If this is legit, then I'm interested in this idea.
Crapcoins should quake in their boots.
But..
Won't this just cause altcoin deflation? If you delete 10% of the supply of some crapcoin, then surely you'll just be making it more valuable, won't you? May be a flaw in this concept.
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They could, that's true.
Perhaps a more practical approach would be building a faucet directly into the mobile wallet. Provided it was secure and had a server on the other end that couldn't be cheated out of PMC, that might be more practical.
Yes, maybe that's the best. So, solve a captcha and get some free m φ ? When I have some time, I'll make some research about security and I'll implement this on the Android Wallet. (no ETA at all yet) We all would need to donate and promote the mobile faucet. Let me know if anybody has a better idea, before implementing it. I could really see this working. Sounds like a good idea if it can be done. Good thinking! require a confirmation text message, and check against phone numbers. You don't want to make it too difficult just to use a faucet. Having two different captures would be enough.
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Yeah but you cant put em together as one when you solomine. Diff is abit higher now as Nullu said so can take a while before you find anything.
I didn't know that. Now I'm on the pool. I need to set up p2pool to mine solo with 2 rigs? I usually use http://ebt.argakiig.us/, but whichever pool you like. Create two workers, then follow the instructions on the "Getting started" page.
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Please explain more about how the web browser mining will work, and also the mining algorithm.
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You said 5 m/hash. For 1.5 m/hash that's to be expected.
This is one of my two rigs. The second has 3600 kh... Yeah but you cant put em together as one when you solomine. Diff is abit higher now as Nullu said so can take a while before you find anything. Might be better off just getting both rigs pool mining on one account. You'll probably get roughly the same amount at this difficulty, maybe a little less, but the supply will be steady, and won't require luck. I usually solo mine for a day or so, then switch to pool mining and see which gives me the best share based on the difficulty.
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You said 5 m/hash. For 1.5 m/hash that's to be expected.
This is one of my two rigs. The second has 3600 kh... Well two rigs totalling 5 m/hash isn't the same as 1 rig that mines at 5 m/hash. I would expect the 3.6 m/hash to get a block on average every 5 hours, but that's just an estimate, and you can get lucky/unlucky.
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the screenshot of the rig: is this line OK? You said 5 m/hash. For 1.5 m/hash that's to be expected. No suitable long-poll is just because you're solo mining and not pool mining. You're mining just fine. Just going to take longer on 1.5 m/hash. Give it some time.
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I'm mining solo with 5 mh rig for more than 1 hour and still 0 blocks found. Is that ok?
Also, does "rpcport" in wallet conf make sense? I use prcport = 12555, is it a big problem?
You should have something by then. Is your miner detecting new blocks on the network? Yes, it's detecting new blocks on the network... Well, the difficulty has gone up. Give it a few more hours. I'd expect you to find a block by then.
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grain
missed the 70 satoshi pump, now it's worthless
+1 I should have sold my 2 million when I had the chance. Pretty disappointed, but I will continue to support it.
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I'm mining solo with 5 mh rig for more than 1 hour and still 0 blocks found. Is that ok?
Also, does "rpcport" in wallet conf make sense? I use prcport = 12555, is it a big problem?
You should have something by then. Is your miner detecting new blocks on the network?
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Trying to establish a good price on poloniex atm, but ppl keep dumping.
Hold your bags!
Let the idiots dump. If they're stupid enough to sell their coins so undervalued they deserve to make nothing on EBT. Difficulty is rising and so is the attention EBT is gaining. I'm tempted to buy some EBT to increase my stake before the price rises.
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FCKBanks now on 121. place on coinmarketcap.com We've only recently been listed. Unfortunately Fckbanks spent too long at a low difficulty, so it's going to take more time for the price to increase. KittehCoin had the exact same problem. We're on coinmarketcap now. We just have to keep promoting the coin, and keep moving forward. Coins with development get over the 1 Satoshi barrier. It's part of the issue of high total number coins with a low starting difficulty. Once the coin gains attention walls will move. A targeted move by the community to get on a better exchange would be the next step. Now we're on Coinmarketcap, we should all request Poloniex add fckbankscoin. That is a very achievable next step, and will increase our place on coinmarketcap due to the increased volume. Yes? If we want fckbankscoin to gain value we must all be more proactive. Our efforts will be rewarded.
