Probably starting to be a good time to think about buying back in again.
Denial phase or higher.
The dumps are getting smaller and smaller...

Yea but way off capitulation yet.. few magnitudes off for sure
Your attitude is an attempt to seed fear/doubt and cause additional dumping. Or you're being seriously foolish  Undecided There's really no reason to believe the price will drop further unless whales decide to continue their assault.

Experience my child experience...

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alekzander
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March 18, 2014, 06:29:14 AM
 #9293

I sold most of mine at 60 satoshi... kinda sad now, like the new design! and the community seems to be getting stronger. Gonna put in a buy now while the price is still low.
what do u call the opposite of a troll??
niothor
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March 18, 2014, 06:51:48 AM
 #9294


Exactly why this coin is in the doldrums....where is the dev/dev team?....great coin lacking any direction from the start.

Is that a joke? Within the same day that you said this the devs got the coin on two more merchants and released a new wallet... did you even read the forum before you decided to troll?

When somebody is trying to spread fud out of nowhere , they don't check the forum for that kind of stuff.

Hey give him the benefit of the doubt...he's probably illiterate.  Tongue

Nope , those are dangerous times , and i expect all the coins to feel the pressure. Fud is really dangerous right now.
niothor
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March 18, 2014, 06:52:23 AM
 #9295

I sold most of mine at 60 satoshi... kinda sad now, like the new design! and the community seems to be getting stronger. Gonna put in a buy now while the price is still low.
what do u call the opposite of a troll??

Daydreamer ? Or Santa Claus?  =)))
Really I've never thought about it. the best idea will make it to my description when i find out.
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March 18, 2014, 06:54:10 AM
 #9296

damn im sad,  withheld from selling my 85mil mints at 60 satoshi ... now price is just going lower n lower 8(
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March 18, 2014, 08:34:57 AM
 #9297

damn im sad,  withheld from selling my 85mil mints at 60 satoshi ... now price is just going lower n lower 8(
hold in there, we will be at 30 sat at no time

MintCoin - MNT - PoW/PoS Hybrid energy Saving! - GO MINT Coins!!!
MNT - MYugcMRrY7uySY9i3LX4kUz1aGJy7FwCuC
niothor
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March 18, 2014, 09:18:58 AM
 #9298

damn im sad,  withheld from selling my 85mil mints at 60 satoshi ... now price is just going lower n lower 8(
hold in there, we will be at 30 sat at no time

Just like he said. There is only one way right now. Up!
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March 18, 2014, 09:36:09 AM
 #9299

@niothor, I suppose that you are a lot more experienced than me, but frankly I can not see how this will happen any time soon.

I am looking the market depth for some days now and I see a gigantic red-selling shark ready to eat the small green-buying fish.

In general I play long on coins, I also play long on MINT. I just can not see it happening anytime soon, if ever ...

My heart belongs to RieCoin (RIC), my investments to BlackCoin (BC)
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March 18, 2014, 09:37:14 AM
 #9300

Just like he said. There is only one way right now. Up!

LOOOL, THE IRONY
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