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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1310662 times)
Invisible Hands
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February 27, 2014, 07:57:49 PM
 #5701

Current Block   60596

So the halving has occured.  I don't see the expected price increase yet...
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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hadi
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February 27, 2014, 08:00:15 PM
 #5702

Breaking my lurking trend just to toss some props at this coin. The POS seems to keep rolling and rolling in this morning.

Halve today around 2pm eastern (ish)

can affect in prices tommorow? if yes less or upper?
coolbeans94
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February 27, 2014, 08:01:18 PM
 #5703

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.

do we need to setgenerate true or anything special or just have the coins grow old enough?

Pretty sure just let the coins sit still and grow old. The more coins you have the better because your coins "are the miners" if that makes sense. So the more coins you have means the better they will mint for you. Just like if you buy a lot of mining gear you get more coins, same concept (more coins mints you more coins). instead of trying to get higher hashrate with PoW you you should try to get more coin age in PoS so the more coin age you get the better. You will mint blocks faster the more coins you have, so I recommend buying some extra cheap coins and transferring them to your wallet as it will pay off. 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.  Cheesy

(1.) Moral happiness depends upon moral order.
(2.) Moral order depends upon the harmonious action of all our powers, as
individuals and as members of society.
Wh1teKn1ght
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February 27, 2014, 08:02:22 PM
 #5704

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??
hadi
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February 27, 2014, 08:04:43 PM
 #5705

Current Block   60596

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


where are pumpers ? Grin Grin
atcsecure
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February 27, 2014, 08:05:04 PM
 #5706



 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.  Cheesy

[/quote]



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

Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
atcsecure
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February 27, 2014, 08:06:53 PM
 #5707

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"

Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
brokedummy
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February 27, 2014, 08:07:29 PM
 #5708

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...

KNC - KingNcoin - rare, fair, pos only https://yobit.net/en/trade/KNC/BTC
ManOnTheMoon
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February 27, 2014, 08:08:04 PM
 #5709

Dev, if you need help I can setup a great tutorial on the website regarding how  to activate PoS with your wallet.


ETH: 0xff90080d7db05ced501f273548841a2c39cf6463
mgburks77
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February 27, 2014, 08:10:19 PM
 #5710

mintcoin.cc   down for ever?  Shocked

Yeah sorry there was some downtime, I was setting up a standalone cloudflare account and there was some lag whilst changing the DNS to the new account.

A community member recently purchased mintcoin.com and it is now pointing to mintcoin.cc

I wonder if the .cc stands for Cryptocurrency? Cheesy

No, it's some island of the coast of Australia that has 600 people living on it. lol
bestsponsor
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February 27, 2014, 08:12:12 PM
 #5711

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

coolbeans94
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February 27, 2014, 08:12:52 PM
 #5712

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).

(1.) Moral happiness depends upon moral order.
(2.) Moral order depends upon the harmonious action of all our powers, as
individuals and as members of society.
matoy
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February 27, 2014, 08:12:58 PM
 #5713

-> Come on to http://mnt.coins4everyone.com!

To get plenty of fresh MintCoins, just point your miners to:
Stratum: stratum+tcp://mnt.coins4everyone.com
Port: 3445
Algorithm: scrypt
Username: Weblogin.Worker
Password: Worker Password
and then relax... We take care of the rest!

Benefits of Mining @ coins4everyone.com:
* based in Europe
* incredible uptime
* dedicated servers w/redundancy, DDoS protection
* only 1% fee
* pplns
* nice & caring support
* trustworthy & skilled admins

Come on, we need more hash power, point your miners to http://mnt.coins4everyone.com and let’s spread hashrate! ;-)

Hash with us and mine fresh coins @ http://www.coins4everyone.com
mgburks77
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February 27, 2014, 08:15:21 PM
 #5714

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
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February 27, 2014, 08:16:06 PM
 #5715

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.

(1.) Moral happiness depends upon moral order.
(2.) Moral order depends upon the harmonious action of all our powers, as
individuals and as members of society.
bizzargin
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February 27, 2014, 08:18:50 PM
 #5716



 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.  Cheesy




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

[/quote]


profitus
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February 27, 2014, 08:20:26 PM
 #5717


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.

Member of the Coffeecoin Foundation
CFC Development Donation Fund - CFXhJekr9DXBqaVPRzmXBRQeGUevXg3umf
coolbeans94
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February 27, 2014, 08:30:39 PM
 #5718

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.

(1.) Moral happiness depends upon moral order.
(2.) Moral order depends upon the harmonious action of all our powers, as
individuals and as members of society.
CoMM0n
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February 27, 2014, 08:33:45 PM
 #5719

futile-resistance
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February 27, 2014, 08:36:27 PM
 #5720

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


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