Bitcoin, LiteCoin and DogeCoin, along with tons of other new crypto currencies are popping up all over the internet and coin exchange markets. With so many newcomers on the block, which do you choose to mine, trade and collect? I have sifted through a lot of information and statistics to find one certain coin you should be keeping your eyes on……
MintCoin is a new comer to the crypto currency market, and this one looks like a real winner. This coin is a hybrid of two well-known cryptocoin algorithms, one being the Proof-of-Work (POW) and the other is Proof-of-Stake (POS). You can check out the official www.mintcoin.cc
A Green Alternative is how this coin is becoming to be known. Minting the coin provides an energy savings and greener alternative to mining. Over $15 million a day is been used and wasted mining other crypto currencies, but MintCoin won’t be among those wasting energy. The initial “mining” period is only 5 weeks, and then the coin turns to pure (PoS)
The Proof-of-Work uses “mining” to secure the network and generate the coins.
The Proof-of-Stake uses “minting” to secure the network and also generate coins as “interest”
The interest the coin will make on the first year will be 20%. This is outstanding news!!! For example, if you are holding 10,000 coins in your wallet, you will then generate an additional 2,000 coins giving you a total of 12,000 coins after the first year. The second and third year interest is 15% and 10% respectively. Years after the third year are set at 5% interest.
If you are interested in getting a head start with this new coin, hop on over to the forum below, register for free and post asking for 1000 coins FOR FREE!! That’s all there is to it!!! FREE 1000 MintCoins to get you started!!!!