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Showing 8 of 8 results by loambet1
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Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin *21 Exchanges *20 merchants
by
loambet1
on 18/03/2014, 18:17:21 UTC
explain the current sell pressure then? while pow is over?

There have only been 60 million coins minted since proof of work stopped.  This is not the sell pressure you're looking for.  

It's probably the guys who were saying "4000 btc pump inc" a few weeks ago - they wanted to prop up the price long enough to sell off their mining horde.  Why else would you announce something like that?  The only reason is so they can do the opposite of what their posts suggest.
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Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *20 Exchanges
by
loambet1
on 16/03/2014, 01:39:16 UTC
Also found this: on http://www.reddit.com/r/mintpool/comments/20fgq3/all_i_am_getting_is_rejects/

Same as cgminer, but starts with "sgminer.exe -o stratum+tcp://mintpool.us:3333" DON'T add "Scrypt"

wow, indeed my cgminer bat works fine if I just pull out the --scrypt part, I had tried it before (and I had changed cgminer to say sgminer) but I didn't know I needed to leave out the --scrypt part.

Seems to be up and running; thanks!

Nice, this should be posted on mintpool.us  hompage for sure.

Need to update the connection settings info on http://mint.mintpool.us/mint/index.php too

In the help section the port is given as 4444 where it should be 3333

Thanks deadmanwalking Smiley

3333 is DOGE, 4444 is MINT.  The subdomains point to the same address, so the service is separated by using different ports.  

Their docs are correct.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *20 Exchanges
by
loambet1
on 15/03/2014, 22:37:33 UTC
FYI - If you're having lots of rejects, use SGMiner 4.1 for mintpool.us
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Topic
Board Announcements (Altcoins)
Re: [ANN] ★★ ECCoin ★★ Fast Distribution PoW & PoS ★ Launched
by
loambet1
on 08/03/2014, 04:09:13 UTC
https://www.coinader.com/?cur=ECC&ccur=BTC

This shitty "exchange" killed this coin, wtf, every coin will be killed on such volume-less shit.

The exchange is terrible, everything is super buggy - I wouldn't trust them with your funds.

The thing will crumble under the slightest bit of load.
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Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *17 Exchanges
by
loambet1
on 07/03/2014, 16:20:57 UTC
Thanks so I shouldnt expecting any minting or stake showin up until 20 days right

cheers

Correct.
There is no guarantee you will mint at the 20 day mark. 20 days is the earliest possible, but more than likely it will take several days longer than 20 days before you mint coins. It is comparable to PoW mining in that if you have a small amount of hashpower, it will take you longer to find a PoW block; the same holds true in PoS minting in that a small amount of coins will take you longer to find a PoS block and mint coins. If you have like 1 mintcoin, your probably won't generate ANY new coins, because the probability is so small, just like if you tried to use your cpu to find a PoW block in Bitcoin right now. If you want to mint closer tot he 20 day mark, then it helps if you acquire more coins, as each coin has power to accrue coin age and just like mining gear generates hashpower.

+1, great explanation.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *9 Exchanges
by
loambet1
on 24/02/2014, 17:33:01 UTC

Yeah, between the front page of this thread and the new website most questions have been answered except this one:

So will PoS be implemented in 2 days? That would be 20 days after launch. Or will the first 20 day period start after the mining phase ends?

It is implemented.  The absolute earliest you could start generating stake is Feb 26 - assuming you had coins in your wallet starting on Feb. 6.  March 15th refers to the date where mining rewards will drop to 1 coin per block, and thus the coin will transition to "PoS only" mode.
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Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *7 Exchanges
by
loambet1
on 23/02/2014, 14:53:37 UTC

What are the cutoff dates for analyzing positions in wallets?   I am not a netseller.    I go home with more coins hopefully than I start with.


There are no cutoff dates.  Coins in your wallet generate coin-days.  Once a coin has generated 20 coin-days, it is eligible to generate proof of stake, i.e. interest.  Since the coin launched on Feb. 6th, the first day it's possible to generate stake is Feb. 26th, assuming you had coins in your wallet on launch day.  Hope that helps.
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Topic
Board Beginners & Help
Re: newbie here
by
loambet1
on 17/02/2014, 18:08:35 UTC
Greetings