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

[maursader]

Jeeze, with all this "premine = scam" comments I see, I wonder why we don't get this amount of threads about Ripple, NXT and Mastercoin. Those guys are 100% pre-mined. Shall we call them scam coins too? I'm not saying I'm for or against premine, I'm just saying, all things considered, it would be a very childish thing to outright call a coin, scam, mainly on the premise of its premine.

+1 this coin is anything but a scam, we offered our IPO as a means of securing long-term value for the coin.

Whatever happens, it's the dollars that do the talking. If you guys really have a strong coin, it will prove itself with time. Same goes for the other variations of Panda coin. Either way, people should remain at their best when discussing these alt coins.

Let me add a caveat, new coins, or old coins, only invest as much as you are willing to risk.

[1715613735]

1715613735

[1715613735]

1715613735

[maursader]

Wait , is there a non ripple/nxt holder , who isn't calling ripple or nxt a scam :?

Yes. Me. I'm not calling it a scam, though I choose not to invest with it. I feel there are other avenues to transfer money, that don't rely on their network.

[binaryclock]

PANDA.DEDICATEDPOOL.COM

Benefits of Mining on DEDICATEDPOOL.COM

• Backups every 30 minutes of the databases and wallets to protect your mining endeavours.
• Full 24/7 support available at admin@dedicatedpool.com
• Mine uninterrupted - dedicated servers w/redundancy, DDoS protection.
• Trustworthy admins who care about your experience and mining.

Mining Information

• Custom stratum/mpos environment
• Vardiff enabled
• PPNLS payout system
• Everything is transparent - blocks, donations, fees.

Server Infrastructure

• SIX(6) SERVERS IN CLUSTER
• DDoS protection at switch level
• 8 Core servers, 256GB DDR3 RAM, RAID 10 SSD
• Ramdisks, memcaches, to make things go extremely quick

[vaelrock]

I cant beleive how people here continue to mine this shitty wolong premine(3% LOL) scam, and not the real and true pandacoin. noobs are crazy

At 70 satoshi is not even profitable with 150 diff. Noobs can't even do math properly!

Network hashrate = D * 2^32 / BT
D (Diff) is 150.
BT (block time in s) is 150.
so Network hashrate ~= 4.3GH/s.

With 500KH/s, which is equivalent to 1 MH/s for traditional scrypt coins, you have 0.01164% of the total hashrate.
There's currently 576 blocks per day, providing 500k pandacoin on average. So each day you're gaining ~33500 pandacoin.
33500 pandacoin is ~ 0,02345 BTC

With 1 MH/s DOGE is currently providing you 0,012 BTC per day. So with a diff of 150, pandacoin is currently twice as profitable as DOGE.

Except if the formula relating network hashrate to diff is different with a N-adaptive algo.

[add1ct3dd]

Hey guys,

United-Miners is open and rocking the blocks!

http://panda.united-miners.com - has the usual pool features:

Stratum with VARDIFF - adjusts automatically to your hashing speed for optimal results
1 % FEE - small fee to ensure pool stays alive - we have very extensive hardware to ensure no downtime  
Idle Worker Notifications - you will be mailed when a worker goes idle
Fancy mobile site - access the site easily via your IPhone/Android
SSL protected
DDoS Protected

[XbladeX]

I cant beleive how people here continue to mine this shitty wolong premine(3% LOL) scam, and not the real and true pandacoin. noobs are crazy

At 70 satoshi is not even profitable with 150 diff. Noobs can't even do math properly!

Maths ?
hmm 70satoshi - my 3,5khs(scrypt)/ 1.7khs(Vert) ring ~ 100k PANDA/day  14days to 1 BTC!!!!!!...
Try count once more.... 10 days 0,7Btc
Keep learning maths it will save your money someday.

Tell me if i am noob, what should i mine instead ?
Check coinwarz... all others have so low difficulty so you never join on time without low diff multi pool few blocks to mine...
Then diff jumps 2x-3x.
BTW
Here you have no big ASICs farms not all miners sells their coins little miners usually keep more coins than big commpany kind farms  (like middle coin will do).
We have at least stable price no big diff jumps no ASIC's (just few GPU farms around ).
With Doge i have seen bigger diff jump even.
Here hash rate is increasing 5% per hour.

3% coin =/= scam for me its acceptable for me ofcourse its better to 0% but i respect devs time and their work.
If someone want buy it why not its free market.  

Hurts that it is not equal to DOGE overall Doge have block time 60s here we have 210s.
First block halving will be in ~5months. Supply of that coin now is like Doge after halving IPO sells was about 50satoshi so early investors won't dup that coin fast when market will be bigger then selling 10-20m more wont make anny chage in economy not all investors are blind morons more dumping is from miners IMO if there is any.

[XbladeX]

I cant beleive how people here continue to mine this shitty wolong premine(3% LOL) scam, and not the real and true pandacoin. noobs are crazy

At 70 satoshi is not even profitable with 150 diff. Noobs can't even do math properly!

lol you're an idiot if you think premine automatically means scam. premine is needed to fight high volume dumpers and use it for purposes to promote the coin.

also, wolong has a rep to keep. there is no way he would just run away and dump it all so soon. it's better to rake in profits long-term than dump all at once.

there is a reason why diff is so high...

