[ANN][MID]MidasCoin|New Scrypt PoM|Backed Value|ATM card|Referral|NO IPO|UNIQUE

[IceColdTommy]

it's been about 2000 blocks since I found coins and they're still not confirmed - it looks like these guys don;t want to give up any coins... LOL

lol 2000 blocks but only 341 block is mined so far, plus i got confirmed coins

oops - sorry - 200 blocks. on my pools I let people have them after 120 blocks...

well i mine midas from block 1 and so far i have confirmed coins, so i think there is no issue in that part

[btcltcdigger]

Devs. How are you going to buy "a minimum daily increment of 333 grams" once you dont have the hashrate to mine other coins at huge profits?  Give it three days and your pool will be a ghost town.... then what?

They have funds to keep up their part of the bargain

[minairia3]

Torn over to call this a scam.  They haven't actually lied. Yet.  I don't think there is any gold now. If they actually want to get rich and not just go crazy for a couple weeks with Albanian whores and cheap booze in Bulgaria then they'll take all that LiteCoin and convert into gold and follow the plan in the OP.

Unfortunately most altcoin scammers go for the quick buck and vanish, i.e. there will soon be some Albanian whores who can't sit down for a week.

I think their idea is great; if they scam out I hope some other group of devs takes the concept and goes big with it.

It always seems like the best altcoin ideas get posted up to BTC by crooks because real devs are too cautious or lack the imagination to try new stuff.

[MidasCoin]

NEW WALLET AND SOURCE CODE RELEASED

New wallet/daemon available - Mandatory UPDATE to version 80702

https://i.imgur.com/CiCEuVz.png

If you are using the version 80701, you should upgrade your wallet/daemon ASAP

https://github.com/MidasPaymentLTD/midascoin/


DEVELOPMENT STATUS:

Completed:

- Mining profit api patch.

- Block confirmation on Midaspool.

- Source code and wallet update to version 80702

- Enhanced Pool stability.


To Do:

- Expected shares on Midaspool.com dashboard show a value higher then intended.

- Other minor reporting glitch on Midaspool.com

- Restart community support and helpdesk

http://api.midaspay.io/img/eco.png    http://api.midaspay.io/img/profit.png

#Midascoin is the currncy that you can mine for years!

[davo]

DEVELOPMENT STATUS:


Completed:
- Mining profitability api now show correct value

- Block on the pool are confirmed accordingly at 120 confrms

- Source update complete, new version pushed: "version" : 80702
*We are updating our nodes, the source will be RE-released after the update of official nodes.  Wallet upgrade is required for people running version 80701 (the version available at launch)

- Linux wallet compiled with new version 80702

To do:

- Correct the expected shares in the pool dashboard

- Correct other minor reporting on the pool dashboard

- Inform properly the community about wallet upgrade

- Restart helpdesk and community support (Community bounty and non-technical assistance)

http://api.midaspay.io/img/eco.png    http://api.midaspay.io/img/profit.png

#Midascoin is the currency that you can mine for years.

Just downloaded the new wallet, but it won't sync.

its saying: No block source available

[MidasAlchemist]

DEVELOPMENT STATUS:


Completed:
- Mining profitability api now show correct value

- Block on the pool are confirmed accordingly at 120 confrms

- Source update complete, new version pushed: "version" : 80702
*We are updating our nodes, the source will be RE-released after the update of official nodes.  Wallet upgrade is required for people running version 80701 (the version available at launch)

- Linux wallet compiled with new version 80702

To do:

- Correct the expected shares in the pool dashboard

- Correct other minor reporting on the pool dashboard

- Inform properly the community about wallet upgrade

- Restart helpdesk and community support (Community bounty and non-technical assistance)

http://api.midaspay.io/img/eco.png    http://api.midaspay.io/img/profit.png

#Midascoin is the currency that you can mine for years.

Just downloaded the new wallet, but it won't sync.

