Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *17 Exchanges

Quote from: Jherek on March 09, 2014, 02:32:39 PM

I wonder who actually thought, that lowering the reward to 1 coin per block was a good idea. It'd need 100,000 satoshi now to be profitable.
http://www.coinwarz.com/calculators/mintcoin-mining-calculator/?h=1000.00&p=500.00&pc=0.10&pf=0.00&d=8.41065891&r=1.00000000&er=0.00100000&btcer=645.60000000&hc=0.00

Because the initial 5 week mining was Mint's distribution model; it's designed as a Proof of Stake where new coins are awarded as interest on your existing holdings