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Found 15 results

  1. MineBlocks Pool has stratum servers in the UK. No registration required They have upgraded to the latest Mincoin Core v0.14.3. You can find more about them on Discord,Telegram and Twitter.
  2. Austpool is a full-featured yaamp pool with stratum servers in Australia. No Registration Required The only known point of contact is their email address. admin@austpool.com M8CsaM6RUKqjfJR5PbYv4Y5zVzaZskhHyA
  3. Crypto Pool is a full-featured YiiMP pool with stratum servers in Germany. No Registration Required They have upgraded to the latest Mincoin Core v0.14.3. You can find more about them on Discord.
  4. FAIRPOOL is an auto exchange pool with stratum servers in the US and EU. No Registration Required They have upgraded to the latest Mincoin Core v0.14.3. You can find them on Discord Twitter and Telegram.
  5. Aika Pool is a full-featured MPOS pool with stratum servers in Moscow.
  6. HASH-TO-COINS added Mincoin on May 2nd, 2019 and has stratum servers in Bayern, Germany. The only known point of contact is their email address. poolmaster@hash-to-coins.com
  7. A Hash Pool is a profit-switching YiiMP pool with auto exchange. No registration required The only known point of contact is their email address. support [at] ahashpool [dot] com
  8. REaL Pool is a full-featured YiiMP pool with stratum servers in Slovakia. No registration required They have upgraded to the latest Mincoin Core v0.13.0. You can find them on Discord, and Twitter.
  9. RWInfo.Club (formerly Miningpool RW) is a full-featured YiiMP pool with stratum servers in Bavaria, Germany. No registration required They have upgraded to the latest Mincoin Core v0.14.3. You can find them on Discord.
  10. Zergpool is a full-featured YiiMP pool with autoexchange. No registration required They have upgraded to the latest Mincoin Core v0.14.3. You can find them on Discord, Twitter and BitcoinTalk.
  11. MinCoin.us Facebook | Twitter | YouTube Channel | Reddit |Google+ The.MinCoin.Project.White-Paper.pdf With great pleasure, we would like to Officially Announce An Update To The MinCoin Project! *Network & Wallet Upgrade* A Hard Fork was activated at block 1452840 which occurred early morning on Thursday, September 28th. We are excited to deliver this network upgrade which includes the following new features and introduces Mincoin v0.8.8. Difficulty Adjustment by Dark Gravity Wave v3 Mined Mincoins Fully Mature at 300 Confirmations Significantly Reduced Transaction Fees More Space in Each Block For zero/low-fee Transactions Larger Orphan Transaction Memory Pool Reduced Mininum Input Size to 25 Micro-Mincoins Full Service IPv4, IPv6 and Tor Seeds Fully Functional Testnet New Checkpoint Alert System Restored 100% Overhaul of Mincoin Code -Upgrade To The Latest Version [v0.8.8.0] Of The MinCoin Wallet- Previous Versions Of The MinCoin Wallet Are No Longer Supported!! For those who have never heard about MinCoin, below are the specifications: Launched: April 03, 2013 Proof-Of-Work: Scrypt Supply: 10 Million Coins Speed: 1 minute Difficulty Adjustment: Dark Gravity Wave v3 Subsidy: 2 MNC/Block Reduction: None Premined: Zero Premine Transaction Confirmation: 6 Full Maturity For Mined Blocks: 300 Confirmations MinCoin Tools Informational video CoinMill Exchange Rate Calculator MinCoin Block Crawler MinCoin Paper Wallet Generator MinCoin Block Explorer MinCoinBlockExplorer.com CryptoExplore.com MinCoin On BitcoinWiki.org MinCoin Pools MinCoin P2Pool 803Mine Mining-Dutch Multipool BlockMunch.Club MinCoin Community MinCoin Official Forum MinCoin IRC Channel (#MinCoin on irc.freenode.net) MinCoin on Reddit BitCoinTalk.org Thread MinCoin Wiki MinCoin Discord MinCoin Merchants CryptoBetFair Gaming MinCoin Exchanges TradeSatoshi.com CryptoHub.online MinCoin Downloads Source Code (Github) Windows Wallet (.zip) Linux Wallet (.zip) Mac OSX Wallet (.zip) * Android Wallet is currently being developed! Sample .conf file (mincoin.conf) listen=1 daemon=1 server=1 rpcuser=[username] rpcpassword=[password] rpcconnect=127.0.0.1 # Optional Recommendations # Uncomment to Activate timeout=1500 txindex=1 rpcthreads=32 shrinkdebugfile=0 dbcache=256 * Nodes are