Oh boy... This one will either excite people or make people angry. Please send any positive messages at me and the angry ones can go to since she blames me for everything and it's time I get even.
The biggest question we seem to receive is:
HEY, WHAT ARE THESE MINERS!! WHY ARE THE MINERS NOT MAKING ME DRIVE 5 LAMBOS AND A DELOREAN?!
First thing I want you to understand is that these miners are LONG TERM ideas. They are NOT going to just churn out Palcoin like it's a water faucet. They will however, in time, be a nice passive stream of Palcoin.
There are two versions
PALM which "mines" at 1X (100k possible to purchase)
And PALMM which mines at 4X (10k possible to purchase)
The more miners you have, the better chance you have at getting a Palcoin when it distributes.
There is no exact guarantee that there will be a constant timed flow for your particular miner.
Again, think LONG TERM and passive.
If you've ever done hardware mining, then the idea is quite similar of trying to solve a block before someone else does. That time depends on how much hash power you have (or in this case, miners). You will get a "block" here and there, and in the long run you will end up ahead.
I'm not sure I have expressed LONG TERM enough. So I will do it again. LONG TERM!
This chart shows the POM pool for each year. So this year there are 210,000 Palcoins to be mined, next year there will be 189,000, etc. Notice that we have it broken down by years. Again, back to the long term theme I keep harping on.
Now, those will be divided by the amount of miners that have been sold, and if you buy several, your chances of getting the Palcoin increases.
Now, for the really confusing part. As of right now, there is not a way to determine what is coming from mining or what shows up as rewards. This is something all of us understand is an issue and a BIG point of confusion. It is working as we have several people get their mined coins well before payouts went live.
I can tell you that it is 100% on the list of things we need fixed.
Clear as mud, huh?
The bottom line is this. If you're looking for long term and passive, miners may be for you. If you're looking for the quick and easy? Well, this is not it.
If you have any questions, drop by the discord found at minnowpond.org and ask away in the help section. Thank you for not killing me.