[ANN][MIN] Minerals - POS | Developing own anon solution | - page 406.

Zorro23hu

full member

Activity: 238

Merit: 100

Quote from: flexibleme on June 13, 2014, 06:37:42 AM

Quote from: nigttran on June 13, 2014, 05:19:59 AM

Dev have 150000 MIN( 1% fee)

Worker have about 4000 MIN/day for 4 rig 280x

If price of MIN on Bittrex at 0.00001 BTC then worker earn 0.04btc/day. profit very high. So price 0.00001 very hard to exchange, real price must lower than 0.00001 btc. => Dev have 150000 x 0.00001 =1.5 btc or lower.

1.5 BTC for dev team some people for 7 days + => Profit very low.

So profit will high, DEV must earn MIN coin by another method exclude 1% fee.

So i not believe this coin. That stupid if mine this coin

quiet reasonale.

IMHO the rules lot of times mentioned by dev which partly based on community's requirement. Everybody can decide to join to this project or not. It seems more than 300 miners/workers decided to join, and several others not. Keep in your mind: there are lot of other mineable coin in world wide, you can choose one.

Personally I'm very interested in this first attempt to help small miners and to show other way in cryptocurrency world. It's a very interresting experiment.

PepiX

newbie

Activity: 39

Merit: 0

Quote from: Wolf Rainer on June 13, 2014, 06:33:47 AM

Why not solo mining? And how can i send or recibe coins without wallet?

It is all in the opening post.. why not read first before asking WHYs?

green2014

newbie

Activity: 56

Merit: 0

good job.

flexibleme

member

Activity: 111

Merit: 10

Quote from: nigttran on June 13, 2014, 05:19:59 AM

Dev have 150000 MIN( 1% fee)

Worker have about 4000 MIN/day for 4 rig 280x

If price of MIN on Bittrex at 0.00001 BTC then worker earn 0.04btc/day. profit very high. So price 0.00001 very hard to exchange, real price must lower than 0.00001 btc. => Dev have 150000 x 0.00001 =1.5 btc or lower.

1.5 BTC for dev team some people for 7 days + => Profit very low.

So profit will high, DEV must earn MIN coin by another method exclude 1% fee.

So i not believe this coin. That stupid if mine this coin

quiet reasonale.

Minerals

member

Activity: 84

Merit: 10

Minerals Dev

Quote from: Wolf Rainer on June 13, 2014, 06:33:47 AM

Quote from: Minerals on June 13, 2014, 06:31:04 AM

Quote from: Wolf Rainer on June 13, 2014, 06:29:59 AM

Where is the link to the windows wallet?

there is no windows wallet untill POW stage ends to prevent solo mining

Why not solo mining? And how can i send or recibe coins without wallet?

we don't want asics mining Minerals. We've got a 50 Mh/s limit per worker

Wolf Rainer

legendary

Activity: 1960

Merit: 1022

Quote from: Minerals on June 13, 2014, 06:31:04 AM

Quote from: Wolf Rainer on June 13, 2014, 06:29:59 AM

Where is the link to the windows wallet?

there is no windows wallet untill POW stage ends to prevent solo mining

Why not solo mining? And how can i send or recibe coins without wallet?

Minerals

member

Activity: 84

Merit: 10

Minerals Dev

Quote from: Wolf Rainer on June 13, 2014, 06:29:59 AM

Where is the link to the windows wallet?

there is no windows wallet untill POW stage ends to prevent solo mining

Wolf Rainer

legendary

Activity: 1960

Merit: 1022

Where is the link to the windows wallet?

Minerals

member

Activity: 84

Merit: 10

Minerals Dev

Quote from: hero18688 on June 13, 2014, 06:26:47 AM

Private source code is a big problem.They need source uploaded to github for every coin they list.

we will provide them full access to the private source once they contact us via email: [email protected]

PS: Help Minerals get listed on major exchanges

hero18688

sr. member

Activity: 392

Merit: 250

Private source code is a big problem.They need source uploaded to github for every coin they list.

flexibleme

member

Activity: 111

Merit: 10

what's the meanning of your opion. but I know this coin gonna be hot

green2014

newbie

Activity: 56

Merit: 0

A coin values 0.12dollars now. Grin

green2014

newbie

Activity: 56

Merit: 0

we need exchange now,
after 7 days, miner dump 30,000,000 coins, coins will die right now. Kiss

