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Author Topic: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE  (Read 244422 times)
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mimini0147
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September 23, 2014, 10:27:54 AM
 #221

What do you guys think what price it can go to on bittrex?

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable   Wink

BTC's price going down, it will reach   200$ ~ 300$ in few month

Don't hold your breath  Wink

But i share ur opinion, Midas's price will back to Gold's price, or maybe +10%

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September 23, 2014, 10:47:14 AM
 #222

how many coins now mining ?
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September 23, 2014, 11:52:10 AM
 #223

how many coins now mining ?

пиздец, 28,800 MIDAS каждый день.
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September 23, 2014, 12:20:13 PM
 #224

how many coins now mining ?

Block reward is 50 coins each block for the first 30 days, that mean 28800 coins/day.

It drop every month based on the following reduction scheme.

After 36 months, the supply go fixed at 2 coins/block without cap.

http://midascoin.io/full-block-reward

Regards
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September 23, 2014, 01:40:37 PM
 #225

What do you guys think what price it can go to on bittrex?

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable   Wink

BTC's price going down, it will reach   200$ ~ 300$ in few month

Don't hold your breath  Wink

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm



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mneehon
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September 23, 2014, 01:45:04 PM
 #226

I sent my coin from the pool to the wallet, trying to send to exchange from wallet I get an error "insufficient funds" when trying to send the balance.  I only have a few coins and they show 13 confirmations, why am I getting this error trying to send my coins?

Hello,

Our network apply a 1% transaction tax as revenue model for the Midas Payment LTD.
This is stated also in the first post.

This mean that if you have (example) 100 coins, and you try to send 100, it will say insufficient funds.
You have to send as max 100-(1%).

We will update our wallet for do this adjustment automatically.

Regards

Actually looks like double taxation to me because there is only one centralized pool, and while it doesn't force you to withdraw, it annoys the hell of you after 250 MIDAS is accumulated.  So miner pays 1% when moving coins from pool to wallet, and then another 1% when actually paying with coin to a vendor, 2% total.  The only way to avoid paying network tax twice is to use coins from pool to pay directly to a vendor.

edit:  I take that somewhat back.  Most other pools have pool fee, MIDAS pool doesn't, so this "withdrawal" 1% tax is roughly equivalent to pool fees others charge.

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September 23, 2014, 03:01:28 PM
 #227

What do you guys think what price it can go to on bittrex?

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable   Wink

BTC's price going down, it will reach   200$ ~ 300$ in few month

Don't hold your breath  Wink

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

i feel like it has alot of support around 400, it has been pretty stable for the last few days. and midas coin is independent of bitcoin since it is back by gold. so bitcoin could totally die and we can still be mining midas coin and making profit.

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September 23, 2014, 03:07:13 PM
 #228

What do you guys think what price it can go to on bittrex?

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable   Wink

BTC's price going down, it will reach   200$ ~ 300$ in few month

Don't hold your breath  Wink

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

i feel like it has alot of support around 400, it has been pretty stable for the last few days. and midas coin is independent of bitcoin since it is back by gold. so bitcoin could totally die and we can still be mining midas coin and making profit.

It's not abut Alibaba or 40 thief, it's nature law, Bitcoin need to back at 200-300$.

ChipMixer.com.|.Mixing reinvented for your privacy.|.ChipMixerwzxtzbw.onion
Razerglass
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September 23, 2014, 03:09:04 PM
 #229

What do you guys think what price it can go to on bittrex?

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable   Wink

BTC's price going down, it will reach   200$ ~ 300$ in few month

Don't hold your breath  Wink

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

i feel like it has alot of support around 400, it has been pretty stable for the last few days. and midas coin is independent of bitcoin since it is back by gold. so bitcoin could totally die and we can still be mining midas coin and making profit.

It's not abut Alibaba or 40 thief, it's nature law, Bitcoin need to back at 200-300$.

the lower the bitcoin price drops the more people will be interested in hopping on the roller coaster.

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September 23, 2014, 03:14:54 PM
 #230

What do you guys think what price it can go to on bittrex?

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable   Wink

BTC's price going down, it will reach   200$ ~ 300$ in few month

Don't hold your breath  Wink

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

i feel like it has alot of support around 400, it has been pretty stable for the last few days. and midas coin is independent of bitcoin since it is back by gold. so bitcoin could totally die and we can still be mining midas coin and making profit.

