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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1369739 times)
dreamlucky
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February 11, 2014, 05:06:57 AM
 #1321

http://www.allcrypt.com/beta/voting.php

Ahead of VERT coin!

Proof of Share makes this better then all the other scrypt coins out there. It literally pays to hold it, no mining necessary. Its is gonna make this coin valuable. Only 6 satoshis @ https://www.mintpal.com/market/MINT/BTC
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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DaytonC
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February 11, 2014, 05:16:47 AM
 #1322

I'd like to explain things, so that it's a bit more helpful.  Our server had major issues the last 24 hours, and MYSQL was at 90% load.   From roughly 2am last night, until roughly afternoon today the server had serious load issues, and pplns was running completely wrong.   When trying to correct this, and running the find block crons(which is part of the cron suite), the system re-processed over 70 blocks for every user.  That means, everyone was paid double the amount for 70 blocks.  This is why the balances where artificially wrong.  To make matters worse, the wallet block index file itself appeared to show signs of being corrupt(which most likely was a big issue in the problems)

It was determined the best action would be a new instance.

Unfortunately stuff happens and it's not always perfect.


Just wondering why there's no payout from blocks 11353 up to block 12035 when the server went down ?  It's showing all those blocks confirmed but no payout to the miners.
blueangel01
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February 11, 2014, 05:29:39 AM
 #1323

18 days to go before my mintcoin get interests.


Msg me if you want me to put anything here.
ShibeonBarkmont
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February 11, 2014, 05:38:56 AM
 #1324

18 days to go before my mintcoin get interests.



LOL I am in the same boat. Counting down the days.
valley365
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February 11, 2014, 05:42:46 AM
 #1325

But remember guys, you can only mine this for 5 weeks!


why cant I mine longer?
Well you can but after 5 weeks it's 1 coin per block. At that time it's POS and not POW.
(Proof of stake instead of Proof of Work)
You get interest on the amount of coins you have in your wallet, you're "mining" by owning coins.
Proof of Work is when you are mining with your gpu/etc and solved algorithms to get rewarded with coins!

so after 5 weeks no one has to mine to keep the network alive?
I guess! Some will still mine and get 1 coin per block. Maybe they will receive a few k/day but the majority of coins will be rewarded through having coins!

This is how I get it atleast!

Pos blocks are continuing to be generated,so even no one mine PoW blocks, the network/coin still alive, the transactions and newly generated coins (from both pos and pow) will still mature after 50 confirmations (most with pos blocks than pow blocks).
blueangel01
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February 11, 2014, 05:46:04 AM
 #1326

18 days to go before my mintcoin get interests.



LOL I am in the same boat. Counting down the days.

I have never received any block rewards from POS that i have, PPC and NXT.

Msg me if you want me to put anything here.
ellave
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February 11, 2014, 05:48:52 AM
 #1327

Does our wallet need to be online continuously to earn the interest?
ShibeonBarkmont
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February 11, 2014, 05:49:22 AM
 #1328

18 days to go before my mintcoin get interests.



LOL I am in the same boat. Counting down the days.

I have never received any block rewards from POS that i have, PPC and NXT.

This is my first POS crypto. I like the idea, lets see how it works out.
Prolifik
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February 11, 2014, 05:50:36 AM
 #1329

TY people selling @ 6 satoshi

You're going to make me a very rich Mintcoin holder.

blueangel01
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February 11, 2014, 05:52:03 AM
 #1330

Does our wallet need to be online continuously to earn the interest?

According to the 1st page, NO you don't have to open it all the time.

Msg me if you want me to put anything here.
kknk808
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February 11, 2014, 06:01:20 AM
 #1331

18 days to go before my mintcoin get interests.



LOL I am in the same boat. Counting down the days.

I have never received any block rewards from POS that i have, PPC and NXT.

NXT requires you to have a some NXT to forge (around50-100k at least to forge more consistently) along with the client running to forge blocks. PPC requires you to have your coins in the wallet for 30 days prior to starting to POS.

if you want to see how POS sort of works you can look at GRAIN. It uses same style as PPC.
luckyguy2807
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February 11, 2014, 06:01:59 AM
 #1332

How this interest works? Is based on what?
dreamlucky
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February 11, 2014, 06:17:13 AM
 #1333

http://s16.postimg.org/62uc8526t/mint.jpg

Check out this potential minting profit!
bjmillican4
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February 11, 2014, 06:19:03 AM
 #1334

So I lost a bunch of coins today and yesterday with hashrapid, and now I'm still getting charged the 2% fee, even though it is supposedly waived.  Hashstrike has been pretty good, but tonight after 30 minutes or so I get a message in cgminer that I'm "temporarily banned" from the site and cpuminer loses the connection.  If I stop the miners and restart, they will work again for a while.

These 2 sites seem to have the largest amounts of miners, but I'm wondering if anyone else can recommend a good pool.

Thanks
tylerbrad85
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February 11, 2014, 06:21:54 AM
 #1335

So I lost a bunch of coins today and yesterday with hashrapid, and now I'm still getting charged the 2% fee, even though it is supposedly waived.  Hashstrike has been pretty good, but tonight after 30 minutes or so I get a message in cgminer that I'm "temporarily banned" from the site and cpuminer loses the connection.  If I stop the miners and restart, they will work again for a while.

These 2 sites seem to have the largest amounts of miners, but I'm wondering if anyone else can recommend a good pool.

Thanks

coins4everyone is also a good pool that I used when both hashstrike was down yesterday while pool was getting fixed.

http://mnt.coins4everyone.com/
bjmillican4
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February 11, 2014, 06:40:39 AM
 #1336

Thanks.  I will give it a go.  Something is goofy.  I was just ran two miners simultaneously for 30 minutes on each site.  Nothing scientific, as I wasn't intentionally comparing the two, but the results were noticeable:

200Kh/s at Hashstrike = appx. 2000 coins

430Kh/s at Hashrapid = appx. 1700 coins

cgminer was constantly resetting the network difficulty on both and both had quite a few rejections.  I'm new at this, but could it be anything other than the pools (or me)?
luckyguy2807
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February 11, 2014, 07:10:51 AM
 #1337

Tweet this message : @CoinMarketio Do you consider adding #mintcoin ? @MintcoinTeam
It has +30 btc volume on http://mintpal.com
DaytonC
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February 11, 2014, 07:17:19 AM
 #1338

Thanks.  I will give it a go.  Something is goofy.  I was just ran two miners simultaneously for 30 minutes on each site.  Nothing scientific, as I wasn't intentionally comparing the two, but the results were noticeable:

200Kh/s at Hashstrike = appx. 2000 coins

430Kh/s at Hashrapid = appx. 1700 coins

cgminer was constantly resetting the network difficulty on both and both had quite a few rejections.  I'm new at this, but could it be anything other than the pools (or me)?

The amount of coins generated per block is between 100000 - 900000 coins.
luckyguy2807
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February 11, 2014, 07:33:36 AM
 #1339

mintpal down?
klaczak
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February 11, 2014, 07:56:22 AM
 #1340



Check out this potential minting profit!

+1
     
     I must buy more mints   Grin

    Dev put this on first site, People like to see what they can gain Tongue

mint : MnphWMrtSMNcPjbhmhiNqKgJmEuxXZGsJC
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