[ANN][MIN] Minerals - POS | Developing own anon solution |

[iru786]

please show me the better coin to buy right now
What coin did provide more innovation last month? Every fucking coin dev claims to invent anonymity and other bunch of bullshit but in the end just dumps his premine and disappears. Minerals coin have already showed us an innovative approach by cutting off all ASICs, multipool and big farms which allowed fair distribution of coins

You are right but unfortunately that does not count now a days... People are only interested in riding profit trains. But if AltCoins need to flourish, We need to support coins that tries to do something different not just in terms of functionality about also in terms of process because this is the only way we will learn and improve.

[Amph]

just clone coin, no innovations, no new features

I feel like Minerals provide great innovation!
ASICs and multipools were raping and killing every coin. With minerals it is not possible. Wait for the bigger exchange and the price will skyrocket.
Actually, why am I telling you this? The more weak hands now - the lower price for me to buy Minerals 

No ASICs and multipools not mean this coin become valuable.
If the DEV team have no plan for the next step..It will dead after POW

have you seen the crap coins released recently(the lineup after boostcoin i mean), they become valuable without offering anything new, just useless promises

this coin isn't certainly worse than those

[ZacharyComstock]

In general i don't have issues with the way coins are selected at MP... Its been mostly working fine in terms of what jc12345 mentioned.

But recently, i have seen that MP is moving away from their own criteria in terms of coin selection. Because of this coins like Boost and others are not added on MP even with Hugh trade volume. While other coins are added to the exchange when its been clear from the start that they are being pushed to exchange only because they can be dumped by big whales when they hit MP.

+1

Its interesting how some coins hit MP very quickly while other 100% airdrop coins are ignored because of low value.
MyCoin is an example, now Ive never mined MyCoin and I have zero MYC to my name, but Ive never know a coin push so hard to be on Mintpal and so far the plea of MYC has been ignored. MYC deserves to be on MP more than most at the moment.

Would it hurt MP to list Mycoin? How difficult is it to add a coin to the exchange? About 5 minutes work Im guessing.

I would be expecting it to be listed Monday, MP have no excuse now.

Mintpal not listing coins huts themselves alot. Bittrex got few bitcoins of volume a month ago, but now its just 2 times smaller then Mintpal
http://www.cryptocoincharts.info/v2/markets/info
And I expect to see bittrex to be larger then Mintpal pretty soon

[iqacid]

Dev are you still with us?

As I kno hes Human, and what do humans need? you caught me you alrdy kno the answer! Some sleep!

[ZacharyComstock]

just clone coin, no innovations, no new features

I feel like Minerals provide great innovation!
ASICs and multipools were raping and killing every coin. With minerals it is not possible. Wait for the bigger exchange and the price will skyrocket.
Actually, why am I telling you this? The more weak hands now - the lower price for me to buy Minerals 

No ASICs and multipools not mean this coin become valuable.
If the DEV team have no plan for the next step..It will dead after POW

have you seen the crap coins released recently(the lineup after boostcoin i mean), they become valuable without offering anything new, just useless promises

this coin isn't certainly worse than those

couldn't agree more. I have no idea why people buy all the shitcoins that are listed on bittrex every day. Obviously I am not a professional trader and I may not see the big picture here, but all that I see is 99% coins has nothing new and die in few weeks. Not the case with Minerals here

[lanshop2010]

If a developer or group of developers were able to launch a coin and profited from it, whether the coin was a success or not (most of them are not anyway), it is only logical that they will do it again and again and again under different handle names. The same is true for those setting up pool servers.

One of the questions we should ask is if the developer did something to undermine or compromise the integrity of the coin.

