Tuesday, March 04, 2014

Mintcoin, the new and exciting alt coin

It seems like every day we are being introduced to a new alt coin now that Bitcoin has become such a successful currency. The problem is, many of these coins have a limited focus on the future and how to maintain growth. There is where coins such as Mintcoin become unique. Unlike other alt coins, Mintcoins can only be mined for a limited period of time, after that, the mines shut and your personal wallet accumulates interest. What makes this special? It gives everybody a chance to earn coins no matter how powerful or weak their computer is. The biggest issue with alt coins right now is if you don't have the money to invest on building high end gaming machines, you're basically out of luck when it comes to mining. Mint shakes this up by giving miners a limited time to mine and after that, it's all done from the wallet allowing everybody to become a miner. There's another plus to this as well, it reduces its carbon footprint on the world. Now that is something I can stand behind.

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