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Topic: New gold-backed cryptocurrency INNcoin allows you to mine gold for free - page 10. (Read 21028 times)

sr. member
Activity: 322
Merit: 250
Ive been mining it for the last 24hrs, the only info I can find on it is from the website itself or all of the press releases. Any thoughts Huh

I have been mining it for 8 hours now and have 350 INN, so looking good.

What's the current value of the coin? How can I exchange it for BTC?

From reading their website (link below), 1 INN equals 100,000th of a gram of gold, so the value will fluctuate as the price of gold does.  I like the thinking behind this coin, since it is actually backed up by a hard asset (gold). I have not seen a place to exchange INN for BTC.

https://www.anthemvault.com

I've got 120000 hashes on it. Is that going it get me anywhere?
full member
Activity: 140
Merit: 100
No nodes in the network... poof!
 Undecided

Nodes are in the CONF file.

can you put your conf file?

Addnodes from CONF file:

addnode=95.85.14.180
addnode=107.170.16.129
hero member
Activity: 686
Merit: 500
sr. member
Activity: 434
Merit: 250
"The mass of men lead lives of quiet desperation."
I don't know man, this seems really sketchy to me. 
sr. member
Activity: 322
Merit: 250
Credits CRD 1st Decentralized Exchange coin
full member
Activity: 140
Merit: 100
Ive been mining it for the last 24hrs, the only info I can find on it is from the website itself or all of the press releases. Any thoughts Huh

I have been mining it for 8 hours now and have 350 INN, so looking good.

What's the current value of the coin? How can I exchange it for BTC?

From reading their website (link below), 1 INN equals 100,000th of a gram of gold, so the value will fluctuate as the price of gold does.  I like the thinking behind this coin, since it is actually backed up by a hard asset (gold). I have not seen a place to exchange INN for BTC.

https://www.anthemvault.com
sr. member
Activity: 322
Merit: 250
Ive been mining it for the last 24hrs, the only info I can find on it is from the website itself or all of the press releases. Any thoughts Huh

I have been mining it for 8 hours now and have 350 INN, so looking good.

What's the current value of the coin? How can I exchange it for BTC?
full member
Activity: 140
Merit: 100
No nodes in the network... poof!
 Undecided

Nodes are in the CONF file.
full member
Activity: 140
Merit: 100
Where is the official ANN thread of this coin? I cant find it on here. Also, what algorithm uses? What gains can I expect with a old Q6600 CPU and not so old r7850 GPU? I guess about shit nothing but whatever.

I could not find an ANN thread either.  Algorithm is X11.
full member
Activity: 140
Merit: 100
Ive been mining it for the last 24hrs, the only info I can find on it is from the website itself or all of the press releases. Any thoughts Huh

I have been mining it for 8 hours now and have 350 INN, so looking good.

What kind of hardware do you have? Does it take massive hash power to mine?

Running dual Radeon R9-280X 3GB's and getting 6 MHash total. X11 algo.
newbie
Activity: 52
Merit: 0
Ive been mining it for the last 24hrs, the only info I can find on it is from the website itself or all of the press releases. Any thoughts Huh

I have been mining it for 8 hours now and have 350 INN, so looking good.

What kind of hardware do you have? Does it take massive hash power to mine?
full member
Activity: 140
Merit: 100
Ive been mining it for the last 24hrs, the only info I can find on it is from the website itself or all of the press releases. Any thoughts Huh

I have been mining it for 8 hours now and have 350 INN, so looking good.
hero member
Activity: 734
Merit: 507
Quote
(Reuters) - U.S. precious metals dealer Anthem Vault Inc said on Wednesday it has launched the first digital currency backed by physical gold, with an aim to increase the use of bullion as an accepted form of electronic money.

Las Vegas-based Anthem said it will launch 10 million "INNCoins" backed by 100 grams (3.5 ounces) of gold, with all coins expected to be in circulation by July 2015.

"It should make gold more acceptable as a form of currency by combining its appeal as a store of value and a much more efficient medium of exchange," said Anthem Blanchard, chief executive of Anthem Vault, who previously worked at online precious metals market GoldMoney.

Blanchard said Wednesday's launch was a promotional offering, and the company has plans to offer a full suite of virtual currencies backed by a larger amount of gold as well as other precious metals at the end of September.
Source: http://in.reuters.com/article/2014/07/16/us-gold-bitcoin-idINKBN0FL2LQ20140716
sr. member
Activity: 322
Merit: 250
Where is the official ANN thread of this coin? I cant find it on here. Also, what algorithm uses? What gains can I expect with a old Q6600 CPU and not so old r7850 GPU? I guess about shit nothing but whatever.
newbie
Activity: 15
Merit: 0
What are the mining details that you need to mine ?
sr. member
Activity: 322
Merit: 250
Stopped mining. Got nothing from it, though the easy yo use mining feature was nice.
legendary
Activity: 1512
Merit: 1057
SpacePirate.io
No nodes in the network... poof!
 Undecided
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
sr. member
Activity: 322
Merit: 250
Ive been mining it for the last 24hrs, the only info I can find on it is from the website itself or all of the press releases. Any thoughts Huh

How did you get the wallet?  I signed up, skipped the verification since it asked my social security number, but I don't see a link for the wallet.  If I have to provide an SSN for the wallet, then I guess I won't be mining this coin...

I didn't have to provide any information for the wallet.

Edit: Try downloading directly from the site here: https://www .anthemvault.com/media/uploads/inncoin-0.8.6.5a-win32-setup.exe

Caution! This is a direct download link! I had to put a space so it would not be flagged.
member
Activity: 70
Merit: 10
to make more better goodness
Ive been mining it for the last 24hrs, the only info I can find on it is from the website itself or all of the press releases. Any thoughts Huh

How did you get the wallet?  I signed up, skipped the verification since it asked my social security number, but I don't see a link for the wallet.  If I have to provide an SSN for the wallet, then I guess I won't be mining this coin...
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