better than Bitcoin you say, what is the name of these so called coins this was said?
I'm failing to see where that was said?
Topic: Did you know you can "mine" more than one coin at a time? POS is your friend (Read 998 times)
February 15, 2014, 03:09:24 AM
I'm failing to see where that was said?
February 14, 2014, 08:10:27 PM
better than Bitcoin you say, what is the name of these so called coins
February 14, 2014, 07:17:03 PM
With Mint, every 20 days the network automatically increases your wallet by 20% of the coins you haven't done any transfers with. So as long as your wallet isn't encrypted, you can just open it up every so often and see profit. It's PoW right now, but then switches to PoS after 5 weeks.
It's far more Green/efficient, PoS can secure the network without need for the consistant PoW. Don't ask me on the technical details though.
It's far more Green/efficient, PoS can secure the network without need for the consistant PoW. Don't ask me on the technical details though.
February 14, 2014, 03:59:46 PM
Can you, in laymen's terms, explain this to me a little more?
Think of it as interests at your bank. February 14, 2014, 01:30:45 PM
Can you, in laymen's terms, explain this to me a little more?
February 14, 2014, 12:45:44 PM
February 14, 2014, 12:20:00 PM
PoS rocks!
February 14, 2014, 11:57:52 AM
So you bought a mining rig. You're all pimped out at 3 G/hash but still have that itch for more but buying another rig is not an option.
Introducing.... Proof of Stake! https://en.bitcoin.it/wiki/Proof_of_Stake
Proof of Stake allows you to create coins within your wallet, without having to use any of your hash power. Simply open your wallet a few times a week and BOOM! Extra coins at your disposal.
Couple POS coins for those unaware:
Peercoin - $4.41 USD/PPC
Novacoin - $7.28 USD/NVC
These coins are established and have been available for quite some time. Want to get on the POS train early??
MINTcoin
Hobonickels
GalaxyCoin
and more can be found here in StakeHunter's thread:
https://bitcointalksearch.org/topic/proof-of-stake-coin-list-458726
Enjoy!
Introducing.... Proof of Stake! https://en.bitcoin.it/wiki/Proof_of_Stake
Proof of Stake allows you to create coins within your wallet, without having to use any of your hash power. Simply open your wallet a few times a week and BOOM! Extra coins at your disposal.
Couple POS coins for those unaware:
Peercoin - $4.41 USD/PPC
Novacoin - $7.28 USD/NVC
These coins are established and have been available for quite some time. Want to get on the POS train early??
MINTcoin
Hobonickels
GalaxyCoin
and more can be found here in StakeHunter's thread:
https://bitcointalksearch.org/topic/proof-of-stake-coin-list-458726
Enjoy!
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