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

[Minerals]

We are shutting down the multipool for now given the current voting outcome.

[USScrypto]

We are shutting down the multipool for now given the current voting outcome.

The people that mined in the pool will be getting their payout before you shut it down, right?

[Minerals]

We are shutting down the multipool for now given the current voting outcome.

The people that mined in the pool will be getting their payout before you shut it down, right?

Yes, payouts are now being processed.

[MinermanNC]

We are shutting down the multipool for now given the current voting outcome.

Thank you You can always reinstate the multipool at anytime in the future if it seems necessary and as you said, save yourself another headache for now lol. Good news is, price on MIN seems to be steady and or rising and pool miner count is up at least on the VA pool. Remember if your going to do something that is totally unlike anything before, which you are, then that should also mean staying out of the MP and MIN as a payout. Like I said, I cant see  where BCPool has done anything to help the BC coin value and actually I feel BCpool has ultimately hurt BC because of there close association to the name BC and their stingy appearance. Not to say you would do as they have done or even use them as a model but you know that's how it would look and MIN would be perceived. ok I feel it was right move for now to stop the MIN MP, and shelve it for now.

[ZacharyComstock]

Hold for 5% POS and come back in a month.

I thought it is 5% per year..

yeah, doesn't look like its 5% per month..

[tylerderden]

We are shutting down the multipool for now given the current voting outcome.

Thank you You can always reinstate the multipool at anytime in the future if it seems necessary and as you said, save yourself another headache for now lol. Good news is, price on MIN seems to be steady and or rising and pool miner count is up at least on the VA pool. Remember if your going to do something that is totally unlike anything before, which you are, then that should also mean staying out of the MP and MIN as a payout. Like I said, I cant see  where BCPool has done anything to help the BC coin value and actually I feel BCpool has ultimately hurt BC because of there close association to the name BC and their stingy appearance. Not to say you would do as they have done or even use them as a model but you know that's how it would look and MIN would be perceived. ok I feel it was right move for now to stop the MIN MP, and shelve it for now.

bcpool was very profitable for a day or two, but that was due to the price going from 10,000 sat to 30,00 so of course you will get less. I think the bigger problem of multipools is the coins they choose. most pick old shit like feathercoin, tag, blah, so miners go elsewhere because they can make more. nobody is going to settle for 1/2 profits, period. If you had a killer multipool that kept up with profitable coins and people could see that they aren't losing out by not mining on ipominer or trademybit, they would continue to mine on the multipool because it's convenient and they are seeing profits on par with what everybody else paying attention is getting. I think a better solution to creating a multipool for every pos coin is to get the existing multipools to pay out in whatever currency you want. Hashcows is doing this but unfortunately they are still focusing on scrypt and have become pretty lazy, so again you have a multipool but the profits are significantly less than pools with multi-algo and pool ops that are always on the hunt for profit so it again defeats the purpose. bottom line, the next pool that remains at the top of profit charts and pays out in whatever coin you want will be the next big winner in crypto.

[takyzark]

hashrate, diff and price going up. good sign 

[MinermanNC]

We are shutting down the multipool for now given the current voting outcome.

Thank you You can always reinstate the multipool at anytime in the future if it seems necessary and as you said, save yourself another headache for now lol. Good news is, price on MIN seems to be steady and or rising and pool miner count is up at least on the VA pool. Remember if your going to do something that is totally unlike anything before, which you are, then that should also mean staying out of the MP and MIN as a payout. Like I said, I cant see  where BCPool has done anything to help the BC coin value and actually I feel BCpool has ultimately hurt BC because of there close association to the name BC and their stingy appearance. Not to say you would do as they have done or even use them as a model but you know that's how it would look and MIN would be perceived. ok I feel it was right move for now to stop the MIN MP, and shelve it for now.

bcpool was very profitable for a day or two, but that was due to the price going from 10,000 sat to 30,00 so of course you will get less. I think the bigger problem of multipools is the coins they choose. most pick old shit like feathercoin, tag, blah, so miners go elsewhere because they can make more. nobody is going to settle for 1/2 profits, period. If you had a killer multipool that kept up with profitable coins and people could see that they aren't losing out by not mining on ipominer or trademybit, they would continue to mine on the multipool because it's convenient and they are seeing profits on par with what everybody else paying attention is getting. I think a better solution to creating a multipool for every pos coin is to get the existing multipools to pay out in whatever currency you want. Hashcows is doing this but unfortunately they are still focusing on scrypt and have become pretty lazy, so again you have a multipool but the profits are significantly less than pools with multi-algo and pool ops that are always on the hunt for profit so it again defeats the purpose. bottom line, the next pool that remains at the top of profit charts and pays out in whatever coin you want will be the next big winner in crypto.

