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

[Nullu]

Back in to check that I have done the correct thing.

I have not joined a pool as I can't find any.

Scratch the head, oh yeah, solo setup.

Here is what I have entered as the parameters for the shortcut to start minerd.


C:\cryptominingd\minerd.exe -a scrypt -t 4 -s 6 -o http://127.0.0.1:9335 -O premineusername:preminepassword


I see a lot of khash's going past, should I see anything else.

TX fee also set at.01PMC.

How did I go.

Its working. You won't see "shares" when solo mining, as shares are only a mechanic used by pools. You did well.

Shouldn't it be set to -a sha256, not -a scrypt?

[1715036315]

1715036315

[1715036315]

1715036315

[1715036315]

1715036315

[1715036315]

1715036315

[creditcoin_CRD]

Back in to check that I have done the correct thing.

I have not joined a pool as I can't find any.

Scratch the head, oh yeah, solo setup.

Here is what I have entered as the parameters for the shortcut to start minerd.


C:\cryptominingd\minerd.exe -a scrypt -t 4 -s 6 -o http://127.0.0.1:9335 -O premineusername:preminepassword


I see a lot of khash's going past, should I see anything else.

TX fee also set at.01PMC.

How did I go.

Its working. You won't see "shares" when solo mining, as shares are only a mechanic used by pools. You did well.

Shouldn't it be set to -a sha256, not -a scrypt?

good catch

[Sondey10mg]

I have no coins yet. I will donate 50% of funds donated to me!

1B5UZDgJN5SyxeKE3ekbDzHauQJvFkU7XW

Thank you very much for the donation. 75% of further donations to me will be donated to others

1B5UZDgJN5SyxeKE3ekbDzHauQJvFkU7XW

[Nullu]

I have no coins yet. I will donate 50% of funds donated to me!

1B5UZDgJN5SyxeKE3ekbDzHauQJvFkU7XW

Thank you very much for the donation. 75% of further donations to me will be donated to others

1B5UZDgJN5SyxeKE3ekbDzHauQJvFkU7XW

50 sent. We need more people spreading coins. 

[so142001]

Back in to check that I have done the correct thing.

I have not joined a pool as I can't find any.

Scratch the head, oh yeah, solo setup.

Here is what I have entered as the parameters for the shortcut to start minerd.


C:\cryptominingd\minerd.exe -a scrypt -t 4 -s 6 -o http://127.0.0.1:9335 -O premineusername:preminepassword


I see a lot of khash's going past, should I see anything else.

TX fee also set at.01PMC.

How did I go.

Its working. You won't see "shares" when solo mining, as shares are only a mechanic used by pools. You did well.

Shouldn't it be set to -a sha256, not -a scrypt?

good catch

The coin isn't SHA-256. It's a SCrypt coin.

[Musent]

After Speaking with creditcoin_CRD, he requested that I Create and host a forum for Premine!
Its now up and running!  

Official Forum:http://preminecoin.cryptotycoons.com/


donate for the efforts and to keep it going =)

Premine: 15Snrcbc3hrfpoyZRyBWAVZGgsST43ECLR

Don't want this to be missed!=D

Donated!

Also the Ad mentioned in my sig is going up on the Ad wall any moment!

NICE! Did you reach your 8.5k target?

No but the ad is up regardless!

See it at http://pxlcoin.com/

If anyone would please like to contribute to my PMC for getting the ad up I would very much appreciate it!
1PPvy28TU5TobnNJ4t3Bk82iURHfssWaMV

Thank you!

Please donate to this guy for his hard work!

[Musent]

After Speaking with creditcoin_CRD, he requested that I Create and host a temporary website and forum for Premine!
Its now up and running!  

Official Website and Forum!:http://preminecoin.cryptotycoons.com/


donate for the efforts and to keep it going =)

Premine: 15Snrcbc3hrfpoyZRyBWAVZGgsST43ECLR

Donations needed for his hard work! Kudos!

