anyone stopped mining pmc? difficulty jumped from 3010 to 2580 :O
Yeah that's my fault, bfgminer crashed and haven't had time to restart it. Nice hashpower you've got thar.  |
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The problem here is that all the replies come from users involved in PMC. Not unbiased.I look constanly poloniex and today, after my post, many people are dumping.
If I was useful to someone please tip me.
BTC address 14biFENcmrG9xW7yaHyDFMcjnokrWuHwst
LTC address Lga7nqNYMcWYGpKzLFW6GVhGipkZeU7D3t
You don't deserve a donation. You did zero research and made no effort in explaining what it is about PMC you don't like. So people should tip you for spreading FUD? I don't think so. People dump. Welcome to Alternate cryptocurrencies. You've had zero impact on the price of PMC, I assure you. It's dropped one tiny fraction. Back down to where it was earlier today. If anything you've just exposed more people to PMC. Unintentionally of course. You don't get tipped for that either. |
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Make a judgement call. It's easy to see the scamcoins from the rest, moderated thread or not. Just use your judgement.
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I am using cgminer 3.7.2 just wondering if there is any benefit to using another miner like sgminer? Or the cgminer 3.7.2-kalroth ?
3.7. 3, not 3.7.2. Faster hasrate, introduces xintensity (which replaces intensity). Thought 3.7.2 was the last to support Scrypt?  |
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Was fun mining while it lasted. Miss that mid single digit difficulty now eh?
They'll also miss the single digit price point.  |
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is there a guide how to setup mintcoin cgminer? I don't get it there's no config file? I have a 4.0.0 version
I'm not new to mining.
You need version 3.7.2. Scrypt isn't supported in later versions. |
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Anyone else who wants to get in on EBT, just put your EBT address in your signature and support the community. I'll tip all newcomers to EBT later.  We can't do giveaways, but we sure can help out our fellow EBT brethren. |
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Let's just even pretend for a second the Dev DID have a few thousand in cold storage (he does't), honestly this whole premise controversy offends me a lot less than the multi pool miners who swoop in and dump tens of thousands of coins just to make a quick buck and leave everyone else a bag holder. I'd much rather see the developer of a great coin profit from his creation than the fly-by-night snakes who crash coins on a daily basis.
After all, Satoshi holds hundreds of thousands of coins himself, where is the hate or scam accusations hurled at him?
Anyway I think PMC is a great concept, it could serve as a virtual "bank" for Bitcoin for holders to secure their wealth from market volatility, it will only climb in value like UNO due to its scarcity, and best of all, Wolong and his minions can't manipulate it so easily!
I also think it has a great logo and it really stands out among all the bad photoshop faux coins you see on the exchange and coin lists. It also has a great community and I suspect it requires a more educated holder to appreciate it because most trolls don't bother to read about it and just run out at the word "Premined".
The dev went one better. He gave all the coins away, and then bought his own coins back on the exchanges. PMC had the fairest launch of a distributed coin I've ever seen. |
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just mined around 650. in 5 hours. I just sent you 650. Now you have double. Keep supporting EBT. |
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Mintcoin has nice goals, but that can't change the fact that EBT got them earlier. Go with EBT.. soon it will be among the best!
There are only 250 million coins total, so very rare compared to mint, and it's trading just a little higher than Mint right now. Amazingly cheap and easy to mine PoS coin. You'd be insane not to get some EBT. |
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I've had issues with them in the past too, FYI. Got my coins in the end, but it was just hassle and unneeded stress.
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Like Mintcoin?
Then why aren't you mining EBT? Make your fortune while everyone else chases Mint that is too difficult to mine now anyway.
EBT has low difficulty, less total coins, big PoS rewards and is easy to mine. Get in while you can.
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If you don't have faith in the coin, then that is fine. However a great many people do. Including the developer. How many coins out there are backed by actual Bitcoin? Real investment? I know that the Dev has invested at least 3 BTC, and has probably invested more with everything else he has been doing.
Those who know and understand PMC are excited about it because they understand it.