Minerals

member

Activity: 84

Merit: 10

Minerals Dev

ok guys the main priority now is to get to major exchanges and this is where Minerals need its community to help
Our contact email: [email protected] (exchanges will need to contact us since Minerals got private source code)

Bittrex:
Follow their twitter and tweet them and asking to add Minerals market: (donno why BTT thinks this link is suspicious but its the best way to contact Bittrex!) @BittrexExchange
Send them a ticket: https://bittrex.zendesk.com/hc/en-us/requests/new
Contact Bittrex owners here on Bitcointalk: richiela, Bittrex-Bill, Bittrex-Rami
Post in Bittrex thread: https://bitcointalksearch.org/topic/ann-bittrex-next-generation-exchange-btcltceacppcrddftcand-more-463202

Poloniex:
Send them a ticket to add Minerals for voting: https://poloniex.com/coinRequest
Send them a ticket to add Minerals market: http://poloniex.freshdesk.com/support/tickets/new
Contact Poloniex owner: busoni
Follow their twitter and tweet them and asking to add Minerals market: @Poloniex
Post in Poloniex thread: https://bitcointalksearch.org/topic/annexchange-poloniex-crypto-exchange-with-btcnxt-420836

Mintpal:
Ask them to add Minerals for voting: [email protected]

If you think Minerals should be listed in any other exchange please feel free to suggest it here

Hoshimaru

sr. member

Activity: 411

Merit: 252

I think we may gamble on this one as the dev tries something different. Let's see what follows.
But I'd like to know what he or she plans after PoW? It should be backed by something to give it value, otherwise like it's been said: only hot air.

Amph

legendary

Activity: 3248

Merit: 1070

not all coin are born to be holding, some of them are doa or die very fast

but generally speaking, it is better to hold everything instead of dumping everything

PepiX

newbie

Activity: 39

Merit: 0

Quote from: Hoshimaru on June 13, 2014, 05:48:43 AM

Basically: hold on to your coins, create scarcity on the market and the price will rise automatically.

That is only true if the coin has substance.. if it doesn't.. there will be no demand and therefore no scarcity.. (but yeah.. I agree with your point of view.. it is usually worthless to dump what you have on the market)

Hoshimaru

sr. member

Activity: 411

Merit: 252

Whether the miner has a huge farm or a small rig, most of them mine coin only to dump it right after it gets on the exchange, just to get a few mBTC worth for their time. These miners and the lazy multipool miners are the people that ruin a coin. They cannot wait a few weeks or months before dumping because "electricity must be paid".

Basically: hold on to your coins, create scarcity on the market and the price will rise automatically.
For those who do not understand the concepts of economy and how scarcity plays a role: https://en.wikipedia.org/wiki/Scarcity

Kenta

sr. member

Activity: 420

Merit: 250

Quote from: lxru9999 on June 13, 2014, 05:38:46 AM

矿池的算力维持在25G H/S 左右，假如 MIN 早就被 DEV 挖完了。
我们现在挖的是机器池，7天挖完，DEV就发 MIN 给矿工。
25G的算力成本就要60K RMB
DVE 一天就净赚 60K RMB

为了这种事情发生,DVE不开放钱包，我们矿工就不要挖MIN

Operators force mine pool is maintained at 25G H / S or so, if MIN DEV long been dug over.
We are now digging machine pool, seven days finished digging, DEV will send MIN to miners.
25G operator force will cost 60K RMB
DVE day net 60K RMB

For this to happen, DVE not open the wallet, we do not dig the miners MIN

嗯，很好！矿点别的吧！ Grin

lxru9999

member

Activity: 112

Merit: 10

矿池的算力维持在25G H/S 左右，假如 MIN 早就被 DEV 挖完了。
我们现在挖的是机器池，7天挖完，DEV就发 MIN 给矿工。
25G的算力成本就要60K RMB
DVE 一天就净赚 60K RMB

为了这种事情发生,DVE不开放钱包，我们矿工就不要挖MIN

Operators force mine pool is maintained at 25G H / S or so, if MIN DEV long been dug over.
We are now digging machine pool, seven days finished digging, DEV will send MIN to miners.
25G operator force will cost 60K RMB
DVE day net 60K RMB

For this to happen, DVE not open the wallet, we do not dig the miners MIN

Topic: [ANN][MIN] Minerals - POS | Developing own anon solution | - page 406. (Read 742176 times)