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Majormax
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Activity: 2534
Merit: 1129
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April 18, 2014, 11:48:30 AM |
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ECC is heading towards being the most widely listed (on exchanges) alt coin. That is an important cachet. Adding to payment options on many sites is coming next. Proof of Stake coins are definitely the future, and ECC is not just one of them, but is explaining the reasons they are better than PoW, and bringing that message to the world.
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TimC
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Activity: 1764
Merit: 1022
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April 18, 2014, 01:04:44 PM |
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The minting of coins is rolling in now. 
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cgminer-o
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1$ =1 MEC 2013 (2,56 $) 5$ =1MEC 2014 ?
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April 18, 2014, 01:20:07 PM |
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The minting of coins is rolling in now.   +1
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hostmaster (OP)
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April 18, 2014, 01:20:19 PM Last edit: April 18, 2014, 01:42:20 PM by hostmaster |
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The minting of coins is rolling in now.  Thanks for share! anyone else see its minting?
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schoschi12
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Activity: 71
Merit: 10
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April 18, 2014, 02:01:36 PM |
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Coinaging starts after the last transaction, right? So if I got ECC every day from the pool, I won't get miniting for the coins that were laying around in the wallet since this coins launch?
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Scryptcloudmining with stabel price per KHS and a steady payout of about 15% of total investment per month: http://scrypt.cc?ref=baanv
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TimC
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Activity: 1764
Merit: 1022
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April 18, 2014, 02:07:30 PM |
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Coinaging starts after the last transaction, right? So if I got ECC every day from the pool, I won't get miniting for the coins that were laying around in the wallet since this coins launch?
I starting mining ECCoin from day one and will mine ECCoin until it is done. Since those first coins that hit my wallet are now 40 days old they get stake. I would think that I will be getting stake every day since new batches of coins have been hitting my wallet daily. So far I've minted 30 batches of coins.
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Majormax
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Activity: 2534
Merit: 1129
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April 18, 2014, 02:17:24 PM |
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anyone else see its minting?
Mine does as well, but during sync I got 5 transactions which got no confirms, after sync new transactions (with slightly different amounts) came in which where synced. Looks a bit odd to me, but maybe when I'll read a paper about how PoS works I'll understand... During sync mined stake usually gets orphaned anyway (happens after sync sometimes as well). Don't worry, if a mined stake is not accepted once, the block returns to its place in the wallet queue and keeps it's coin age: it still qualifies, so you will get the relevant stake when it hits another block later.
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TimC
Legendary
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Activity: 1764
Merit: 1022
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April 18, 2014, 02:22:57 PM |
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anyone else see its minting?
Mine does as well, but during sync I got 5 transactions which got no confirms, after sync new transactions (with slightly different amounts) came in which where synced. Looks a bit odd to me, but maybe when I'll read a paper about how PoS works I'll understand... Also minting is just like solving a block. One one wallet can submit a minted block if more then one wallet submits a minted block only the first one gets it and the others get orphaned. So the longer you keep your wallet open the better chances you have on minting coins. I'm up to 31 batches of minted coins now. I left my wallet open last night before I went to bed since I knew it was going to start stake so that way I did not miss any chances of minting new coins.
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schoschi12
Member

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Activity: 71
Merit: 10
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April 18, 2014, 03:23:53 PM |
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Coinaging starts after the last transaction, right? So if I got ECC every day from the pool, I won't get miniting for the coins that were laying around in the wallet since this coins launch?
I starting mining ECCoin from day one and will mine ECCoin until it is done. Since those first coins that hit my wallet are now 40 days old they get stake. I would think that I will be getting stake every day since new batches of coins have been hitting my wallet daily. So far I've minted 30 batches of coins. Ok, thank you, maybe I have to update my wallet:)
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Scryptcloudmining with stabel price per KHS and a steady payout of about 15% of total investment per month: http://scrypt.cc?ref=baanv
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TimC
Legendary
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Activity: 1764
Merit: 1022
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April 18, 2014, 03:32:59 PM |
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Coinaging starts after the last transaction, right? So if I got ECC every day from the pool, I won't get miniting for the coins that were laying around in the wallet since this coins launch?
I starting mining ECCoin from day one and will mine ECCoin until it is done. Since those first coins that hit my wallet are now 40 days old they get stake. I would think that I will be getting stake every day since new batches of coins have been hitting my wallet daily. So far I've minted 30 batches of coins. Ok, thank you, maybe I have to update my wallet:) Yes, I always try to use the newest version of the coins wallet which is now ECCoin (Version 1.4). I'm up to 39 batches of minted coins and 1 orphaned batch so far today. The one with a question mark is the orphaned batch. 
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siriuc
Newbie
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Activity: 15
Merit: 0
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April 18, 2014, 04:19:35 PM |
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hostmaster (OP)
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April 18, 2014, 04:26:10 PM |
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ECCoin also adopts a variable PoS rate with the following annual interest rate: - Year 1: 25% - Year 2: 15% - Year 3-9: 10% - Starting Year 10, it will have an annual PoS interest of 1%
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TimC
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Activity: 1764
Merit: 1022
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April 18, 2014, 04:27:25 PM |
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My only guess is I was getting more batches of coins since I had my payout set to 500 coins and looks like you had your payout set at 10,000 coins. You can see that I'm getting a smaller stake more often and you are getting a larger stake less often.
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endchat
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April 18, 2014, 04:35:17 PM |
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Does the 1.3 ECC wallet mint coins?
I have been mining since day 1 of ECC and have not noticed any unsual deposits in my wallet.
I just downloaded 1.4 and will be on the look out.
My understanding for this process to take place is that the wallet just has to be open 1x per month?
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endchat
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April 18, 2014, 04:40:53 PM |
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How will I know when the mining will completely shut off?
I still see people mining at coins4everyone and miningwithus.
Will there be an announcement?
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TimC
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Activity: 1764
Merit: 1022
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April 18, 2014, 04:50:52 PM |
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Does the 1.3 ECC wallet mint coins?
I have been mining since day 1 of ECC and have not noticed any unsual deposits in my wallet.
I just downloaded 1.4 and will be on the look out.
My understanding for this process to take place is that the wallet just has to be open 1x per month?
>>Does the 1.3 ECC wallet mint coins? It should but it is always best to use the latest wallet. You can open your wallet once a month and it will get some stake but if you keep it open you have a lot more chances to getting stake. Since minting is like mining blocks only one wallet can submit stake per block. Which is the same with minting only one wallet can submit a stake per block. If more then one wallet submits stake only the first one gets it and the others get orphaned. So the longer you keep your wallet open the better chances you have on minting coins since your wallet will be able to submit the minting coins on each block and have better chances of it getting stake. Now if you only received coins once every 30 days then opening your wallet once a month and keeping it open until you get stake is fine. Since I was getting many batches of 500 coins each day I keep my wallet open for the best chances of getting the most stake since every few hours some batches of coins have a chance to get stake.
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krus4
Newbie
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April 18, 2014, 04:55:07 PM |
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I Mein ecc 1 days and collected on the exchange, if today with Exchange translate the purse, chasing start today? Or should they remain for some time?
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TimC
Legendary
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Activity: 1764
Merit: 1022
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April 18, 2014, 04:56:16 PM |
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I Mein ecc 1 days and collected on the exchange, if today with Exchange translate the purse, chasing start today? Or should they remain for some time?
Your coins need to be in your wallet for 40 days to receive stake.
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