Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept
by
maardein
on 30/04/2014, 19:01:34 UTC
Current prices at lightningasic are:

15mhs: 3000usd
30mhs: 5800usd
75mhs: 10000usd
90mhs: 12000usd


Can you buy these things with BTC? If so we could start a collection... PMC and BTC...
Someone trustworthy needs to keep track of percentages etc...

You are our gridseed guy, so having you host it seems reasonable to me....
That also means you may have to put up a collection wallet...

I did the collection for Hashcows with a cold wallet that people could see and watch....

6 BTC gets us the slow one 15 mhs.... what kind of PMC would that bring in?
( assuming nothing else changes of course, in actuality PMC price should go up reducing the payouts in PMC )

We could also find a sha256 switching pool.


Yes, you can buy with BTC at current exchange rate. Prices are fixed in USD (as are most).

I completely missed the SHA asic train, but I am trying to build a collection of scrypt asic gear now Smiley I also have a Alpha-t 16MHS miner in preorder.

You can look at the hashcows profit stats here. At the moment it is around 0.005BTC/mhs/day. So 15mhs would give us 0.075BTC/day, which is around 640PMC/day at current poloniex price, or 750PMC/day at 10k satoshi. However, with the increase in scrypt asics I expect the average BTC/mhs/day to go down over time. On the other hand, there are very profitable scrypt coins every now and then, which sometimes bump the profit to around 0.01BTC/mhs/day.

The problem with SHA switching pools is that only very rarly a SHA coin other than BTC is the most profitable.

I could setup a cold/paper wallet. I have done so a few times with the online generator, I would have to check out how to do it offline first (to be entirely safe) before using one.


What about a private sale of this kind of PMC? To avoid crashing the price on Poloniex... Or a timed sale on Poloniex to increase volume..

Private sale would be great. But we need to find someone who wants to buy 2BTC worth of PMC. Timed sale could work, if we really hype it on the trollbox Smiley