[MIN] MINERALS
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Minerals Dev team is now oficially focusing on developement of anonymity features. So far we can not offer any additional information or eta, except first sketch of the idea.![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FBuiyB8hIIAAyNgp.png&t=665&c=4WXur9qR5YYEQg)
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Do you need some free Minerals to test your brand new wallet? Check out the
Faucet!MINERALS PRODUCT ROADMAP![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FaPAQRGT.png&t=665&c=vTIuWhwUiinxKA)
News
Why Minerals?Inspired by StarCraft, Minerals is a POW/POS cryptocurrency designed to be as evenly distributed as possible across vast group of miners, investors and other communities. Because of its even distribution of coins, Minerals is intended to be appealing to non-crypto community as well.
Premine, IPO, instamine?There is no premine, no IPO, no instamine.
- Instamine is avoided by rewarding first 100 blocks with 1 MIN.
- There is no IPO.
- There is no premine.
Dev’s interest?The dev team will have the interest in the coin, in its further development and marketing by cutting out the middlemen – pools. There is no reason for miners to pay fees to pool owners, who don't contribute to coin development and are only interested in instantaneous profit from the coin and easily move on to another coin. Moreover, pools often wage wars and DDoS each other which only creates anxiety and instability in the network and is detrimental for the coin. Therefore, there will be no third-party pools, all pools will be operated by us. There will be a total of six pools (scv, mule, probe, drone, refinary, exctractor), each with 1% fee. This pool fee will be used for further coin development and to keep our interests aligned. Fees collected from the pools will be stored in a designated public address and each coin movement will be publicly disclosed.
Multipools problem?There will be no multipools as all pools are operated by us - no dumping of coins and no messing up with the network difficulty.
Solo mining?In order to avoid potential ASICs and big farms from dominating the coin network there will be no solo mining.
Big farms/ASICs?Hashing power of each worker and/or IP will be limited to not more than
50 MH/s (see the poll) by limiting the number of shares that a worker can send to the pool per unit of time.
How do you achieve all of this?The only way to avoid Multipools, ASICs, big farms and third-party pools is by not providing the wallet and the source code until after the POW stage ends. The source code will be provided to exchanges which will be operational from the start. Moreover, to remove any doubt about the validity of the coin and it's source code third-party experts will be given the sorce code for validation and checks. The wallets might be provided before the end of the POW stage.
How to receive mined coins?You can use the exchange or keep your coins in our pools until the wallets are provided.
Block explorer?Available at launch.
SpecsName: Minerals [MIN]
Algo: X11
Block time: 30sec
Block reward:
Blocks 1-100: 1 MIN
Blocks 101-20090: 1500 MIN
Last POW block 20090. (7 days of mining)
Total POW coins: 30,000,000
Block retarget: every block
POS interest: 5% per year
Coins stake after 10 hours
Confirmations per transaction 4
Coins mature after 50 blocks
Premine: 0 (0%)
BLOCK EXPLORER
WalletsWindows Wallet:
https://mega.co.nz/#!8wNXFK5a!PR3i8LOE1LRpRmbklIubv8s27lt12_JuEmiT2BaJ7MEMac Wallet:
https://www.dropbox.com/s/27yifyorvnyyi8h/Minerals-Qt-MacOSX-v1.0.zipLinux Wallet:
https://www.dropbox.com/s/ylcyyi00zu2b8yl/minerals_1.0.4-0_amd64.debGitHub:
https://github.com/Minerals-dev/MineralsNeed some free Minerals to test your brand new wallet? Check out the
Faucet!Faucet donations made out of Minerals Development Fund:
1a6d80734218d9682b521580e146c96ad2b34c01e4d10be8bbdee7ab5e179721-000
Paper wallet (Please, make sure that you do understand what paper wallet is and how it works before you use it) (bounty of 2000 MIN sent to
virtualdn 844efa20bfacf1b5b013dd8f06433adb048c0b9b846d4d945a3ba20c5e0ddb0c-000)
PoolsYou may mine Minerals even tho POW stage is over!
Detailed guide on how to set up your mining at CoinKing and receive Minerals as a reward!
