Planethill
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Activity: 120
Merit: 10
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March 21, 2014, 05:54:59 PM |
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Hey All, I am confused about Minting. I only have a measly 11,500 coins, and expected after 20 days to start seeing some POS. I am on the latest 1.6 wallet, unlocked, synced, haven't spent a single coin, it's been nearly 30 days now and....nothing. Then I see someone on Reddit state that the more coins you have the faster you mint? Why is that? I thought it was all based on time and coin-age, not hashpower, etc. Obviously I don't understand Minting. I've read the FAQ's, but its still foggy to me. Care to "splain" what I am missing?  |
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acceptance2
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March 21, 2014, 06:01:03 PM |
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I was just poking around and came across this link. http://www.freelancer.ca/projects/Mobile-Phone-Android/DevCoin-Android-Wallet.htmlI don't know much about programming but this seems to be for an Android Wallet. Seems to show 5 bids. The average bid was $268 USD. What am I missing here? Am I mistaken in that about $300 is what is keeping us from having an Android Wallet for Mintcoin? If the developer is reluctant to fork over $300 (that they have raised through selling Mintcoin), they are either terrible managers or they don't believe the coin will have a long shelf life. Which is it? CLUE: develop the platform BEFORE signing up vendors. |
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rmoraos
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March 21, 2014, 06:11:02 PM |
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Hey All, I am confused about Minting. I only have a measly 11,500 coins, and expected after 20 days to start seeing some POS. I am on the latest 1.6 wallet, unlocked, synced, haven't spent a single coin, it's been nearly 30 days now and....nothing. Then I see someone on Reddit state that the more coins you have the faster you mint? Why is that? I thought it was all based on time and coin-age, not hashpower, etc. Obviously I don't understand Minting. I've read the FAQ's, but its still foggy to me. Care to "splain" what I am missing? I think that functions so: The mint power depends of the days that the coin deposited accumulated, and the amount. You are in a tail with others that want mint the same block, the one that have more mint power, produce the block. Only accumulate more coins or more days, and the stake will come to you (and leave the wallet open to gain a chance with each block). Best Regards. |
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thisisit
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March 21, 2014, 06:17:19 PM |
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I was just poking around and came across this link. http://www.freelancer.ca/projects/Mobile-Phone-Android/DevCoin-Android-Wallet.htmlI don't know much about programming but this seems to be for an Android Wallet. Seems to show 5 bids. The average bid was $268 USD. What am I missing here? Am I mistaken in that about $300 is what is keeping us from having an Android Wallet for Mintcoin? If the developer is reluctant to fork over $300 (that they have raised through selling Mintcoin), they are either terrible managers or they don't believe the coin will have a long shelf life. Which is it? CLUE: develop the platform BEFORE signing up vendors. it is not a matter of just 300usd. there is more to it then just converting an existing android wallet,.... pos is quite different from powonly coins. pos has to be integrated. i can do a pow wallet in under 3 hours. this one would take at least 3 weeks to complete since there is no available source to copy clone. i don't have 3 weeks of time available. so no, i can not do it. at this time. |
any coin that makes me a profit.
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acceptance2
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March 21, 2014, 06:24:36 PM |
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I was just poking around and came across this link. http://www.freelancer.ca/projects/Mobile-Phone-Android/DevCoin-Android-Wallet.htmlI don't know much about programming but this seems to be for an Android Wallet. Seems to show 5 bids. The average bid was $268 USD. What am I missing here? Am I mistaken in that about $300 is what is keeping us from having an Android Wallet for Mintcoin? If the developer is reluctant to fork over $300 (that they have raised through selling Mintcoin), they are either terrible managers or they don't believe the coin will have a long shelf life. Which is it? CLUE: develop the platform BEFORE signing up vendors. its not a matter of just 300usd. there is more to it then just converting an existing android wallet,.... pos is quite different from powonly coins. pos has to be integrated. i can do a pow wallet in under 3 hours. this one would take at least 3 weeks to complete. What exactly is a correct figure ($) for this type of job? Has this job been posted to a forum like Freelancer? That would have seemed the logical action to have taken - weeks ago. This is unquestionably a developer responsibility, not one the community should be undertaking. David, you seem to be representing the developers as best I can tell. What exactly is the story? |
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dille71
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March 21, 2014, 07:05:43 PM |
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9 btc volume at mintpal.
We really need the multipool....
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garicson
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Activity: 82
Merit: 10
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March 21, 2014, 07:37:03 PM |
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9 btc volume at mintpal.
