[DazME]

This is sooo sup'pah Kule! and I'm already part of it..what more can I ask for..wow thanks guys!

[Aethercollector]

Actually it's not a joke. We've decided to stake PayCon because @Crestington (and co) has done a great job in the coins development and the staking rate is 50%. Thus PayCon is a very viable coin to stake for GHminting.

Well then I stand corrected.
Sorry @Crestington for the assumption. I've been too busy tracking JG's and Co disgusting secrets and assumed you were building a spoof con-coin just to mess with HT'ers

@keymaster Okay, we have down what gets accepted into the projects.
What determines a coin to be removed from the project?
Also, when do payouts happen? Weekly/Bi-weekly?

[keymaster]

Also, when do payouts happen? Weekly/Bi-weekly?

GHminting (like GHads) is meant to build up balances in order to be able to support bad payout days or stretches of bad mining performance. We'll let it accumulate for the next week to get some numbers and then we can provide more info on how we'll distribute minting rewards in the future.

If we don't need to support payouts we'll be most likely distributing bi-weekly.

[Crestington]

It is just a spoof coin to mess with them lol

[crazyivan]

Wait, wait, let me see if I understood this correctly.

This is a staking service operated by the team with initial investment coming from miners outside of the cloud. Profits from this staking service will be used to supplement cloud payments and users are not required to invest anything into this taking service. In other words, you are increasing cloud profitability for free?

[mharter]

That is the case, and I believe was always the plan with GHx. Makes GHx all the more valuable. GH is a cool place to be!

Edit: I should say: I believe that is the case. I'll let a GH staff 100% verify it.

[crazyivan]

That is the case, and I believe was always the plan with GHx. Makes GHx all the more valuable. GH is a cool place to be!

Edit: I should say: I believe that is the case. I'll let a GH staff 100% verify it.

Very nice and unique move. Giving something back to the community.

[Daffy]

"coming soon "

Oh we have a lot of those still in the pipeline. Shhhhhhh its a secret.

[Daffy]

What are the requirements for a POS to be accepted into the project?

Profitable?

What are the requirements for a POS to be rejected and removed from the project?

Not profitable?

I see Paycon in the list and we all know its a weird satirical joke coin that eventually can die or be abused, hence the inquiry.

Weeeeeelllllll I think it was a donation (gift) Not really sure why it was included.

Additionally when will GHrewards for this minting be paid out to GHX holders?

It all depends when the staking amount is big enough I guess. And they will show up on the CoinEx wallet when they get exchanged.

And I see I am already late to the party the questions where already answered.

[cyberdexter]

Wait, wait, let me see if I understood this correctly.

This is a staking service operated by the team with initial investment coming from miners outside of the cloud. Profits from this staking service will be used to supplement cloud payments and users are not required to invest anything into this taking service. In other words, you are increasing cloud profitability for free?

You Sir just nailed it.

---

That is the case, and I believe was always the plan with GHx. Makes GHx all the more valuable. GH is a cool place to be!

Yes indeed. GHads, GHcoinex, GHminting and anything else we come up with in the weeks and months to come will always contribute at least a large percentage of the generated revenue (generated coins) towards GHX.

Crowd mining, community focused. Screw being "the next big cloud mining company". Mining with the community is much more fun than being a company. (It also has reduces overheads)

---

Very nice and unique move. Giving something back to the community.

No no, we are the community. We're not giving back, we're all generating.

---

@Aethercollector
Additionally when will GHrewards for this minting be paid out to GHX holders?

It all depends when the staking amount is big enough I guess. And they will show up on the CoinEx wallet when they get exchanged.

We'll be creating a schedule very soon. Right now we're watching to get some numbers and we also need a slight adjustment to the current (technical) setup before going into moving generated staking rewards around to get exchanged.

We also still need to mine for BTCD. For some reason we couldn't connect to the BTCD pool the last 3 times we tried and we haven't been able to figure out why yet.

[RU_Kedding_Mea]

I know I am slow and I miss a lot but this staking thing you guys are doing, I am assuming you are not opposed to receiving staking coin donations? I have about 490 SDC that has not staked for almost a month because I cannot figure out how to get the wallet working since the update, so I would like to send them to you guys to stake for GHX. Post deposit addy if there is no violation of ToS or ethics.

~The Medicated

[keymaster]

Thanks for your offer!

Please feel free to send your SDC to SaJY4Vph33EE316Ey2XHEFj2UGHigmv1mT which is the address tagged as "newly mined coins" on the GHminting page.

Thank you, get hashing!

[boyd77gh]

I/ve got about 4k SDC that I'm going to add.

[RU_Kedding_Mea]

I will get them sent when I can get them unlocked from my wallet. Apparently they are locked in staking because the wallet will not sync. It says it is connected and the little icon is spinning, but no blocks are downloading. I have deleted and re-installed the latest version so will see what happens.

[boyd77gh]

I also can't get the wallet to stake, but hopefully it'll let me send coins.

[keymaster]

Thank you Boyd, much appreciated.

[crazyivan]

I would definitely suggest you guys to take a look at DMD Diamond to add for this great project.

Disclaimer: I am a part of DMD Diamond dev team and I am a bit biased towards this coin.

However, it offers 50% annual PoS, it is a very scarce coin and the price s been going big time up recently. Take a look at Cryptsy, trading volume s been quite high recently. It s got its own multipool which pays in DMD - perfect for mining and staking at the same time, join staking program called DMD Reactor and even a investment cloud mining option which pays in DMD. DMD cloud is not as good as GHX cloud because we do not own or operate our own equipment but it is still a nice form of investment differentiation.

This is just me sharing some nice and potentially profitable info. I do not sell anything or share any kind of ref links.
After all, we are all here to help out crypto development.

[cyberdexter]

Liiinks or it didn't happen

[crazyivan]

More info s here:

DMD Diamond

Hey guys, about 5 months ago, I have run into a coin which I think s got a quite bright future and this has caused me to shift significant amount of my crypto investments into this coin and related assets. Please do take a look, maybe you find it interesting as well. What I like about DMD Diamond coin: Great name – Diamond, suggest something rare and expensive Grostl Algorithm – no Asic mining for now PoW reward PoS rewards (50% annually) – Yay!!! 4.38 million total supply, curren…

It trades on Cryptsy and recently on Bittrex.

[cyberdexter]

@crazyivan do you know of any pools / multipools where DMD can be mined?

...pings @Daffy....