hardcoded in the wallet. We have been working really hard preparing for this re-launch, working on many projects to add more value to the coin users and supporters. Below are some of the hottest updates for MinCoin. New MinCoin Website MinCoin On Social Media MinCoin Wallet MinCoin Merchant Tools Plus many merchants to come.. MinCoin is a derivative of the Litecoin code, and Litecoin really is just a clone of Bitcoin. What separates MinCoin from both of those is it takes the best of both and it combines them into one crypto-commodity/currency. Whether Bitcoin supporters want to believe it or not, Bitcoin is a commodity not a currency and as with commodities what really drives value is limited supply/creation. With MinCoin only having 10 millions total coins to ever be produced compared to 21 millions for Bitcoin, it is pretty easy to see which one is more rare. By late September 2017, 78.9% of all Bitcoins have already been distributed, but in Mincoin - our flat emission cycle leaves 61.8% of the total Mincoin still uncirculated. "To empower people with the ability to govern their finances by enabling them with a superior method of wealth storage, wealth transfer & a mobile payment solution currency not available within today's banking system & the outdated infrastructure it supports." - Mission Statement, MinCoin Dev Team Become a part of our growing community and start using MinCoin. Go to MinCoin.us and download our all-new wallet now. MinCoin.us MinCoin has a new home. Stop by and check it out >>https://www.mincoinforum.com *Below is the original release thread/post details* I'm sure many of you have noticed that MinCoin has been having some issues with our Difficulty re-target causing a lot of instability in MNC network hashrate, Transaction Confirmation times and overall mining profitability compared to other coins. Today we have made a change to that Difficulty re-target in an effort to help create a more stable network hashrate and to also help stabilize the 1min block/confirm target. This should also help with mincoin mining profitability from a stability standpoint. However, this does require a mandatory update to the mincoin qt client and daemon for all miners and pool operators. We request that everyone upgrade prior to block 75000 as that is the target block for the new Difficulty re-target of 60blocks to take effect. Thanks again for your continued support. I think this change will help benefit everyone involved with this project. Announcing MinCoin! If you weren't an early adopter for BitCoin or LiteCoin here is your chance to become one for the fastest coin out there! https://github.com/SandyCohen/mincoin **Latest github: https://github.com/vipah/mincoin Windows 32bit binary: https://dl.dropbox.com/u/36733610/mincoin/mincoin.zip MinCoin (MNC) - a minimalist version of Bitcoin optimized for CPU mining using scrypt as a proof of work scheme. *Only 10 million coins total will be generated *1 minute block targets for ultra fast transactions *To encourage early adoption block values for first 3 days are :- 500 MNC, 100 MNC, 50 MNC *After first 3 days block value will be 2 MNC per block until all coins mined which will take roughly 10 years *Difficulty Retarget Every 60 Blocks Mining started at 12:21 UTC April 3, 2013 and was announced on IRC and the WWW not long after. There is no premine! Getting Started: Solo mining: Run mincoin.exe or compile the source from github. It should close down immediately after not finding a valid config file. -Go to %appdata%\mincoin directory and create a file called mincoin.conf . In this file add two lines rpcuser=user rpcpassword=pass Then save the file. Now run mincoin.exe again.Run CGMINER and point it to http://127.0.0.1:9335 with the username of "user" and password of "pass" If you use CGMINER set the flag "--expiry 1" option to make sure you avoid stales, ie cgminer --scrypt -o http://127.0.0.1:9335 -u user -p pass --expiry 1