Outdated info, POW stage is over:
These are the only legit pools that you can mine Minerals at:
SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
Please register at several pools and use some pools as a failover.
NB You can have only 1 worker per account and this 1 worker has a limit of 50 MH/s hashrate. Any other workers that you've created were deleted.
PS: if you have several small mining rigs you may use 1 worker for all of them, all valid shares that they produce will be accepted just as well as if you were using multiple workers for each rig
Exchangeshttps://www.mintpal.com/market/MIN/BTChttps://poloniex.com/exchange/btc_minhttps://bittrex.com/Market/Index?MarketName=BTC-MINhttps://c-cex.com/?p=min-btchttps://www.kingcoiny.com/index.php?page=trade&market=26https://www.coins-e.com/exchange/MIN_BTC/https://bleutrade.com/exchange/MIN/BTChttps://cryptoine.com/trade/min_btchttps://rockytrade.net/index.php?page=trade&market=132https://www.cryptsy.com/markets/view/258Minerals on CryptoCoinRankMinerals on Cryptonator
BountiesVideo 1 = 2,000 MIN (sent to
Wolf Rainer 840bd7a922828eb5bb1fa4a586faa9d52a3b7c80ace830b7fb0400b2acb8ec0d-000)
Video 2 = 2,000 MIN (sent to
AhmedAshraf 3553ef761ad476c91eeb7e21cb3c4f86212ab15af7b6b1ad42783e55dc86ccc6-000)
Video 3 = 2,000 MIN (sent to
AhmedAshraf 56db6f6cc7b21a35f2db9c6151080c6276437452b98082f37504fbfe7a056d68-000)
Mac Wallet New Design = 1000 MIN (sent to
instacash f2bc9d1fa66f578e8b848d6a71dd04f2c3ae64b886f8c7c061616ba96263138c-000)
Games 1 = 1,000 MIN (reserved by
virtualdn)
Games 2 = 1,000 MIN (sent to
animalroam 3291cd83c57b452a726a0cb959f60cb855bcba8ce932101d273509c60fe52c43-000)
Games 3 = 1,000 MIN (sent to
ethought 8b1bc8741747de1488db3475ca5ea10ccfc82320e821cf4664eb4e3f5593d793-000)
Faucet = 1,000 MIN (sent to
animalroam 81312a2e472eff2b73158a160d8052eb86fd03c056834a65d161a9db56308aa0-000)
Blog Posts & Articles = 200 MIN Each
Translations = 200 MIN Each
Chinese (sent to
zxm7001 ddcdd34395a792107ce828feb871ae21b0c7964f14782f1497335ce106369638-000)
Russian (completed by
wanvo)
Polish (bounty sent to
szwagiercz 589b2187ee25298066ffb4b4f30c283ce3814273aa0ac16fce0e66bff05048e7-000)
Spanish (reserved by
Wolf Rainer)
German (bounty sent to
Reese212 9871c15d66a7762abcab29c407df45f12cb72b17a5432b64c3e4f0e5ae220fac-000)
Greek (reserved by
bspus)
Italian (bad translation (google translate?) by
splawik21)
Dutch (reserved by
Bfljosh)
French (
completed by
followtheboss. Bounty of 200 MIN will be payed out after launch)
Korean (bounty claimed by
WhatDisk)
Other Things Please Contact Us
TournamentsWe plan to sponsor Starcraft II Heart of the Swarm tournament!
Think you have what it takes to participate in the tournament and win Minerals? Sign up today by sending your info to our email:
dev@minerals.pro
OtherDonation or Betting call
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Minerals Development Fund
MVNWT9QtaryFdzexcHNyiJa3hzZB5Ja85P
If anybody wishes to receive MIN donations please use this image if you like
Logo contest winner:
helloweiwei (will receive 1000 MIN bounty)
Games!Minerals Scratch Off Game!Rock Paper Scissors Game!Articles about MineralsMINERALS : X11 POW/POS WITH NO WALLET DOWNLOAD BEFORE END OF POW article by
jdebuntFan art
By
helloweiwei - also the creator of Minerals logo!
Video by
Wolf RainerVideo 1 by
AhmedAshrafVideo 2 by
AhmedAshraf