Topic: Buying Your XPM (PrimeCoin) - For LTC (Read 5751 times)
Yeah, not selling mine for less than .01 BTC per coin. These coins are ridiculously hard to mine and the maturation time is ouch slow.
Managed to mine 80 XPM before difficulty exploded yesterday. Gonna hold them at least until they hit an exchange. I think .01BTC is pretty darned cheap for them right now considering they are hard as heck to mine and take forever to mature. I'm thinking it won't take long at all for them to hit .1BTC or higher once they hit an exchange.
They're only CPU mine-able right now and with difficulty at 7+...well...they are just really hard to get. I'm feeling fairly confident they will quickly skyrocket past .01BTC when an exchange eventually picks them up.
They're only CPU mine-able right now and with difficulty at 7+...well...they are just really hard to get. I'm feeling fairly confident they will quickly skyrocket past .01BTC when an exchange eventually picks them up.
I'm not sure if 1 XPM/0.01BTC is a fair price or not. The supply is quite limited and seems hard for folks to mine-you can't even mine it with EC2 AFAIK. I think I may hold onto mine and not sell any of them; I'm kind of excited to be in on something that looks quite promising in the very beginning.
Wow. I want to sell you some, but it looks like I don't have any decent computers to mine with!
My i5 is only getting 4 PPS and my laptop (AMD quad core A8) only gets 2 PPS lol
My i5 is only getting 4 PPS and my laptop (AMD quad core A8) only gets 2 PPS lol
Still buying, PM if you have any you want to sell, shoot me a price with it too. I understand they are hard to mine and take a while to mature, but it dosent justify the outrages prices, not yet anyway considering the launch thread from the devs state that PrimeCoin can be retracted, killing the coin.
getmininginfo
Hmmm... it's been going for about 15 minutes or so... and shows zero. What am I doing wrong?
{
"blocks" : 2603,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"errors" : "",
"generate" : true,
"genproclimit" : 2,
"primespersec" : 0,
"pooledtx" : 0,
"testnet" : false
}
getmininginfo
Hmmm this is the first I've heard of this coin and now I am intrigued...
So this is entirely CPU based mining?
So this is entirely CPU based mining?
Yep for now. All built in wallet solo mining. All pool and miner software will need to be rewritten for it.
Interesting... my mining rig CPUs aren't doing anything right now anyways, so I guess I will get this set up soon.
I'd advise doing it fast to get what you can. The difficulty is on a constant uptrend so far. Setup is very easy too just download the wallet and enter setgenerate true (core amount) in the console and you're off to the races
Hmmm maybe I'm too much of a n00b here, but how is everyone seeing their speeds? I typed in "setgenerate true 2" and it just has a blank line after I press enter. Just have a dual-core on this computer, but was planning on setting up my quad-core, too... might get lucky and get a block.
Actually if blocks are on target it will take 2 days to mature
How many XPM will there be?
~50.000 mined already ATM.
Not that i know of but rewards drops as diff increases to keep it level
Hmmm this is the first I've heard of this coin and now I am intrigued...
So this is entirely CPU based mining?
So this is entirely CPU based mining?
Yep for now. All built in wallet solo mining. All pool and miner software will need to be rewritten for it.
Interesting... my mining rig CPUs aren't doing anything right now anyways, so I guess I will get this set up soon.
I'd advise doing it fast to get what you can. The difficulty is on a constant uptrend so far. Setup is very easy too just download the wallet and enter setgenerate true (core amount) in the console and you're off to the races
How many XPM will there be?
~50.000 mined already ATM.
How many XPM will there be?
~50.000 mined already ATM.
How long until Blocks mature?
3000 something blocks, so about 3 days
How many XPM will there be?
I want to buy your PrimeCoin you mined
Out of interest, why?
How long until Blocks mature?
Hmmm this is the first I've heard of this coin and now I am intrigued...
So this is entirely CPU based mining?
So this is entirely CPU based mining?
Yep for now. All built in wallet solo mining. All pool and miner software will need to be rewritten for it.
Interesting... my mining rig CPUs aren't doing anything right now anyways, so I guess I will get this set up soon.
Seems there is a ton of luck involved. Either there are close to 1000 people mining this already or somebody has some serious power pointed at it. Blocks are exceeding target time
I have 120.42 xpm, still immature.
Hard to mine so i'm selling at : 100 xpm = 1BTC
Hard to mine so i'm selling at : 100 xpm = 1BTC
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