Jan 15 - ICO is over. New Whitepaper and site coming soon.
Dec 5 - SYScoin masternode ready to launch
Dec 4 - Reward payment sent to POOL token holders
Nov 4 - Update posted
Nov 3 - 9.03% ETH payout has gone out to POOL token holders.
Oct 8 - BOScoin masternode delayed until 2018 due to BOScoin release being pushed back
Oct 3 - Ethereum payouts have been made. The first payout was a little over 3% for 10 days of staking and we nearly doubled projections. You can see payouts at https://etherscan.io/address/0x009d7bde00c7b4025e4110cd73261d760a349133
Oct 1 - blockchain snapshot taken, stay tuned for payout in ETH.
Sept 29 - POOL tokens can be bought and sold on Ether Delta. The pre-ICO is over, but you can always buy them on an exchange. Rewards WILL be going out in the next few days so make sure your ETH is in your wallet by Oct 1, 2017 midnight UTC.
POOL tokens have been issued. To avoid confusion with another coin, we will be changing our coin symbol to POOL. Current token holders won't need to do anything. The new tokens will hit the exchanges shortly.
Staking has begun. As of Sept 18, 2017 we have masternodes online for Exclusive Coin, Arctic Coin, Transfer Coin, and Siberian Chervonets. We are also staking Blackcoin, OKCash, PINK, STRAT, Lisk, and Vcash. More will be added soon.
POS Mining Co. is launching an ICO to buy more coins to stake with. Unlike POW mining farms, Proof-Of-Stake mining requires lots of coins to stake with. We already have the facility, the encrypted servers, everything is ready to go from day 1. Our facility uses solar power which accounts for about 45% of our power needs. We are located in Southern California and have a loads of sun to keep the energy consumption to a minimum.POS Mining Pool Team
With the ICO, we plan on doing 3 rounds. The 1st round will be for current POOL coins and we will start staking them on Day 1 to earn our POOL token holders money. Round 2 will be announced at a later date, closer to the switch of Ethereum to Casper. Round 2 is setup primarily to buy more Ethereum ahead of it implementing Casper and going to a POOL model. Round 3 will only be used if funds are needed for more masternodes or staking at a point down the road. This decision will be made by token holders. All POOL token holders will be paid monthly in Ethereum for earnings. 25% of earnings will go back into staking, 10% will be used to cover costs associated with the operations of the POS Mining Co. and the rest (65%) will be distributed to the POOL token holders monthly.Whitepaper
"POS is one mining alternative that is already here, and that essentially does away with the computational waste of proof of work entirely. Rather than requiring the prover to perform a certain amount of computational work, a proof of stake system requires the prover to show ownership of a certain amount of money." Vitalik Buterin
Coins currently in our portfolio
Roadmap to continued success
ICO Announcement, whitepaper finalized
Move servers to in-house secured location with multiple redundancies
Immediately move funds from ICO to POS wallets
Begin processing payment for early adopters
Launch ICO (wave 1)
Process payments for token holders
Process payments for token holders / possible Casper updates
Casper launch and POS Ethereum