New gold-backed cryptocurrency INNcoin allows you to mine gold for free - page 5.

bradfrogger

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Activity: 140

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Quote from: jason4idaho on September 04, 2014, 10:04:27 PM

Quote from: bradfrogger on August 24, 2014, 05:27:56 AM

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.

jason4idaho

newbie

Activity: 3

Merit: 0

Quote from: bradfrogger on August 24, 2014, 05:27:56 AM

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.

bradfrogger

full member

Activity: 140

Merit: 100

Quote from: Jiggy0001 on August 30, 2014, 01:21:45 PM

Quote from: bradfrogger on August 30, 2014, 12:29:31 PM

Quote from: Jiggy0001 on August 30, 2014, 11:00:34 AM

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..

Jiggy0001

hero member

Activity: 734

Merit: 500

Quote from: bradfrogger on August 30, 2014, 12:29:31 PM

Quote from: Jiggy0001 on August 30, 2014, 11:00:34 AM

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?

bradfrogger

full member

Activity: 140

Merit: 100

Quote from: Jiggy0001 on August 30, 2014, 11:00:34 AM

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

Jiggy0001

hero member

Activity: 734

Merit: 500

will this coin ever be traded somewhere? Roll Eyes

Jiggy0001

hero member

Activity: 734

Merit: 500

I am asking for one... Still waiting

M1SHO

sr. member

Activity: 258

Merit: 250

Quote from: Jiggy0001 on August 28, 2014, 01:18:18 PM

where is the mac wallet???

Who told you there is a mac wallet ?

Jiggy0001

hero member

Activity: 734

Merit: 500

where is the mac wallet???

bradfrogger

full member

Activity: 140

Merit: 100

Quote from: jason4idaho on August 24, 2014, 01:58:43 AM

Quote from: leezay on August 23, 2014, 05:57:57 AM

Quote from: BitCoinPokerBro on August 23, 2014, 03:53:26 AM

Quote from: bradfrogger on August 19, 2014, 06:20:50 PM

Quote from: bradfrogger on August 17, 2014, 12:36:07 PM

Quote from: hbheiner on August 17, 2014, 02:56:11 AM

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.

jason4idaho

newbie

Activity: 3

Merit: 0

Quote from: leezay on August 23, 2014, 05:57:57 AM

Quote from: BitCoinPokerBro on August 23, 2014, 03:53:26 AM

Quote from: bradfrogger on August 19, 2014, 06:20:50 PM

Quote from: bradfrogger on August 17, 2014, 12:36:07 PM

Quote from: hbheiner on August 17, 2014, 02:56:11 AM

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

bradfrogger

full member

Activity: 140

Merit: 100

Quote from: M1SHO on August 22, 2014, 06:18:10 PM

Quote from: bradfrogger on August 19, 2014, 06:20:50 PM

Quote from: bradfrogger on August 17, 2014, 12:36:07 PM

Quote from: hbheiner on August 17, 2014, 02:56:11 AM

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. :-)

leezay

full member

Activity: 363

Merit: 100

SWISSREALCOIN - FIRST REAL ESTATE CRYPTO TOKEN

Quote from: BitCoinPokerBro on August 23, 2014, 03:53:26 AM

Quote from: bradfrogger on August 19, 2014, 06:20:50 PM

Quote from: bradfrogger on August 17, 2014, 12:36:07 PM

Quote from: hbheiner on August 17, 2014, 02:56:11 AM

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?

BitCoinPokerBro

hero member

Activity: 826

Merit: 1000

Quote from: bradfrogger on August 19, 2014, 06:20:50 PM

Quote from: bradfrogger on August 17, 2014, 12:36:07 PM

Quote from: hbheiner on August 17, 2014, 02:56:11 AM

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/

BitCoinPokerBro

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

jason4idaho

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).

M1SHO

sr. member

Activity: 258

Merit: 250

Quote from: bradfrogger on August 19, 2014, 06:20:50 PM

Quote from: bradfrogger on August 17, 2014, 12:36:07 PM

Quote from: hbheiner on August 17, 2014, 02:56:11 AM

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

bradfrogger

full member

Activity: 140

Merit: 100

Quote from: bradfrogger on August 17, 2014, 12:36:07 PM

Quote from: hbheiner on August 17, 2014, 02:56:11 AM

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. :-)

M1SHO

sr. member

Activity: 258

Merit: 250

Quote from: digitalindustry on August 17, 2014, 12:53:31 PM

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

digitalindustry

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.

Topic: New gold-backed cryptocurrency INNcoin allows you to mine gold for free - page 5. (Read 21024 times)