  12. MinCoin.us Facebook | Twitter | YouTube Channel | Reddit |Google+ The.MinCoin.Project.White-Paper.pdf With great pleasure, we would like to Officially Announce An Update To The MinCoin Project! *Network & Wallet Upgrade* A Hard Fork was activated at block 1452840 which occurred early morning on Thursday, September 28th. We are excited to deliver this network upgrade which includes the following new features and introduces Mincoin v0.8.8. Difficulty Adjustment by Dark Gravity Wave v3 Mined Mincoins Fully Mature at 300 Confirmations Significantly Reduced Transaction Fees More Space in Each Block For zero/low-fee Transactions Larger Orphan Transaction Memory Pool Reduced Mininum Input Size to 25 Micro-Mincoins Full Service IPv4, IPv6 and Tor Seeds Fully Functional Testnet New Checkpoint Alert System Restored 100% Overhaul of Mincoin Code -Upgrade To The Latest Version [v0.8.8.0] Of The MinCoin Wallet- Previous Versions Of The MinCoin Wallet Are No Longer Supported!! For those who have never heard about MinCoin, below are the specifications: Launched: April 03, 2013 Proof-Of-Work: Scrypt Supply: 10 Million Coins Speed: 1 minute Difficulty Adjustment: Dark Gravity Wave v3 Subsidy: 2 MNC/Block Reduction: None Premined: Zero Premine Transaction Confirmation: 6 Full Maturity For Mined Blocks: 300 Confirmations MinCoin Tools Informational video CoinMill Exchange Rate Calculator MinCoin Block Crawler MinCoin Paper Wallet Generator MinCoin Block Explorer MinCoinBlockExplorer.com CryptoExplore.com MinCoin On BitcoinWiki.org MinCoin Pools MinCoin P2Pool 803Mine Mining-Dutch Multipool BlockMunch.Club MinCoin Community MinCoin Official Forum MinCoin IRC Channel (#MinCoin on irc.freenode.net) MinCoin on Reddit BitCoinTalk.org Thread MinCoin Wiki MinCoin Discord MinCoin Merchants CryptoBetFair Gaming MinCoin Exchanges TradeSatoshi.com CryptoHub.online MinCoin Downloads Source Code (Github) Windows Wallet (.zip) Linux Wallet (.zip) Mac OSX Wallet (.zip) * Android Wallet is currently being developed! Sample .conf file (mincoin.conf) listen=1 daemon=1 server=1 rpcuser=[username] rpcpassword=[password] rpcconnect=127.0.0.1 # Optional Recommendations # Uncomment to Activate timeout=1500 txindex=1 rpcthreads=32 shrinkdebugfile=0 dbcache=256 * Nodes are hardcoded in the wallet. We have been working really hard preparing for this re-launch, working on many projects to add more value to the coin users and supporters. Below are some of the hottest updates for MinCoin. New MinCoin Website MinCoin On Social Media MinCoin Wallet MinCoin Merchant Tools Plus many merchants to come.. MinCoin is a derivative of the Litecoin code, and Litecoin really is just a clone of Bitcoin. What separates MinCoin from both of those is it takes the best of both and it combines them into one crypto-commodity/currency. Whether Bitcoin supporters want to believe it or not, Bitcoin is a commodity not a currency and as with commodities what really drives value is limited supply/creation. With MinCoin only having 10 millions total coins to ever be produced compared to 21 millions for Bitcoin, it is pretty easy to see which one is more rare. By late September 2017, 78.9% of all Bitcoins have already been distributed, but in Mincoin - our flat emission cycle leaves 61.8% of the total Mincoin still uncirculated. "To empower people with the ability to govern their finances by enabling them with a superior method of wealth storage, wealth transfer & a mobile payment solution currency not available within today's banking system & the outdated infrastructure it supports." - Mission Statement, MinCoin Dev Team Become a part of our growing community and start using MinCoin. Go to MinCoin.us and download our all-new wallet now. MinCoin.us MinCoin has a new home. Stop by and check it out >>https://www.mincoinforum.com *Below is the original release thread/post details* I'm sure many of you have noticed that MinCoin has been having some issues with our Difficulty re-target causing a lot of instability in MNC network hashrate, Transaction Confirmation times and overall mining profitability compared to other coins. Today we have made a change to that Difficulty re-target in an effort to help create a more stable network hashrate and to also help stabilize the 1min block/confirm target. This should also help with mincoin mining profitability from a stability standpoint. However, this does require a mandatory update to the mincoin qt client and daemon for all miners and pool operators. We