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Midnight is a combined proof-of-work and proof-of-stake cryptocurrency that uses the Blue Midnight Wish hashing algorithm throughout, for block hashes as well as additional replacement of Bitcoin's double-SHA256 hashing.  Proof-of-work in Midnight is ongoing.  The initial mining emission is a high reward using a triangle waveform, with proof-of-stake high rewards interleaved.  After approximately 15 days of high reward period, the block reward for both POW and POS goes to 1 MDT per block, and halves every year to a floor of 0.125 MDT for POW and 0.25 MDT for POS.  Every 720 blocks is a 100 MDT coin reward, which acts as an incentive to mine on a continuous basis.

Midnight can be mined right from the wallet or daemon by entering "setgenerate true" in the RPC console (Help->Debug Window), or passing -gen=1 on the command line or placing gen=1 in the midnight.conf file.

Midnight includes 1-click Midnight Nodes.  The masternodes receive 33% of the stake reward and 10% of the stake reward goes to the Midnight Reserve stabilization & dev support fund.  More details about the Midnight Reserve will be released in the near future.

Midnight's high reward phase has been designed to reward both early and late miners, so everyone has a chance to get onboard.  The efficiency of the BMW algorithm means you can mine with old hardware, cloud mine, or mine however you like.  Eventually we anticipate that someone will develop an FPGA or GPU miner.

Midnight Specs

Ticker symbol: MDT
Block spacing: 60 seconds
Maturity: 40 blocks
Min Stake Age: 4 hours
Port: 28801
RPC Port: 28802
Midnight Node Amount: 5000 MDT

Downloads

Source Code on Github

64-bit Windows QT Wallet (v1.1.1 for working midnight nodes)

32-bit Windows QT Wallet (v1.1.1)

CPU Miner produced by ocminer (Thank you!) Source:  https://github.com/ocminer/cpuminer-bmw

Experimental sgminer source: https://github.com/midnightmdt/sgminer
Experimental sgminer work in progress Windows: sgminermdt-windows.zip
Note: OpenCL kernel file needs to be implemented to hash BMW-256, if you want to work on it you can find it in kernels/midnight.cl.

Mining Pools

https://mdt.suprnova.cc

Block Explorers

explorer.mdt.website

Social Media

@midnightmdt on Twitter

Exchanges and Trading Sites

YoBit: https://yobit.net/en/trade/MDT/BTC

Games and Services

Midnight Coin Dice: https://yobit.net/en/dice/MDT


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