[pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★

[skywave]

interesting - i'll go for it..

[skywave]

errr - not entirely sure - is it going to be scrypt mining on GPUs or CPUs..?

[fullhdpixel]

Definitely interested! I want to buy some of that 3% premine if possible.

[sevoque]

errr - not entirely sure - is it going to be scrypt mining on GPUs or CPUs..?

Its Scrypt Adapative-N so basically as you have with Vertcoin, it utilizes its own unique miner (through GPU in most cases) that will for the most part half your available mining power

[skywave]

errr - not entirely sure - is it going to be scrypt mining on GPUs or CPUs..?

Its Scrypt Adapative-N so basically as you have with Vertcoin, it utilizes its own unique miner (through GPU in most cases) that will for the most part half your available mining power

hmm that's new to me - will that mean that I can use cgminer like for other scrypt coins?
and solo-mine?

ok I prob need to study a bit I see..

[sevoque]

errr - not entirely sure - is it going to be scrypt mining on GPUs or CPUs..?

Its Scrypt Adapative-N so basically as you have with Vertcoin, it utilizes its own unique miner (through GPU in most cases) that will for the most part half your available mining power

hmm that's new to me - will that mean that I can use cgminer like for other scrypt coins?
and solo-mine?

for other coins yes, this wont let you use cgminer to mine it.

Basically the advantages of the two main features with our coin (adaptive and gravity) is that we are pushing away mining pools from hammering the coin and having an impact on the coins value.

[Kheg]

Wait wait wait...

A premine AND an IPO?

You can't be serious.

[mrakbox]

errr - not entirely sure - is it going to be scrypt mining on GPUs or CPUs..?

Its Scrypt Adapative-N so basically as you have with Vertcoin, it utilizes its own unique miner (through GPU in most cases) that will for the most part half your available mining power

hmm that's new to me - will that mean that I can use cgminer like for other scrypt coins?
and solo-mine?

for other coins yes, this wont let you use cgminer to mine it.

Basically the advantages of the two main features with our coin (adaptive and gravity) is that we are pushing away mining pools from hammering the coin and having an impact on the coins value.

sooo... how to mine this coin if not with cgminer?

[sevoque]

Wait wait wait...

A premine AND an IPO?

You can't be serious.

We want to ensure the best possible success for this coin by securing service providers and facilities for the coin holders. Because of the potential volume of coins per block, we feel that this is going to be the best way to ensure that these services can be offered from day 1 so that people are not yelling at us for a way to actively make use of the coins.

[sevoque]

errr - not entirely sure - is it going to be scrypt mining on GPUs or CPUs..?

Its Scrypt Adapative-N so basically as you have with Vertcoin, it utilizes its own unique miner (through GPU in most cases) that will for the most part half your available mining power

hmm that's new to me - will that mean that I can use cgminer like for other scrypt coins?
and solo-mine?

for other coins yes, this wont let you use cgminer to mine it.

Basically the advantages of the two main features with our coin (adaptive and gravity) is that we are pushing away mining pools from hammering the coin and having an impact on the coins value.

sooo... how to mine this coin if not with cgminer?

So we will be providing a download link to Vertminer (Which is used by Vert Coin) in order to mine Panda

the simplest way for us to explain what vertminer is :

It makes use of GPU at around half the normal capacity of what you would usually hash at through CGMINER - It's a modded algorithm that is harder to mine than normal scrypt, and requires lowered thread concurrency and possibly lowered intensity, memclock and core clocks depending on your setup.

Please refer to vertcoin threads and settings related threads in order to gain a more indepth understanding of how it works:

Links here: https://bitcointalk.org/index.php?topic=416572.0

[skywave]

will it be possible to solo-mine this or can it only be done via a pool?

edit: ok ty sevoque will read that

[sevoque]

will it be possible to solo-mine this or can it only be done via a pool?

absolutely you are able to solo mine

[Kheg]

Wait wait wait...

A premine AND an IPO?

You can't be serious.

We want to ensure the best possible success for this coin by securing service providers and facilities for the coin holders. Because of the potential volume of coins per block, we feel that this is going to be the best way to ensure that these services can be offered from day 1 so that people are not yelling at us for a way to actively make use of the coins.

Yeah, no.  This is a pure cash grab... and most definitely not "dogecoin-like".

[Fastpow]

So many people won't be able to mine this correctly :p

Glad i got VTC all figured out a long time ago

[sevoque]

Wait wait wait...

A premine AND an IPO?

You can't be serious.

We want to ensure the best possible success for this coin by securing service providers and facilities for the coin holders. Because of the potential volume of coins per block, we feel that this is going to be the best way to ensure that these services can be offered from day 1 so that people are not yelling at us for a way to actively make use of the coins.

Yeah, no.  This is a pure cash grab... and most definitely not "dogecoin-like".

Please feel free to explain why you feel that way as we feel that offering such a great coin, with great functionality and features, services on launch and a big crossover in to the asian markets is a very good opportunity for people who are interested in our coin. If you feel that the 3% / IPO is unfair then please feel free to mine another coin. We see a lot of altcoins launch, and we are learning from all of their mistakes by ensuring a solid and smooth launch, please appreciate that we only have everyone's best interest at heart. This isn't going to be a coin you mine for a day and then switch to mine something else

Sev

[KeyserSozeMC]

Wait wait wait...

A premine AND an IPO?

You can't be serious.

We want to ensure the best possible success for this coin by securing service providers and facilities for the coin holders. Because of the potential volume of coins per block, we feel that this is going to be the best way to ensure that these services can be offered from day 1 so that people are not yelling at us for a way to actively make use of the coins.

Yeah, no.  This is a pure cash grab... and most definitely not "dogecoin-like".

It's better than DOGEpoop-like.

[sevoque]

So many people won't be able to mine this correctly :p

Glad i got VTC all figured out a long time ago

We are going to be assisting users with compiling a lot of the information already available on the Vertcoin setting threads to ensure that users can get up and running without too much turbulence and raging

[lasciv]

https://bitcointalk.org/index.php?topic=456381.0

clean from what?

 

[shaun2007182]

So many people won't be able to mine this correctly :p

Glad i got VTC all figured out a long time ago

yes agreed im going to try it out later test it with vertcoin.  Already seen some threads with settings for my cards.  Lets hope not many others figure it out lol more for us then.

[rahrahrah]

wolong asking people to pre-buy in for this pre-mine coin in his private channel......... wow

heh...