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Topic: PPcoin: Are there many people mining for PPC? (Read 12980 times)

legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
October 26, 2012, 11:17:17 AM
#29
i recently switched 2 cards to ppc, but quited coz a lot of my reward is still unconfirmed and its been days now, mined on coinotron btw..

so much about that
legendary
Activity: 1792
Merit: 1008
/dev/null
CLC: auxpow.cpp:127: fatal error: opening dependency file obj/nogui/auxpow.d: File not found
CLC source from: https://github.com/Tittiez/coiledcoin <-- any other source?
GRP: success -> 2 connections lol

another question, whats this: http://sourceforge.net/projects/galacticmilieu/files/RUCoin/

What's this to do with ppcoin? I see "coiledcoin"?
argl, again wrong thread -.-
sr. member
Activity: 448
Merit: 250
CLC: auxpow.cpp:127: fatal error: opening dependency file obj/nogui/auxpow.d: File not found
CLC source from: https://github.com/Tittiez/coiledcoin <-- any other source?
GRP: success -> 2 connections lol

another question, whats this: http://sourceforge.net/projects/galacticmilieu/files/RUCoin/

What's this to do with ppcoin? I see "coiledcoin"?
legendary
Activity: 1792
Merit: 1008
/dev/null
EDIT: wrong thread...
legendary
Activity: 1792
Merit: 1008
/dev/null
Yes, it is because they can be merged mined that I mine them. I wanted to see how many chains one could merged-mine at once. I wish there were more but most moved to Open Transactions because miners turned out to be insanely hostile to merged mining. GRouPcoin is the weather-vane they watch to see if maybe one can survive as a blockchain despite the irrational hostility, though so far it seems the way to do so is to remain obscure...

(Notice for example no-one is bothering to attack BBQcoin anymore either as they think they already killed it.)

-MarkM-

besides BBQCoin is a joke Wink gonna take a look at them later, ty
legendary
Activity: 2940
Merit: 1090
Yes, it is because they can be merged mined that I mine them. I wanted to see how many chains one could merged-mine at once. I wish there were more but most moved to Open Transactions because miners turned out to be insanely hostile to merged mining. GRouPcoin is the weather-vane they watch to see if maybe one can survive as a blockchain despite the irrational hostility, though so far it seems the way to do so is to remain obscure...

(Notice for example no-one is bothering to attack BBQcoin anymore either as they think they already killed it.)

-MarkM-
legendary
Activity: 1792
Merit: 1008
/dev/null
GRouPcoin definitely isn't, however I do not know of any exchanges supporting coiledcoin, I have not added it to my Open Transactions server yet for example. GRouPcoin though has always been around, it is what all the chains that moved away from chain format due to threats of attacks on their chains have been watching to help them figure out if/when moving back to being actual chains will be practical.

Bitcoin was "dead" too once upon a time. Have you no faith in the general concept or what?

Basically the way "early adopters" do so well i nthe long run is they do not give up on "experiments" that "popular wisdom" claims are doomed...

-MarkM-

i never heard about em so i checked threads and only old stuff came up, therefore i thougd it has been "forgotten". i didnt say they ARE dead Wink
btw, do they support MM?
legendary
Activity: 2940
Merit: 1090
GRouPcoin definitely isn't, however I do not know of any exchanges supporting coiledcoin, I have not added it to my Open Transactions server yet for example. GRouPcoin though has always been around, it is what all the chains that moved away from chain format due to threats of attacks on their chains have been watching to help them figure out if/when moving back to being actual chains will be practical.

Bitcoin was "dead" too once upon a time. Have you no faith in the general concept or what?

Basically the way "early adopters" do so well i nthe long run is they do not give up on "experiments" that "popular wisdom" claims are doomed...

-MarkM-
legendary
Activity: 1792
Merit: 1008
/dev/null
It does not support merged mining so to mine it would subtract from mining seven other chains.

But maybe when it is seven times as valuable than the average maybe it will start to look worthwhile to say "to hell with all the other chains such as bitcoins and namecoins and devcoins and so on, PPC is more profitable".

However there are many other chains waiting to see if merged mining is really practical so maybe instead of switching to PPC when it becomes "more profitable" adding more chains to the merged mining lineup might need to be considered too as maybe adding more of them (some look like they might even catch up with bitcoin in value) might be even more profitable...