And IPO sell was at 50satoshi...

[novahash]

Pandacoin Pool

http://panda.novahash.org/ - Stratum, Vardiff

Pool is up and running. Miners wanted.

PPLNS, 1%, 0.1 PANDA TX Fee

First 25 users get 0% Fee for life

1000 Panda BONUS TO BLOCK FINDERS

Don't miss the bonus, jump in right now.

[sevoque]

I cant beleive how people here continue to mine this shitty wolong premine(3% LOL) scam, and not the real and true pandacoin. noobs are crazy

At 70 satoshi is not even profitable with 150 diff. Noobs can't even do math properly!

lol you're an idiot if you think premine automatically means scam. premine is needed to fight high volume dumpers and use it for purposes to promote the coin.

also, wolong has a rep to keep. there is no way he would just run away and dump it all so soon. it's better to rake in profits long-term than dump all at once.

there is a reason why diff is so high...

And IPO sell was at 50satoshi...

i think it was 25 satoshi

[yannis7777]

Why has diff increased that much guys?

[Swisscex]

Good news!!

Pandacoin has been added to our exchange www.swisscex.com

https://www.swisscex.com/market/PAND_BTC
https://www.swisscex.com/market/PAND_LTC
https://www.swisscex.com/market/PAND_DOGE

We wish you happy trading!

SWISSCEX

[SxC]

Good news!!

Pandacoin has been added to our exchange www.swisscex.com

https://www.swisscex.com/market/PAND_BTC
https://www.swisscex.com/market/PAND_LTC
https://www.swisscex.com/market/PAND_DOGE

We wish you happy trading!

SWISSCEX

We aint PAND we are PANDA are you sure its the correct 1 ?

[yannis7777]

Good news!!

Pandacoin has been added to our exchange www.swisscex.com

https://www.swisscex.com/market/PAND_BTC
https://www.swisscex.com/market/PAND_LTC
https://www.swisscex.com/market/PAND_DOGE

We wish you happy trading!

SWISSCEX

Are you sure you are on the correct PANDA thread? Your symbol (PAND) probably refers to the other PANDA coin (really how many of them fuckers exist right now)?

[SimonG]

Why has diff increased that much guys?

What do you expect? All people want to make as much money as possible.

Now when diff is at 150+ its not profitable to mine anymore.

[XbladeX]

I cant beleive how people here continue to mine this shitty wolong premine(3% LOL) scam, and not the real and true pandacoin. noobs are crazy

At 70 satoshi is not even profitable with 150 diff. Noobs can't even do math properly!

lol you're an idiot if you think premine automatically means scam. premine is needed to fight high volume dumpers and use it for purposes to promote the coin.

also, wolong has a rep to keep. there is no way he would just run away and dump it all so soon. it's better to rake in profits long-term than dump all at once.

there is a reason why diff is so high...

And IPO sell was at 50satoshi...

i think it was 25 satoshi

https://www.dropbox.com/s/t8eah0hnsxvoqrp/IPO%20Official%20-%20Sheet1.pdf

You are right here is document @25

[yannis7777]

Why has diff increased that much guys?

What do you expect? All people want to make as much money as possible.

Now when diff is at 150+ its not profitable to mine anymore.

Thanks for the reply Simon. So who determines the diff mate? I am genuinely asking as I have no idea how that works? What you say is that someone increases it to make it harder for people to mine or is the diff something embedded on the coin's code?

[sevoque]

Why has diff increased that much guys?

What do you expect? All people want to make as much money as possible.

Now when diff is at 150+ its not profitable to mine anymore.

Thanks for the reply Simon. So who determines the diff mate? I am genuinely asking as I have no idea how that works? What you say is that someone increases it to make it harder for people to mine or is the diff something embedded on the coin's code?

the more hashpower and miners on the network =- the higher the diff gets pushed

[doge94]

Stablehash Features:

• 48GB DDR3 ram + Xenon 4/8 core processor
• 2TB HDD + RAM memcache
• 160 Gbps DDoS mitigation
• 99+% efficiency
• 99+% uptime
• VARDIFF
• Commitment to uptime and stability
• IRC chat

http://panda.stablehash.com/

0% fee for next 50 miners!

[XbladeX]

Why has diff increased that much guys?

What do you expect? All people want to make as much money as possible.

Now when diff is at 150+ its not profitable to mine anymore.

Ach when i got paid about 50k@70satoshi Doge i was thinking that is not profitable anymore too...
I was selling all then price juped to 300satoshi and that was not so funny anymore :/ haha.
If you are here for fast profit i personally belive that price can go even 2x higher than Doge.
China don't understand Doge...  in their culture PANDA is like "holly" symbol it can be big in CHina like DOge in US IMO.
I think that coin has good Dev team too i like their encrypted by default client and fast transactions...

[stompix]

Why has diff increased that much guys?

What do you expect? All people want to make as much money as possible.

Now when diff is at 150+ its not profitable to mine anymore.

Thanks for the reply Simon. So who determines the diff mate? I am genuinely asking as I have no idea how that works? What you say is that someone increases it to make it harder for people to mine or is the diff something embedded on the coin's code?

The only way you can change difficulty is to add more haspower to the network , have more miners mining the coin. Same for bringing it down.