I'm sure people said the same thing about Unobtanium, NXT and XPC, and look at them now. There's very little risk in buying a few hundred now when the potential reward could be massive. I can't think of many coins that could potentially go as high as PMC could and still be this cheap.
Quite frankly, it's a good thing you don't hold Premine anymore. You would probably dump it the moment it climbs back over 0.001 BTC.
You've already said you've dumped your coins, so you've clearly already made up your mind. So why bother? You asked for reasons and people are giving you solid reasons backed by facts, and you're still not convinced? Then it's really good you sold your coins. Someone with a strong hand will have bought your coins hopefully and hold on tight when the time comes.
Quite frankly I wouldn't even sell 500 PMC if someone offered me 2 BTC for them. I'm in it for the moon.
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I would be willing to put some Fcks towards helping promote the coin further.
If anyone has any suggestions, let me know.
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Premine (PMC).
Relatively cheap right now, but potentially huge gains if it takes off.
I think it's the best investment you could make with your BTC right now.
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Premine, also known as PMC, is an alternate cryptocurrency that is defying normal convention in its method of mining and distribution. While some coins are mined, or earn you interest, Premine is exclusively redistributed by its users, and block rewards are generated only by network transaction fees.
The word "premine" refers to the terminology of mining before a coin is officially launched. Although the word has had both positive and negative connotations, it simply refers to coins that have been mined before launch. Since all of Premine was mined before launch for distribution, the name symbolises its unique method of distribution. Proof of Distribution, if you will. So even though technically all of the coins are “premined”, they are all in the hands of the community.
Premine is setting out to prove that cryptographic currency can continue long after the minting process has ended, making it not only a fascinating glimpse into the future of Bitcoin, but also a viable and stable alternative that thanks to its low total supply of less than 500,000 coins, allows each coin to store a great amount of wealth. This makes PMC an excellent alternative store of money. To say Premine is the future of Bitcoin isn’t far from the truth.
Will Bitcoin be able to survive once the minting of new coins has ended? Nobody knows. PMC started with a market cap of zero. Bitcoin currently has a market cap in excess of $8 Billion USD. Already suffering from volatile pricing, we may discover that Bitcoin might not survive this transition, and that no coin with such a high market cap ever could. In this sense Premine is also future-proof, having avoided this hazardous transition phase altogether.
We have not only side-stepped this potentially hazardous event, we have embraced it and made it the very essence of PMC. No inflation. Just distribution.
Premine is a SHA-256 coin, just like Bitcoin. When you mine Premine, you are mining the transaction fees generated by all the people who buy, sell and trade it. In this sense, you can only mine PMC as fast as it is bought and sold, making it exceptionally stable. It does not suffer the major flaw of most cryptocurrencies, which is market flooding caused by a large drop in mining difficulty. This inevitably leads to downward pressure on market pricing causing the altcoins you hold to devalue at any given moment. PMC is not based on this model and, therefore cannot flood the market in this manner.
In PMC, The market affects the block rewards, and the block rewards affect the market. The two coexist and always seek to balance one another. PMC is built on this symmetry, and that makes it an exciting investment as well as a powerful means of exchanging goods and services.
All of the coins that ever exist have already been created and have been entirely distributed amongst the community. This distribution has continued ever since on all levels, not just by the developer, but by community members and even the exchanges.
Premine is more than just an experiment. It's a concept that is proving to work.
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Multiple people have gone through the blockchain and verified that not only was the original account empty and all coins distributed, but that no single account held more than a few thousand coins.
Yes this coin is only for your small community, no one here seems to know PMC. "your small community"? PMC has a bigger community than a great many apparantly "big" coins. First you thought it was a scam, and now you think it's only a smalltime coin. Instead of making preconceptions about a coin you know nothing about, how about you read the thread and see for yourself? |
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anynews from cryptsy?
as I reached them through email, I have gotten email back which said: "Thank you for letting me know about this coin! I have added your coin to the list of coins our development team is reviewing for addition to the cryptsy market. Thank you, Cryptsy.com" Fck yeah.  |
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First voucher sold to ubk. |
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