Ya I agree with most everything you said, my thing is I'm simply anti-multipool for a few reasons..... its mainly when they point all their hash power to a pool for a while and destroy the nice balanced hashing power of that pool, and rape the coin for a while then go dump all in the name of buying black coin or what ever coin they payout in and move on to their next victim. As a result we have seen a very low return on most alt coins especially the x11 and x13, as they have been repeatedly abused by multipools and rig renters. and now we have hundreds of shit coins. So even if a multipool does their homework daily, picks the best coins, charges the lowest fee's etc. they still are out there raping coins all day and suppressing the values. That's why I was flabbergasted to see this coin MIN become part of the circle. I am out for the common miner, the guy with a few gpu's etc. that wants to mine a good stable and steady coin without coin raper's dropping in ruining what little they can earn. I know everyone has seen a big drop in values of almost every coin across the board, now soon we will have a scrypt coin market flooded with Titans and alike, what do you suppose they will do for that scrypt coin market? it will all but be destroyed. They will find themselves competing for a coin with the same return level as they did when they were mining  with GPU's only 9,000 in debt with a worthless machine. That's why x11 x13 is so popular now, but until we rid the world of multipools and rig renters and take away that ability, only then will we see stability and coin values come back up. This is why I was so intrigued by the MIN coin devs for taking a bold step to limit hash to 50 m/h,,,, and control the pools   what great and simple move! They have set the stage for a coin to be truly a "fair distribution coin" as they say in their thread title. It would be spoiled by going multipool. So that's my take on the alt coin world right now Go Minerals! heh"

[powersup]

Price and volume very nice. Now at block 13000.

[helloweiwei]

  a new mineralscoin logo.

[grolll]

Nice logo.

[jc12345]

Looks really nice.

[Lucif3r]

anyone here having problem withdrawing from http://refinery.minerals.pro/ to c-cex? So far my account has made 5 auto-payout transactions (I set at 1000 threshold) but only 3 transactions came through. the other 2 I dont know where my coins are and it's been like half a day.

Here are those 2 transactions that went missing:

http://explorer.minerals.pro/tx/9e628a5734b34e032d0df68fffc14b9cf3d92b8c3c3bd2c237539a6fa5a27081

http://explorer.minerals.pro/tx/b1183ecf9a874c9e8ab3cdd7768b8b31cd4bc5ec00e857a28a9e73d47ce47365

BTW, the link format to blockexplorer in the account's transactions in the pool http://refinery.minerals.pro/ is wrong. It should be http://explorer.minerals.pro/tx/TxID instead of http://explorer.minerals.pro/block/TxID. Someone should fix it.

Already sent an e-mail to dev@minerals.pro without answer. I stop all withdraws for now until this problem get fixed.

 

[ZacharyComstock]

  a new mineralscoin logo.

very cool logo!
I think we gotta vote for the best logo. Quite a few logos were posted here, I'll try to gether em all up in one post so it'll be easier to see what's the best one

[Aleh777]

It is necessary that the creators of the coin made ​​the game server to play on these coins. There is no such in the same coin. Here's to you and originality. The price will only go up 

[ZacharyComstock]

Ok, so here are logos that we currently have
I suggest a vote
Or are there more logos coming soon?

[jc12345]

Number the logos you referenced in the pics and put up a poll.

[dominikf]

I like the last one, I can see that on a physical coin.

Id got for the top one of the last one which is blueish in colour

Me too the last one blue color 

[andron]

I like green colour

[uray]

  a new mineralscoin logo.

very cool logo!
I think we gotta vote for the best logo. Quite a few logos were posted here, I'll try to gether em all up in one post so it'll be easier to see what's the best one

nice indeed i vote for this one