Try adding the following nodes to get the wallet to sync:

node1.midascoin.io
node2.midascoin.io
node3.midascoin.io
node4.midascoin.io
node5.midascoin.io
node6.midascoin.io
node7.midascoin.io
node8.midascoin.io
node9.midascoin.io

[davo]

DEVELOPMENT STATUS:


Completed:
- Mining profitability api now show correct value

- Block on the pool are confirmed accordingly at 120 confrms

- Source update complete, new version pushed: "version" : 80702
*We are updating our nodes, the source will be RE-released after the update of official nodes.  Wallet upgrade is required for people running version 80701 (the version available at launch)

- Linux wallet compiled with new version 80702

To do:

- Correct the expected shares in the pool dashboard

- Correct other minor reporting on the pool dashboard

- Inform properly the community about wallet upgrade

- Restart helpdesk and community support (Community bounty and non-technical assistance)

http://api.midaspay.io/img/eco.png    http://api.midaspay.io/img/profit.png

#Midascoin is the currency that you can mine for years.

Just downloaded the new wallet, but it won't sync.

Try adding the following nodes to get the wallet to sync:

node1.midascoin.io
node2.midascoin.io
node3.midascoin.io
node4.midascoin.io
node5.midascoin.io
node6.midascoin.io
node7.midascoin.io
node8.midascoin.io
node9.midascoin.io

Thanks that did it, its sycn now

[boxxa]

If you mind in their pool, you get coins which you can spend on their store and get gift cards. 300MH/s mining for 8 hours from the start of the pool got me 30MID so I am almost at a $10 master card gift card.

[MidasCoin]

If you mind in their pool, you get coins which you can spend on their store and get gift cards. 300MH/s mining for 8 hours from the start of the pool got me 30MID so I am almost at a $10 master card gift card.

Launch has been pure madness, over 30 Ghash hashrate.

Now situation is stabilizing around the expected mining profitabilty.

[boxxa]

If you mind in their pool, you get coins which you can spend on their store and get gift cards. 300MH/s mining for 8 hours from the start of the pool got me 30MID so I am almost at a $10 master card gift card.

Launch has been pure madness, over 30 Ghash hashrate.

Now situation is stabilizing around the expected mining profitabilty.

You build a gold backed coin, have your own store, exchange, master card integration, and a single pool and didn't expect people to point ASICs to your pool? Dear god.

[IMJim]

If you mind in their pool, you get coins which you can spend on their store and get gift cards. 300MH/s mining for 8 hours from the start of the pool got me 30MID so I am almost at a $10 master card gift card.

Launch has been pure madness, over 30 Ghash hashrate.

Now situation is stabilizing around the expected mining profitabilty.

Yeah, I'd say......looked all the new scrypt asics showed up for this one lol!  I got me a whole 7 coins with my 50 mh/s:-)  Personally never experienced such high hash rates on the launch of a coin, people showing up with gigahashes instead of megahashes, craziness!

[BossBee]

Im ready to cash out for my Gold now

[travis72682]

If you mind in their pool, you get coins which you can spend on their store and get gift cards. 300MH/s mining for 8 hours from the start of the pool got me 30MID so I am almost at a $10 master card gift card.

Launch has been pure madness, over 30 Ghash hashrate.

Now situation is stabilizing around the expected mining profitabilty.

still not quite worth mining. Im watching it.. Im just torn as to mine it when it is "worth it" mathmatically. Im worried at the point it becomes profitable to mine, the pool wont have enough hash to keep their promises over time..

[bitcoinwonders010]

is this coin on a exchange

[MidasCoin]

is this coin on a exchange

Hello,

We are proud to not be one of those "Premade coin packages" with guaranteed exchange listing on day 1.

#midascoin is up and rocking, but has been launched only  21 hours ago. 

Exchange will get in contact and list us "naturally" later on.

[jjj0923]

the linux wallet want a conf file - please supply that information like every other coin does...

thanks

[solid12345]

I want to know how Midascoin got my email address

I've heard of a pool leaking an email list but I am not a miner and have never joined a pool.

[btcltcdigger]

the linux wallet want a conf file - please supply that information like every other coin does...

thanks

why do you need a conf file?

[travis72682]

I want to know how Midascoin got my email address

I've heard of a pool leaking an email list but I am not a miner and have never joined a pool.

The fact that the devs obviously did some shady shit to get email addresses should throw up RED FLAGS if nothing else...

[drippx]

I want to know how Midascoin got my email address

I've heard of a pool leaking an email list but I am not a miner and have never joined a pool.

Maybe you typed your email on their site or something? but yeah these guys seem the type to coollect every info from their users to use it for later