[ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept

[straightcoinage]

I use a script to inject rewards into the blocks by constantly changing the transaction fee I pay and sending a small amount of PMC to myself in a loop.

That is awesome. I just pictured people from 5 years ago trying to decipher that sentence and had a good laugh. I'm going to read this line to my Grandparents next time I see them and see how they react.

[1715316380]

1715316380

[1715316380]

1715316380

[1715316380]

1715316380

[Triax]

Over 0.5 PMC in almost every mined block right now! Much block bonuses.  

I'm new. How does this work? Can the premined coins be injected into the blocks or is that simply the transaction rewards?

Yes, I use a script to inject rewards into the blocks by constantly changing the transaction fee I pay and sending a small amount of PMC to myself in a loop. Those 0.5 transaction fees being put into blocks is my script. The payout varies based on several factors.

guess i was really unlucky then xD
Date: 08-Feb-14 19:49
Source: Generated
Credit: 0.00 PMC (matures in 94 more blocks)
Net amount: 0.00 PMC

[creditcoin_CRD]

Over 0.5 PMC in almost every mined block right now! Much block bonuses.  

I'm new. How does this work? Can the premined coins be injected into the blocks or is that simply the transaction rewards?

Yes, I use a script to inject rewards into the blocks by constantly changing the transaction fee I pay and sending a small amount of PMC to myself in a loop. Those 0.5 transaction fees being put into blocks is my script. The payout varies based on several factors.

guess i was really unlucky then xD
Date: 08-Feb-14 19:49
Source: Generated
Credit: 0.00 PMC (matures in 94 more blocks)
Net amount: 0.00 PMC

I also get an occasional empty block, but the vast majority of them have fees attached.

I am also running a reward script.

[Nullu]

Over 0.5 PMC in almost every mined block right now! Much block bonuses.  

I'm new. How does this work? Can the premined coins be injected into the blocks or is that simply the transaction rewards?

Yes, I use a script to inject rewards into the blocks by constantly changing the transaction fee I pay and sending a small amount of PMC to myself in a loop. Those 0.5 transaction fees being put into blocks is my script. The payout varies based on several factors.

guess i was really unlucky then xD
Date: 08-Feb-14 19:49
Source: Generated
Credit: 0.00 PMC (matures in 94 more blocks)
Net amount: 0.00 PMC

It's to do with the way the network handles transaction fees. You'll also find blocks with 2 or 3 rewards.

[Triax]

I know,

anyway whats the network hashrate? i see the difficulty is 1.05k

[uasteel]

Time to spread the love. The next person to post a wallet address that has 20 PMC or less gets 10 PMC from me

1GsWJid7nXXCquU3c8S7GTckk4sfqH5h46

[larem]

This is an awesome test to see what happens at Bitcoin's future moment when there are almost no block rewards.

I think another thing you should do, though, (or rather should have done) is not do 100% distribution, but destroy like 15-20% of the coins to reflect the real world.

[Nullu]

I use a script to inject rewards into the blocks by constantly changing the transaction fee I pay and sending a small amount of PMC to myself in a loop.

That is awesome. I just pictured people from 5 years ago trying to decipher that sentence and had a good laugh. I'm going to read this line to my Grandparents next time I see them and see how they react.

It would have seemed alien to me just a couple of months ago. I knew nothing about cryptocurrency until a couple of months ago.

[creditcoin_CRD]

Next Bounty

Block# 29500

100 PMC

Good luck miners!

Paid!

http://blockchain.premineco.in/a/1MLXpbidvi

[creditcoin_CRD]

I know,

anyway whats the network hashrate? i see the difficulty is 1.05k

fluxuating between 80gh~100gh

[Triax]

I know,

anyway whats the network hashrate? i see the difficulty is 1.05k

fluxuating between 80gh~100gh

am I calculating correctly then if i point one block erupter(336mhs) at it I should find one block on average every couple of days?

[creditcoin_CRD]

I know,

anyway whats the network hashrate? i see the difficulty is 1.05k

fluxuating between 80gh~100gh

am I calculating correctly then if i point one block erupter(336mhs) at it I should find one block on average every couple of days?

I have a spare rig with 3 of those on it, over the past 24h they got 13. BUT the difficulty has come up twice since I started them.

[Pasco60]

Congratulations on the latest success i handed all my PMC to exchanges, and other users, distribution was the key as always said.
Created the German topic and still updating it and answer questions via PM, if you want to tip me: 1FERnGpCrQzUdYRN3guPoJ9YTgYSN6tCe5

[Zzzack]

This is an awesome test to see what happens at Bitcoin's future moment when there are almost no block rewards.

I think another thing you should do, though, (or rather should have done) is not do 100% distribution, but destroy like 15-20% of the coins to reflect the real world.

These coins will be lost organically, don't worry. If it was popular you would notice its deflationary quality

[creditcoin_CRD]

This is an awesome test to see what happens at Bitcoin's future moment when there are almost no block rewards.

I think another thing you should do, though, (or rather should have done) is not do 100% distribution, but destroy like 15-20% of the coins to reflect the real world.

These coins will be lost organically, don't worry. If it was popular you would notice its deflationary quality

I agree. ^

100 PMC for the next post w/ address

[marcus951]

15QZufG8DiAPqhGJy1QL5E2uMyVBf4c1fJ

[anotherlateminer]

1M1Mizw2zUxgy3MzJQ9NL7iPDT8mAMtFjS

[creditcoin_CRD]

15QZufG8DiAPqhGJy1QL5E2uMyVBf4c1fJ

Sent

[uasteel]

17Mgk1YvrrekuPHQtNBbMPCojHZB7az1x3

Damn, I missed it 

[marcus951]

received, thanks