It's not abut Alibaba or 40 thief, it's nature law, Bitcoin need to back at 200-300$.

the lower the bitcoin price drops the more people will be interested in hopping on the roller coaster.
LOL

Dsb6Mc9TgGV1i3rzcbQeuWMni6Ve2sbXP2G
Razerglass
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September 23, 2014, 03:21:07 PM
 #231

What do you guys think what price it can go to on bittrex?

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable   Wink

BTC's price going down, it will reach   200$ ~ 300$ in few month

Don't hold your breath  Wink

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

i feel like it has alot of support around 400, it has been pretty stable for the last few days. and midas coin is independent of bitcoin since it is back by gold. so bitcoin could totally die and we can still be mining midas coin and making profit.

It's not abut Alibaba or 40 thief, it's nature law, Bitcoin need to back at 200-300$.

the lower the bitcoin price drops the more people will be interested in hopping on the roller coaster.
LOL

only the bagholders hate that idea.

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September 23, 2014, 03:24:08 PM
 #232

What do you guys think what price it can go to on bittrex?

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable   Wink

BTC's price going down, it will reach   200$ ~ 300$ in few month

Don't hold your breath  Wink

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

i feel like it has alot of support around 400, it has been pretty stable for the last few days. and midas coin is independent of bitcoin since it is back by gold. so bitcoin could totally die and we can still be mining midas coin and making profit.

It's not abut Alibaba or 40 thief, it's nature law, Bitcoin need to back at 200-300$.

the lower the bitcoin price drops the more people will be interested in hopping on the roller coaster.
LOL

only the bagholders hate that idea.
  I bought some mid

Dsb6Mc9TgGV1i3rzcbQeuWMni6Ve2sbXP2G
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September 23, 2014, 03:43:31 PM
 #233

What do you guys think what price it can go to on bittrex?

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable   Wink

BTC's price going down, it will reach   200$ ~ 300$ in few month

Don't hold your breath  Wink

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

i feel like it has alot of support around 400, it has been pretty stable for the last few days. and midas coin is independent of bitcoin since it is back by gold. so bitcoin could totally die and we can still be mining midas coin and making profit.

It's not abut Alibaba or 40 thief, it's nature law, Bitcoin need to back at 200-300$.

the lower the bitcoin price drops the more people will be interested in hopping on the roller coaster.
LOL

only the bagholders hate that idea.
  I bought some mid


good, in two years each of those coins will be worth $2.65

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September 23, 2014, 05:27:23 PM
 #234

I was recommended to look at MIDAS COIN via POLONIEX TROLLBOX..I will check it out fully to see if we need to purchase a bag for QBK assets. I can also do a nice article too. Smiley.

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MidasCoin
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September 23, 2014, 05:36:09 PM
 #235

King of the Pool Contest is live.  Congratulations to the first King Stoner19, who will hold the crown for the next  24 Hours!

All the rules and stats will be updated in the pool homepage soon.  Meanwhile, that a look that the faq on the first post.
locohammerhead
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September 23, 2014, 05:40:24 PM
 #236

Is there another pool for this coin?  The one pool that is setup my ASICs don't like.  They will run for about 10 minutes, then will drop in hashrate and eventually stop all together.  I also noticed the difficulty jumping an awful lot.  It would go from 1600 to 600 to 200 to 1 and the back up almost randomly.  I think this may be causing a problem for my machines.

I am really interested in mining this coin as I believe the value will go up after than the calculator shows.  But as I understand this coin is supposed to be ASIC compatible but not so much with the FURYs.

Any suggestions?  Maybe another pool I can try?  A lot of the time if im having a problem it's usually with how the pool is setup and using a different pool fixes the situation.

Edit: for some reason "maybe but most likely not" keeps getting put after my question about another pool.  So please disregard that.  I really don't know why it keeps showing up in there.

Razerglass
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September 23, 2014, 06:04:50 PM
 #237

Is there another pool for this coin?  The one pool that is setup my ASICs don't like.  They will run for about 10 minutes, then will drop in hashrate and eventually stop all together.  I also noticed the difficulty jumping an awful lot.  It would go from 1600 to 600 to 200 to 1 and the back up almost randomly.  I think this may be causing a problem for my machines.

