"the point is getting cease and desist letters and other bad attention that will make us to close the exchange."
What a bullshit  Clearly coinmarket.io doesn't know what they're talking about. Who is going to sue fckbankscoin? The banks? You're joking, right? If just one major bank even uttered the name of this coin it would rise faster on coinmarketcap than a Whippet a with a backside full of dynamite. I'd love for a bank to try and shut down a decentralised cryptocurrency. It would explode. |
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Floor # 23 finished  |
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I'm in, but what is an activity on the bitcoin wallet of at least 10?
Hope he doesn't mean BTC. At most I've moved 1.1 BTC in and out of one wallet address. Silly people. He is referring to your Bitcointalk account. 10 posts. Not created today. Sometimes being smart can make you very dumb, at times. ¬_¬ |
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I'm in, but what is an activity on the bitcoin wallet of at least 10?
Hope he doesn't mean BTC. At most I've moved 1.1 BTC in and out of one wallet address. |
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I heard you have to decrypt the hashes by hand.
Nope, for this purpose, I use this.   Just abacus it gets you a better hashrate?  |
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You guys threw 2000 BTC into an unrecoverable address, because ...?
...deflating BTC makes it worth more. |
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Mining TRL on a scientific calculator, rate is goooood, around 100-150 Hashperhour. Ehh, now, here's ex. config for pool mining at trollmine.org K-F://109.107.38.99:3338-БП 1-ПП Х - (not.: press one button after another) I think, it will be useful.  Here's my "rig":  TsbABxKWQxPzPFPkJoZWC72xCjUNYVVub4 I heard you have to decrypt the hashes by hand. |
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This is bad, Dogechain is officially forked. Pools operators are mining on different blockchains.
Do not send your dogecoins until the pools agree on one blockchain.
Last time when a fork happened to Feathercoin, the whole currency went down the toilet. :/ This is due to greed ppl. Stupid miners mine on one fcking large pool
I don't blame the miners. |
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Do we just mine with our wallets?
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Would there be demand for a PMC mining profitability calculator? You'd have to enter in a few numbers to get a reasonable profitability calculation, but I could do it. I need an excuse to brush up on my C++ anyway.
is it profitable at these exchange rates? That's the question, I suppose. With enough hashes? Sure. I can still mine PMC with a meagre 1.2ghash/sec! I guess the correct question is is it comparably profitable when compared to other coins? Yes, if you have an ASIC and at currect nethashrate it is a little, my own calculation: My smallest rig I use for PMC gives 80Gh/s = 0.0129 BTC per day according to Bitcoinx Mining 24hr gives me about 25 PMC in tx fees : 25 * 0.000645 = 0.016125 BTC I use those PMC for my Block Rewarders as an idealist in this early stage. BUT it is not a hash per BTC calculation, if you introduce a terrahash and capture 90% of the blocks you'll only get the same tx fees, doesn't pay out the same way another coin does, you'll just end up boosting the transaction times with a lot of 0.00 blocks If diff is skyhigh after a terrahash bomb then the blocks will fill up more nicely and become bigger as a reward than when it was faster, rewarding the small patient miners. Soooo interesting about PMC, innovation without reinventing the wheel like most other coins try to do. Yeah, I really like the fact that PMC is different simply by exploiting the way Bitcoin already works. It's like fast forwarding by several years and watching BTC of the future. Very interesting indeed. |
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I'm curious as to how else you will combat issues of dead weight investors, i.e. investors who claim to be enthusiastic and dedicated, up until the point that they vanish with their stake and let everyone else do the leg work while they sit and watch.
It would, in my opinion, be a good idea for the additional rewards to dedicated community members to be handed out more gradually; more like a salary than an overall lump sum. This adds in an incentive to keep "doing" whatever it is they are doing to contribute.
I'm entirely new to NXT and its siblings, but I'd be interested to see if someone could actually create a stable community model based around the platform that encourages mutual cooperation rather than a singular motive for greed.
That, and I love a good experiment. Provided this is a genuine effort to be "different" from the other NXT clones, then consider me interested. If it isn't, then I'm not.
