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Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 907. (Read 1369778 times)

member
Activity: 112
Merit: 10
guys,

we just want to let you know that we'll shutdown the stratum for 5 minutes due to a schedule maintenance operation.
don't worry, just hold your miners stratum will be online very quickly ;-)

impacted pool is : http://mnt.coins4everyone.com

regards,


please add the coin to QoinPro
give the community possibility to get free coins daily
http://www.qoinpro.com/4d23445478b8724228194b5914b2fa57
sr. member
Activity: 325
Merit: 250
member
Activity: 100
Merit: 10
sr. member
Activity: 420
Merit: 250
Yeh could someone explain exactly,
Because i tought it was like this:
After 20 days you get the first pos, and you get your first 20%, and then every 20 days you get 20 procent again for the first year?
I tought it was something like that, does someone know exactly?
The spec clearly states that we are talking about an annual interest rate:

Quote
....20% the first year, then decrease 5% per year until the 4th year it reaches annual interest rate of 5%, then it will remain at this rate
sr. member
Activity: 434
Merit: 511
Yeh could someone explain exactly,
Because i tought it was like this:
After 20 days you get the first pos, and you get your first 20%, and then every 20 days you get 20 procent again for the first year?
I tought it was something like that, does someone know exactly?
full member
Activity: 126
Merit: 100
Am I doing my math correctly here? I know I'm estimating a little at the beginning.

MINING POW
             Total Coin               Increased         
Today     5,531,047,249           
1st week    11,000,000,000.00             
2nd week    16,500,000,000.00     5,500,000,000.00         
3rd week    19,250,000,000.00     2,750,000,000.00         
4th week    20,625,000,000.00     1,375,000,000.00         
5th week    21,312,500,000.00     687,500,000.00         
               
               
MINTING POS               
Years    Total Coins          APR   # Compounded   Next Year Total            Increase
1    21,312,500,000.00    20%   365                   26,029,720,478.99     4,717,220,478.99
2    26,029,720,478.99    15%   365                   35,134,282,161.87     9,104,561,682.88
3    35,134,282,161.87    10%   365                   47,424,371,593.14     12,290,089,431.27
4    47,424,371,593.14    5%   365                   57,923,464,862.76     10,499,093,269.63
5    57,923,464,862.76    5%   365                   74,373,927,685.63     16,450,462,822.86

NO. You have coins increasing week by week. They will be decreasing by halves. The remaining coins will be minted through proof of stake.

At least that's how I understand it.


I like this table. Any thoughts about adding block #s or tentative dates to the halving events?
sr. member
Activity: 420
Merit: 250
How do you calculate the PoS reward? Is it daily?

Mininum interest payout period is 20 days. Maximum 40 days.  Reward is calculated to yearly.
Where do you get that 40 days from?
legendary
Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
I do not understand why this coin has a max coin limit?

Why not 5% interest indefinitely?

Any answers?
full member
Activity: 168
Merit: 100
Mint is really catching on with a strong sense of community. Keep on minin' while the Sun's still shinin' http://mint.majorminers.com/  Grin
hero member
Activity: 546
Merit: 500
How do you calculate the PoS reward? Is it daily?

Mininum interest payout period is 20 days. Maximum 40 days.  Reward is calculated to yearly.
full member
Activity: 154
Merit: 100
guys,

we just want to let you know that we'll shutdown the stratum for 5 minutes due to a schedule maintenance operation.
don't worry, just hold your miners stratum will be online very quickly ;-)

impacted pool is : http://mnt.coins4everyone.com

regards,

hey,

Everything went well, stratum is up again.
Cheers.
full member
Activity: 154
Merit: 100
guys,

we just want to let you know that we'll shutdown the stratum for 5 minutes due to a schedule maintenance operation.
don't worry, just hold your miners stratum will be online very quickly ;-)

impacted pool is : http://mnt.coins4everyone.com

regards,
sr. member
Activity: 420
Merit: 250
WTB lots and lots of MINT for POT.

Post them up on coin-swap.net and i'll buy them if they are fairly priced.

LOTS m8

Still possible to buy at mintpal.com for a very low price.
newbie
Activity: 56
Merit: 0
WTB lots and lots of MINT for POT.

Post them up on coin-swap.net and i'll buy them if they are fairly priced.

LOTS m8
sr. member
Activity: 420
Merit: 250
when the POS system start:

if you have 100.000 coin, after 20 days  ----->120.000

think it's supposed to be 20% per year and it's starting only after 20 days


if you have 100.000 coin, after the first 20 days  ----->100.000 +* 20%/365.25 =  100.054757

Roughly. Interest of interest not calculated but should give a little bit less every day..
newbie
Activity: 10
Merit: 0

How do you calculate the PoS reward? Is it daily?
dunno how coins will be minted, but here are the interest rate monthly and daily, all we know at the moment is it's for the coin above 20 days in the wallet.

For the first year at 20% annual
If it's monthly, it's 1,530947%/month,
if it's daily 0,0499636%/day


newbie
Activity: 49
Merit: 0
when the POS system start:

if you have 100.000 coin, after 20 days  ----->120.000
member
Activity: 98
Merit: 10

How do you calculate the PoS reward? Is it daily?
newbie
Activity: 56
Merit: 0
anybody here wants to sell btc? kindly inbox me, i pay via paypal
Seems legit  Roll Eyes
Of course. What can go wrong with that?  Grin
He has 3 posts, all the same asking for btc through PayPal. I always felt that posts like these are just natural selection on the internet.   The only thing better are the guys posting freaking out that someone didn't hold up their end of the deal.
Let Darwin rule.
legendary
Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
I do not understand why this coin has a max coin limit?

Why not 5% interest indefinitely?
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