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Topic: New gold-backed cryptocurrency INNcoin allows you to mine gold for free - page 5. (Read 21028 times)

full member
Activity: 140
Merit: 100
At least the difficulty dropped to around 1, which is letting me snag a block about every 15 minutes on average.

Is a block a single INNcoin or is that a group of 48?  I ask because my system seems to be mining them in groups of 48INNcoin per transaction.  So far I have 2682.001 with 96INN waiting to mature.

Yes, a block equals 48 INN.
newbie
Activity: 3
Merit: 0
At least the difficulty dropped to around 1, which is letting me snag a block about every 15 minutes on average.

Is a block a single INNcoin or is that a group of 48?  I ask because my system seems to be mining them in groups of 48INNcoin per transaction.  So far I have 2682.001 with 96INN waiting to mature.
full member
Activity: 140
Merit: 100
will this coin ever be traded somewhere?  Roll Eyes

Traded to Anthem for gold stored in their vault.  Small-scale test, but great to have a coin backed by something of real value.  I am getting close to enough to trade in my INN for a gram of gold.    Grin

and what is the current price in INNcoins?

can you provide a link?

Have you read the first page of this thread?  Here is what my steps were thus far:  I read what was here to know what was going on, opened a free account with Anthem Vault which allows you to get the INNcoin wallet and started mining.  After mining for a while, I asked the company for clarification about trading in the coins.  After you mine 100,000 INN you trade them in for a gram of gold.  The value of your INN depends on the current price of a gram of gold.  I hope that helps..
hero member
Activity: 734
Merit: 500
will this coin ever be traded somewhere?  Roll Eyes

Traded to Anthem for gold stored in their vault.  Small-scale test, but great to have a coin backed by something of real value.  I am getting close to enough to trade in my INN for a gram of gold.    Grin

and what is the current price in INNcoins?

can you provide a link?
full member
Activity: 140
Merit: 100
will this coin ever be traded somewhere?  Roll Eyes

Traded to Anthem for gold stored in their vault.  Small-scale test, but great to have a coin backed by something of real value.  I am getting close to enough to trade in my INN for a gram of gold.    Grin
hero member
Activity: 734
Merit: 500
will this coin ever be traded somewhere?  Roll Eyes
hero member
Activity: 734
Merit: 500
I am asking for one... Still waiting
sr. member
Activity: 258
Merit: 250
where is the mac wallet???
Who told you there is a mac wallet ?
hero member
Activity: 734
Merit: 500
where is the mac wallet???
full member
Activity: 140
Merit: 100
damn,

i know how to use any wallet!
i do mining this coin use hd7950 up to 3,6M/s
my wallet is online and synced, my coins are transfered every 50coins into this wallet...

why i can´t see any ballance of this coin or gold into anthemvaultsite?

I believe you have to purchase some gold.  I haven't tried it yet, but after some more mining I will be making a purchase and will ask about redeeming my INN as part of the purchase.

UPDATE:  I emailed Anthem asking about how to claim gold with INN, and they wrote me back to explain that you have to mine 100,000 coins before turning them in for a gram of gold.  I am past the 25% mark and will keep mining.  :-)

1 gram gold bar   =   $41.15

Source:
http://www.goldgrambars.com/

How much does it cost to mine 100,000 coins in term of electricity, hosting and equipments?


At my rate it would seem to take 5.091241694 years if i continue to average 54 INN per day on a single computer running ~98k hash / sec

At least the difficulty dropped to around 1, which is letting me snag a block about every 15 minutes on average.
newbie
Activity: 3
Merit: 0
damn,

i know how to use any wallet!
i do mining this coin use hd7950 up to 3,6M/s
my wallet is online and synced, my coins are transfered every 50coins into this wallet...

why i can´t see any ballance of this coin or gold into anthemvaultsite?

I believe you have to purchase some gold.  I haven't tried it yet, but after some more mining I will be making a purchase and will ask about redeeming my INN as part of the purchase.

UPDATE:  I emailed Anthem asking about how to claim gold with INN, and they wrote me back to explain that you have to mine 100,000 coins before turning them in for a gram of gold.  I am past the 25% mark and will keep mining.  :-)

1 gram gold bar   =   $41.15

Source:
http://www.goldgrambars.com/

How much does it cost to mine 100,000 coins in term of electricity, hosting and equipments?


At my rate it would seem to take 5.091241694 years if i continue to average 54 INN per day on a single computer running ~98k hash / sec
full member
Activity: 140
Merit: 100
damn,

i know how to use any wallet!
i do mining this coin use hd7950 up to 3,6M/s
my wallet is online and synced, my coins are transfered every 50coins into this wallet...

why i can´t see any ballance of this coin or gold into anthemvaultsite?

