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KaChingCoinDev
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April 30, 2014, 03:43:34 PM |
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Is mintcoin able to be mined via POW at all any more?
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dogechode
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April 30, 2014, 03:50:59 PM |
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Is mintcoin able to be mined via POW at all any more?
If memory serves, I believe they removed the POW functionality entirely after someone tried to exploit the chain due to the low diff that the POW had (because no one was mining for 1 coin block rewards lol.) |
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KaChingCoinDev
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April 30, 2014, 03:52:24 PM |
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Is mintcoin able to be mined via POW at all any more?
If memory serves, I believe they removed the POW functionality entirely after someone tried to exploit the chain due to the low diff that the POW had (because no one was mining for 1 coin block rewards lol.) Okay. I pointed my rig to solo mining, and I found a bunch of blocks, but they always said "attemting to reconnect, share stale" or something like that |
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m0om0o
Newbie
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Activity: 5
Merit: 0
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April 30, 2014, 04:27:54 PM |
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need help can seem to figure out why wallet 1.9.1 says minting 1 days then reopen wallet next day 22 hours and then today it says back to 1 days  ? |
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deadmanwalking
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April 30, 2014, 04:47:36 PM |
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need help can seem to figure out why wallet 1.9.1 says minting 1 days then reopen wallet next day 22 hours and then today it says back to 1 days ? The estimate is based on how long you'll have to leave the wallet open. This is how it gains weight. So, if you have a 22 hr estimate, then close your wallet, you're going to be looking at another 22 hrs when you open it again. Sorry  Remember, the network is secured by the minting process. Mint is nice, because you don't always have to open your wallet, but when you do you have to do your fair share to secure the network. Hope this helps you understand. |
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KaChingCoinDev
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April 30, 2014, 04:48:43 PM |
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need help can seem to figure out why wallet 1.9.1 says minting 1 days then reopen wallet next day 22 hours and then today it says back to 1 days ? The estimate is based on how long you'll have to leave the wallet open. This is how it gains weight. So, if you have a 22 hr estimate, then close your wallet, you're going to be looking at another 22 hrs when you open it again. Sorry Remember, the network is secured by the minting process. Mint is nice, because you don't always have to open your wallet, but when you do you have to do your fair share to secure the network. Hope this helps you understand. Actually, when you reopen it the estimate will change, because your weight went up while the wallet was closed. |
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m0om0o
Newbie
Offline
Activity: 5
Merit: 0
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April 30, 2014, 04:49:24 PM |
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need help can seem to figure out why wallet 1.9.1 says minting 1 days then reopen wallet next day 22 hours and then today it says back to 1 days ? The estimate is based on how long you'll have to leave the wallet open. This is how it gains weight. So, if you have a 22 hr estimate, then close your wallet, you're going to be looking at another 22 hrs when you open it again. Sorry Remember, the network is secured by the minting process. Mint is nice, because you don't always have to open your wallet, but when you do you have to do your fair share to secure the network. Hope this helps you understand. Ok got it thanks for the help =) |
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omahapoker
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April 30, 2014, 05:15:08 PM |
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I have a feeling MINT will start to go up. we chouls be at least 20 right now
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dogechode
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April 30, 2014, 05:24:55 PM |
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need help can seem to figure out why wallet 1.9.1 says minting 1 days then reopen wallet next day 22 hours and then today it says back to 1 days ? The estimate is based on how long you'll have to leave the wallet open. This is how it gains weight. So, if you have a 22 hr estimate, then close your wallet, you're going to be looking at another 22 hrs when you open it again. Sorry Remember, the network is secured by the minting process. Mint is nice, because you don't always have to open your wallet, but when you do you have to do your fair share to secure the network. Hope this helps you understand. I think part of the problem is that a ton of people on here seem to think they can just open the wallet once their coins are 20 days old, mint a reward, then close the wallet and open it again in 20 days. I call this "guerilla staking." Folks, that's just not how proof-of-stake (or minting, if you prefer) works. You need to keep the damn wallet open all the time to get the maximum stake reward over time. People are a bunch of greedy assholes and don't give two shits about securing the network or benefiting others they just want to get their coins make a profit and every else can suck an egg. That mentality isn't going to fly when you're dealing with a coin that relies 100% on people minting in order to secure the network, process transactions, etc. In short: LEAVE THE WALLET OPEN ALL THE TIME. |
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stormia
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April 30, 2014, 05:43:32 PM |
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My deposit is still not showing up on blkroad.com, and I haven't heard back from them yet. Somebody reported the same problem when depositing BC on the BC thread. DONT make deposits to blkroad.com until they get this sorted out.