[Nullu]

Back in to check that I have done the correct thing.

I have not joined a pool as I can't find any.

Scratch the head, oh yeah, solo setup.

Here is what I have entered as the parameters for the shortcut to start minerd.


C:\cryptominingd\minerd.exe -a scrypt -t 4 -s 6 -o http://127.0.0.1:9335 -O premineusername:preminepassword


I see a lot of khash's going past, should I see anything else.

TX fee also set at.01PMC.

How did I go.

Its working. You won't see "shares" when solo mining, as shares are only a mechanic used by pools. You did well.

Shouldn't it be set to -a sha256, not -a scrypt?

good catch

The coin isn't SHA-256. It's a SCrypt coin.

I'm afraid you've been misinformed. Check the first post in the thread. Where did you hear it was Scrypt?

[eon89]

Damn I thought this would be a passing joke so I didn't bother posting an address  

1ELVj1GsnBrSBZ96u6ZXBwHgWq8QWPKVA7

Made a reddit topic about it: http://www.reddit.com/r/CryptoCurrency/comments/1w4g5z/premine_100_premine_100_distribution_mining_tx/

[vk3ukf]

Hi again, let me squeeze on in, there is also no mention from system messages, like,
Stratum New Block Detected, just a swag of khash's.

1DwPBNXeCrhGzPvipiTzbCMgMcDHbVhKvp

So, what's the general consensus? Sha256 or scrypt?

[Musent]

great concept !, but why not distributing the coin through a faucet ?

so that the dev gets is own reward from the ad service and we then have a fair distribution for the coins


Pleease love me tender :
1LGR5a8wakTu1ehnpWTLkwBsukFBCYzrPU

This has been addressed already. Faucet has been started.

[Musent]

i have asked 3 times, and received 0 premined :-(

anyone can send me premined? 

1HKVZivsMWVJfYCqXAig1daBPAybXUdeK5

Most people don't distribute to new posters. Spread the word about the coin, post evidence and you will get PMC.

[dahme]

Please send me PCs

1JXtQRvv6h9JJ54ZmvY7agPi4rHjpmLNke

[Nullu]

Hi again, let me squeeze on in, there is also no mention from system messages, like,
Stratum New Block Detected, just a swag of khash's.

1DwPBNXeCrhGzPvipiTzbCMgMcDHbVhKvp

So, what's the general consensus? Sha256 or scrypt?

It is sha256. Please check first post.

I mined a block within about an hour on my 333mhash block eruptor, so I know for a fact it is sha256.

Where on earth are people hearing it's scrypt? This misinformation isn't helping.

Dec. Can you put sha-256 in the thread title?

[ANN] [PMC] Premine! - 100% Premine / Distribution - SHA256 - Mining TX fees only

If it will all fit.

[creditcoin_CRD]

Back in to check that I have done the correct thing.

I have not joined a pool as I can't find any.

Scratch the head, oh yeah, solo setup.

Here is what I have entered as the parameters for the shortcut to start minerd.


C:\cryptominingd\minerd.exe -a scrypt -t 4 -s 6 -o http://127.0.0.1:9335 -O premineusername:preminepassword


I see a lot of khash's going past, should I see anything else.

TX fee also set at.01PMC.

How did I go.

Its working. You won't see "shares" when solo mining, as shares are only a mechanic used by pools. You did well.

Shouldn't it be set to -a sha256, not -a scrypt?

good catch

The coin isn't SHA-256. It's a SCrypt coin.

I'm afraid you've been misinformed. Check the first post in the thread. Where did you hear it was Scrypt?

Yeah, I dont have any idea how the word got out that it was scrypt. I made a post about that earlier too.


Premine is SHA256

[Grrizz]

So this coin looks... different... I'm interested to know how miners are doing so far? What are people finding as a sweet spot for mining hash rates? I have 3Mh/s on scrypt which I believe equates to 3Gh/s on SHA-256 (I may be mistaken) is this too much/little to be effective? Other then direct coin to coin trading are there plans in the pipes for stores to encourage transfers?