I believe you have to purchase some gold.  I haven't tried it yet, but after some more mining I will be making a purchase and will ask about redeeming my INN as part of the purchase.

UPDATE:  I emailed Anthem asking about how to claim gold with INN, and they wrote me back to explain that you have to mine 100,000 coins before turning them in for a gram of gold.  I am past the 25% mark and will keep mining.  :-)
You are our Face !   Grin 

Glad to be of service.   :-)
full member
Activity: 363
Merit: 100
SWISSREALCOIN - FIRST REAL ESTATE CRYPTO TOKEN
damn,

i know how to use any wallet!
i do mining this coin use hd7950 up to 3,6M/s
my wallet is online and synced, my coins are transfered every 50coins into this wallet...

why i can´t see any ballance of this coin or gold into anthemvaultsite?

I believe you have to purchase some gold.  I haven't tried it yet, but after some more mining I will be making a purchase and will ask about redeeming my INN as part of the purchase.

UPDATE:  I emailed Anthem asking about how to claim gold with INN, and they wrote me back to explain that you have to mine 100,000 coins before turning them in for a gram of gold.  I am past the 25% mark and will keep mining.  :-)

1 gram gold bar   =   $41.15

Source:
http://www.goldgrambars.com/

How much does it cost to mine 100,000 coins in term of electricity, hosting and equipments?
hero member
Activity: 826
Merit: 1000
damn,

i know how to use any wallet!
i do mining this coin use hd7950 up to 3,6M/s
my wallet is online and synced, my coins are transfered every 50coins into this wallet...

why i can´t see any ballance of this coin or gold into anthemvaultsite?

I believe you have to purchase some gold.  I haven't tried it yet, but after some more mining I will be making a purchase and will ask about redeeming my INN as part of the purchase.

UPDATE:  I emailed Anthem asking about how to claim gold with INN, and they wrote me back to explain that you have to mine 100,000 coins before turning them in for a gram of gold.  I am past the 25% mark and will keep mining.  :-)

1 gram gold bar   =   $41.15

Source:
http://www.goldgrambars.com/
hero member
Activity: 826
Merit: 1000
idk if anyone did the math but each coin is worth 84 satoshi. 3.5 oz of gold to back 10 million coins is a joke
newbie
Activity: 3
Merit: 0
Well I am 1674.001 INNcoins into the mining process at roughly 95k hashes per second.  I started mining it ever since BenSwann.com announced it via their newsletter on July 22.  So far that is exactly 1 month of farming almost completely non-stop on an AMD Phenom II x6 which is 100% utilized with the Anthem Vault windows mining client (on Win 7 pro).
sr. member
Activity: 258
Merit: 250
damn,

i know how to use any wallet!
i do mining this coin use hd7950 up to 3,6M/s
my wallet is online and synced, my coins are transfered every 50coins into this wallet...

why i can´t see any ballance of this coin or gold into anthemvaultsite?

I believe you have to purchase some gold.  I haven't tried it yet, but after some more mining I will be making a purchase and will ask about redeeming my INN as part of the purchase.

UPDATE:  I emailed Anthem asking about how to claim gold with INN, and they wrote me back to explain that you have to mine 100,000 coins before turning them in for a gram of gold.  I am past the 25% mark and will keep mining.  :-)
You are our Face !   Grin 
full member
Activity: 140
Merit: 100
damn,

i know how to use any wallet!
i do mining this coin use hd7950 up to 3,6M/s
my wallet is online and synced, my coins are transfered every 50coins into this wallet...

why i can´t see any ballance of this coin or gold into anthemvaultsite?

I believe you have to purchase some gold.  I haven't tried it yet, but after some more mining I will be making a purchase and will ask about redeeming my INN as part of the purchase.

UPDATE:  I emailed Anthem asking about how to claim gold with INN, and they wrote me back to explain that you have to mine 100,000 coins before turning them in for a gram of gold.  I am past the 25% mark and will keep mining.  :-)
sr. member
Activity: 258
Merit: 250
the gold is in a vault =

the shit hits the fan =

you are left holding your dick.

i'd literally buy bottle caps.
the gold is in the vault - true

the shit hits the fan - true / open your umbrella/

you are left holding your dick - not so bad if it still works  Grin

i'd literally buy bottle caps - you think you can buy INNcoin - whrong  Cool
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
the gold is in a vault =

the shit hits the fan =

you are left holding your dick.

i'd literally buy bottle caps.
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