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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1369739 times)
stormia
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April 13, 2014, 03:55:52 PM
 #13061

This faucet updated their wallet, and was added back via a request by some person/people here. It's currently dry, so thought I'd let everyone know.

Share the Mint! http://coinok.pw/faucet/mint/

Thanks for the heads up!
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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April 13, 2014, 04:21:51 PM
 #13062

Hey guys and gals,

Help out by asking these guys to accept MINT:

1) mcx.com =they could work it into their infrastructure to accept MINT to top up an account and use it for mobile payments
INFO@MCX.COM
SALES@MCX.COM



2) gimp.org (open source alternative to Photoshop)=These guys already accept Bitcoin for donations and their program is awesome. Help us by emailing them and asking them to incorporate a MINT button too.
I'm not entirely sure how to contact these guys:
http://www.gimp.org/mail_lists.html



3) admin@cavirtex.com
These guys are Canada's biggest and best fiat to BTC and LTC exchange. We need these guys on board to add legitimacy and mass adoption of MINT.

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April 13, 2014, 04:56:28 PM
 #13063

can anyone tell me roughly what the mint payout per mh/s at hashcows is?
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April 13, 2014, 05:03:50 PM
 #13064

can anyone tell me roughly what the mint payout per mh/s at hashcows is?

That's what id like to know as well. I'd also like to know how many mh/s is actually mining on the pool

Bitcoin is gonna hit 100K usd
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April 13, 2014, 05:21:03 PM
 #13065

I have 750 khash and i got 21k mint last 24 hours. That equals about 28k / mh (or 0.004 BTC/mh at current price)

Mintcoin: MsFGc9atNN6DddEsQHiq7MgDieoSLwtmg5
InformationCoin: Je4ZhmQBSd68oZ7CeXWMrWEsyprTXAVFuX
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April 13, 2014, 05:29:11 PM
 #13066

I've been thinking of how mintcoin could be marketed and I think pursuing the route of "energy efficient" is perhaps not as great potential as marketing it as a "store of cryptowealth with accessibility to merchants exchanges etc."

Basically there is a demographic within the Bitcoin community who use services such as "cloud mining" from cex.io- they sell shares which can easily be converted back to bitcoin. They don't purchase such cloud mining for its mining services, but rather as a sort of store for their bitcoin wealth for the following reasons:

  • They can sell their mining hashrate at any time; typically at the end of the week
  • They can make a small profit when they sell on their hashrate as its kind of like an exchange
  • They also as an added bonus keep whatever coins they mined.

There's a lot of people within the bitcoin community I believe who have a pot of bitcoins but dont want to just hide it under the rainbow and let it sit there idol when it could be making them money. I think mintcoin could be marketed to such individuals but I don't think the "energy efficient" approach will get them going.

If you think about it, mintcoin is a perfect store of wealth for the following reasons:

  • Price has a stable floor of 12 satoshi and minimal buy orders will increase its price.
  • The multipool provides continual buy order support
  • The interest rate of 20% being collected at 20 day intervals means that the risk is much lower as people could theoretically cash out and still have received some of their coinage.
  • There is existing infrastructure- merchants, very good developer etc.
  • It's been around for a long time and still going strong

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April 13, 2014, 05:51:35 PM
 #13067

can anyone tell me roughly what the mint payout per mh/s at hashcows is?

Hi, i have approx 10k/12K Mintcoins by day with my little 450 kh/s
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April 13, 2014, 06:16:49 PM
 #13068

can anyone tell me roughly what the mint payout per mh/s at hashcows is?

Hi, i have approx 10k/12K Mintcoins by day with my little 450 kh/s

https://hashco.ws/  has a 28 day average of .00523 btc per day/mh according to poolpicker.eu, making it the most profitable pool on average. That's pretty amazing considering Mint supporters can use it for direct Mint payouts.

As I predicted a few pages back, interest in mint is starting to rise again. Now is a great time to mine at hashcows or buy the coin and let it start gaining interest.

\
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April 13, 2014, 06:51:34 PM
 #13069

How many MINT coins is there in circulation?

Cryptography is one of the few things you can truly trust.
stormia
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April 13, 2014, 06:53:33 PM
 #13070

How many MINT coins is there in circulation?

18827787385.623633 as of block 245060 http://mint.blockx.info/get/chain/MintCoin
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April 13, 2014, 07:00:20 PM
 #13071

How many MINT coins is there in circulation?

18827787385.623633 as of block 245060 http://mint.blockx.info/get/chain/MintCoin

And there will be 70.000.000.000 in total, right?

