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All cryptocurrency payouts are carefully calculated and distributed to your Mintage account each week. The amount deposited comes from what was mined during the previous week. Unlike other mining pools, Mintage deposits can be withdrawn immediately OR you can use those earnings to repurchase new bucket contracts.
Each bucket contract lasts 52 weeks. Once your account is created and your email is verified, you'll be able to make a deposit and purchase mining units in a weekly bucket. If a bucket is sold out, you can still deposit funds to be ready for the next available bucket.
You can withdraw your weekly payout to a wallet address you specify or you can elect to purchase more mining units in the next available bucket. MintCoin will have a total of 70 billion coins. Initially each block will deliver to coins randomly. The PoW payout will be halved each week 7 days. After 5 weeks, the PoW payout will be fixed at 1 coin per block. PoS will start after at least 20 days of holding of the coins in the wallet.
As a miner, you will be extremely rewarded to be an early adopter of MintCoin. As an investor, you will be glad to know that holding your coins in the long term will result in tremendous rewards as well.
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