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Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 142. (Read 684864 times)

dust

hero member

Activity: 840

Merit: 1000

Quote from: markm on August 19, 2012, 08:23:23 PM

Quote from: dust on August 19, 2012, 08:21:12 PM

The block reward appears to be consistently decreasing. The first block I mined was worth 2481.75. Maybe it is some sort of exponential decay from 2500/block?

That "newmint" : 7251.48000000 caston's getinfo output shows might be how many coins the next block will mint?

Maybe they set it up to give tons of coins to first few miners, less to others later?

Haven't read the whitepaper yet... (Coin first, settle down to read once coin is coming in...)

-MarkM-

"newmint" is equal to the total coins I have mined. It may only refer to unconfirmed generations, but since it takes 520 blocks to mature, I do not know yet. I've mined quite a few blocks and the reward drops slightly every one.

caston

hero member

Activity: 756

Merit: 500

Is there anyway to find out what kind of hashing power is being thrown as this?

I am unsure if I should let it keep mining or just give up.

oh yes!! [2012-08-20 09:31:24] Accepted 00201e72.b6a12db1 BLOCK! GPU 0

markm

legendary

Legendary level

Activity: 2940

Merit: 1090

Quote from: dust on August 19, 2012, 08:21:12 PM

The block reward appears to be consistently decreasing. The first block I mined was worth 2481.75. Maybe it is some sort of exponential decay from 2500/block?

That "newmint" : 7251.48000000 caston's getinfo output shows might be how many coins the next block will mint?

Maybe they set it up to give tons of coins to first few miners, less to others later?

Haven't read the whitepaper yet... (Coin first, settle down to read once coin is coming in...)

-MarkM-

dust

hero member

Activity: 840

Merit: 1000

The block reward appears to be consistently decreasing. The first block I mined was worth 2481.75. Maybe it is some sort of exponential decay from 2500/block?

markm

legendary

Legendary level

Activity: 2940

Merit: 1090

Quote from: caston on August 19, 2012, 07:52:22 PM

I have been mining since release but haven't yet found a block.. I am using cgminer with a single 6950 with locked shaders and I'm on wifi to my adsl router ):

getinfo
{
"version" : "v0.1.0ppc-beta",
"protocolversion" : 60001,
"walletversion" : 60000,
"balance" : 0.00000000,
"newmint" : 7251.48000000,
"stake" : 0.00000000,
"blocks" : 170,
"connections" : 30,
"proxy" : "",
"ip" : "x.x.x.x",
"difficulty" : 332.00664925,
"testnet" : false,
"keypoololdest" : 1345399274,
"keypoolsize" : 101,
"paytxfee" : 0.01000000,
"errors" : ""

BTW do I get anything for posting a ppcoin address?

PJRLE7zanc9eQL477z6r1CWnBpRxPpxZbu

Using just half the hashing power of my 5870 I got a block in minutes, I wonder how it decides how many coins to assign though, look at how many I purportedly get:

Code:

        "account" : "",
        "category" : "immature",
        "amount" : 2331.41000000,
        "confirmations" : 3,
        "blockhash" : "000000000030f4d84dbc5ca5aa7c7465f7f8ee89b5c77750acd3401ea7476166",
        "blockindex" : 0,
        "txid" : "7f9322b86c8b5d4db4af890b7bf8a8126fd73c84fda60c7374404d0752ec4c31",
        "time" : 1345424597

-MarkM-

mc_lovin

legendary

Legendary level

Activity: 1190

Merit: 1000

www.bitcointrading.com

this can be mergemined with LTC someday?

edit: lol i should have read markm's post lol . I assume so !

markm

legendary

Legendary level

Activity: 2940

Merit: 1090

I haven't read anything about it being merged-mine-able, yet it claims to be energy-efficient.

I don't' see a lot of efficiency in requiring the use of more electricity instead of simply adding it to one's merged-mining lineup...

So far it thus looks less energy-efficient than Namecoin, Devcoin, Groupcoin, I0coin, Ixcoin, and Coiledcoin, all of which can all be mined at once using less added electricity in total for the lot of them than this newfangled thing uses...

-MarkM-

caston

hero member

Activity: 756

Merit: 500

I have been mining since release but haven't yet found a block.. I am using cgminer with a single 6950 with locked shaders and I'm on wifi to my adsl router ):

getinfo
{
"version" : "v0.1.0ppc-beta",
"protocolversion" : 60001,
"walletversion" : 60000,
"balance" : 0.00000000,
"newmint" : 7251.48000000,
"stake" : 0.00000000,
"blocks" : 170,
"connections" : 30,
"proxy" : "",
"ip" : "x.x.x.x",
"difficulty" : 332.00664925,
"testnet" : false,
"keypoololdest" : 1345399274,
"keypoolsize" : 101,
"paytxfee" : 0.01000000,
"errors" : ""

BTW do I get anything for posting a ppcoin address?

PJRLE7zanc9eQL477z6r1CWnBpRxPpxZbu

FuzzyBear

legendary

Legendary level

Activity: 1420

Merit: 1010

Quote from: DeaDTerra on August 19, 2012, 03:53:12 PM

Quote from: dust on August 19, 2012, 03:52:00 PM

Quote from: DeaDTerra on August 19, 2012, 03:51:03 PM

Quote from: Greedi on August 19, 2012, 03:49:47 PM

Quote from: DeaDTerra on August 19, 2012, 03:46:01 PM

I tried to get the client running but it says something about RPCpassword and such Tongue

Tongue

Anyone care to help me?

