[ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]

[andyatcrux]

I have been at hashstrike and am too lazy to go change my settings to move at the moment. I do agree that if they are heading to 51% than registrations should stop. This seems customary and perfectly sensible.

[matoy]

I don't understand why people go on the same big pool.
Is it because it's number one on the first post list?
The second on the lise is 0% fee, stable, professional, what's the point of getting elsewhere? It's a real question, not a promoting message.

thank you & +1, i really wonder why it is so ;-)
Anyway, hashrapid (the first in the post) is not the biggest.
I would guess people are used to mine other coins at hashstrike; it might be a pool op/miners trust relation.

[hamiltino]

its going to be really interesting what happens to this coin when block rewards 1/2 in a few days. IMO 2 scenarios:

1. Mintcoin dies.

2. The price of mintcoin increases to reflect the decrease in block rewards

thoughts any1?

[klaczak]

its going to be really interesting what happens to this coin when block rewards 1/2 in a few days. IMO 2 scenarios:

1. Mintcoin dies.

2. The price of mintcoin increases to reflect the decrease in block rewards

thoughts any1?

1.  no
2. yes (but we need to spread this coin , comunity must be large as doge comunity)

[kopam]

its going to be really interesting what happens to this coin when block rewards 1/2 in a few days. IMO 2 scenarios:

1. Mintcoin dies.

2. The price of mintcoin increases to reflect the decrease in block rewards

thoughts any1?

1.  no
2. yes (but we need to spread this coin , comunity must be large as doge comunity)

+1 ! More attention to this coin is needed !
And a new fancy web page would do a great job for that. When new people come they for sure wanna see a nice looking web page with all the info on it. Dev already said they are working on that.
If you need any help tell us, i am sure a lot of people are willing to help

[boubou]

Block reward will halved, but difficulty is still low at the beginning of second week I assume, so it probably still be profitable.
As it's a PoS coin, the dump may be limited.
Anyway, it did not reach any major exchange yet.

[stackmint]

Personally I'm on hashrapid and it's been great so far.  I picked them because I used them for their TOP pool, payments came quick so why not.

Difficulty just jumped by 10!  we are at 24 now.   Things will get very interesting in the next few weeks.

[nickenburg]

Yes i personally think a new website would attract more early Mintcoin adopters.
It doesnt look as proffesional as it can be.
I really like the idea of this coin tho, i will be mining this in the next few weeks on my poor videocard.
I just wish i have some more hashes.
You can also trade it at https://www.mintpal.com
Not a major enchange but you can exchange already!

Edit: Please fill in this https://docs.google.com/forms/d/1IZf5cBivam_93zENT_arFFuvWDidHGjWxoTMVmFSoWg/viewform

[appbox]

pool


http://115.28.129.207:8888/index.php?page=statistics&action=pool

[hamiltino]

Current Difficulty   14.69074237

Wtf went down alot of people are leaving.

[Taxidermista]

Current Difficulty   14.69074237

Wtf went down alot of people are leaving.

Big hashrate fluctuations, is there any multipool milking (pun intended) this coin?

[koprobo]

Like always, on start is pump and after few days diff is lower and everyone can mine without problems

[David Latapie]

after the first year, Mint will have a maximum of 84 billion coins? (70BB + 20%) or will the maximum always be 70BB?

Yes, 20% inflation (MUCH more than fiat money). Actually a little less cause some people will keep their wallets down.

Can you explain how it is a bad idea to keep the wallet down?


This is a genuine question, I still have a hard time understanding this whole crypto things (and I still can't mine because GUIminer-scrypt tells me there's something wrong with my configuration).

Thanks.

[sakkosekk]

after the first year, Mint will have a maximum of 84 billion coins? (70BB + 20%) or will the maximum always be 70BB?

Yes, 20% inflation (MUCH more than fiat money). Actually a little less cause some people will keep their wallets down.

Can you explain how it is a bad idea to keep the wallet down?


