[ANN]: [Mana] : SCRYPT coin designed for mining (LOW BLOCK REWARDS+HARD TO MINE)

[Soul_eater_123]

Mana - A coin designed with mining, stability and value in mind

• Scarce
• Stable value
• Slowly Mined
• Dump resistant

Total coins: 500,000 reached in approx 85.5 yrs
Block Reward: 1 coin (24 per day, 8760 coins per year)
Block Halving: After 250,000 blocks (approx 28.5 yrs)
Difficulty Retarget: Every 5 blocks
Block time: 60 minutes
Block Maturity: 10 blocks
P2P port: 11032
RPC port: 21032
DNS seed: addnode=178.62.1.161:11032
(Note - 120 blocks instamined during testing to be used for bounties & 20 coins each for new team members.)




The aim with Mana is primarily to have a coin that is difficult and hence rewarding to mine, a currency that can be used as a store of value with deflationary characteristics.  The low block rewards and long block times are designed to prevent the devaluation that occurs as a result of mined coins being dumped on exchanges.  In addition the long block time combined with the 10 required confirmations are also designed to discourage panic selling.  
If you believe in the principles of this coin then we need your help and support.  We created Mana out of frustration as miners because despite the myriad of altcoins nobody seemed to really be addressing this niche, dealing with both tight coin supply and coin production.  We are not experts and so are grateful for any and all community help.

Windows wallet link: https://mega.co.nz/#!TswRlTbI!AwVJ6QT2Ko45P_5H5qmXfXHAtGQMtIb8l5-6wFnlGrI
Mac wallet: https://mega.co.nz/#!OsQDRb5Y!fj2uSlt5vkcgTnqHtCI_zrg8lkdbgnhLnH-E8ZdEGTw
Linux wallet: (not available - help appreciated) 5 Mana Reward
Source: https://github.com/ManaCoinTeam/manasource

Block Explorer: http://blockexperts.com/mana

Pools:
Solo mining only at present.
Please get in touch if you have a pool to add.


Cryptocointalk: https://cryptocointalk.com/topic/14702-mana-mana-information/

Twitter: https://twitter.com/mana_coin

Exchanges:
None at present.

We are looking for team members to provide technical assistance for further development of the wallet etc.  Please get in touch if interested.

We also need a new logo.  Once we have enough submissions we will have a community poll with a 5 MANA bounty for the winner and 1 MANA each for 2 runners up:)  I have provisionally changed to a new less garish white background logo.  It's plain but I think any change to the old logo is an improvement!

[1714062225]

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[1714062225]

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[1714062225]

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[1714062225]

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[fabula]

Blockchain link please?

[Soul_eater_123]

Blockchain link please?

Do you mean a seednode?  It's in the OP.

[LordCoder]

This coin difficulty will be like 999999 because 60 mins time is a lot.

[LordCoder]

Someone's on the first pool with 209,640 khash/sec 

[Soul_eater_123]

Someone's on the first pool with 209,640 khash/sec 

Wow.  That's a lot of mining hardware.

[LordCoder]

Someone's on the first pool with 209,640 khash/sec  

Wow.  That's a lot of mining hardware.

Now 466,399 khash/sec. Fake or real? Diff is 55 now :O

[Soul_eater_123]

Someone's on the first pool with 209,640 khash/sec  

Wow.  That's a lot of mining hardware.

Now 466,399 khash/sec. Fake or real? Diff is 55 now :O

How could it be faked though?  Must be someone with a building full of ASICs.

[LordCoder]

Someone's on the first pool with 209,640 khash/sec  

Wow.  That's a lot of mining hardware.

Now 466,399 khash/sec. Fake or real? Diff is 55 now :O

How could it be faked though?  Must be someone with a building full of ASICs.

He could be the pool owner, then it's easy to edit that info. Maybe he's kidding us xD

[Soul_eater_123]

Someone's on the first pool with 209,640 khash/sec  

Wow.  That's a lot of mining hardware.

Now 466,399 khash/sec. Fake or real? Diff is 55 now :O

How could it be faked though?  Must be someone with a building full of ASICs.

He could be the pool owner, then it's easy to edit that info. Maybe he's kidding us xD

The difficulty is at 55 though so I don't know.

[ChickenSesame]

NASA please calm down with the Manacoin mining

[LordCoder]

bat is very stupid. He is wasting mining power because the difficulty will increase with his hashrate and he is f*cking the other miners.

[GC-Pool]

fgminer version 4.5.0 - Started: [2014-08-28 18:47:48]
----------------------------------------------------------------------------------
(5s): 689K (avg):728Kh/s | A:32729788  R:24414  HW:2 U:6,9/m  WU:0,0/m
ST: -  SS:0  NB: 27  LW: 692  GF: 0  RF: 0
Connected to stratum+tcp://gc-pool.ddns.net:3351 diff 0,00258941

Thats only my little GS

Pool got 600 MHS / Nethash 3 GHS

[Soul_eater_123]

Yes I don't understand the reasoning for going to such a high hash when it's not needed.  Just wastes electricity.

[Soul_eater_123]

fgminer version 4.5.0 - Started: [2014-08-28 18:47:48]
----------------------------------------------------------------------------------
(5s): 689K (avg):728Kh/s | A:32729788  R:24414  HW:2 U:6,9/m  WU:0,0/m
ST: -  SS:0  NB: 27  LW: 692  GF: 0  RF: 0
Connected to stratum+tcp://gc-pool.ddns.net:3351 diff 0,00258941

Thats only my little GS

Pool got 600 MHS / Nethash 3 GHS

I only have 600KH/s too.  Those figures are like BTC ASIC level figures.

[LordCoder]

fgminer version 4.5.0 - Started: [2014-08-28 18:47:48]
----------------------------------------------------------------------------------
(5s): 689K (avg):728Kh/s | A:32729788  R:24414  HW:2 U:6,9/m  WU:0,0/m
ST: -  SS:0  NB: 27  LW: 692  GF: 0  RF: 0
Connected to stratum+tcp://gc-pool.ddns.net:3351 diff 0,00258941

Thats only my little GS

Pool got 600 MHS / Nethash 3 GHS

I only have 600KH/s too.  Those figures are like BTC ASIC level figures.

Bitcoin ASICs are more than this hash rate. It looks real. He might have a really big farm.

[GC-Pool]

Strike !

3 Blocks in a Row ;-)

[LordCoder]

Mining info in 1 hour:

18:28:08

{
"blocks" : 122,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 0.64416726,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 692824,
"pooledtx" : 0,
"testnet" : false
}


19:27:14

{
"blocks" : 142,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 55.62431203,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 3717335,
"pooledtx" : 0,
"testnet" : false
}

[elektrax]

{
"blocks" : 142,
"difficulty" : 55.62431203,

reward 1
yeah right
im out

[litecoin111]

This coin difficulty will be like 999999 because 60 mins time is a lot.

the estimate on coins/day keeps dropping hard lol the fact that its rare isn't really enough to get the value high enough to justify mining constantly..

The aim is that the difficulty in mining will give it it's value, in the same way that gold or other hard to obtain metals get their value.

I get the idea, but most other coins with only a million cant even be mined and have tons of features...I see no features..