⛏ Pre-mining is the extraction of coins (tokens) by developers until the cryptocurrency is officially launched, it is also called preliminary emission. These coins are not mined in the usual way, they are generated by a software algorithm.
⛏ PoS mining is one of the types of crypto mining that allows you to receive cryptocurrency without the use of powerful equipment (as in PoW mining), for example, ASIC or special farms for mining.
📌 Pre-mining in PZMCash
The initial issue is 90 million PZMCash. This is 1% of the total final liquidity, which will amount to 9 billion PZMCash. The remaining coins will be issued during PoS mining - payments to the loyal PZMCash holders for supporting the network. The distribution of coins will be implemented as follows:
• 0.7% (63 million PZMC) - Public Sales;
• 0.1% (9 million PZMC) - to the PZMCash project team;
• 0.2% (18 million PZMC) - for marketing campaigns.
Coins will be issued with the start of the network (generation of the first block in the network) and distributed decentralized among a large number of participants, which will make up the initial user base. The first users will get the benefits of early login and will be able to start forging ahead of the rest.
📌 PoS mining in PZMCash
PoS mining is a mechanism for providing an increase in the balance of coins to loyal PZMCash users. Users will receive monthly interest accruals at the accrual rate on the effective wallet balance. The rate depends on the current balance on the active lead wallet and the current total balance on the support wallets - those that were added by the owner of the leading wallet as support.
The reward for PoS mining is based on the value of the effective rate, which is calculated by multiplying the build rate by the multiplier. The maximum rate of increase in the balance of the participant’s coins is 21% per month, the minimum - 1.2% per month or 14.4% per year.
📢 Read more about PZMCash solutions here: https://pzmcash.com/en/
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FERDFWDj.png&t=615&c=fh4KkAZ34d_fhg)