We really need the multipool....
you are right |
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moderndezigns
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Activity: 56
Merit: 0
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March 21, 2014, 08:02:56 PM |
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I agree the multipool needs to get going. The devs should put some coins toward this if nothing else through an anonymous account. That should be fairly easy I would think
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garicson
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Activity: 82
Merit: 10
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March 21, 2014, 08:18:46 PM |
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I agree the multipool needs to get going. The devs should put some coins toward this if nothing else through an anonymous account. That should be fairly easy I would think
Why devs should to pay? Maybe community will pay? |
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moderndezigns
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Activity: 56
Merit: 0
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March 21, 2014, 08:57:39 PM |
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Yes the community is paying and has already paid for one multipool that for some unknown reason had to be down for two weeks when it only took a day to start. it would just be nice if the devs pitched in some even if it was anonymous it would be good for everyone.
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mgburks77
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March 21, 2014, 09:09:32 PM |
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The devs won't be pitching in on the multpool. No need to keep bringing it up.
The best thing we could is get a mobile app going, but it looks like that is going to a formidable task. I can't really say for sure where that leaves us.
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mgburks77
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March 21, 2014, 09:10:26 PM |
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Someone dumping incoming 10 sat playing right into that guys hand |
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guidosuller
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Activity: 156
Merit: 100
Guido
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March 21, 2014, 09:16:41 PM |
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Bounty for a new mintcoin multipool http://www.reddit.com/r/MintCoin/comments/20vtiy/bounty_for_a_new_multipool/I have been in contact with one of the established multipools and they are willing to get a mintcoin multipool up if we show enough interest!! Here is what they replied: "Its an interesting idea. I saw some doing it with blackcoin recently. I'd be willing to give it a shot, if you believe you can gather interest in your community and perhaps a bounty could be had. I've got a lot on my plate atm, but am willing to dedicate some time if it makes sense" Can we raise some funds for a bounty here? Send some coins to this address MqafpHSxDnDMcHg3c4BFf2xpBmCDe64H2Q I don't have that much mints myself but i donate 100000 http://mint.blockx.info/get/address/MqafpHSxDnDMcHg3c4BFf2xpBmCDe64H2QThe thing to keep in mind is that we have paid a bounty for a multi-pool which is now offline for 2 weeks. The pool operator has shut it down to make improvements. The pool had difficulty working with the most popular mining software. I'm not against setting up another multi-pool or even paying another bounty, but I think the community would like to see which pool it is we would be working with. The pool is HashCow https://hashco.ws/5 transactions, little support |
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deadmanwalking
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March 21, 2014, 09:50:42 PM |
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There is plenty of support, just read the last few pages. The community just doesn't want to pay the bill because we have already paid for one. We don't think it's unreasonable for a development team holding 700 million coins to pay for a high functioning multipool.
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guidosuller
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Activity: 156
Merit: 100
Guido
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March 21, 2014, 09:56:01 PM |
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because it has been paid? For something that does not work? 2 Multipool would not be bad!!!Hashcow is big!!!
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deadmanwalking
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March 21, 2014, 09:58:32 PM |
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because it has been paid? For something that does not work? 2 Multipool would not be bad!!!Hashcow is big!!!
I agree, which is why the dev team should get in contact with the owner and get the ball rolling. |
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dille71
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March 21, 2014, 10:01:03 PM |
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There is plenty of support, just read the last few pages. The community just doesn't want to pay the bill because we have already paid for one. We don't think it's unreasonable for a development team holding 700 million coins to pay for a high functioning multipool.
And allso, people dont want to pay to a random guy like me and i understand that. I dont really know how to do this to make it feel safe... All i can say is i really want this multipool, my intentions are good and i dont try to scam anyone. But on the other hand, i cant give any guarantees that hashcows really set this up. But if that would be the case i want to pay back all donations. |
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deadmanwalking
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March 21, 2014, 10:03:40 PM |
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There is plenty of support, just read the last few pages. The community just doesn't want to pay the bill because we have already paid for one. We don't think it's unreasonable for a development team holding 700 million coins to pay for a high functioning multipool.
And allso, people dont want to pay to a random guy like me and i understand that. I dont really know how to do this to make it feel safe... All i can say is i really want this multipool, my intentions are good and i dont try to scam anyone. But on the other hand, i cant give any guarantees that hashcows really set this up. But if that would be the case i want to pay back all donations. What exactly does hashcow want? How much bounty? Are they already working on it? |
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dille71
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March 21, 2014, 10:14:44 PM |
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There is plenty of support, just read the last few pages. The community just doesn't want to pay the bill because we have already paid for one. We don't think it's unreasonable for a development team holding 700 million coins to pay for a high functioning multipool.
And allso, people dont want to pay to a random guy like me and i understand that. I dont really know how to do this to make it feel safe... All i can say is i really want this multipool, my intentions are good and i dont try to scam anyone. But on the other hand, i cant give any guarantees that hashcows really set this up. But if that would be the case i want to pay back all donations. What exactly does hashcow want? How much bounty? Are they already working on it? This is what he said and i replied i will try and raise a bounty. "Its an interesting idea. I saw some doing it with blackcoin recently. I'd be willing to give it a shot, if you believe you can gather interest in your community and perhaps a bounty could be had. I've got a lot on my plate atm, but am willing to dedicate some time if it makes sense" |
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