Another 1K sent to MVNWT9QtaryFdzexcHNyiJa3hzZB5Ja85P
Keep up the good work dev!
Keep up the good work dev!
Much thanks for your donation, powersup!
It is so nice to have a caring community like this!
Topic: [ANN][MIN] Minerals - POS | Developing own anon solution | - page 320. (Read 742176 times)
Much thanks for your donation, powersup!
It is so nice to have a caring community like this!
With an hashrate of 40/50mhs on the multipool how many MIn i will expect (around?) cause the last 13 hours i only earned 127MIN (with an average of 40mhs).
I have the feeling it's not so much but maybe is just normal?
I have the feeling it's not so much but maybe is just normal?
Another 1K sent to MVNWT9QtaryFdzexcHNyiJa3hzZB5Ja85P
Keep up the good work dev!
Keep up the good work dev!
Secondly i dont know if you guys saw this but the platform for decentralized exchanges will gain ground. no more need to trust exchanges to store your coins, will they shut down and run away with them? u never know when its going to happen. could be today.. could be tomorrow.. could be next 3 months. but decentralized exchanges will keep things anonymous, and secure (or at least as secure as you keep your coin storage network).
http://nighttrader.bitcoin42.com/
http://nighttrader.bitcoin42.com/
Suggestion for strategic investment and usage of the multipool
i would like to suggest to the multipool owners and our multipool miners a strategy which will be geared towards maximizing our use of the multipool technology. i would liketo suggest that the multipools after obtaining btc were to send an equal fraction to each of the major exchanges and simply buy up the sell book. not wait or post a buy order. this will mean that multipool miners will get a smaller payout per day as the owner would then have to split the minerals based on the average price paid for each one. but will also mean that the average price will be lower than the high, meaning a win for all as the value of our coin has risen. instead of taking the cashout route.. though some will do this regardless.
e.g.
multipool gathers 10btc after 1 day of mining.
splits that into 3.3btc per exchange and sends to 3 exchanges.
buys up the book on each exchange from 1000 to 2000 satoshi
based on the total number of minerals obtained he finds the average price paid per mineral
then distributes to miners based on their percentage of btc gained through mining the multipool
in this strategy it works out that all the miners paid an average of 1500 satoshi whilst the value of their coin is now 2000 satoshi each.
what i suggest for those of us participating in the mutipool is to create a separate wallet for multipool mined coins which we will try not to put back on the market because obviously.. as the value rises we will be buying them back again from day traders at a higher price. so best to just hold on to it till the last samurai sells his minerals for less than 1btc=1min LOL.
it is about being bullish, nonchallant about price or return of investment and building the value of the currency. once it is useful, people will pay whatever price for it just as they do with btc. we lose minorly in the short term to gain much more over a slightly longer term. with the development of new services and merchants, new technologies and uses for the coin it wouldnt matter if it's valued 10 cents each or $1000, investors will buy in to make use of the services at whatever the price is at the time.
essentially, the lower price we sell at, is the more difficult or longer it it is to rise higher due to day traders. we must think of the early sells as the low. that low can be .01 cents or it could be $1. but its all up to the miners and the market what price they want to relieve themselves of the currency and liquidate for btc for whatever their reason. but it is my sentiment that nothing attracts investors like rising value. so if they want to speculate all week while the price climbs to 10,000 satoshi it will be their loss.
needless to say this will take a team effort on the part of our entire community. let's make this one coin, the coin we dont manipulate or daytrade on the markets risking a downward spiral. let this be the one coin that has no panic sellers. let this coin go back to the intention for the design of crypto.. "building a worthful currency that can compete with fiat and generates increase in value rather than inflation and devaluing of the currency" as the bankers have done to fiat all around the world.
i would like to suggest to the multipool owners and our multipool miners a strategy which will be geared towards maximizing our use of the multipool technology. i would liketo suggest that the multipools after obtaining btc were to send an equal fraction to each of the major exchanges and simply buy up the sell book. not wait or post a buy order. this will mean that multipool miners will get a smaller payout per day as the owner would then have to split the minerals based on the average price paid for each one. but will also mean that the average price will be lower than the high, meaning a win for all as the value of our coin has risen. instead of taking the cashout route.. though some will do this regardless.
e.g.
multipool gathers 10btc after 1 day of mining.
splits that into 3.3btc per exchange and sends to 3 exchanges.
