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

[MyFarm]

So you all think the price is low and I should buy? Hate that I can't mine it but I can mine other coins, dump and buy PMC

PMC is speculative.  If you can't afford to lose what you invest, then please don't.  But if you have a small amount you can be risky with, then I personally believe in the potential of PMC.  But risk/reward for everyone is different.  I'm in PMC for the long haul but I can afford to lose what I invested if I'm wrong.

[sleepless]

how do we mine it if all blocks are out? 3.7k diff? omg

You can still mine Premine; when you transfer coins from your wallet you pay a transaction fee. This small transaction fee ends up in new blocks on the network. The more people who transfer Premine and the busier the network = the higher the block rewards.

I saw block rewards of up to 1 PMC per block yesterday. It's normally lower than that but it depends on how many transactions are in each block. Best thing to do is just aim some ASICs at it and wait until the network gets busy again.

Ahh okay. So it's SHA256 algo, isn't it?

That explains the diff

Did that fact get removed from the OP?  

I might be blind (you know, cause I'm sleepless and sometimes veeeery tired) but I can't see any info about it in the OP.

[Nullu]

how do we mine it if all blocks are out? 3.7k diff? omg

You can still mine Premine; when you transfer coins from your wallet you pay a transaction fee. This small transaction fee ends up in new blocks on the network. The more people who transfer Premine and the busier the network = the higher the block rewards.

I saw block rewards of up to 1 PMC per block yesterday. It's normally lower than that but it depends on how many transactions are in each block. Best thing to do is just aim some ASICs at it and wait until the network gets busy again.

Ahh okay. So it's SHA256 algo, isn't it?

That explains the diff

Did that fact get removed from the OP?  

The dev is currently in the process of updating the first post. I've sent him a message to add the coin's stats back in.  

The first post recently got a makeover. It probably just got removed by mistake.

[shanent]

remember this guys https://cryptsy.freshdesk.com/support/discussions/topics/4000000021

[martins]

how do we mine it if all blocks are out? 3.7k diff? omg

You can still mine Premine; when you transfer coins from your wallet you pay a transaction fee. This small transaction fee ends up in new blocks on the network. The more people who transfer Premine and the busier the network = the higher the block rewards.

I saw block rewards of up to 1 PMC per block yesterday. It's normally lower than that but it depends on how many transactions are in each block. Best thing to do is just aim some ASICs at it and wait until the network gets busy again.

Ahh okay. So it's SHA256 algo, isn't it?

That explains the diff

Did that fact get removed from the OP?  

guess im out of it just trew my GPU at it thiking it was scrypt

[sleepless]

So you all think the price is low and I should buy? Hate that I can't mine it but I can mine other coins, dump and buy PMC

PMC is speculative.  If you can't afford to lose what you invest, then please don't.  But if you have a small amount you can be risky with, then I personally believe in the potential of PMC.  But risk/reward for everyone is different.  I'm in PMC for the long haul but I can afford to lose what I invested if I'm wrong.

I know. I only asked cause you all are here longer than me and it seems that this isn't the typical doge community (like "buy buy buy", "HODL", "to da mooooon!")...

[Nullu]

remember this guys https://cryptsy.freshdesk.com/support/discussions/topics/4000000021

+1

Lets really push hard for Cryptsy. Imagine where we would be now with the current high demand for PMC and Crypstys volume.

Unobtanium, move out of the way.

[LiYun_001]

PMC is still alive?

[MyFarm]

how do we mine it if all blocks are out? 3.7k diff? omg
my adress 1E1s6dxkZ9J39pQfvJ8ewNoBYN8f6Mmmzr
feel free to give some
any pools?

Donated!

You mine for transaction fees.  That's the whole idea behind this coin which makes it VERY unique and VERY interesting in my opinion.

[Nullu]

So you all think the price is low and I should buy? Hate that I can't mine it but I can mine other coins, dump and buy PMC

PMC is speculative.  If you can't afford to lose what you invest, then please don't.  But if you have a small amount you can be risky with, then I personally believe in the potential of PMC.  But risk/reward for everyone is different.  I'm in PMC for the long haul but I can afford to lose what I invested if I'm wrong.

I know. I only asked cause you all are here longer than me and it seems that this isn't the typical doge community (like "buy buy buy", "HODL", "to da mooooon!")...

Yeah, there are some smart people and some very cool heads in this thread. Those who are smart enough to see the huge potential in PMC have been supporting it from the beginning. I've personally put in coding time for PMC with my Block Rewarder script, as I know supporting this coin will pay off in a huge way.

This is why PMC is a serious investment. Those who fully understand PMC do not tend to be the type of people who behave like that.

[shanent]

So you all think the price is low and I should buy? Hate that I can't mine it but I can mine other coins, dump and buy PMC

PMC is speculative.  If you can't afford to lose what you invest, then please don't.  But if you have a small amount you can be risky with, then I personally believe in the potential of PMC.  But risk/reward for everyone is different.  I'm in PMC for the long haul but I can afford to lose what I invested if I'm wrong.

I know. I only asked cause you all are here longer than me and it seems that this isn't the typical doge community (like "buy buy buy", "HODL", "to da mooooon!")...

Start yourself a new thread in alternate crypto, we are a community and all can help for PMC cause

[martins]

someone just sent me +1PMC rly thanks!  

[shanent]

someone just sent me +1PMC rly thanks!  

Hold and help to make PMC more valuable

EDIT: start voting all the links in my sig

[MyFarm]

someone just sent me +1PMC rly thanks!  

You're welcome.  The best thing you can do is now give .1 or .2 of that to someone else

Pay it forward.  Help distribute this coin far and wide

[Nullu]

Just doing some script testing and noticed this address on the block explorer;

http://cryptexplorer.com/block/000000000000113d1de81e311edbc8f1c8880da1dfcaa67b04a78cad62fcc8be

 

[shanent]

Just doing some script testing and noticed this address on the block explorer;

http://cryptexplorer.com/block/000000000000113d1de81e311edbc8f1c8880da1dfcaa67b04a78cad62fcc8be

 

this one http://cryptexplorer.com/address/1FREE145aEP2FHcNWJx83r887L7DU1mH6V ?

[getmining.info]

Just doing some script testing and noticed this address on the block explorer;

http://cryptexplorer.com/block/000000000000113d1de81e311edbc8f1c8880da1dfcaa67b04a78cad62fcc8be

 

this one http://cryptexplorer.com/address/1FREE145aEP2FHcNWJx83r887L7DU1mH6V ?

Gogo JohnnyV Block Rewarder!

[Nullu]

Just doing some script testing and noticed this address on the block explorer;

http://cryptexplorer.com/block/000000000000113d1de81e311edbc8f1c8880da1dfcaa67b04a78cad62fcc8be

 

this one http://cryptexplorer.com/address/1FREE145aEP2FHcNWJx83r887L7DU1mH6V ?

Gogo JohnnyV Block Rewarder!

Aha. I knew it. Great work JohnnyV.  

I've just tweaked mine. I have some catching up to do. 

[Benezivas]

I really do like the community spirit in here, there is no mindless screaming when to hold, buy or sell, much more a discussion

[Naturalmystic]

anyone fancy spreading the premine love my way? 1Cb1EEGHHXjFNze9629sYZE1Tj9H5Tbqc7