[alphateam]

just clone coin, no innovations, no new features

I feel like Minerals provide great innovation!
ASICs and multipools were raping and killing every coin. With minerals it is not possible. Wait for the bigger exchange and the price will skyrocket.
Actually, why am I telling you this? The more weak hands now - the lower price for me to buy Minerals 

No ASICs and multipools not mean this coin become valuable.
If the DEV team have no plan for the next step..It will dead after POW

have you seen the crap coins released recently(the lineup after boostcoin i mean), they become valuable without offering anything new, just useless promises

this coin isn't certainly worse than those

couldn't agree more. I have no idea why people buy all the shitcoins that are listed on bittrex every day. Obviously I am not a professional trader and I may not see the big picture here, but all that I see is 99% coins has nothing new and die in few weeks. Not the case with Minerals here

Probably, but not sure.

I think a massive dump come when pow end and when a bigger exchange list this one.
Lot of people wait to sell this one, and with one weeks of mining, big amount will dump.
Hope i'm false.

[btcforthefuture]

In general i don't have issues with the way coins are selected at MP... Its been mostly working fine in terms of what jc12345 mentioned.

But recently, i have seen that MP is moving away from their own criteria in terms of coin selection. Because of this coins like Boost and others are not added on MP even with Hugh trade volume. While other coins are added to the exchange when its been clear from the start that they are being pushed to exchange only because they can be dumped by big whales when they hit MP.

+1

Its interesting how some coins hit MP very quickly while other 100% airdrop coins are ignored because of low value.
MyCoin is an example, now Ive never mined MyCoin and I have zero MYC to my name, but Ive never know a coin push so hard to be on Mintpal and so far the plea of MYC has been ignored. MYC deserves to be on MP more than most at the moment.

Would it hurt MP to list Mycoin? How difficult is it to add a coin to the exchange? About 5 minutes work Im guessing.

I would be expecting it to be listed Monday, MP have no excuse now.

MYC is already dead before it arrives on mintpal. It only has a little volume because of its #1 spot on mintpal list. It is 100% premine, the btctalk thread is dead, price is on a downtrend even though it can be added to mintpal any moment. No one is interested in it, but people payed for votes so I agree mintpal has to add it, although its a waste of space.  

[Minerals]

Guys,
I would like to confirm that Minerals is affiliated with pool.mn. Pool.mn helped with setting up the pools, implementing limits and tweaking stratum. The idea was to keep the two projects unaffiliated until after the end of the POW stage, as we were concerned about potential attacks from other pools (which actually did happen even without the knowledge of this affiliation (read the first couple of pages)). The guy from pool.mn was supposed to monitor the thread and reply to any issues with the pools, however he exposed his identity.

1. Regarding mining – I’ve been saying this from the very beginning: there is no mining outside 6 pools and accusations that pool.mn or someone else is mining on their own is easy to check by looking at the block explorer and which addresses are credited for newly found blocks (the links are in the OP).

2. The idea behind the Minerals is to show that without competition among pools it is possible achieve fairer mining that is much less vulnerable to network (ASICs) and/or DDoS attacks. Moreover, pool ops do not add much value, if any, to the coin development and I hope that future coin devs and communities will start to think about this. I think that we showed for future coin devs how to avoid premine/instamine and IPOs and yet still keep the interest in their coin by running pools and collecting standard fees. Actually, the cost of running these pools is lower because:

a) there is no need for DDoS protection as there is no competition  
b) there are no other coins on the same server which lowers the hardware requirements
c) for coins with limited POW stage the hardware is required only during the POW stage, which is often quite short nowadays

Stratum modifications will be uploaded to github so that anyone can use it in the future.

3. Pool.mn agreed to help as they share the above beliefs and I think they will offer their help as a service for future coin devs. Of course, any other pool op could offer the same service and I hope that crypto-community will move toward less fees/instamine/premine.