-MarkM-
7 chains? Only 5: bitcoin, namecoin, devcoin, ixcoin, i0coin or did i miss one?

GRouPcoin and CoiLedCoin.

-MarkM-


arent they "dead"?
legendary
Activity: 2940
Merit: 1090
It does not support merged mining so to mine it would subtract from mining seven other chains.

But maybe when it is seven times as valuable than the average maybe it will start to look worthwhile to say "to hell with all the other chains such as bitcoins and namecoins and devcoins and so on, PPC is more profitable".

However there are many other chains waiting to see if merged mining is really practical so maybe instead of switching to PPC when it becomes "more profitable" adding more chains to the merged mining lineup might need to be considered too as maybe adding more of them (some look like they might even catch up with bitcoin in value) might be even more profitable...

-MarkM-
7 chains? Only 5: bitcoin, namecoin, devcoin, ixcoin, i0coin or did i miss one?

GRouPcoin and CoiLedCoin.

-MarkM-
legendary
Activity: 1792
Merit: 1008
/dev/null
It does not support merged mining so to mine it would subtract from mining seven other chains.

But maybe when it is seven times as valuable than the average maybe it will start to look worthwhile to say "to hell with all the other chains such as bitcoins and namecoins and devcoins and so on, PPC is more profitable".

However there are many other chains waiting to see if merged mining is really practical so maybe instead of switching to PPC when it becomes "more profitable" adding more chains to the merged mining lineup might need to be considered too as maybe adding more of them (some look like they might even catch up with bitcoin in value) might be even more profitable...

-MarkM-
7 chains? Only 5: bitcoin, namecoin, devcoin, ixcoin, i0coin or did i miss one?
legendary
Activity: 1441
Merit: 1000
Live and enjoy experiments
What happened on Aug 19? 2 million ppc mined in one day with no reason?

http://www.proofofstake.com/

OTOH on 9/14, with ~100 fold difficulty, only 51K mined.

 Huh

Aug 19 was the release date. Difficulty starts at 256 so lots of mining power joined to mine some blocks at low difficulty.

ppcoin's mint rate is determined by difficulty. So as difficulty rise mint rate is somewhat lowered.
I see.
I must be one of the unlucky ones, on the launch day, I turned on two ppc clients, mined for 2 hours, got a lot of "accepted" message Wink, apparently nowadays "accepted" doesn't mean lucky strike anymore.
legendary
Activity: 980
Merit: 1000
I don't mine full time but I have it set as my backup on 3 of my rigs so when I do mine I throw 2 GH/s at it.
legendary
Activity: 1205
Merit: 1010
What happened on Aug 19? 2 million ppc mined in one day with no reason?

http://www.proofofstake.com/

OTOH on 9/14, with ~100 fold difficulty, only 51K mined.

 Huh

Aug 19 was the release date. Difficulty starts at 256 so lots of mining power joined to mine some blocks at low difficulty.

ppcoin's mint rate is determined by difficulty. So as difficulty rise mint rate is somewhat lowered.
legendary
Activity: 1441
Merit: 1000
Live and enjoy experiments
What happened on Aug 19? 2 million ppc mined in one day with no reason?

http://www.proofofstake.com/

OTOH on 9/14, with ~100 fold difficulty, only 51K mined.

 Huh
newbie
Activity: 14
Merit: 0
WTG SRoulette! Smiley

Thank you for supporting PPC!

I really believe in this currency!


Cheers!
hero member
Activity: 826
Merit: 500
Crypto Somnium
Thank you SRoulette for helping PPC out

Lets keep PPC positive   Smiley
sr. member
Activity: 364
Merit: 252
We just reconfigured 1 of our miners for PPC adding 1 GH to the network, shortly after 1 of our slow to broadcast TX's finally came through.
We like to think we are doing our bit to help Wink
donator
Activity: 994
Merit: 1000
@Liquid00,
Looks good. Thanks!

And WTG for your hash rate Cheesy

What is the current acceptance for this currency?
Are there any stores accepting PPC?

Cheers!

In the long run PPcoin has to develop a competitive advantage over bitcoin. Otherwise it will not really grow in value with respect to bitcoin. Right now it's only good for hedging the network security model and the development team/community.
legendary
Activity: 1118
Merit: 1002
dont think so
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