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Author Topic: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept  (Read 382860 times)
kbroadfoot
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April 23, 2014, 02:46:01 PM
 #7441

I hope all of you aiming your scrypt miners @ HashCows are having some results...
A preliminary estimate I have calculated is about 1 PMC per thread per day on a CPU miner... ( at current PMC prices that is )
GPU's should be making even more....

So if you run minerd.exe on a 4 thread cpu you should get 4 PMC per day.... this will drop as PMC prices rise.... as we are NOT mining PMC directly.

NOW we need to find a sha256d multipool and do a repeat. HashCows does not have one...

Coinex.pw doeshave a sha256 switchpool but I have been unable to get 'captainfuture' to 'talk' to me like 'nearmiss' did...

Anyone else have any ideas?

Also if ANYONE is having issues getting a scrypt miner to work @ HashCows

Look at this page:   https://hashco.ws/gettingstarted/

And for this to work we MUST use PMC as our payout method... it is the PMC payout that keeps the buying pressure on Poloniex....

Report back your results!


"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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kbroadfoot
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April 23, 2014, 02:57:11 PM
 #7442

Don't get discouraged if the price of PMC doesn't go back up REALLY fast... ( That would actually be bad )

What will happen is as the price goes up cold wallets will opened and dumped on the market. We will have to deal with this for awhile. The good news is it will keep our multipool PMC coming at a cheaper rate... ( More PMC per share )

After awhile all those bagholders will be gone.... ( the best thing about having only 499000 coins ) and then a real steady rise will start to happen. PMC will not make us millionaires overnight. But, I am sure a steady climb in value will happen...

A STEADY climb is what we want..... HashCows helps us do that.

Everyone... if you can run sha256 thread ( even just one ) at the ACTUAL PMC network as well that will help secure it...

Now lets ROCK!

Seidr
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April 23, 2014, 03:18:35 PM
 #7443

I hope all of you aiming your scrypt miners @ HashCows are having some results...
A preliminary estimate I have calculated is about 1 PMC per thread per day on a CPU miner... ( at current PMC prices that is )
GPU's should be making even more....

So if you run minerd.exe on a 4 thread cpu you should get 4 PMC per day.... this will drop as PMC prices rise.... as we are NOT mining PMC directly.

NOW we need to find a sha256d multipool and do a repeat. HashCows does not have one...

Coinex.pw doeshave a sha256 switchpool but I have been unable to get 'captainfuture' to 'talk' to me like 'nearmiss' did...

Anyone else have any ideas?

Also if ANYONE is having issues getting a scrypt miner to work @ HashCows

Look at this page:   https://hashco.ws/gettingstarted/

And for this to work we MUST use PMC as our payout method... it is the PMC payout that keeps the buying pressure on Poloniex....

Report back your results!


Great work so far!

I'm not sure if your estimates work for me.
My Results so far:


Mining since your Announcement Yesterday.
kbroadfoot
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April 23, 2014, 03:32:38 PM
 #7444

Wow... I could be off a factor of 10 or something...  looks good though  Smiley

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April 24, 2014, 01:44:20 AM
 #7445

Don't get discouraged if the price of PMC doesn't go back up REALLY fast... ( That would actually be bad )

What will happen is as the price goes up cold wallets will opened and dumped on the market. We will have to deal with this for awhile. The good news is it will keep our multipool PMC coming at a cheaper rate... ( More PMC per share )

After awhile all those bagholders will be gone.... ( the best thing about having only 499000 coins ) and then a real steady rise will start to happen. PMC will not make us millionaires overnight. But, I am sure a steady climb in value will happen...

A STEADY climb is what we want..... HashCows helps us do that.

Everyone... if you can run sha256 thread ( even just one ) at the ACTUAL PMC network as well that will help secure it...

Now lets ROCK!

I've had my antminer running for weeks on the pmc network with empty blocks being found hope we can get coinex to set something up.

COI =CZRLd6rgyvBppSQXmCeDJ1x3hjLZq1a5yp
Dnote =DZtZnzZU2EkXgTF7j8iZgmsov9pq6Sq88n
PMP =PJgVMaZCDbBsPgHzvxNHmqDPE3BCDx9bRx
kbroadfoot
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April 24, 2014, 02:33:19 AM
 #7446

Allepisodes, you have only sha256 mining gear?

kbroadfoot
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April 24, 2014, 04:51:04 PM
 #7447

Good reading:

https://hashco.ws/news/

HashCows latest news........

Excerpt on payouts:

"Note on payouts: As of late, we've been mining a lot of WC and AC. (We were in both very early, much earlier than the big boys). These coins are going through a fairly decent dump period, and we have quite a backlog to work through. Instead of just dumping them all on market for reduced profits, we try and hold some back for the right time to move them. Mining these coins as a majoriy can often cause skewed stats and skewed payouts. We often end up with a large chunk of a days mining carried forward a day or two. If you've been consistently mining with us and continue to do so, you wouldn't really notice an issue, as you'd always have mining payouts backed up and it'd all be rather seamless. However, if your new to the pool and haven't been mining, you may find the first day or two things look rather bleak, because our payouts those days were made up mostly of rounds from a day or two previous. Things should all even out, but it takes more than a day."