[ZacharyComstock]

just clone coin, no innovations, no new features

I feel like Minerals provide great innovation!
ASICs and multipools were raping and killing every coin. With minerals it is not possible. Wait for the bigger exchange and the price will skyrocket.
Actually, why am I telling you this? The more weak hands now - the lower price for me to buy Minerals  

No ASICs and multipools not mean this coin become valuable.
If the DEV team have no plan for the next step..It will dead after POW

have you seen the crap coins released recently(the lineup after boostcoin i mean), they become valuable without offering anything new, just useless promises

this coin isn't certainly worse than those

couldn't agree more. I have no idea why people buy all the shitcoins that are listed on bittrex every day. Obviously I am not a professional trader and I may not see the big picture here, but all that I see is 99% coins has nothing new and die in few weeks. Not the case with Minerals here

Probably, but not sure.

I think a massive dump come when pow end and when a bigger exchange list this one.
Lot of people wait to sell this one, and with one weeks of mining, big amount will dump.
Hope i'm false.

In theory with the 50MHS limit we should see dumping limited to 7 days of 50mhs coins per dumper.

If we see absolutely no difference in the kinds of trading compared to other coins then we know for a fact that limiting this coin to 50MHS has had zero effect.

Ill be watching closely. I don't see anyone snapping up a million coins on c-cex so that shouldn't have any influence.

the problem with c-cex is that it is ~100 times smaller then bittrex. There are no serious investors there. Bittrex guys said that they will be listing Minerals after POW ends and this is where I am planning to return my investments  

[USScrypto]

Guys,
I would like to confirm that Minerals is affiliated with pool.mn. Pool.mn helped with setting up the pools, implementing limits and tweaking stratum. The idea was to keep the two projects unaffiliated until after the end of the POW stage, as we were concerned about potential attacks from other pools (which actually did happen even without the knowledge of this affiliation (read the first couple of pages)). The guy from pool.mn was supposed to monitor the thread and reply to any issues with the pools, however he exposed his identity.

1. Regarding mining – I’ve been saying this from the very beginning: there is no mining outside 6 pools and accusations that pool.mn or someone else is mining on their own is easy to check by looking at the block explorer and which addresses are credited for newly found blocks (the links are in the OP).

2. The idea behind the Minerals is to show that without competition among pools it is possible achieve fairer mining that is much less vulnerable to network (ASICs) and/or DDoS attacks. Moreover, pool ops do not add much value, if any, to the coin development and I hope that future coin devs and communities will start to think about this. I think that we showed for future coin devs how to avoid premine/instamine and IPOs and yet still keep the interest in their coin by running pools and collecting standard fees. Actually, the cost of running these pools is lower because:

a) there is no need for DDoS protection as there is no competition  
b) there are no other coins on the same server which lowers the hardware requirements
c) for coins with limited POW stage the hardware is required only during the POW stage, which is often quite short nowadays

Stratum modifications will be uploaded to github so that anyone can use it in the future.

3. Pool.mn agreed to help as they share the above beliefs and I think they will offer their help as a service for future coin devs. Of course, any other pool op could offer the same service and I hope that crypto-community will move toward less fees/instamine/premine.

Thanks for clearing up things, so now everyone can calm down and keep mining

[Stormbringer]

http://explorer.minerals.pro/ is not working

[cryptoangel]

Guys,
I would like to confirm that Minerals is affiliated with pool.mn. Pool.mn helped with setting up the pools, implementing limits and tweaking stratum. The idea was to keep the two projects unaffiliated until after the end of the POW stage, as we were concerned about potential attacks from other pools (which actually did happen even without the knowledge of this affiliation (read the first couple of pages)). The guy from pool.mn was supposed to monitor the thread and reply to any issues with the pools, however he exposed his identity.

1. Regarding mining – I’ve been saying this from the very beginning: there is no mining outside 6 pools and accusations that pool.mn or someone else is mining on their own is easy to check by looking at the block explorer and which addresses are credited for newly found blocks (the links are in the OP).

