Saw this mentioned in another thread. Downloaded wallet and have it caught up. But, I'm a newbie, is there a way to mine this coin on a humble home computer? Can someone provide me a link to how to do it?
It's Proof of Stake only which means that you mine more Coins by owning Coins. When you deposit Coins into your wallet they are stamped with the time that you have received them, after a minimum of 2 days they are eligible to Stake and you will receive a reward of 30 Coins per Block you Stake and it all happens automatically and can be done without needing any mining hardware and on a humble home computer (all it requires is being able to run the wallet).
It relies on the sizes of the transactions you receive, each transaction (or Block of Coins) acts like a small miner so if for example you bought 10,000 Coins and you sent it to your wallet in one transaction then you would have one Block of 10,000 Coins. After 2 days (the minimum age) you open your wallet again and sync, that Block of 10,000 would immediately Stake and you would receive 30 Coins and Split into 2 equal Blocks. However if you check the Block explorer, the average Block to Stake is around 500 so if you split up that 10,000 by sending it in smaller amounts of 1000 then you have 10 Blocks that would Stake at around the same time all for 30 Coins each so you would have received 300 Coins for Staking 10 Blocks rather than 30 Coins for Staking one Block.
The smaller the Blocks of Coins you have, the longer it takes for each transaction to Stake.
If you would like to see the sizes of the Blocks you own, you can navigate to the "Send Coins" tab in your wallet and click on "inputs" and it will give you a list of the addresses and sizes of your Blocks and you can sort it by size, confirmations or groups. If you want to split up larger Blocks (or combine smaller Blocks) you can select the Blocks you want and send them to yourself.
Hope this helps a bit.