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EBT is on coinmarketcap.com now as well!
Knew I had a good feeling about EBT.
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kbroadfoot suggested me to create a PMC clone of bitaddress.org. I'm considering doing it. What do you think about this paper wallet? If you can create a better one, please let me know. It should have the same spaces for QR Codes and text as the original BTC one: http://imgur.com/jAzqSlZ+1 Would be a great addition to PMC.
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Can't we change this coin into a POS like NXT? tx will will go to the people who created the block which is from the POS like PPC. There will still be 500k max coin and there will be no need for us to feed the miners. And there will be a sense in keeping the coin as it is.
Bitcoin will not survive in 2140 as it is now, as evidenced by this experiment, with no additional/modified feature in this coin it will not get any attention. I think its time to move forward to the experiment. In the future, bitcoin community/dev will change something. Let us take the risk and predict that change in bitcoin into further future. It will make or break this coin but thats part of the risk. I am willing to risk all my PMC. Just saying.
I think it's too early to draw that conclusion, as we still require more volume and network traffic. An NXT model would make it an entirely different coin. I like PMC just the way it is. We just have to carry on going forward. The longer we keep going the better chance we'll have.
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They could, that's true.
Perhaps a more practical approach would be building a faucet directly into the mobile wallet. Provided it was secure and had a server on the other end that couldn't be cheated out of PMC, that might be more practical.
Yes, maybe that's the best. So, solve a captcha and get some free m φ ? When I have some time, I'll make some research about security and I'll implement this on the Android Wallet. (no ETA at all yet) We all would need to donate and promote the mobile faucet. Let me know if anybody has a better idea, before implementing it. Well, my only other suggestion would be doing some sort of 'work' to earn the PMC, rather than just a capture. Like voting for us on one of the exchanges? Even as a standalone feature that would be great. Anyway, I think a built in faucet would be great and would give users a great incentive to use it, as well as create some buzz. I will be more than happy to donate to the faucet.
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Could you not create some sort of fixed tx fee using the address as a seed? As long as only you know how to decrypt and verify the tx fee relates to the address, couldn't you do that? It would be a separate wallet function rather than part of normal transactions.
I'm not sure I understand. Do you mean addresses from user A would always send tx with fee 0.00274657 and addresses from user B always with 0.00285739? so we can recognize the user? If so, problems are: - If users send their address before sending any coins, we can't identify it. - Users can uninstall and reinstall the wallet to fake being a new user, with a new fee seed. Finally, the wallet is open source, so anybody can decipher the algorithm. I don't think people would be willing to use a wallet unless it keeps being open source. Otherwise they can't be sure I'm not sending the private keys to myself. No, I'm not talking about a fixed tx fee. A seperate optional feature, lets say "Verify Mobile Address" that sends a tx fee from that address to the network from that address. Ok then, could you not generate the tx fee based on the hash of the current network block, or some other one-time event? Yes someone could always alter the source, but that would be a lot of effort to go to just to get a bit of PMC. Oh OK, I misunderstood you. That'd work to validate a mobile address. But users would need to have some PMC already to send that tx. And they could create several addresses and validate them all. They could, that's true. Perhaps a more practical approach would be building a faucet directly into the mobile wallet. Provided it was secure and had a server on the other end that couldn't be cheated out of PMC, that might be more practical.
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Now we need only buy support
And yep, I'm still holding 700k. So low to dump. Dumps for dumbs.
Yeah, this is nothing to worry about. It's only been listed, so mostly only holders know about it, and have decided to dump. Let them. They'll regret it later on. By the way, in my experience the Poloniex giveaways don't work. Premine (PMC) tried it, and the coins just got dumped straight back onto the exchange. A few will hold on to them and withdraw, but I bet a lot of people will dump them. It's sad, but I think giveaways on exchanges are a bit of a flawed concept, in my opinion. Thankfully it's not a great deal, so the impact will be negligible.
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It sounds like a scam. They have absolutely no reason to undersell their own coins. They could just sell them on an exchange.
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