The MastiffCoin team is excited to announce the successful completion of the 8-day, proof-of-work (PoW) mining period for the initial distribution of the coin. Proof-of-stake blocks began on day 5 of mining, and functioned perfectly from block 14,400 onward as designed.

The launch of MastiffCoin, wallet code, and the coin’s network has received glowing reviews from every pool operator and exchange that has worked with our team, and many of our fellow miners. We would especially like to thank ipoMiner, DedicatedPool, Bittrex, and all of our many other supporters on Bitcointalk, in our IRC channel, and on Twitter.

We have received numerous requests for press coverage, and began serious promotion efforts on day four of the mining period. We have had in-depth coverage on both CoinChomp and CryptoArticles.com, along with promotional efforts by ThisWeeksCoin, Altcoin Today, and many others.

CoinKing.io has announced they will support MastiffCoin as a multipool so that miners can still be paid out in MastiffCoin on an ongoing basis, even though the direct PoW mining has ended. Having one of the best multipools in the business announce support for our coin long before mining ended was exciting for us, and we’re sure you all are excited as well.

If you aren’t familiar with the details of how a multipool works, talk to the guys at CoinKing.io and you’ll learn a lot! The most important thing to realize is that it will help maintain and grow the price of MastiffCoin, as the pool will buy coins on the open market to distribute to their miners.

Now, for the moment you’ve all been waiting for – the big announcement!

Since BlackCoin’s success with their multipool, many coins have followed along the trend of creating a multipool after PoW mining ended. And, as we just described, we’ve done that too. But the world of crypto currencies operates on innovation, and that’s what we’re bringing to you today.

MastiffCoin is excited to announce our first project following the completion of PoW mining: CoinRecycler. Every miner, trader, and coin investor inevitably ends up with useless, unwanted coins that sit around on hard drives, pools, or exchanges until they eventually end up lost or misplaced.

If you’ve been mining or trading coins for even weeks, you probably realize that the hottest new coin this week is almost certainly to fall by the wayside by next week. Only a few coins can survive over the long-term and maintain their popularity.

MastiffCoin’s CoinRecycler is in development, but when completed it will offer the ability to exchange existing coins into MastiffCoin, without the hassle, overhead of fees, or worry about using exchanges. You will be able to send in your unwanted coins and be able to receive MastiffCoin, simple as that.

Our goal is to help everyone receive the maximum value from their existing coins, while using this as a way to further grow both the MastiffCoin community and the coin’s price on exchanges. Our CoinRecycler will be buying MastiffCoin on the open market, in a similar fashion to the way a multipool does, which will increase the price of the coin over the long-term.

We look forward to revealing more details about CoinRecycler and our other future plans as time goes on, and thank you for your support of MastiffCoin!