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yup it can be mined by buying and staking mining tokens called PALMM and PALM - I wrote more about there here - https://steemit.com/palnet/@bitcoinflood/why-it-s-smart-to-post-on-palnet

Thanks a lot, i found the link useful

Yes, it's possible to mine PALcoins, if you buy PALM (PalMiner) or PALMM (PalMegaMiner) tokens on Steem-Engine. They are virtual miners of PAL, PALMM being 4x more powerful than PALM.

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