biggus dickus
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May 17, 2014, 11:26:48 PM |
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Just did my regular visit to mintpal and to my horror I saw mintcoin in the single digits, it was awful.. Yeah, I wonder why it went down so much. At least this is a good time to invest in more, :p. It's still at 10 sats on poloniex. Maybe someone dumped a massive amount on mintpal and artificially lowered the price.
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ranlo
Legendary
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Activity: 1988
Merit: 1007
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May 17, 2014, 11:29:39 PM |
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Just did my regular visit to mintpal and to my horror I saw mintcoin in the single digits, it was awful.. Yeah, I wonder why it went down so much. At least this is a good time to invest in more, :p. It's still at 10 sats on poloniex. Maybe someone dumped a massive amount on mintpal and artificially lowered the price. It's down to 8 on Cryptsy too though (people are dumping into that).
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slinger1015
Member
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Activity: 112
Merit: 10
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May 17, 2014, 11:53:08 PM |
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I know i am new here but maybe it's because btc is down and most markets as hole are down. The ones that are up right now are P & D coins. people flock to the pumps. but from what i have read here and the posts you have a very solid comunity. So good things will come. As this coin is POS and time is on its side. Just my 2 cents USD, lol A joke
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coolbeans94
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May 18, 2014, 12:54:21 AM |
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I have written the preliminary section for Mintcoin: Please say if anything is incorrect. I want the mintcoin community to help me complete the history section (3-5 important historical events) I will publish the book this summer. Any donations are highly welcome MZKhgDfWYxfWpkpC9Jn6ZtpBQduBSKvfet If you are going for historical accuracy, here are some things you should include: Algorithim: "Full PoW - to Hybrid PoW/PoS - to Full PoS" Premine: "700,000,000 for bounties, giveaways, development, support and maintenance, Mintcoin Fund, and new feature developments etc." Merchant Base: Yes. Can purchase goods and services with greater than >50 merchants as of April 2014. Transaction Speed: 2 minutes, average. Innovation: First coin of it's kind released. (First hybrid PoW/PoS released with fast initial 4-5 week PoW distribution. Converted to full PoS, aimed at being fast, energy efficient, and encouraging people to hold their coins by PoS rewards of 20% the first year, 15% the 2nd year, 10% the 3rd year, and 5% for the 4th+ years.) You might also want to mention the fact that Mintcoin was the most profitable coin to mine in February 2014 while it was still mineable during the intial distribution phase, before it became full PoS, causing it to be very broadly distributed initially. Make sure you have the link to the correct block explorer: http://mint.blockx.info/get/chain/MintCoin
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(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.
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jakema
Newbie
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Activity: 51
Merit: 0
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May 18, 2014, 04:11:03 AM |
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does any one here know how to set up a tipbot for mint? could be a nice way to expand
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ranlo
Legendary
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Activity: 1988
Merit: 1007
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May 18, 2014, 04:22:14 AM |
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I know i am new here but maybe it's because btc is down and most markets as hole are down. The ones that are up right now are P & D coins. people flock to the pumps. but from what i have read here and the posts you have a very solid comunity. So good things will come. As this coin is POS and time is on its side. Just my 2 cents USD, lol A joke
The low prices are great for those of us who believe in the coin. It's also a way to let people prove how much they believe in it, .
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sidhujag
Legendary
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Activity: 2044
Merit: 1005
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May 18, 2014, 06:49:47 AM |
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Just did my regular visit to mintpal and to my horror I saw mintcoin in the single digits, it was awful.. Yeah, I wonder why it went down so much. At least this is a good time to invest in more, :p. It's still at 10 sats on poloniex. Maybe someone dumped a massive amount on mintpal and artificially lowered the price. It's down to 8 on Cryptsy too though (people are dumping into that). still waiting for 3 sats here
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Maverick69
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May 18, 2014, 11:58:49 AM |
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does any one here know how to set up a tipbot for mint? could be a nice way to expand
There used to be two (on Reddit, and aslo on Twitter). I think the Reddit one, the owner is willing to let someone else handle it.
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coinnoone
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Activity: 17
Merit: 0
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May 18, 2014, 03:51:20 PM |
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welcome,new mint
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presstab
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Activity: 1330
Merit: 1000
Blockchain Developer
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May 18, 2014, 07:27:13 PM |
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Is there any active development on a hard fork for MINT? Seems like cryptsy order book is empty because the money supply is expanding so rapidly.
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Dallas5
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May 18, 2014, 10:18:52 PM |
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Where do the transaction fees go with pure PoS coins?
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ranlo
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Activity: 1988
Merit: 1007
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May 18, 2014, 10:24:21 PM |
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I like the site, but I'm a bit lost as to how it works. It shows SHA, Scrypt and X11. So is it mining the most profitable coin and then converting to MINT and BC, or what is happening?