I am really interested in mining this coin as I believe the value will go up after than the calculator shows.  But as I understand this coin is supposed to be ASIC compatible but not so much with the FURYs.

Any suggestions?  Maybe another pool I can try?  A lot of the time if im having a problem it's usually with how the pool is setup and using a different pool fixes the situation.

Edit: for some reason "maybe but most likely not" keeps getting put after my question about another pool.  So please disregard that.  I really don't know why it keeps showing up in there.

you can try the low and average stratum.

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locohammerhead
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September 23, 2014, 06:11:28 PM
 #238

So I figured out the problem.  The version of SGMiner I was using was using CGMiner 3.*.* which isnt supported by the pool.  Downloaded 4.7 and everything looks to be working now Cheesy.  This actually helped me a lot seeing I was having problems with other pools as well.

mneehon
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September 23, 2014, 06:13:03 PM
 #239

Is there another pool for this coin?  The one pool that is setup my ASICs don't like.  They will run for about 10 minutes, then will drop in hashrate and eventually stop all together.  I also noticed the difficulty jumping an awful lot.  It would go from 1600 to 600 to 200 to 1 and the back up almost randomly.  I think this may be causing a problem for my machines.

I am really interested in mining this coin as I believe the value will go up after than the calculator shows.  But as I understand this coin is supposed to be ASIC compatible but not so much with the FURYs.

Any suggestions?  Maybe another pool I can try?  A lot of the time if im having a problem it's usually with how the pool is setup and using a different pool fixes the situation.

Edit: for some reason "maybe but most likely not" keeps getting put after my question about another pool.  So please disregard that.  I really don't know why it keeps showing up in there.

Same here, G-blades on Windows using cpuminer will work for some time, and then stop.  They may restart at some point, but not always.  G-blades on Raspi work much better, but accepted hashrate variations are huge.  I tried to run separate instances of cpuminer per blade on Windows using stratumaverage.midaspool, same thing, first all is well, diff 512, occasionally going up to 6xx range, and then at some point mining stops, all I see is "stratum detected a new block" messages.  Using stratumlow didn't help either, same scenario, at first all is good, diff climbes according to hashrate, and then at some point mining stops, diff drops to teens, and again just "detected new block" messages...

edit: BTW, on the same computer, same blades/cpuminer work just fine on nicehash with diff 512, and on clevermining with diff256/512, so it is something about midas pool for sure...

locohammerhead
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September 23, 2014, 07:59:21 PM
 #240

Is there another pool for this coin?  The one pool that is setup my ASICs don't like.  They will run for about 10 minutes, then will drop in hashrate and eventually stop all together.  I also noticed the difficulty jumping an awful lot.  It would go from 1600 to 600 to 200 to 1 and the back up almost randomly.  I think this may be causing a problem for my machines.

I am really interested in mining this coin as I believe the value will go up after than the calculator shows.  But as I understand this coin is supposed to be ASIC compatible but not so much with the FURYs.

Any suggestions?  Maybe another pool I can try?  A lot of the time if im having a problem it's usually with how the pool is setup and using a different pool fixes the situation.

Edit: for some reason "maybe but most likely not" keeps getting put after my question about another pool.  So please disregard that.  I really don't know why it keeps showing up in there.

Same here, G-blades on Windows using cpuminer will work for some time, and then stop.  They may restart at some point, but not always.  G-blades on Raspi work much better, but accepted hashrate variations are huge.  I tried to run separate instances of cpuminer per blade on Windows using stratumaverage.midaspool, same thing, first all is well, diff 512, occasionally going up to 6xx range, and then at some point mining stops, all I see is "stratum detected a new block" messages.  Using stratumlow didn't help either, same scenario, at first all is good, diff climbes according to hashrate, and then at some point mining stops, diff drops to teens, and again just "detected new block" messages...

edit: BTW, on the same computer, same blades/cpuminer work just fine on nicehash with diff 512, and on clevermining with diff256/512, so it is something about midas pool for sure...

This actually took me a long time to figure out.  Check to see if the software you are running is CGMiner 3.* if it is look for 4.7.1.  I've been using that for an hour so far without problems.

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