First 48 hours or so with the palmegaminer token (PALMM)

Hello everyone,

I thought I'd take a moment to write about my experience so far with buying a PALMM token on Steem Engine. I want to note though that this is just for informational purposes. Don't take any financial advice from me.

So two days ago on June 11th I bought 1 PALMM token on Steem Engine. For those who don't know, that's the Mega Miner for PALCoin. You should read up on PALCoin here if you haven't already. The system is still very new so we should all be very patient with the Steem Engine and PAL teams that are bringing us this really fun addition to the Steem Blockchain. I noticed there isn't a lot of information about the miners going around outside of the discord so I thought I'd share what I've learned so far. Again, I'm new to this as well so things may change.

I bought my PALMM on Steem Engine for 100 STEEM, which was roughly $40 USD at that point. I was going through some old wallets and I found some tokens to sell. Originally I was going to power up but I thought trying out a miner would be more fun. I staked it right away and waited. Nothing happened for about a day or so, but at some point on June 12th I was on Palnet.io and noticed I had some rewards waiting for me so I claimed them. I didn't think about it until later on, but I realized that might have been my first mining payout because I didn't have any post rewards coming up that day. I asked around the discord and was told that my mining rewards would indeed be claimable from both Palnet.io and Steem-engine.com

That was really exciting so I wanted to look out next time to confirm. Today, I had another 2 PAL waiting for me when I woke up and I took some screenshots from it. My intention is to compare these visually to a post reward claim to see if there's a difference in notation or any way to confirm that these are definitely mining payouts, unless someone has already done that by the time I get to it. Maybe about 2 days or so for my first PAL post reward.

For now, I'm pretty sure these claims were my mining reward from my PALMM.

First, here's the notification for the 2 PAL from the second claim on Steem Engine:

It's at the top of the wallet page. You also get a notification in the PAL listing in the wallet:

Do you see that little hand icon with the dollar sign? That's an indicator as well that you can claim tokens.

Finally, you also see a message on your wallet page on Palnet.io:

So far, I'm really happy with my PALMM. It's exciting. I expect the frequency and amount of payouts to vary wildly as things settle down but I wouldn't have bought it if I wasn't excited about the idea of the ride.

Hope this was helpful for folks who bought miners and were wondering what the expect. I'll update again if I have some more info!

xo
Ciel