We can't be surprised by this. Someone was bound to see the potential of PMC and want a large stake in it. The prices are stupidly low, and this is what happens when people undervalue PMC. If the sell walls were higher, he would have got less, and people would have got more BTC.
A lesson to those selling on the exchanges right now; you're undervaluing PMC massively.
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That would be fantastic! Keep us updated.
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15 hours? I'll be at work.
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Yikes. That's over 4%. I hope that person comes forward to alleviate our concerns. It's not unexpected though.
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Wow finally a pure pump and dump (read 100% premined) coin. Buy buy buy. [Sarcasm]
Clearly someone who knows nothing about this coin or understands it whatsoever. Go mine something else then. Or learn to read threads. The name Premine is a play on words. Those who are here know that almost every coin is in the hands of the community and the miners.
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blame the pool owner who ran it before start time. He knew exactly what he was doing. That decision of his ruined it for all of us.
Well maybe it should have only been given to pools that could be trusted.
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Can we get a date on relaunch? I can't hang around much longer. If it's in an hour fine. If it's tomorrow, fine. But anywhere inbetween would be pointless.
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COIN WILL BE RELAUNCH BECAUSE SOME BITCH MADE BRUTE FORCE TO ZIP FILE WE'RE REALLY SORRY TO THIS, HIS COIN'S GONNA BE GARBAGE I'M SORRY FOR THIS FAIL
It's an honest mistake. People will still mine it. Just either only release wallet at launch with multiple mirrors, or use a proper password that can't be brute forced.
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Anyone had experience with coinpool? are they legit? Pay out?
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so any of y'all mining the fuck max keiser coin aka (anti-keiser-coin akc) ... I know I am.
I'm so excited for it.
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Cant mine Premine with cgminer.I made a .bat file with the username and password from premine.conf file but when I run the file it shows 'Pool 0 slow/down or URL or credentials invalid'
What am I doing wrong?
This is what I use; listen=1 server=1 daemon=1 rpcuser=user rpcpassword=pass rpcport=7656 rpcallowip=127.0.0.1 addnode=65.167.153.125 addnode=65.167.153.115 addnode=121.225.42.140 addnode=94.181.204.14 addnode=71.219.29.209 addnode=111.199.157.124 addnode=74.212.45.71 addnode=207.216.187.231 addnode=173.230.139.214
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Thanks Nullu!
I'll have to modify the cudaminer_start.bat file with the setting that they post for this coin, correct?
Depends if you're solo mining or pool mining, but yeah, you'll modify the url, port, username and password.
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@ foodies123 - Thanks for the reply. As I said, I'm a noob and have no idea what a normal scrypt coin is. Can you recommend the best scrypt coin miner or will this be something that people running this pool will release. Thanks again cgminer 3.7.2 if you have AMD, and Cudaminer if you have Nvidia.
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Just bought a paperback copy of my favourite C++ 11 programming book. I look forward to reading all 1200 pages of it. Thankfully it shouldn't take me long, as I'm only rusty by a couple of months. I wish I finished that roguelike I was working on before I got bored and moved onto Prolog. Maybe I can. Gotta learn what makes PMC tick.
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I think the initial distribution had ended by then. But maybe someone here will send you a small amount. Now that it's on an exchange and gaining value you may have to buy some instead. At the moment is costs about 100 PMC a day to keep the block rewarder running. I may have to slow down the payout rate soon or I'm going to run out of PMC.
you need to stop reward i think, it can't continue forever. coin is mature enough. owner of the coins need to continue to run the network. I will lower it to 30 PMC a day. I think it'll still good to distribute coins to miners, but now is the time to start slowly decreasing the rewards as the value is going up.
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At the moment is costs about 100 PMC a day to keep the block rewarder running. I may have to slow down the payout rate soon or I'm going to run out of PMC.
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Good things are happening with PMC. My advice to anyone who doesn't have any is to buy in soon before it's too late.
If you want to contribute directly to the network and to the value of PMC please consider donating to the Block Rewarder.
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Dev: could you put the coin design bounty in the main post? I'm sure we'll get some good designs. Yours does make me laugh though.
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Block Rewarder Status: Live Block Rewarder Pot: 100 PMC (Maximum: 150 PMC) Time: 2 Seconds (minimum) between Payouts Block Reward: Minimum 0.01000000, Maximum: ? ? ? (Previous Max reward: 5 PMC) Block Rewards per block: 1x, 2x, 3x Block Explorer Payout Address: Link Donation Address: 1CUWaAoF1pPthNqzudZBaM38LgzyeQ4JiV
SUPER BONUS: 0.5% CHANCE OF 1 PMC REWARDQ: How does it work?
1: I use a PMC Wallet specially set up for sending out block rewards for miners. 2: Using a script, I send myself small amounts of PMC. Every time this happens the script also determines what to set the transaction fee as, aka the "block reward". 3: This transaction fee is then injected into a new block on the network. 4: When a miner finds this block, he will mine that PMC. 5: Due to the way transaction fees are handled sometimes several of these "rewards" can appear more than once in a single new block.
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