//DeaDTerra

you need to make ppcoin.conf

in ./ppcoin folder

I have made on in the roaming/PPcoin it's called ppcoin.conf
and it contains
rpcuser=bitcoinrpc
rpcpassword=
but it doesn't work
//DeaDTerra

You need to give it a password.

I gave it a password, still didn't work. Must the pass have certain characteristics.
//DeaDTerra

I have similar issue as mentioned by DeadTerra....

Message says that there is no file is there C:... /ppcoin/ppcoin.conig....blah blah

Yet I had created the file etc.. was editing it and not sure why still getting message....

RESOLVED - Looked in the folder where the config file should have been .. and there were 2 files as one wa already created... and with all the lines commented out... altered the lines

rpcuser=User
rpcpassword=pass

and that got rid of that error message

However now i just get blank screen on running ppcoind.exe Huh

Huh

Any ideas.. setting in config i take it... alredy allowed access through firewall.

Sunny King

legendary

Legendary level

Activity: 1205

Merit: 1010

- Initial release is command line (daemon) only. If you don't know how to use it read Bitcoin wiki and our wiki or ask others for help.
- Proof-of-work difficulty starts at 256 and then continuously adjust (same as bitcoin hash algorithm)
- No premine. See the prerelease thread. Release build was published 5 minutes before block chain start time
- Checkpoint will try to checkpoint *every* proof-of-work block. This way malicious powerful miners can't kick good nodes' blocks. We will review this policy after the network begins to mature.

MAD_MAD

newbie

Activity: 27

Merit: 0

You get to "mine" proof-of-stake by holding-and-spending coins in a manner that maximizes their age.

In principle, the idea is rather good.

In this implementation - not so sure Grin

Grin

dust

hero member

Activity: 840

Merit: 1000

I still do not understand proof of stake very well. Do miners collect transaction fees just by holding coins?

Greedi

sr. member

Activity: 266

Merit: 250

LitecoinTalk

Quote from: Simran on August 19, 2012, 04:05:32 PM

Quote from: Greedi on August 19, 2012, 04:02:40 PM

Quote from: dust on August 19, 2012, 04:01:11 PM

Quote from: Greedi on August 19, 2012, 03:55:29 PM

Quote from: idev on August 19, 2012, 03:52:56 PM

What miners is this supporting ?

scrypt

Quote from: Greedi on August 19, 2012, 03:56:09 PM

@Sunny King how can the diff be that high?

It is that "high" because it is not scrypt based. Standard SHA256.

then i'll need to ask, how can i mine with scrypt ??

You can't, because it's based off SHA256.

Sure i can Simran, else i would not say if.. doh..

Simran

hero member

Activity: 714

Merit: 500

Quote from: Greedi on August 19, 2012, 04:02:40 PM

Quote from: dust on August 19, 2012, 04:01:11 PM

Quote from: Greedi on August 19, 2012, 03:55:29 PM

Quote from: idev on August 19, 2012, 03:52:56 PM

What miners is this supporting ?

scrypt

Quote from: Greedi on August 19, 2012, 03:56:09 PM

@Sunny King how can the diff be that high?

It is that "high" because it is not scrypt based. Standard SHA256.

then i'll need to ask, how can i mine with scrypt ??

You can't, because it's based off SHA256.

Greedi

sr. member

Activity: 266

Merit: 250

LitecoinTalk

Quote from: dust on August 19, 2012, 04:01:11 PM

Quote from: Greedi on August 19, 2012, 03:55:29 PM

Quote from: idev on August 19, 2012, 03:52:56 PM

What miners is this supporting ?

scrypt

Quote from: Greedi on August 19, 2012, 03:56:09 PM

@Sunny King how can the diff be that high?

It is that "high" because it is not scrypt based. Standard SHA256.

then i'll need to ask, how can i mine with scrypt ??

dust

hero member

Activity: 840

Merit: 1000

Quote from: Greedi on August 19, 2012, 03:55:29 PM

Quote from: idev on August 19, 2012, 03:52:56 PM

What miners is this supporting ?

scrypt

Quote from: Greedi on August 19, 2012, 03:56:09 PM

@Sunny King how can the diff be that high?

It is that "high" because it is not scrypt based. Standard SHA256.

Greedi

sr. member

Activity: 266

Merit: 250

LitecoinTalk

@Sunny King how can the diff be that high?

Greedi

sr. member

Activity: 266

Merit: 250

LitecoinTalk

Quote from: idev on August 19, 2012, 03:52:56 PM

What miners is this supporting ?

scrypt

Greedi

sr. member

Activity: 266

Merit: 250

LitecoinTalk

Quote from: DeaDTerra on August 19, 2012, 03:51:03 PM

Quote from: Greedi on August 19, 2012, 03:49:47 PM

Quote from: DeaDTerra on August 19, 2012, 03:46:01 PM

I tried to get the client running but it says something about RPCpassword and such Tongue

Tongue

Anyone care to help me?

//DeaDTerra

you need to make ppcoin.conf

in ./ppcoin folder

I have made on in the roaming/PPcoin it's called ppcoin.conf
and it contains
rpcuser=bitcoinrpc
rpcpassword=
but it doesn't work
//DeaDTerra

not sure then, sorry..

working here

dust

hero member

Activity: 840

Merit: 1000

Quote from: idev on August 19, 2012, 03:52:56 PM

What miners is this supporting ?

Any miner should work. I'm using cgminer.

Quote from: DeaDTerra on August 19, 2012, 03:53:12 PM

I gave it a password, still didn't work. Must the pass have certain characteristics.
//DeaDTerra

Hmmm, no idea. There are no special password requirements, a single character should work even.

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