This is a genuine question, I still have a hard time understanding this whole crypto things (and I still can't mine because GUIminer-scrypt tells me there's something wrong with my configuration).

Thanks.

Regarding your miner; Don't use the GUI interface, it causes more problems than it resolves Run cgminer with a .bat file and cmd. It is not as difficult as it looks like. Once you get a hold of it you'll realize it's not difficult at all, that is what I did. Read the cgminer 'read-me' and you will get the hang of it.

[nequaquamvacui]

Current Difficulty   14.69074237

Wtf went down alot of people are leaving.

Big hashrate fluctuations, is there any multipool milking (pun intended) this coin?

This hashrate fluctuations seem to have been there since the start. It's jumping between 1.5 and 5 Gh/s, difficulty goes down to 14 and then up to above 30 again.
Personally I don't mind if the rate goes down from time to time (instead of steady upwards), I'm only mining on a single card.

[sakkosekk]

Current Difficulty   14.69074237

Wtf went down alot of people are leaving.

Big hashrate fluctuations, is there any multipool milking (pun intended) this coin?

This hashrate fluctuations seem to have been there since the start. It's jumping between 1.5 and 5 Gh/s, difficulty goes down to 14 and then up to above 30 again.
Personally I don't mind if the rate goes down from time to time (instead of steady upwards), I'm only mining on a single card.

I've been jumping coins a bit lately. Mined MINT all night, but when the diff gets to high I have to redirect my R9 270

[matoy]

Again... but it seems nobody cares about that...
hashstrike pool hashrate is 1,4GH/s; network hash is 2,2GH/s... That means 63% of hash power at the same pool!

Maybe that could be interesting litterature to some people, it's about bitcoin but current situation is similar:
http://bitcoinowl.com/bitcoin-mining-pool-ghashio-preventing-accumulation-51-all-hashing-power

That's why i would suggest to spread hash power (and eventually come @ coins4everyone.com but not necessarily)

-> http://mnt.coins4everyone.com!

Still with 0% fee on MintCoin mining.
Absolute 0 fee (including Auto & Manual payments).

To get plenty of coins, just point your miners to:
Stratum: stratum+tcp://mnt.coins4everyone.com
Port: 3445
Algorithm: scrypt
Username: Weblogin.Worker
Password: Worker Password

[Prolifik]

Buy this coin while it's cheap!!!

[hamiltino]

after the first year, Mint will have a maximum of 84 billion coins? (70BB + 20%) or will the maximum always be 70BB?

Yes, 20% inflation (MUCH more than fiat money). Actually a little less cause some people will keep their wallets down.

Can you explain how it is a bad idea to keep the wallet down?


This is a genuine question, I still have a hard time understanding this whole crypto things (and I still can't mine because GUIminer-scrypt tells me there's something wrong with my configuration).

Thanks.

the guy is an idiot don't listen to him, he doesn't know what inflation means. 20% more money in circulation does not equal 20% inflation.

By his logic, bitcoin should have massive inflation because of all the new bitcoins being generated every year.

[foodies123]

after the first year, Mint will have a maximum of 84 billion coins? (70BB + 20%) or will the maximum always be 70BB?

Yes, 20% inflation (MUCH more than fiat money). Actually a little less cause some people will keep their wallets down.

Can you explain how it is a bad idea to keep the wallet down?


This is a genuine question, I still have a hard time understanding this whole crypto things (and I still can't mine because GUIminer-scrypt tells me there's something wrong with my configuration).

Thanks.

the guy is an idiot don't listen to him, he doesn't know what inflation means. 20% more money in circulation does not equal 20% inflation.

By his logic, bitcoin should have massive inflation because of all the new bitcoins being generated every year.

true dat, inflation is only possible when a currency is backed by palpable assets, meaning the same asset will be split among more currency when new currency is issued, crypto on the other hand is backed up by nothing but pure awsomeness thus is not subject to inflation.