request that everyone upgrade prior to block 75000 as that is the target block for the new Difficulty re-target of 60blocks to take effect. Thanks again for your continued support. I think this change will help benefit everyone involved with this project. Announcing MinCoin! If you weren't an early adopter for BitCoin or LiteCoin here is your chance to become one for the fastest coin out there! https://github.com/SandyCohen/mincoin **Latest github: https://github.com/vipah/mincoin Windows 32bit binary: https://dl.dropbox.com/u/36733610/mincoin/mincoin.zip MinCoin (MNC) - a minimalist version of Bitcoin optimized for CPU mining using scrypt as a proof of work scheme. *Only 10 million coins total will be generated *1 minute block targets for ultra fast transactions *To encourage early adoption block values for first 3 days are :- 500 MNC, 100 MNC, 50 MNC *After first 3 days block value will be 2 MNC per block until all coins mined which will take roughly 10 years *Difficulty Retarget Every 60 Blocks Mining started at 12:21 UTC April 3, 2013 and was announced on IRC and the WWW not long after. There is no premine! Getting Started: Solo mining: Run mincoin.exe or compile the source from github. It should close down immediately after not finding a valid config file. -Go to %appdata%\mincoin directory and create a file called mincoin.conf . In this file add two lines rpcuser=user rpcpassword=pass Then save the file. Now run mincoin.exe again.Run CGMINER and point it to http://127.0.0.1:9335 with the username of "user" and password of "pass" If you use CGMINER set the flag "--expiry 1" option to make sure you avoid stales, ie cgminer --scrypt -o http://127.0.0.1:9335 -u user -p pass --expiry 1
  13. MinCoin.us Facebook | Twitter | YouTube Channel | Reddit |Google+ The.MinCoin.Project.White-Paper.pdf With great pleasure, we would like to Officially Announce An Update To The MinCoin Project! *Network & Wallet Upgrade* A Hard Fork was activated at block 1452840 which occurred early morning on Thursday, September 28th. We are excited to deliver this network upgrade which includes the following new features and introduces Mincoin v0.8.8. Difficulty Adjustment by Dark Gravity Wave v3 Mined Mincoins Fully Mature at 300 Confirmations Significantly Reduced Transaction Fees More Space in Each Block For zero/low-fee Transactions Larger Orphan Transaction Memory Pool Reduced Mininum Input Size to 25 Micro-Mincoins Full Service IPv4, IPv6 and Tor Seeds Fully Functional Testnet New Checkpoint Alert System Restored 100% Overhaul of Mincoin Code -Upgrade To The Latest Version [v0.8.8.0] Of The MinCoin Wallet- Previous Versions Of The MinCoin Wallet Are No Longer Supported!! For those who have never heard about MinCoin, below are the specifications: Launched: April 03, 2013 Proof-Of-Work: Scrypt Supply: 10 Million Coins Speed: 1 minute Difficulty Adjustment: Dark Gravity Wave v3 Subsidy: 2 MNC/Block Reduction: None Premined: Zero Premine Transaction Confirmation: 6 Full Maturity For Mined Blocks: 300 Confirmations MinCoin Tools Informational video CoinMill Exchange Rate Calculator MinCoin Block Crawler MinCoin Paper Wallet Generator MinCoin Block Explorer MinCoinBlockExplorer.com CryptoExplore.com MinCoin On BitcoinWiki.org MinCoin Pools MinCoin P2Pool 803Mine Mining-Dutch Multipool BlockMunch.Club MinCoin Community MinCoin Official Forum MinCoin IRC Channel (#MinCoin on irc.freenode.net) MinCoin on Reddit BitCoinTalk.org Thread MinCoin Wiki MinCoin Discord MinCoin Merchants CryptoBetFair Gaming MinCoin Exchanges TradeSatoshi.com CryptoHub.online MinCoin Downloads Source Code (Github) Windows Wallet (.zip) Linux Wallet (.zip) Mac OSX Wallet (.zip) * Android Wallet is currently being developed! Sample .conf file (mincoin.conf) listen=1 daemon=1 server=1 rpcuser=[username] rpcpassword=[password] rpcconnect=127.0.0.1 # Optional Recommendations # Uncomment to Activate timeout=1500 txindex=1 rpcthreads=32 shrinkdebugfile=0 dbcache=256 * Nodes are hardcoded in the wallet. We have been working really hard preparing for this re-launch, working on many projects to add more value to the coin users and supporters. Below are some of the hottest updates for MinCoin. New MinCoin Website