Nullu
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February 03, 2014, 06:25:07 PM |
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Giveaway @ Poloniex! Where do you go to get in on this giveaway? Giveaway tab at the top of the page. You need to be logged in. Thanks a bunch Nullu By the way, good job on the block reward script No problem. I think it's fully operational now. We'll have to see how it goes over the next few days. PMC is at 2000 satoshi, ALL 500k are worth 10btc nice market cap guys! Who wants my 2600 worthless PMC
I'll take them 1L5JV4af7Kcx7i8eYfmimYKJKVGsusYmPT I love how everyone is trying to convince this guy PMC is worthless to get him to hand over his coins. You bunch of sharks.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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Chris180Z
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February 03, 2014, 06:27:47 PM |
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Giveaway @ Poloniex! Nice, thanks. Also, do you guys think this coin will work? There is only 500k coins, and we seem to have hoarders. Given the current price somebody could hoard a LOT of coins (vs to total coin amount) and then this coin will completely fail. I'm trying not to keep over 80 personally and have given the rest away. Maybe we should have made the coin total much higher and kept the official giveaway (from the dev) going for months (maybe with a little help from a small volunteer team). Good call on not keeping over 80. I personally have around that number because I'm a PMC newb. But, don't just give them away! I say make people do something to get one. Like make a thread on the PMC subreddit introducing yourself. PMC reddit community > PMC forum community Well I gave some away here and made a giveaway on my forum - http://www.cryptorun.com/index.php?topic=4.0 only a few left to giveaway now though.
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so142001
Member
Offline
Activity: 114
Merit: 11
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February 03, 2014, 06:30:22 PM |
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Giveaway @ Poloniex! Where do you go to get in on this giveaway? Giveaway tab at the top of the page. You need to be logged in. Thanks a bunch Nullu By the way, good job on the block reward script No problem. I think it's fully operational now. We'll have to see how it goes over the next few days. PMC is at 2000 satoshi, ALL 500k are worth 10btc nice market cap guys! Who wants my 2600 worthless PMC
I'll take them 1L5JV4af7Kcx7i8eYfmimYKJKVGsusYmPT I love how everyone is trying to convince this guy PMC is worthless to get him to hand over his coins. You bunch of sharks. Hey, if he's willing to give them away free, why not? Sharing is caring
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Nullu
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February 03, 2014, 06:30:43 PM |
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Giveaway @ Poloniex! Nice, thanks. Also, do you guys think this coin will work? There is only 500k coins, and we seem to have hoarders. Given the current price somebody could hoard a LOT of coins (vs to total coin amount) and then this coin will completely fail. I'm trying not to keep over 80 personally and have given the rest away. Maybe we should have made the coin total much higher and kept the official giveaway (from the dev) going for months (maybe with a little help from a small volunteer team). Everyone has their price, and the people hoarding who do not care about PMC will sell it off sooner rather than later. It will find it's way around the market over time. Distribution is definitely going up, not down. Hoarding PMC is pointless anyway. You're just wasting BTC. It needs to be in lots of hands.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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Nullu
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February 03, 2014, 07:47:33 PM |
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It's a little unfair, to be honest. To be added so late to the end of the poll closing makes it pretty hard to compare the votes.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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Nullu
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February 03, 2014, 07:56:25 PM |
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Ok, it looks like for whatever reason the block rewarder has stopped producing rewards. It could be that block generation sped up at some point and so the script has gone into cool down until the rate slows back down, or the script isn't running for some reason. I'll check the server tomorrow. Looking at the blockchain, the amount of transactions in each block is considerably smaller, which leads me to believe the script is in cool down mode due to a higher block generation rate. It probably would have been a good idea to set a maximum cap on the cool down rate. As it stands, if the network doesn't slow down, then the block rewarder won't continue to send out rewards until the difficulty readjusts. Actually, the cool down rate just needs to be reset after each cycle of the payout rewarder. I'll need to make some adjustments.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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Zzzack
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February 03, 2014, 08:17:45 PM |
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It's a little unfair, to be honest. To be added so late to the end of the poll closing makes it pretty hard to compare the votes. no point yet. the coin should be distributed more. i don't really want buying/selling of the coin till we double our numbers or at least have more in the public knowledgeable about preminecoin. the coin IS worthless if we don't inform everyone in a fair way (which could just be many PMC topics), because if distribution is screwed before demand is at the proper level, then its hard to see a future for this coin.
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Producer
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Nullu
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February 03, 2014, 08:27:10 PM |
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I've figured out a way to run two seperate independent wallets on my single home machine. I wouldn't dare try to open both wallets at once, but I should be able to run the block rewarder locally from now on. That way if it throws a wobbler I can fix it here.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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renodaret
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February 03, 2014, 08:47:00 PM |
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1P9W3q7uZkMo5NAE1NTEzfo1Uqz8Qij8vh
how do you mine this? where do i point my rigs to? or do we just all solo mine?
