Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 77. (Read 1369788 times)

You don't really need much of a computer to run the mintcoin wallet and mint coins. The only taxing event is updating a new wallet. As long as you have room for the blockchain download and a decent internet connection you are good to go.
Minting coins requires no resources other than running the wallet occasionally. The wallet need not be open all the time. As long as you run the wallet regularly and keep a steady balance of coins, you will be rewarded every 20 days. Sweet!

Sort of like Bitcoin's stained history?  Mintcoin's history is one of overcoming challenges, that is why it is still here. I don't see it's history as bad, but rather quite good. Some hard events happened like the original developer abandoning the the project, and major exchanges shutting down, but the community took over, and several new developers have contributed to improving the code for security and optimization. Mintcoin is unique, and more secure than ever.  I think it's history is impressive.

I like Mintcoin because now I can mint coins instead of mine coins.  I used to be a Bitcoin miner, and got out of that because I realized how bad PoW actually is for the environment, with all of the electricity I was wasting and unnecessarily expensive mining gear, such a waste of resources. Mintcoin accomplishes the same purpose as a miner yet without the need for Mega-million dollar mining farms. It still costs resources to get started: you have to buy coins initially... maybe a good computer to run the client on, but that is really the extent of it. I really believe this is coin is a underrated gem. I like to think of this coin as the savior for all the burned out miners, because that is what it did for me. Yes, as a minter, just like as a miner, the coins you generate are going to be valued differently each day, depending on the price swings.

The way I like to look at it is, to just think how much $$$ I would spend on buying mining gear, and mining rigs, and spending in electricity and software to generate some BTC. Then do the conversion, of if I spend that much in buying Mintcoins, and then just treat those initial Mintcoins as a capital project expense as I would mining gear, and don't think about the re-sell value of the initial coins bought. But then look at the mintings...look at the new coins generated and consider that vs what would likely be made via BTC mining, Mintcoin seems to me to be the better investment. That, and with compounding, the new coins will keep up with any inflation in coin supply, and automatically re-invest itself if I don't sell.

And the added bonus at the end, is that the initial outlay for the initial coins bought, are actually re-sellable, unlike mining gear which depreciates to zero rather quickly. With Mintcoin, the initial coin cost doesn't depreciate to zero... The coins will always be able to keep minting, or be re-sold to someone else that will be able to mint with them. So really, as far as I can see, minting is better than mining in every way. Don't be fooled because it's new, and the adoption rate at this point is low. It just means greater growth opportunity. Just wait until some bigmoney disgruntled miners see the light and make the switch! Mintcoin is basically the ex-miner's saving grace! Mintcoin came along right before all of those ASICs came out and had a great initial distribution; it was the most profitable coin to mine while it was still mineable, but then all the big miners dumped it as soon as it became PoS. I guess, they didn't realize they should have just kept their coins to start minting?? ...but that goes back to the issue with PoW, since they have all these high electricity costs, they had to dump the coins to maintain short-term minded profits. If only they had just considered their initial mining of mintcoins as their initial outlay for obtaining "minting" gear so to speak. Oh well, it is what it is I guess. People are going to do what they are going to do.

Anyway, Happy Birthday MINTCOIN!

Keep on minting my friends!

Please contribute to the history thread.  Help us document these "stains" so we understand what we're hoping to escape from.  Thank you sir. 

https://bitcointalksearch.org/topic/m.13798259