MinCoin On Social Media MinCoin Wallet MinCoin Merchant Tools Plus many merchants to come.. MinCoin is a derivative of the Litecoin code, and Litecoin really is just a clone of Bitcoin. What separates MinCoin from both of those is it takes the best of both and it combines them into one crypto-commodity/currency. Whether Bitcoin supporters want to believe it or not, Bitcoin is a commodity not a currency and as with commodities what really drives value is limited supply/creation. With MinCoin only having 10 millions total coins to ever be produced compared to 21 millions for Bitcoin, it is pretty easy to see which one is more rare. By late September 2017, 78.9% of all Bitcoins have already been distributed, but in Mincoin - our flat emission cycle leaves 61.8% of the total Mincoin still uncirculated. "To empower people with the ability to govern their finances by enabling them with a superior method of wealth storage, wealth transfer & a mobile payment solution currency not available within today's banking system & the outdated infrastructure it supports." - Mission Statement, MinCoin Dev Team Become a part of our growing community and start using MinCoin. Go to MinCoin.us and download our all-new wallet now. MinCoin.us MinCoin has a new home. Stop by and check it out >>https://www.mincoinforum.com *Below is the original release thread/post details* I'm sure many of you have noticed that MinCoin has been having some issues with our Difficulty re-target causing a lot of instability in MNC network hashrate, Transaction Confirmation times and overall mining profitability compared to other coins. Today we have made a change to that Difficulty re-target in an effort to help create a more stable network hashrate and to also help stabilize the 1min block/confirm target. This should also help with mincoin mining profitability from a stability standpoint. However, this does require a mandatory update to the mincoin qt client and daemon for all miners and pool operators. We request that everyone upgrade prior to block 75000 as that is the target block for the new Difficulty re-target of 60blocks to take effect. Thanks again for your continued support. I think this change will help benefit everyone involved with this project. Announcing MinCoin! If you weren't an early adopter for BitCoin or LiteCoin here is your chance to become one for the fastest coin out there! https://github.com/SandyCohen/mincoin **Latest github: https://github.com/vipah/mincoin Windows 32bit binary: https://dl.dropbox.com/u/36733610/mincoin/mincoin.zip MinCoin (MNC) - a minimalist version of Bitcoin optimized for CPU mining using scrypt as a proof of work scheme. *Only 10 million coins total will be generated *1 minute block targets for ultra fast transactions *To encourage early adoption block values for first 3 days are :- 500 MNC, 100 MNC, 50 MNC *After first 3 days block value will be 2 MNC per block until all coins mined which will take roughly 10 years *Difficulty Retarget Every 60 Blocks Mining started at 12:21 UTC April 3, 2013 and was announced on IRC and the WWW not long after. There is no premine! Getting Started: Solo mining: Run mincoin.exe or compile the source from github. It should close down immediately after not finding a valid config file. -Go to %appdata%\mincoin directory and create a file called mincoin.conf . In this file add two lines rpcuser=user rpcpassword=pass Then save the file. Now run mincoin.exe again.Run CGMINER and point it to http://127.0.0.1:9335 with the username of "user" and password of "pass" If you use CGMINER set the flag "--expiry 1" option to make sure you avoid stales, ie cgminer --scrypt -o http://127.0.0.1:9335 -u user -p pass --expiry 1