buys up the book on each exchange from 1000 to 2000 satoshi
based on the total number of minerals obtained he finds the average price paid per mineral
then distributes to miners based on their percentage of btc gained through mining the multipool
in this strategy it works out that all the miners paid an average of 1500 satoshi whilst the value of their coin is now 2000 satoshi each.
what i suggest for those of us participating in the mutipool is to create a separate wallet for multipool mined coins which we will try not to put back on the market because obviously.. as the value rises we will be buying them back again from day traders at a higher price. so best to just hold on to it till the last samurai sells his minerals for less than 1btc=1min LOL.
it is about being bullish, nonchallant about price or return of investment and building the value of the currency. once it is useful, people will pay whatever price for it just as they do with btc. we lose minorly in the short term to gain much more over a slightly longer term. with the development of new services and merchants, new technologies and uses for the coin it wouldnt matter if it's valued 10 cents each or $1000, investors will buy in to make use of the services at whatever the price is at the time.
essentially, the lower price we sell at, is the more difficult or longer it it is to rise higher due to day traders. we must think of the early sells as the low. that low can be .01 cents or it could be $1. but its all up to the miners and the market what price they want to relieve themselves of the currency and liquidate for btc for whatever their reason. but it is my sentiment that nothing attracts investors like rising value. so if they want to speculate all week while the price climbs to 10,000 satoshi it will be their loss.
needless to say this will take a team effort on the part of our entire community. let's make this one coin, the coin we dont manipulate or daytrade on the markets risking a downward spiral. let this be the one coin that has no panic sellers. let this coin go back to the intention for the design of crypto.. "building a worthful currency that can compete with fiat and generates increase in value rather than inflation and devaluing of the currency" as the bankers have done to fiat all around the world.
We're hearing your feedback on #MIN and all other coins. It has been our policy for a few weeks now to not comment on potential launches.
Bittrex statement, what this means?
Already quoted minutes ago , but no answers.. Bittrex statement, what this means?
Bittrex @BittrexExchange · 22 min
We're hearing your feedback on #MIN and all other coins. It has been our policy for a few weeks now to not comment on potential launches.
official tweet !!!
but .... what means ? O_o
We're hearing your feedback on #MIN and all other coins. It has been our policy for a few weeks now to not comment on potential launches.
official tweet !!!
but .... what means ? O_o
hi guys, i have min in my wallet since 24 h but nothing mined, is it normal? It tells me 32 min to reward but after this nothiing, thanks
Sending some coins me too :-)
Thanks for this coin dev!
Thanks for this coin dev!
Thanks a lot for supporting Minerals development, alanx78!
Mining at 40mhs in the multipool but not any payout during 12h~ 
sent you an email
Mining at 40mhs in the multipool but not any payout during 12h~
try do a manual transaction worked for me.
or pm dev.
Mining at 40mhs in the multipool but not any payout during 12h~
Minerals DEV,
so is the payouts for multipool going to stay consistent at 2 per day around the same times? at the present rate of things your pool is pulling away from BC pool payout potential per MH. Still have a ways to go to be a clear leader in that area. (payout per MH) but after the last payout it would seem your on the right track. Please be generous with the payout formula and make your money off of volume and lets attract more to the pool....maybe just maybe you will make a believer out of me on the multipool debate, although I still have reservations about multipools in general, (which I won't go in to right now) but I am onboard for now as I feel the (MIN MP) is helping the mineral community more than hurting.
so is the payouts for multipool going to stay consistent at 2 per day around the same times? at the present rate of things your pool is pulling away from BC pool payout potential per MH. Still have a ways to go to be a clear leader in that area. (payout per MH) but after the last payout it would seem your on the right track. Please be generous with the payout formula and make your money off of volume and lets attract more to the pool....maybe just maybe you will make a believer out of me on the multipool debate, although I still have reservations about multipools in general, (which I won't go in to right now) but I am onboard for now as I feel the (MIN MP) is helping the mineral community more than hurting.
Multipool fee is 0%, I'm not taking any money. I want miners to get as much profit as it can be with the multipool as it helps to increase Minerals price. It is taking significant amount of my time tho. So I would love to see other multipools making payments with Minerals. If you know any multipool owner who is willing to add Minerals as a payment currency I will be glad to help him as much as I can and promote the pool at OP, website, twitter, etc.