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slinger1015
Member
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Activity: 112
Merit: 10
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May 18, 2014, 11:34:41 PM |
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I like the site, but I'm a bit lost as to how it works. It shows SHA, Scrypt and X11. So is it mining the most profitable coin and then converting to MINT and BC, or what is happening? yes pretty much. I mine scrypt and x11 scrypt. So for the X11 you could be mining hiro coin or dark coin or one of the coins that use X11 algo. Then you get paid In MintCoin or BlackCoin or 50/50. I have been mining 50/50 payout and the payout is actually pretty good. If you mine 50/50 you will need a Black coin and Mint coin wallet in your .bat If you mine Mint only you'll just need a Mint wallet. Here is a .bat example for x11 for my R209's getting 50/50 payout. setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_USE_SYNC_OBJECTS 1 timeout /t 4 SGminer.exe -d 1,0 -k darkcoin -u BRfZPqtrczX3cr4M8372dYFoDXzXcX7j5c.MvAyDfvXgzPH78oyYtt7CXnMsWvCzseSDe -p X -o stratum+tcp://uswest1.cryptoalts.com:5555 --gpu-platform 0 --worksize 256 --vectors 1 --intensity 18 --gpu-threads 1 --log 3 --thread-concurrency 33792 --lookup-gap 2 --api-port 4028 --expiry 120 --queue 1 --scan-time 60 --auto-fan --temp-target 65 --gpu-powertune 20 --gpu-memclock 1500 --gpu-engine 999 you would replace my wallet addresses with your own.
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ranlo
Legendary
Offline
Activity: 1988
Merit: 1007
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May 18, 2014, 11:39:47 PM |
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I like the site, but I'm a bit lost as to how it works. It shows SHA, Scrypt and X11. So is it mining the most profitable coin and then converting to MINT and BC, or what is happening? yes pretty much. I mine scrypt and x11 scrypt. So for the X11 you could be mining hiro coin or dark coin or one of the coins that use X11 algo. Then you get paid In MintCoin or BlackCoin or 50/50. I have been mining 50/50 payout and the payout is actually pretty good. If you mine 50/50 you will need a Black coin and Mint coin wallet in your .bat If you mine Mint only you'll just need a Mint wallet. Here is a .bat example for x11 for my R209's getting 50/50 payout. setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_USE_SYNC_OBJECTS 1 timeout /t 4 SGminer.exe -d 1,0 -k darkcoin -u BRfZPqtrczX3cr4M8372dYFoDXzXcX7j5c.MvAyDfvXgzPH78oyYtt7CXnMsWvCzseSDe -p X -o stratum+tcp://uswest1.cryptoalts.com:5555 --gpu-platform 0 --worksize 256 --vectors 1 --intensity 18 --gpu-threads 1 --log 3 --thread-concurrency 33792 --lookup-gap 2 --api-port 4028 --expiry 120 --queue 1 --scan-time 60 --auto-fan --temp-target 65 --gpu-powertune 20 --gpu-memclock 1500 --gpu-engine 999 you would replace my wallet addresses with your own. Can you give a little information about your payouts from the last few days/week? I mostly want to see how it compares to what you could get off something like Wafflepool or Hashco.ws (by mining and then trading for one of those coins).
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blade87
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May 18, 2014, 11:44:27 PM |
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http://cryptoalts.com/profits/It doesn't coin switch - it just spreads hash among coins that are long term good to mine. This is to try to provide more consistent reliable payouts. If one coin has a bad day, hopefully another can have a good day to make up for it. P2Pool has a such a long PPLNS period that coin switching just doesn't work on it. I also went with P2P because I want to support decentralized mining. I will put up a node coin matrix once all the nodes are fully operational. There was a DRK fork that really threw things off at CryptoAlts recently, and we just got things sorted out a few days ago and are changing around some coins still. With that said, it doesn't matter which node you mine on because all nodes share the coins in the end on this pool. Payouts are a bit hit in variance right now, which is very characteristic of P2Pool mining, though long-term averages work out. The only way to dampen the variance is to get more miners.
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ranlo
Legendary
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Activity: 1988
Merit: 1007
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May 18, 2014, 11:50:20 PM |
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http://cryptoalts.com/profits/It doesn't coin switch - it just spreads hash among coins that are long term good to mine. This is to try to provide more consistent reliable payouts. If one coin has a bad day, hopefully another can have a good day to make up for it. P2Pool has a such a long PPLNS period that coin switching just doesn't work on it. I also went with P2P because I want to support decentralized mining. I will put up a node coin matrix once all the nodes are fully operational. There was a DRK fork that really threw things off at CryptoAlts recently, and we just got things sorted out a few days ago and are changing around some coins still. With that said, it doesn't matter which node you mine on because all nodes share the coins in the end on this pool. Payouts are a bit hit in variance right now, which is very characteristic of P2Pool mining, though long-term averages work out. The only way to dampen the variance is to get more miners. Hmm, based on that chart, it's an average of about 0.0034, which is on par with the other multipools. Not too bad!
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Crindon
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May 19, 2014, 04:32:19 AM |
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Just did my regular visit to mintpal and to my horror I saw mintcoin in the single digits, it was awful.. Yeah, I wonder why it went down so much. At least this is a good time to invest in more, :p. It's still at 10 sats on poloniex. Maybe someone dumped a massive amount on mintpal and artificially lowered the price. It's down to 8 on Cryptsy too though (people are dumping into that). still waiting for 3 sats here That is not gonna happen. There is too much intrinsic value with Mintcoin that it won't reach such levels anymore, maybe at the beginning. At this stage, we have reached the bottom and even dipped below it. It is heavily manipulated and will rise from here on out. There is a lot of development with the Android wallet and activities with the Fund.
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coolbeans94
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May 19, 2014, 05:33:05 AM |
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Where do the transaction fees go with pure PoS coins?
Depends on the coin. Some don't payout anything. With Mintcoin though, I believe it goes to whoever wins the block via proof-of-stake.
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(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.
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