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vlight
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February 03, 2014, 08:47:45 PM |
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no point yet. the coin should be distributed more. i don't really want buying/selling of the coin till we double our numbers or at least have more in the public knowledgeable about preminecoin.
the coin IS worthless if we don't inform everyone in a fair way (which could just be many PMC topics), because if distribution is screwed before demand is at the proper level, then its hard to see a future for this coin.
You talk like you have some hidden agenda behind Anyway, it is too late. The coin is already on the exchange. Besides, there is a faucet... and sometimes this thread
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Benezivas
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February 03, 2014, 08:53:53 PM |
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1P9W3q7uZkMo5NAE1NTEzfo1Uqz8Qij8vh
how do you mine this? where do i point my rigs to? or do we just all solo mine?
Basically, you are able to solo mine this coin for the tx fees, if there are any in the current block (Nullu has set up a script that currently adds a bit of a reward to each block until the wallet update with an enforced tx fee is finished being developed). You are also getting coins via the faucet and from some nice members that are willing to redistribute the coin.
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Nullu
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February 03, 2014, 09:05:14 PM Last edit: February 03, 2014, 09:18:31 PM by Nullu |
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It seems that what was potentially causing my script to crash was infact txfees imposed by the network.
Basically, what my script does is set the txfee it wishes to send (the miners reward), then sends the coins from wallet address A, to wallet address B. When wallet address A is running low, wallet address B sends the coins back to wallet address A, so wallet address A can keep sending coins back to B.
It's basically a cycle;
A sends to B A sends to B A sends to B A sends to B A sends to B B sends all to A Repeat from start.
This is the basic principle of generating block rewards. Each time before wallet address A sends to B, it calculates what the bonus should be, and sets the tx fee to that amount.
Where I was tripping up was when sending coins from B back to A. I was querying my wallet and finding out how many coins were in B, and trying to send them all back to A. This doesn't work. If the network imposes its own tx fee on the transaction, then I am trying to send slightly more coins than I can afford to send from B, as you also have to deduct the txfee imposed by the network.
I've gotten around this by simply sending 1 less coin than the total coins in address B. I'll know soon enough if it has worked. This is such an annoying little glitch.
Edit: Script has passed two cycles successfully without crashing. Hopefully 1 PMC is enough of a buffer to prevent the network trying to impose too much of a tx fee on my transfer of coins from B back to A.
Block rewarder is back up and running for the time being.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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marcus951
Member
Offline
Activity: 70
Merit: 10
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February 03, 2014, 10:45:37 PM |
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this thread needs a bump
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Nullu
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February 03, 2014, 10:53:21 PM |
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Type Label Address Amount Payment to yourself -0.0400014 Payment to yourself -0.04000136 Payment to yourself -0.04000132 Payment to yourself -0.04000128 Payment to yourself -0.04000124 Payment to yourself -0.0400012 Payment to yourself -0.04000116 Payment to yourself -0.04000112 Payment to yourself -0.04000108 Payment to yourself -0.04000104 Payment to yourself -0.040001 Payment to yourself -0.04000096 Payment to yourself -0.01000023 Payment to yourself -0.01000022 Payment to yourself -0.01000021 Payment to yourself -0.0100002 Payment to yourself -0.01000019 Payment to yourself -0.01000018 Payment to yourself -0.01000017 Payment to yourself -0.01000016 Payment to yourself -0.01000015 Payment to yourself -0.01000014 Payment to yourself -0.01000013 Payment to yourself -0.01000012 Payment to yourself -0.01000011 Payment to yourself -0.0100001 Payment to yourself -0.01000009 Payment to yourself -0.01000008 Payment to yourself -0.01000007 Payment to yourself -0.01000006 Payment to yourself -0.01000005 Payment to yourself -0.01000004 Payment to yourself -0.01000003 Payment to yourself -0.01000002
Not even sure what's causing this wonderful increase in rewards. Looks like some sort of exponential growth of the mining reward. I'm going to bed. I'll leave it running for tonight. Just to see what happens. Enjoy the mining rewards.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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Zzzack
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February 03, 2014, 10:57:55 PM |
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1P9W3q7uZkMo5NAE1NTEzfo1Uqz8Qij8vh
how do you mine this? where do i point my rigs to? or do we just all solo mine?
Basically, you are able to solo mine this coin for the tx fees, if there are any in the current block (Nullu has set up a script that currently adds a bit of a reward to each block until the wallet update with an enforced tx fee is finished being developed). You are also getting coins via the faucet and from some nice members that are willing to redistribute the coin. What do you mean enforced tx fee? Just a default fee or one that you have to pay? You can set a default in the config file pretty easy and just distribute that..
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Producer
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_CR_
Newbie
Offline
Activity: 34
Merit: 0
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February 03, 2014, 11:28:58 PM |
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thanks to the donor
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creditcoin_CRD (OP)
Member
Offline
Activity: 112
Merit: 10
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February 04, 2014, 12:17:21 AM |
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