Click me

The Mintcoin Project

Secure - Fair - Energy Efficient THE MINTCOIN PROJECTI BitCoin mining is not only costly, it's not environment friendly at all. The Cost of BitCoin Mining BitCoin mining uses $15 million's worth of electricity everyday. The Bitcoin network electricity consumption increasing by more than 64 MWh/day. This usage is expected to increase as BitCoin draws even more popularity and users. Year (2009-2013) Figurative M Wh/day, no actual data available Figurative Increase in Power Usage Such is the environmental problems that MintCoin tries to address. Mintcoin is a secure and efficient BitCoin alternative with fair distribution MINTCOIN 70 B Fair Distribution Investor Friendly Environment Friendly Everyone is given the chance to grab Mintcoin initially, not just a limited number of people. Holding coins generates interest, giving you more value for your investment. A total of 70 billion MintCoins is set to be distributed in a span of 4 years. After the initial mining period, Mintcoin no longer requires mining, saving a lot of energy and electricity. accepled here MintCoin Explained The Advantages Coin Distribution MintCoin is a hybrid of two well known cryptocoin algorithm, the Proof-of-Work (POW) and Proof- of-Stake (POS) algorithms. The coin will be first available through mining using the Scrypt algorithm for 5 weeks. MintCoin takes the best of both worlds: The security of Scrypt-based Proof-of-Work algorithm Proof of Work uses "mining" to secure the network and generate coins. After the mining period, the coin turns pure PoS. And the sustainability of the Proof-of-Stake algorithm Proof of Stake uses "minting" to secure the network and generate coins as 'interests.' Variable Interest Rates: The initial distribution of coins through mining ensures the majority of the network isn't controlled by a single entity. 20% for the 1st year MintCoin is also great for investing. 15% for the 2nd year Holding MintCoins in your wallet will generate more coins at a variable interest rate. 10% for the 3rd year 5% for the succeeding years A Green Alternative mintcoin MintCoin is set to minimize the environmental concerns raised by BitCoin mining. Join the change. Start using MintCoin today! Download the Wallet: Let's get social! Connect with fellow users: https://tv MintCoin Block Explorer: Trade your Mints! MintPal NewAltEx References: 1. 2. 3. millions-worth-of-electricity-every-day/ Power Usage in MWh/day

The Mintcoin Project

shared by cepheid08 on Feb 16
1 share
1 comment
MintCoin is a fairly distributed greener alternative to BitCoin. MintCoin does not constantly require 'mining,' an energy extensive process required to secure the BitCoin network from any malicious in...






Did you work on this visual? Claim credit!

Get a Quote

Embed Code

For hosted site:

Click the code to copy


Click the code to copy
Customize size