Flyskyhigh
Sr. Member
Offline
Activity: 291
Merit: 250
Ezekiel 34:11, John 10:25-30
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June 25, 2015, 05:45:05 PM |
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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.jpgI 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.
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Sick of mining? Start minting! 5% per year! Mintcoin "MINT"
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MarSas
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June 25, 2015, 06:41:57 PM |
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Here a screen cap of the mintings this month. http://www.azillion.com/samples/mintcoin.jpgI 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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litemaster
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June 25, 2015, 08:03:03 PM |
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Here a screen cap of the mintings this month. http://www.azillion.com/samples/mintcoin.jpgI 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.
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BITCOIN: 13UY67yfRjRVMR6hauZJbauHiDfeM2qXSg MINTCOIN: MdVzxTfLDrzdij9vpee1YJGotBahfsfmqs ASIACOIN: AH7dunb5G99XzCNj1KnGCdPkqc27pRPfBu
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cryptomommy
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June 25, 2015, 08:09:31 PM Last edit: June 25, 2015, 08:26:17 PM by cryptomommy |
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MarSas
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June 25, 2015, 08:52:13 PM |
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My wallet minted on June 8, will keep an eye out for the next minting.
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chris190
Legendary
Offline
Activity: 1059
Merit: 1000
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June 25, 2015, 11:05:28 PM |
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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 |
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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.
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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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Derek492
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June 25, 2015, 11:55:57 PM |
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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
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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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chris190
Legendary
Offline
Activity: 1059
Merit: 1000
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June 25, 2015, 11:57:00 PM |
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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 = 1,250thanks
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WCIR
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June 26, 2015, 09:30:59 AM |
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sambiohazard
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June 26, 2015, 09:39:50 AM |
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Here a screen cap of the mintings this month. http://www.azillion.com/samples/mintcoin.jpgI 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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MarSas
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June 26, 2015, 11:30:30 AM |
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Price reaching new heights
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SolidStateSurvivor
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June 26, 2015, 12:07:24 PM |
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YIKES! How about those MINT?!?!
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Founding member of Hashmeisters Inc...
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litemaster
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June 26, 2015, 05:34:20 PM |
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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.
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BITCOIN: 13UY67yfRjRVMR6hauZJbauHiDfeM2qXSg MINTCOIN: MdVzxTfLDrzdij9vpee1YJGotBahfsfmqs ASIACOIN: AH7dunb5G99XzCNj1KnGCdPkqc27pRPfBu
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Flyskyhigh
Sr. Member
Offline
Activity: 291
Merit: 250
Ezekiel 34:11, John 10:25-30
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June 26, 2015, 08:11:53 PM |
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Keep on minting my friends.
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Sick of mining? Start minting! 5% per year! Mintcoin "MINT"
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lxxtikk
Legendary
Offline
Activity: 1050
Merit: 1001
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June 26, 2015, 08:35:53 PM |
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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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I2S2SI
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June 27, 2015, 12:35:22 AM |
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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???
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Great minds discuss ideas; average minds discuss events; small minds discuss people.
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Derek492
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June 27, 2015, 01:28:31 AM |
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MINT now it hit 75 ... unbelievable.
what is better zeit or mint ?
MINT
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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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