  14. MinCoin.us Facebook | Twitter | YouTube Channel | Reddit |Google+ The.MinCoin.Project.White-Paper.pdf With great pleasure, we would like to Officially Announce An Update To The MinCoin Project! *Network & Wallet Upgrade* A Hard Fork was activated at block 1452840 which occurred early morning on Thursday, September 28th. We are excited to deliver this network upgrade which includes the following new features and introduces Mincoin v0.8.8. Difficulty Adjustment by Dark Gravity Wave v3 Mined Mincoins Fully Mature at 300 Confirmations Significantly Reduced Transaction Fees More Space in Each Block For zero/low-fee Transactions Larger Orphan Transaction Memory Pool Reduced Mininum Input Size to 25 Micro-Mincoins Full Service IPv4, IPv6 and Tor Seeds Fully Functional Testnet New Checkpoint Alert System Restored 100% Overhaul of Mincoin Code -Upgrade To The Latest Version [v0.8.8.0] Of The MinCoin Wallet- Previous Versions Of The MinCoin Wallet Are No Longer Supported!! For those who have never heard about MinCoin, below are the specifications: Launched: April 03, 2013 Proof-Of-Work: Scrypt Supply: 10 Million Coins Speed: 1 minute Difficulty Adjustment: Dark Gravity Wave v3 Subsidy: 2 MNC/Block Reduction: None Premined: Zero Premine Transaction Confirmation: 6 Full Maturity For Mined Blocks: 300 Confirmations MinCoin Tools Informational video CoinMill Exchange Rate Calculator MinCoin Block Crawler MinCoin Paper Wallet Generator MinCoin Block Explorer MinCoinBlockExplorer.com CryptoExplore.com MinCoin On BitcoinWiki.org MinCoin Pools MinCoin P2Pool 803Mine Mining-Dutch Multipool BlockMunch.Club MinCoin Community MinCoin Official Forum MinCoin IRC Channel (#MinCoin on irc.freenode.net) MinCoin on Reddit BitCoinTalk.org Thread MinCoin Wiki MinCoin Discord MinCoin Merchants CryptoBetFair Gaming MinCoin Exchanges TradeSatoshi.com CryptoHub.online MinCoin Downloads Source Code (Github) Windows Wallet (.zip) Linux Wallet (.zip) Mac OSX Wallet (.zip) * Android Wallet is currently being developed! Sample .conf file (mincoin.conf) listen=1 daemon=1 server=1 rpcuser=[username] rpcpassword=[password] rpcconnect=127.0.0.1 # Optional Recommendations # Uncomment to Activate timeout=1500 txindex=1 rpcthreads=32 shrinkdebugfile=0 dbcache=256 * Nodes are hardcoded in the wallet. We have been working really hard preparing for this re-launch, working on many projects to add more value to the coin users and supporters. Below are some of the hottest updates for MinCoin. New MinCoin Website MinCoin On Social Media MinCoin Wallet MinCoin Merchant Tools Plus many merchants to come.. MinCoin is a derivative of the Litecoin code, and Litecoin really is just a clone of Bitcoin. What separates MinCoin from both of those is it takes the best of both and it combines them into one crypto-commodity/currency. Whether Bitcoin supporters want to believe it or not, Bitcoin is a commodity not a currency and as with commodities what really drives value is limited supply/creation. With MinCoin only having 10 millions total coins to ever be produced compared to 21 millions for Bitcoin, it is pretty easy to see which one is more rare. By late September 2017, 78.9% of all Bitcoins have already been distributed, but in Mincoin - our flat emission cycle leaves 61.8% of the total Mincoin still uncirculated. "To empower people with the ability to govern their finances by enabling them with a superior method of wealth storage, wealth transfer & a mobile payment solution currency not available within today's banking system & the outdated infrastructure it supports." - Mission Statement, MinCoin Dev Team Become a part of our growing community and start using MinCoin. Go to MinCoin.us and download our all-new wallet now. MinCoin.us MinCoin has a new home. Stop by and check it out >>https://www.mincoinforum.com *Below is the original release thread/post details* I'm sure many of you have noticed that MinCoin has been having some issues with our Difficulty re-target causing a lot of instability in MNC network hashrate, Transaction Confirmation times and overall mining profitability compared to other coins. Today we have made a change to that Difficulty re-target in an effort to help create a more stable network hashrate and to also help stabilize the 1min block/confirm target. This should also help with mincoin mining profitability from a stability standpoint. However, this does require a mandatory update to the mincoin qt client and daemon for all miners and pool operators. We request that everyone upgrade prior to block 75000 as that is the target block for the new Difficulty re-target of 60blocks to take effect. Thanks again for your continued support. I think this change will help benefit everyone involved