Also this little link:

http://poolpicker.eu/

This little link may assist us in finding a SHA256 switchpool?

Allepisodes
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April 24, 2014, 05:25:16 PM
 #7448

Allepisodes, you have only sha256 mining gear?


yup just a antminer and it will be awhile before i can buy a graphics card ( to many bills coming up )

COI =CZRLd6rgyvBppSQXmCeDJ1x3hjLZq1a5yp
Dnote =DZtZnzZU2EkXgTF7j8iZgmsov9pq6Sq88n
PMP =PJgVMaZCDbBsPgHzvxNHmqDPE3BCDx9bRx
kbroadfoot
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April 24, 2014, 05:47:58 PM
 #7449

Allepisodes, you have only sha256 mining gear?


yup just a antminer and it will be awhile before i can buy a graphics card ( to many bills coming up )


Well... we need to find us a sha256 pool... I am glad you are mining the network also though....

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April 24, 2014, 06:03:35 PM
 #7450

Allepisodes, you have only sha256 mining gear?


yup just a antminer and it will be awhile before i can buy a graphics card ( to many bills coming up )


Well... we need to find us a sha256 pool... I am glad you are mining the network also though....

A second multipool with sha256 algo would be great, so all available miners could mine. I'm still having the promised 250 PMC from my pledge. I wasn't able to sent the second 250 PMC because the 7k were to quick donated Cheesy
So I would donate the remaining 250 PMC, and maybe some more if needed, to the second multipool.

And I'm sure some others are also willing to donate some PMC for this.
kbroadfoot
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April 24, 2014, 06:22:33 PM
 #7451

There are some sha256 multipools.... I think most payout in BTC.... What we need is someone who is willing to add PMC as a payout method... 'nearmiss' wanted the 7000 PMC from us, the community, not for the money ( he s planning to return that to the miners as rewards ) but as 'proof we were motivated' enough for him to add PMC as a payout method.... I will try and contact some pool owners, tell them how 'nearmiss' helped us and see if they are willing to do something similar for us....

For now I do not need any donations.... This is just the beginning. Emails an such....

But I will start putting out the feelers...

Anyone who has done some payouts on the Hashcows pool let us all know how it is going!


luckygenough56
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April 25, 2014, 09:17:45 AM
Last edit: April 25, 2014, 09:54:23 AM by luckygenough56
 #7452

THat pmc didn't switch to POS yet is beyond me  Smiley Every single coin, especially with limited supply like pmc, instantly rose after pos switching

rename this as premium coin (or not), go POS and watch it rise, especially now with the multipool on

Is the dev still active ?

hyeoam
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April 25, 2014, 09:20:52 AM
 #7453

Charts here: http://crypto-prices.com/PMC

Donate BTC: 1NRG17fYCNcfQvQHC3G9TUAowNKsM4oTWA
maardein
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April 25, 2014, 12:43:19 PM
 #7454

We really need mandatory transaction fees. I mined 1680 blocks since yesterday, and only 0.0014 PMC received...

BTC: 1788UegKXGXXicfPcbZ1bmSUJ99ZWRCF7p
LTC: LZ2rCcoxK4X8wRRynqdxoimd4d3TDNk7Lk
PMP: PApSSdorQds5tQysymwDXPAN3viJLFTUs8
Philll90
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April 25, 2014, 03:06:14 PM
 #7455

~35 PMC/day with 1 mh so far @hashcows Smiley
kbroadfoot
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April 25, 2014, 03:08:45 PM
 #7456

~35 PMC/day with 1 mh so far @hashcows Smiley

THIS will raise the price... eventually.... we have to suffer a lot of dumping from all the large cold wallet guys... but this will raise it eventually...

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April 25, 2014, 03:16:40 PM
 #7457

~35 PMC/day with 1 mh so far @hashcows Smiley

THIS will raise the price... eventually.... we have to suffer a lot of dumping from all the large cold wallet guys... but this will raise it eventually...


If they're smart they let the price/ trading volume grow.
Why should I sell 10k for only 1 BTC, when I can also get 10 BTC? Wink
kbroadfoot
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April 25, 2014, 05:05:22 PM
 #7458

THat pmc didn't switch to POS yet is beyond me  Smiley Every single coin, especially with limited supply like pmc, instantly rose after pos switching

rename this as premium coin (or not), go POS and watch it rise, especially now with the multipool on

Is the dev still active ?



The dev is still active.... he added our new multipool to the OP... so he is paying attention  Smiley

maardein
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April 25, 2014, 10:41:34 PM
 #7459

Finally got some gridseeds working with hashcows! So, I put some hashes there, let's see what the pay out is Smiley

BTC: 1788UegKXGXXicfPcbZ1bmSUJ99ZWRCF7p
LTC: LZ2rCcoxK4X8wRRynqdxoimd4d3TDNk7Lk
PMP: PApSSdorQds5tQysymwDXPAN3viJLFTUs8
kbroadfoot
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April 26, 2014, 06:42:24 AM
 #7460

Finally got some gridseeds working with hashcows! So, I put some hashes there, let's see what the pay out is Smiley

Can't wait to hear the results... 1 MH was making 35 PMC a day...
Keep it up for a little while...  payouts are once a day... make sure your payout method is PMC...

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