Cryptography is one of the few things you can truly trust.
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April 13, 2014, 07:01:54 PM
 #13072

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

Cryptography is one of the few things you can truly trust.
-CryptoGuy-
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April 13, 2014, 07:02:48 PM
 #13073

Mintcoin Referral Links.... Ill click yours if you click mine? Smiley   Or the next person down can add theirs, the next person clicks that, adds theirs... so on.  Whatever.... just thought we could keep it friendly...

http://mintcoin.cyanrainbow.com/?id=2070

Good idea  Smiley  here's mine - http://mintcoin.cyanrainbow.com/?id=25

Unless someone didnt do mine, it doesn't appear that you get notification of a referral link being clicked.  So the next person to post their should probably clarify who's link they used just to make sure we dont skip someone down the line when we get a bunch of posts in between referral links.  Or maybe we should start a new thread somewhere?  IDK up to you guys.  Not like we're talking big money here! lol
stormia
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April 13, 2014, 07:05:39 PM
 #13074

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

Well, BC has 1% interest so there is much less sell pressure. Mint currently has 20% interest so there is more sell pressure. But as navarthelol pointed out above this higher interest leads to greater stability which is great for utility, and because of the 20% annual interest rate you would still make 20% annual ROI even if the price were to stay the same (and I am confident that the price will only go up in due time).
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April 13, 2014, 07:12:51 PM
 #13075

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

Well, BC has 1% interest so there is much less sell pressure. Mint currently has 20% interest so there is more sell pressure. But as navarthelol pointed out above this higher interest leads to greater stability which is great for utility, and because of the 20% annual interest rate you would still make 20% annual ROI even if the price were to stay the same (and I am confident that the price will only go up in due time).

I have another noob question, how often do you need to do the minting, in order to get your interest.
Do you need to have the wallet open and staking all the time, or can you e.g. open it once a week?

Cryptography is one of the few things you can truly trust.
Kergekoin
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April 13, 2014, 07:13:49 PM
 #13076

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

Blackcoin is having exactly the same period which Mintcoin had earlier. In long term view, price of one coin is absolutely irrelevant factor. Price stability is the most important one.
Why do you think all merchants are extremely cautious towards bitcoin? Because its volatility.
Good payment instrument must be stable. Until bitcoin stays volatile, it will not get widely used.

******  NB! The links below are affiliate - friend type links, which bring additional benefits both, to you and me  ******
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April 13, 2014, 07:15:08 PM
 #13077

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

My opinion on it is this: Blackcoin prices are being manipulated to a very great extent, by an elite group of people who hold large amounts of Blackcoin. They are pumping it extremely well organized and are causing an effect that brings in people because of the hype.

If you look at the trades of BC, you will notice very few are for over 1 BTC, most trades are for on average 0.03 BTC, and every now and again you'll see the odd 2 or 3 BTC jump in and sell. This is very well orchestrated I believe, and once the big bag holders have made huge amounts of profits, you're going to see BC drop like a lead balloon with rocks tied to it.

There is nothing that BC has that can sustain such an increase in price in such a short amount of time. Even the CoinKite thing will not take effect for a few more months.

Yesterday on Twitter, Moolah announced that they would not be implementing BC into their platforms other than the Prelude trading platform. A bunch of BC people started to Tweet about this, so Moolah then said if BC could raise their volume on Prelude to 50BTC then they would implement BC on all of their platforms. Well BC people put the word out, and withing hours they had increased the volume to over 50BTC. Very well orchestrated....

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April 13, 2014, 07:18:17 PM
 #13078


I have another noob question, how often do you need to do the minting, in order to get your interest.
Do you need to have the wallet open and staking all the time, or can you e.g. open it once a week?


You only have to open it every now and again. You can look and see when your oldest coins were deposited into your wallet, add 20 days to that date, and then open your wallet for a few days until it mints.
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April 13, 2014, 07:20:38 PM
 #13079


I have another noob question, how often do you need to do the minting, in order to get your interest.
Do you need to have the wallet open and staking all the time, or can you e.g. open it once a week?


You only have to open it every now and again. You can look and see when your oldest coins were deposited into your wallet, add 20 days to that date, and then open your wallet for a few days until it mints.

What is the common practice for minting? What do you guys to, have it open all the time, or just make the minting once in a while.
What if you don't open your wallet for a 1/2 year, will you still get your interest retrospectively?

Cryptography is one of the few things you can truly trust.
moderndezigns
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April 13, 2014, 07:21:00 PM
 #13080

I was just wondering; how come has Blackcoin got so much success lately and MINT is still low in price? Does anybody have an opinion about that?

My opinion on it is this: Blackcoin prices are being manipulated to a very great extent, by an elite group of people who hold large amounts of Blackcoin. They are pumping it extremely well organized and are causing an effect that brings in people because of the hype.

If you look at the trades of BC, you will notice very few are for over 1 BTC, most trades are for on average 0.03 BTC, and every now and again you'll see the odd 2 or 3 BTC jump in and sell. This is very well orchestrated I believe, and once the big bag holders have made huge amounts of profits, you're going to see BC drop like a lead balloon with rocks tied to it.

There is nothing that BC has that can sustain such an increase in price in such a short amount of time. Even the CoinKite thing will not take effect for a few more months.

Yesterday on Twitter, Moolah announced that they would not be implementing BC into their platforms other than the Prelude trading platform. A bunch of BC people started to Tweet about this, so Moolah then said if BC could raise their volume on Prelude to 50BTC then they would implement BC on all of their platforms. Well BC people put the word out, and withing hours they had increased the volume to over 50BTC. Very well orchestrated....



It looks like it has topped out. The cost of pumping at this point would be greater than returns. Look at the sell orders on the market in the past the large sell numbers were fake and would be pulled but now I think there are some smart people making money but this is just my opinion.
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