I am getting ready to try out CPU mining now on the pool lol, will be interesting to see. I have about 50 cores at my disposal that have been sitting around collecting dust waiting for the right coin to come along Keep up the great job! I to will send a little something for your efforts
We're hearing your feedback on #MIN and all other coins. It has been our policy for a few weeks now to not comment on potential launches.
Bittrex statement, what this means?
Bittrex statement, what this means?
450 votes in hour lol 
we can vote every hour.
we can vote every hour.
Sending some coins me too :-)
Thanks for this coin dev!
Thanks for this coin dev!
Come on peeps lets have some donations for the DEV.
If 10 more donate Ill donate another 1k myself.
Devs wallet here : MVNWT9QtaryFdzexcHNyiJa3hzZB5Ja85P
If 10 more donate Ill donate another 1k myself.
Devs wallet here : MVNWT9QtaryFdzexcHNyiJa3hzZB5Ja85P
Done ... he doing really good work .
Thank you so much for your support, liominer!
Guys I don't think its a good way of doing business by threatening Bittrex devs or some other exchanges for not listing Minerals right away. Its not quick profit we are after. I believe that the best way is just to make a great coin that everyone will be willing to use. I personally put all my time and effort to do that. And I encourage everyone who supports Minerals to act this way - help Minerals get better every day. All exchanges will be glad to list Minerals soon. Not because of threats, but because of profit that will come from great volume.
For the record, yes I agree fully with what you are trying to convey to the thread. But speaking on a matter of principle and ethics, Any exchange should not feel pressure from another segment of the community to list or not to list in fear of being shunned themselves,,, not to say this is the case, but it has that appearance at this point. I don't care what coin it is, if it has the needed codes and is a working coin then it should be given every fair consideration just as any other coin that has found its way into the crypto world. Keep up the good work!! Lets expand the awareness of Minerals and get greater participation as you said I am done making my case in point about the exchanges and other pool operators. Let them do what they feel they must do in their own best interest. But as you know I have some gripes about many things lately going on out there that just aren't fair,,, such as distribution for one! yes, but it's not totally a fair look when you have dedicated and the other whiners pissing and moaning because they couldn't be the biggest pool and collect a shitload of fees for doin nothing. This is why minerals is a good idea, we need to take that sense of entitlement away from the pool op's that spend 30 minutes setting up a pool and get paid, and that's if they are legit and not skimming your hashrate and coins behind the scenes. I have been saying for a while now that the pools are one of the biggest problems in crypto. and this blatant manipulation of the exchange is a big reason why. think about it these guys are usually the first one's to dump because they have a good portion of the mined coins they have no interest in the longevity of the coins or crypto in general. for them it's about collecting fees cashing out and eating sandwhiches. it's a sad truth of our scene.
+1
Guys I don't think its a good way of doing business by threatening Bittrex devs or some other exchanges for not listing Minerals right away. Its not quick profit we are after. I believe that the best way is just to make a great coin that everyone will be willing to use. I personally put all my time and effort to do that. And I encourage everyone who supports Minerals to act this way - help Minerals get better every day. All exchanges will be glad to list Minerals soon. Not because of threats, but because of profit that will come from great volume.
For the record, yes I agree fully with what you are trying to convey to the thread. But speaking on a matter of principle and ethics, Any exchange should not feel pressure from another segment of the community to list or not to list in fear of being shunned themselves,,, not to say this is the case, but it has that appearance at this point. I don't care what coin it is, if it has the needed codes and is a working coin then it should be given every fair consideration just as any other coin that has found its way into the crypto world. Keep up the good work!! Lets expand the awareness of Minerals and get greater participation as you said I am done making my case in point about the exchanges and other pool operators. Let them do what they feel they must do in their own best interest. But as you know I have some gripes about many things lately going on out there that just aren't fair,,, such as distribution for one! yes, but it's not totally a fair look when you have dedicated and the other whiners pissing and moaning because they couldn't be the biggest pool and collect a shitload of fees for doin nothing. This is why minerals is a good idea, we need to take that sense of entitlement away from the pool op's that spend 30 minutes setting up a pool and get paid, and that's if they are legit and not skimming your hashrate and coins behind the scenes. I have been saying for a while now that the pools are one of the biggest problems in crypto. and this blatant manipulation of the exchange is a big reason why. think about it these guys are usually the first one's to dump because they have a good portion of the mined coins they have no interest in the longevity of the coins or crypto in general. for them it's about collecting fees cashing out and eating sandwhiches. it's a sad truth of our scene.
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