Topic: ★★ [ANN] ECCoin (ECC) ★★★ ECCoin - Green Future FORK FIXED UPGRADE NEEDED - page 113. (Read 342487 times)

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?

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?

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.

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%

Why mined more coins?https://www.dropbox.com/s/f94ut2mffo8e2in/1.png

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.

Ok, thank you, maybe I have to update my wallet:)

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.

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.

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.

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?

Thanks for share!
anyone else see its minting?

  +1

The minting of coins is rolling in now.

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.

But first we need to add ECC to more places.
https://altoutlet.com is a nice start

https://altoutlet.com/vote/ECC

Yes you should not mine for money only try to earn value those cryptos has good goals and can bring much good for the earth. Those multi pool miners thinks they made quick money but see this is what it happens 3/1 revenue and no hope for the future.

But we will break this dwindling spiral. ECC brings a new hope for all of us. We will mine for one goal, cleaning PoW method from the earth. We dont do it just for money. What's new with ECC is it has a certain message to carry and he knows more who is he.

One advice... and i think i am statistically correct...

The last two months... multipools became a fashion trend...
Mine the most profitable coin etc... the problem is that the verifications and other factors...
sometimes make it not profitable...(usually if you calculate your profits in 24-48hour...)
Plus the transaction and pool fees for everycoin mined... even if they are turned in btc..are huge.

Lets take our coin... Ecc now...with all the multipool hitting...and some people leaving and joining
5 times a day on different pools.. like manual multipool... probably gives... 0.0045 per mhas..
maybe lower...

The funny thing is that people...get in a pool...crosscheck the infos...
""hmmm i have 5 mhas... 5 mhas produces 400k coins a day... the price is 7 satoshi...
so its 0.xxxxxx btc.. hmmmm i will stop mining it..its not profitable""
That actually happens with everycoin out there,cause of the multipools...

The funny thing is...that even if you mine ecc right now with low profitability.. 0.002 per mhas.
and continue mining it for 20 days (its an example)....
And with the current price yes...its not worth it..
But guess what? what would your profitability be, (when you where mining for 20 days
and all those mined coins...) when their value doubles or triples?? that 0.002 mhas suddenly became 0.006 or more... FOR ALL THOSE 20 days...
That means that you were mining a profitable coin for 20whole days... without even  knowing...

So i think that profitability should be calculated long term and not shortterm...
Especially if a coin, such ecc has that much support behind it...
I dont even care if it stays at 5 satoshi... we shouldnt be even talking about satoshi,
but with ecc numbers... ( we should be the first to get rid of btc comparison)

That shorterm profitability is what killing everycoin out there i think.. and our pockets of course...
All these asics gpus the last 50 days... are suffering.... ( i mean their hashrate to profit is at 1/3 right now)

Nah, was just curious, my profitability here is a bit to early to try and calc on.

Good news, People do not miss this great ecc giveaway!

here: http://ecoiner.org/ecc/facebook-giveaway-2-000-000-ecc-win-1602/