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I can not encourage donating to that faucet. The dev for that faucet was given thousands on PMC, but they were removed from the faucet, and the faucet does not work. if you wish to donate to a faucet, donate to the official faucet at faucet.premineco.in Ever track those transactions? Yes, it is just sitting in an address, hasn't moved in awhile last time i looked. http://blockchain.premineco.in/a/16PsWmgn2EI've dropped Musent a PM to find out what's going on. He was online today, so there's no reason he can't pop in and explain the situation. Did you send the coins in good faith that they'd be used solely for the faucet, or were they a bounty reward? That's just the thing - It's technically a bounty, so he isn't under obligation to give it away. ...However it was agreed that the bounty would be used for the faucet, and that was voluntarily offered by the faucet dev. If he wants to keep the coins, it's his choice. I don't agree but I don't have to. If he wants to keep the coins and keep the faucet working, I'll gladly donate to it. But I'm going to need some sort of response before moving forward. Well I'll reserve judgement until he responds, for now. No point conjecturing until he lets us know what's going on. |
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I can not encourage donating to that faucet. The dev for that faucet was given thousands on PMC, but they were removed from the faucet, and the faucet does not work. if you wish to donate to a faucet, donate to the official faucet at faucet.premineco.in Ever track those transactions? Yes, it is just sitting in an address, hasn't moved in awhile last time i looked. http://blockchain.premineco.in/a/16PsWmgn2EI've dropped Musent a PM to find out what's going on. He was online today, so there's no reason he can't pop in and explain the situation. Did you send the coins in good faith that they'd be used solely for the faucet, or were they a bounty reward? |
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Would there be demand for a PMC mining profitability calculator? You'd have to enter in a few numbers to get a reasonable profitability calculation, but I could do it. I need an excuse to brush up on my C++ anyway.
is it profitable at these exchange rates? it really varies. on days with high TX volume it can be profitable, today on the other hand is mush less than profitable. It will be difficult to make, since you will have to find some way of averaging the rewards from mining. One big or slow day will make it inaccurate. That being said, I certainly don't object to the idea. Basically you need a way of graphing the profitability by averaging the last n number of blocks. Perhaps a rolling 100 block average. Under favourable conditions, PMC could make $15 a day on 10ghash/sec if PMC pricing is at 0.001, and if block rewards average out to 1 PMC. Which was certainly the case a day or or so ago. This is also taking into account Bitcoin's appalling price at the moment. The profitability will go up once the price of BTC goes up. Right now with that hashpower you would make $0.41 a day, but with a 100ghash cube, that would be $4.10 a day, and considering the low BTC rate, the low network activity and also the recent dump on the exchanges that isn't bad. Favourably a 100ghash cube could generate $150 a day, I think. Even then, you'd need to average out your daily earnings as the block reward average changes each day. So half of that would be quite reasonable as a favourable average. |
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Would there be demand for a PMC mining profitability calculator? You'd have to enter in a few numbers to get a reasonable profitability calculation, but I could do it. I need an excuse to brush up on my C++ anyway.
is it profitable at these exchange rates? That's the question, I suppose. With enough hashes? Sure. I can still mine PMC with a meagre 1.2ghash/sec! I guess the correct question is is it comparably profitable when compared to other coins? I couldn't possibly say. SHA-256 coins are a different kettle of fish. The running costs are quite low. It's the initial hardware investment that is costly, but with ASICs becoming cheaper all the time, I think Premine is profitable if you are speculating for a better future price. I could do the sums manually on the last 20 blocks and see what I come up with. Let me try. Then I have to go do some work. It'll be interesting to know at least. I'll use an average $ price based on the two exchange values from coinmarketcap. |
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Would there be demand for a PMC mining profitability calculator? You'd have to enter in a few numbers to get a reasonable profitability calculation, but I could do it. I need an excuse to brush up on my C++ anyway.
is it profitable at these exchange rates? That's the question, I suppose. With enough hashes? Sure. I can still mine PMC with a meagre 1.2ghash/sec! |
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Just voted. One more link for you to keep bumping, dev. |
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Would there be demand for a PMC mining profitability calculator? You'd have to enter in a few numbers to get a reasonable profitability calculation, but I could do it. I need an excuse to brush up on my C++ anyway.
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