Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Faircoin - MULTIPOOL pays 5% bonus. MANDATORY update before block 4800!
by
whoopdee
on 13/04/2014, 05:30:58 UTC
Hmm, I have 1K and trying to mint it for a week. Did not minted a single dime. What is wrong?

i have a few k myself and dont believe im able to mint properly...

latest wallet, stays synced. i can leave it open for a few days(and have) and nothing... ive been monitoring it for around a week.
one time it actually did stake off 1000 coins, but just the one time. im not sure what triggered it.

i got coins distributed each day from the first day to the last day of distribution(3/10-3/17?)... i never transferred any coins out,
but upgraded the wallet. im well beyond minimum coin weight to stake.

seems kind of odd theres not more minting happening. seems either something is wrong, or
you just need to leave the wallet open for more than a few days at a time to mint?



For minting each wallet address is selected at random, yes you want to always leave it open if your wallet isn't accessible than the network moves on if your wallet address was selected. So basically leave it open and if your lottery number comes up it will mint, if it's not open the network selects another address.


thanks for the response
i guess im used to seeing mint and zeit just mint away if its ready, and within a few hours, usually a few minutes. it must be the 10 minute block times??  NEEDING the wallet to be open for days for a chance to stake 1 share seems a bit ridiculous.

edit -- and now that i reread your reply, i have a hard time with the way you describe the pos process as "lotteryesque"...  that is not my understanding of how the system works.