If you have a few left over I would be interested in checking this out: 1HZXcm2r9sF71m9FNtrZDB8Dwqhy2AXT7q

Sorry for the wall of questions but not only have I not been around long enough to know much about mining SHA-256 I also haven't seen a coin that has got to the point of having to rely purely on transfer fees yet, it has been a curiosity of mine of how coins will react when they get to the point of relying on fees. Oh and one more question it doesn't look like you enforce a minimum fee (may be wrong as I haven't tried a transfer yet - no coins ;P) would it not be a good idea for a coin like this to have an enforced fee?

Looking forward to hearing what people have to say

I have sent you 3 coins. Sorry I could not send more, but my donation funds have dried up for this phase of coin giving. I have the rest reserved for later promotions and funding.

If any big holders want someone to give away coins on their behalf, please donate to 1MBbDbo7koEA9TPnRT25BYfEp2s6Wu1BVM

I will give away everything I receive.

Coins via mining is a bit haphazard right now, but that should change once the difficulty retargets, and after the next wallet release.

Someone sent me 200, so I just sent you 30. 

Much appreciated Nullu, very generous of you Just syncing up my wallet atm.

[Nullu]

So this coin looks... different... I'm interested to know how miners are doing so far? What are people finding as a sweet spot for mining hash rates? I have 3Mh/s on scrypt which I believe equates to 3Gh/s on SHA-256 (I may be mistaken) is this too much/little to be effective? Other then direct coin to coin trading are there plans in the pipes for stores to encourage transfers?

If you have a few left over I would be interested in checking this out: 1HZXcm2r9sF71m9FNtrZDB8Dwqhy2AXT7q

Sorry for the wall of questions but not only have I not been around long enough to know much about mining SHA-256 I also haven't seen a coin that has got to the point of having to rely purely on transfer fees yet, it has been a curiosity of mine of how coins will react when they get to the point of relying on fees. Oh and one more question it doesn't look like you enforce a minimum fee (may be wrong as I haven't tried a transfer yet - no coins ;P) would it not be a good idea for a coin like this to have an enforced fee?

Looking forward to hearing what people have to say

I have sent you 3 coins. Sorry I could not send more, but my donation funds have dried up for this phase of coin giving. I have the rest reserved for later promotions and funding.

If any big holders want someone to give away coins on their behalf, please donate to 1MBbDbo7koEA9TPnRT25BYfEp2s6Wu1BVM

I will give away everything I receive.

Coins via mining is a bit haphazard right now, but that should change once the difficulty retargets, and after the next wallet release.

Someone sent me 200, so I just sent you 30.  

Much appreciated Nullu, very generous of you Just syncing up my wallet atm.

No problem. If you become an active member of the community and start sending it out to others, I will send more. Just don't sell to anyone who has an activity of 1 or 2. There's a lot of shill accounts trying to hoard PMC.

I know that makes it hard for people new to the forum that have heard about Premine elsewhere, but that is exactly what the faucet will solve.

[Musent]

Please donate to 1NuD6pJjZnAoHzBPcoSM5dJTtP9TCV6725 for faucet on my personal VPS. It's moving along really nicely so far. For every 10 PMC I receive, I will pass on 5 PMC to 2 people in rates of 2.5. Of course, adding in 1% TX fee.

Thanks for the support!

[ByronP]

I need that client code!!!!!

[Nullu]

Please donate to 1NuD6pJjZnAoHzBPcoSM5dJTtP9TCV6725 for faucet on my personal VPS. It's moving along really nicely so far. For every 10 PMC I receive, I will pass on 5 PMC to 2 people in rates of 2.5. Of course, adding in 1% TX fee.

Thanks for the support!

Can we see the faucet in action?