2. The idea behind the Minerals is to show that without competition among pools it is possible achieve fairer mining that is much less vulnerable to network (ASICs) and/or DDoS attacks. Moreover, pool ops do not add much value, if any, to the coin development and I hope that future coin devs and communities will start to think about this. I think that we showed for future coin devs how to avoid premine/instamine and IPOs and yet still keep the interest in their coin by running pools and collecting standard fees. Actually, the cost of running these pools is lower because:

a) there is no need for DDoS protection as there is no competition  
b) there are no other coins on the same server which lowers the hardware requirements
c) for coins with limited POW stage the hardware is required only during the POW stage, which is often quite short nowadays

Stratum modifications will be uploaded to github so that anyone can use it in the future.

3. Pool.mn agreed to help as they share the above beliefs and I think they will offer their help as a service for future coin devs. Of course, any other pool op could offer the same service and I hope that crypto-community will move toward less fees/instamine/premine.

THANK YOU!.

[ASICrefugee]

Guys,
I would like to confirm that Minerals is affiliated with pool.mn. Pool.mn helped with setting up the pools, implementing limits and tweaking stratum. The idea was to keep the two projects unaffiliated until after the end of the POW stage, as we were concerned about potential attacks from other pools (which actually did happen even without the knowledge of this affiliation (read the first couple of pages)). The guy from pool.mn was supposed to monitor the thread and reply to any issues with the pools, however he exposed his identity.

1. Regarding mining – I’ve been saying this from the very beginning: there is no mining outside 6 pools and accusations that pool.mn or someone else is mining on their own is easy to check by looking at the block explorer and which addresses are credited for newly found blocks (the links are in the OP).

2. The idea behind the Minerals is to show that without competition among pools it is possible achieve fairer mining that is much less vulnerable to network (ASICs) and/or DDoS attacks. Moreover, pool ops do not add much value, if any, to the coin development and I hope that future coin devs and communities will start to think about this. I think that we showed for future coin devs how to avoid premine/instamine and IPOs and yet still keep the interest in their coin by running pools and collecting standard fees. Actually, the cost of running these pools is lower because:

a) there is no need for DDoS protection as there is no competition  
b) there are no other coins on the same server which lowers the hardware requirements
c) for coins with limited POW stage the hardware is required only during the POW stage, which is often quite short nowadays

Stratum modifications will be uploaded to github so that anyone can use it in the future.

3. Pool.mn agreed to help as they share the above beliefs and I think they will offer their help as a service for future coin devs. Of course, any other pool op could offer the same service and I hope that crypto-community will move toward less fees/instamine/premine.

Sounds good to me. Im still mining!

I never stopped 

[prix]

@Dev, thanks for detailed explanation.

[Amph]

just clone coin, no innovations, no new features

I feel like Minerals provide great innovation!
ASICs and multipools were raping and killing every coin. With minerals it is not possible. Wait for the bigger exchange and the price will skyrocket.
Actually, why am I telling you this? The more weak hands now - the lower price for me to buy Minerals  

No ASICs and multipools not mean this coin become valuable.
If the DEV team have no plan for the next step..It will dead after POW

have you seen the crap coins released recently(the lineup after boostcoin i mean), they become valuable without offering anything new, just useless promises

this coin isn't certainly worse than those

couldn't agree more. I have no idea why people buy all the shitcoins that are listed on bittrex every day. Obviously I am not a professional trader and I may not see the big picture here, but all that I see is 99% coins has nothing new and die in few weeks. Not the case with Minerals here

Probably, but not sure.

I think a massive dump come when pow end and when a bigger exchange list this one.
Lot of people wait to sell this one, and with one weeks of mining, big amount will dump.
Hope i'm false.

what dump you are talking about, the coin is already in a dump state, 300 lol

[USScrypto]

That simply means more cheap Minerals to buy... 

[ZacharyComstock]

just look at this picture and the future of minerals will become clear to you



30% of all trades on C-Cex are trades for BTC/MIN

[USScrypto]

just look at this picture and the future of minerals will become clear to you



30% of all trades on C-Cex are trades for BTC/MIN

With the current volume it is over 40% actually.

[Minerals]

http://explorer.minerals.pro/ is not working

Fixed