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

[ShibeonBarkmont]

18 days to go before my mintcoin get interests.

LOL I am in the same boat. Counting down the days.

[valley365]

But remember guys, you can only mine this for 5 weeks!

why cant I mine longer?

Well you can but after 5 weeks it's 1 coin per block. At that time it's POS and not POW.
(Proof of stake instead of Proof of Work)
You get interest on the amount of coins you have in your wallet, you're "mining" by owning coins.
Proof of Work is when you are mining with your gpu/etc and solved algorithms to get rewarded with coins!

so after 5 weeks no one has to mine to keep the network alive?

I guess! Some will still mine and get 1 coin per block. Maybe they will receive a few k/day but the majority of coins will be rewarded through having coins!

This is how I get it atleast!

Pos blocks are continuing to be generated,so even no one mine PoW blocks, the network/coin still alive, the transactions and newly generated coins (from both pos and pow) will still mature after 50 confirmations (most with pos blocks than pow blocks).

[blueangel01]

18 days to go before my mintcoin get interests.

LOL I am in the same boat. Counting down the days.

I have never received any block rewards from POS that i have, PPC and NXT.

[ellave]

Does our wallet need to be online continuously to earn the interest?

[ShibeonBarkmont]

18 days to go before my mintcoin get interests.

LOL I am in the same boat. Counting down the days.

I have never received any block rewards from POS that i have, PPC and NXT.

This is my first POS crypto. I like the idea, lets see how it works out.

[Prolifik]

TY people selling @ 6 satoshi

You're going to make me a very rich Mintcoin holder.

[blueangel01]

Does our wallet need to be online continuously to earn the interest?

According to the 1st page, NO you don't have to open it all the time.

[kknk808]

18 days to go before my mintcoin get interests.

LOL I am in the same boat. Counting down the days.

I have never received any block rewards from POS that i have, PPC and NXT.

NXT requires you to have a some NXT to forge (around50-100k at least to forge more consistently) along with the client running to forge blocks. PPC requires you to have your coins in the wallet for 30 days prior to starting to POS.

if you want to see how POS sort of works you can look at GRAIN. It uses same style as PPC.

[luckyguy2807]

How this interest works? Is based on what?

[dreamlucky]

http://s16.postimg.org/62uc8526t/mint.jpg

Check out this potential minting profit!

[bjmillican4]

So I lost a bunch of coins today and yesterday with hashrapid, and now I'm still getting charged the 2% fee, even though it is supposedly waived.  Hashstrike has been pretty good, but tonight after 30 minutes or so I get a message in cgminer that I'm "temporarily banned" from the site and cpuminer loses the connection.  If I stop the miners and restart, they will work again for a while.

These 2 sites seem to have the largest amounts of miners, but I'm wondering if anyone else can recommend a good pool.

Thanks

[tylerbrad85]

So I lost a bunch of coins today and yesterday with hashrapid, and now I'm still getting charged the 2% fee, even though it is supposedly waived.  Hashstrike has been pretty good, but tonight after 30 minutes or so I get a message in cgminer that I'm "temporarily banned" from the site and cpuminer loses the connection.  If I stop the miners and restart, they will work again for a while.

These 2 sites seem to have the largest amounts of miners, but I'm wondering if anyone else can recommend a good pool.

Thanks

coins4everyone is also a good pool that I used when both hashstrike was down yesterday while pool was getting fixed.

http://mnt.coins4everyone.com/

[bjmillican4]

Thanks.  I will give it a go.  Something is goofy.  I was just ran two miners simultaneously for 30 minutes on each site.  Nothing scientific, as I wasn't intentionally comparing the two, but the results were noticeable:

200Kh/s at Hashstrike = appx. 2000 coins

430Kh/s at Hashrapid = appx. 1700 coins

cgminer was constantly resetting the network difficulty on both and both had quite a few rejections.  I'm new at this, but could it be anything other than the pools (or me)?

[luckyguy2807]

Tweet this message : @CoinMarketio Do you consider adding #mintcoin ? @MintcoinTeam
It has +30 btc volume on http://mintpal.com

[DaytonC]

Thanks.  I will give it a go.  Something is goofy.  I was just ran two miners simultaneously for 30 minutes on each site.  Nothing scientific, as I wasn't intentionally comparing the two, but the results were noticeable:

200Kh/s at Hashstrike = appx. 2000 coins

430Kh/s at Hashrapid = appx. 1700 coins

cgminer was constantly resetting the network difficulty on both and both had quite a few rejections.  I'm new at this, but could it be anything other than the pools (or me)?

The amount of coins generated per block is between 100000 - 900000 coins.

[luckyguy2807]

mintpal down?

[klaczak]

Check out this potential minting profit!

+1
     
     I must buy more mints   

    Dev put this on first site, People like to see what they can gain

[NeedVIP]

I'm just wondering... how can BTC ever be viable with such slow transaction times? Imagine walking into Futureshop wanting to buy a TV.. u swipe ur BTC card nd then stand there for 30 mins waiting for the receipt to come out lol

so frustrated having to wait for BTC to be transferred to an exchange. EAC always takes 10 seconds

[luckyguy2807]

I'm just wondering... how can BTC ever be viable with such slow transaction times? Imagine walking into Futureshop wanting to buy a TV.. u swipe ur BTC card nd then stand there for 30 mins waiting for the receipt to come out lol

so frustrated having to wait for BTC to be transferred to an exchange. EAC always takes 10 seconds

It depends, BTC transaction are also fast. Just try to make a btc deposit to some dice games, it''s there in less than a minute.

I withdraw bt from mintpal, but it says that it will be manually processed? What does it mean?) how long it will take?

[gofoter]

Mintpal is up for now.It had some downtime but now everything seems ok.