[MIN] Minerals. Launched!Listed on C-Cex.com!
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IRCNEWSWe are now listed on
C-CEX.com - you can safely withdraw your coins to the exchange and trade/store them on the exchange until windows wallets are released.
Pools' wallets blockexplorer links:SCVMULEPROBEDRONEREFINERYEXCTRACTORWhy Minerals?Inspired by StartCraft, 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 Miltipools, 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.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FiOSvFua.png&t=665&c=tJ3qdi9bemq2Tw)
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fminerals.pro%2Fimgf%2Fspecs.png&t=665&c=5NJCo_mO9E3fAA)
Name: 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
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fminerals.pro%2Fimgf%2Fwallets.png&t=665&c=b5RmMGIuthkORA)
Windows Wallet:
Online Wallet
Mac Wallet
Linux Wallet
GitHub
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fminerals.pro%2Fimgf%2Fpools.png&t=665&c=H2ZD3-FTHLafmQ)
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.
https://c-cex.com/?p=min-btchttps://c-cex.com/?p=min-usdhttps://c-cex.com/?p=min-ltchttps://c-cex.com/?p=min-nmchttps://c-cex.com/?p=min-dogehttps://c-cex.com/?p=min-ftc
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fminerals.pro%2Fimgf%2Fbounties.png&t=665&c=jqg_nk53Re78eA)
Video 1 = 2,000 MIN
Video 2 = 2,000 MIN
Video 3 = 2,000 MIN
Games 1 = 1,000 MIN (reserved by
virtualdn)
Games 2 = 1,000 MIN
Games 3 = 1,000 MIN
Merchants = 2,000 MIN
Faucet = 1,000 MIN (reserved by
animalroam)
Blog Posts & Articles = 200 MIN Each
Translations = 200 MIN Each
Chinese (completed by
zxm7001)
Russian (completed by
wanvo)
Polish (bounty claimed by
szwagiercz)
Spanish (reserved by
Wolf Rainer)
German (bounty claimed by
Reese212)
Greek (reserved by
bspus)
Italian (bounty claimed by
splawik21)
Dutch (reserved by
Bfljosh)
French (
completed by
followtheboss. Bounty of 200 MIN will be payed out after launch)
Korean
Other Things Please Contact Us
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fminerals.pro%2Fimgf%2Ftournament.png&t=665&c=7ZhfTPGocKYf7w)
We plan to sponsor Starcraft II Heart of the Swarm tournament with a total prize coins of 100'000 MIN!
First place: 50,000 MIN
Second place: 30,000 MIN
Third place: 20,000 MIN
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
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fminerals.pro%2Fimgf%2Fother.png&t=665&c=WyfB0OYajAXTxg)
This logo isn't perfect, there is a bounty for a cool logo (that will be chosen by bitcointalk.org community)
Logo bounty = 1000 MIN
MINERALS : X11 POW/POS WITH NO WALLET DOWNLOAD BEFORE END OF POW article by
jdebunt