with this project. Announcing MinCoin! If you weren't an early adopter for BitCoin or LiteCoin here is your chance to become one for the fastest coin out there! https://github.com/SandyCohen/mincoin **Latest github: https://github.com/vipah/mincoin Windows 32bit binary: https://dl.dropbox.com/u/36733610/mincoin/mincoin.zip MinCoin (MNC) - a minimalist version of Bitcoin optimized for CPU mining using scrypt as a proof of work scheme. *Only 10 million coins total will be generated *1 minute block targets for ultra fast transactions *To encourage early adoption block values for first 3 days are :- 500 MNC, 100 MNC, 50 MNC *After first 3 days block value will be 2 MNC per block until all coins mined which will take roughly 10 years *Difficulty Retarget Every 60 Blocks Mining started at 12:21 UTC April 3, 2013 and was announced on IRC and the WWW not long after. There is no premine! Getting Started: Solo mining: Run mincoin.exe or compile the source from github. It should close down immediately after not finding a valid config file. -Go to %appdata%\mincoin directory and create a file called mincoin.conf . In this file add two lines rpcuser=user rpcpassword=pass Then save the file. Now run mincoin.exe again.Run CGMINER and point it to http://127.0.0.1:9335 with the username of "user" and password of "pass" If you use CGMINER set the flag "--expiry 1" option to make sure you avoid stales, ie cgminer --scrypt -o http://127.0.0.1:9335 -u user -p pass --expiry 1
  15. 10/15/2013: This thread is intended to be an introduction for anyone looking to learn more about the scrypt algorithm, which is the current "mining algorithm" in use for MinCoin. I will be adding to/coherently organizing this when I have more time, but for now it is good to start the discussion. The Scrypt Algorithm: A Primer (http://www.tarsnap.com/scrypt/scrypt.pdf) (main site) (http://www.tarsnap.com/scrypt/scrypt.pdf) (white paper) Scrypt was created by Colin Percival in May 2009 in an attempt to make a much more secure encryption mechanism than PBKDF2 and bcrypt. "Secure" is used here in the sense of being extremely expensive in both time and hardware to decrypt without the cryptographic key used to gain access to the information that has been encrypted. Q: What does this mean? It means that compared to other encryption mechanisms (say SHA256, Bitcoin's), it is many thousands of times more expensive to "attack" a person's encrypted data by trying to guess their password by trying millions of guesses. This is called brute forcing. Q: But why? The way I've read it so far, scrypt is "sequentially memory-hard" (it stores a lot of data in RAM during hashing). Specialized RAM is super expensive because engineers want to be paid a lot of money for trying to figure out how to make it store more data quickly. In fact, Percival estimates that it would take $19 billion USD in technology and electricity and one year of time to use all possible guesses on a scrypt-encrypted, 8 character password string. That's expensive compared to a password encrypted in bcrypt or PBKDF2 (millions and thousands respectively). Q: Why is scrypt so hard to attack? This question is above my head currently. You should read the white paper published freely by Percival, and you should also read D.J. Bernstein's work on salsa20, the scrambling function in scrypt. (http://cr.yp.to/salsa20.html) Q: What does this have to do with MinCoin? Roughly every minute, a block is successfully mined and reported to the MinCoin network. Transactions reported to the network are stored in blocks. To prevent people from spamming fake transactions to the network, transactions are verified with cryptographic keys, which are hard to fraudulently make unless you are the true owner. This is the cryptography part of cryptocurrencies that makes them so useful and valuable- encrypted bits of data are valuable because they are so secure and unreproducible that they simulate owning a physical object of value (USD, gold, cake, whatever). I will eventually make both a simpler and more technical discussion of the algorithm here. Please reply/pm/email me with any questions you have about this material!
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