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mgburks77
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April 30, 2014, 05:52:23 PM |
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You don't have to leave it open all of the time, but leaving it open at least a couple of hours a day to help secure the network should ensure maximum return.
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mgburks77
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April 30, 2014, 05:55:52 PM |
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BTW what is the progress of the minting Android wallet? It's been a while since there has been an update.
Just so you know, my pledge in return for the minting and battery features still stands. But I'm not giving the reward until the app is on my phone and I can test it.
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Beaverslayer
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April 30, 2014, 06:00:22 PM |
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BTW what is the progress of the minting Android wallet? It's been a while since there has been an update.
Just so you know, my pledge in return for the minting and battery features still stands. But I'm not giving the reward until the app is on my phone and I can test it.
I've PM'd paspi asking for an update and either he or I will inform everyone as to how it's coming along. |
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MarSas
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April 30, 2014, 06:06:18 PM |
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My deposit is still not showing up on blkroad.com, and I haven't heard back from them yet. Somebody reported the same problem when depositing BC on the BC thread. DONT make deposits to blkroad.com until they get this sorted out.
Thank you for your info. |
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stormia
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April 30, 2014, 06:16:26 PM |
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Looks like they just fixed the issue at blkroad, my balance is now displayed correctly  |
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Dallas5
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April 30, 2014, 06:31:47 PM |
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Please keep the price this low for the next few weeks so I can buy some mint for cheap  |
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roslinpl
Legendary
Offline
Activity: 2212
Merit: 1199
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April 30, 2014, 06:50:09 PM |
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Please keep the price this low for the next few weeks so I can buy some mint for cheap Haha.. Maybe you will be lucky but this is hard to say. Markets are hard to predict as you know  |
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ficklepickle
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April 30, 2014, 06:54:49 PM |
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need help can seem to figure out why wallet 1.9.1 says minting 1 days then reopen wallet next day 22 hours and then today it says back to 1 days ? The estimate is based on how long you'll have to leave the wallet open. This is how it gains weight. So, if you have a 22 hr estimate, then close your wallet, you're going to be looking at another 22 hrs when you open it again. Sorry Remember, the network is secured by the minting process. Mint is nice, because you don't always have to open your wallet, but when you do you have to do your fair share to secure the network. Hope this helps you understand. I think part of the problem is that a ton of people on here seem to think they can just open the wallet once their coins are 20 days old, mint a reward, then close the wallet and open it again in 20 days. I call this "guerilla staking." Folks, that's just not how proof-of-stake (or minting, if you prefer) works. You need to keep the damn wallet open all the time to get the maximum stake reward over time. People are a bunch of greedy assholes and don't give two shits about securing the network or benefiting others they just want to get their coins make a profit and every else can suck an egg. That mentality isn't going to fly when you're dealing with a coin that relies 100% on people minting in order to secure the network, process transactions, etc. In short: LEAVE THE WALLET OPEN ALL THE TIME. We really should have an explanation graphic about this. The whole point of POS coins is to have the wallets open all the time. Also, stop by the thunderclap for the Mintcoin reforestation project: https://www.thunderclap.it/projects/10998-sonoma-county-redwood-reforest |
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coolbeans94
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April 30, 2014, 07:32:02 PM |
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Is mintcoin able to be mined via POW at all any more?
Not directly, but you can still mine Mintcoin indirectly using the multipool https://hashco.ws/Just set it to payout in Mintcoins if you have a decent mining rig, you can make many thousands of coins per day! |
(1.) Moral happiness depends upon moral order.
(2.) Moral order depends upon the harmonious action of all our powers, as
individuals and as members of society.
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