Author

Topic: [XPM] [ANN] Primecoin High Performance | HP14 released! - page 119. (Read 397700 times)

member
Activity: 182
Merit: 10
Everybody already figured that out.

I haven't! Why didn't you tell me, you dirty bastards  Roll Eyes , I had to figure it out myself.

So there is pretty much zero incentive to hold long term? It's just like every other ALT after LTC? Tank fest?

No, we just to have to hit new equilibrium somewhere at the midpoint, more people are going to rent AWS resources at US$4.5 * 24 * 30 = US$3240 a month, and it will get few times more difficult to hit a block. Price will probably stabilize around 0.001 XPM/BTC. Since I don't have that kind of money, I'll stick to my 1500 pps and cross my fingers.

Edit:
If there is rich investor around here, I'll be happy to set things up for him and share a profit  Wink

Why are people missing the obvious strategy. We should have sold (if you didn't already) at 0.01-0.007 and held until it bottomed out, buy back and watch it rise when scarcity becomes more prevalent. Everyone should have at least dumped initially and then bought back at a lesser price.
legendary
Activity: 1988
Merit: 1077
Honey badger just does not care
Everybody already figured that out.

I haven't! Why didn't you tell me, you dirty bastards  Roll Eyes , I had to figure it out myself.

So there is pretty much zero incentive to hold long term? It's just like every other ALT after LTC? Tank fest?

No, we just to have to hit new equilibrium somewhere at the midpoint, more people are going to rent AWS resources at US$4.5 * 24 * 30 = US$3240 a month, and it will get few times more difficult to hit a block. Price will probably stabilize around 0.001 XPM/BTC. Since I don't have that kind of money, I'll stick to my 1500 pps and cross my fingers.

Edit:
If there is rich investor around here, I'll be happy to set things up for him and share a profit  Wink
newbie
Activity: 19
Merit: 0
I'm only running about 5K pps total split between 3 local machines and since about 8 hours ago when I installed the HP2 clients, I've already mined 28.98 XPM. Could be worse, because it's been 4 days of non-stop mining with the original client since I received anything.
member
Activity: 182
Merit: 10
Everybody already figured that out.

I haven't! Why didn't you tell me, you dirty bastards  Roll Eyes , I had to figure it out myself.

So there is pretty much zero incentive to hold long term? It's just like every other ALT after LTC? Tank fest?
legendary
Activity: 1988
Merit: 1077
Honey badger just does not care
15

Are you using a service provider such Amazon? If yes, how much does it cost you to run that per hour?

4.5$ per hour

You inspired me to calculate a bit: If you get block at 10 mins average, block is 14.74 XPM now, you get 14.74 * 6 = 88.44 XPM/hour. if you pay 4.5$/hour it means you get 19.65 XPM for 1 US$!!! Wow! No wonder XPM exchange rate is 0.003 for BTC, you are getting 0.05896 BTC/US$, or 16.96US$ for 1BTC through XPM mining!!! Sadly but true, value of XPM should be more than 5x less, to be precise if BTC value is $95.40 now on MtGox, value of XPM should be 0.00053333 BTC. Shocking. Running to sell my poor XPM before people figure this out.
this is all based on "If you get block at 10 mins average," which i find very hard to belive

Guy has 200.000 pps, it's not hard to belive he is getting block in 10 mins average, I got two blocks today with my miserable 1500 pps.
hero member
Activity: 602
Merit: 500
15

Are you using a service provider such Amazon? If yes, how much does it cost you to run that per hour?

4.5$ per hour

You inspired me to calculate a bit: If you get block at 10 mins average, block is 14.74 XPM now, you get 14.74 * 6 = 88.44 XPM/hour. if you pay 4.5$/hour it means you get 19.65 XPM for 1 US$!!! Wow! No wonder XPM exchange rate is 0.003 for BTC, you are getting 0.05896 BTC/US$, or 16.96US$ for 1BTC through XPM mining!!! Sadly but true, value of XPM should be more than 5x less, to be precise if BTC value is $95.40 now on MtGox, value of XPM should be 0.00053333 BTC. Shocking. Running to sell my poor XPM before people figure this out.
wow aren't you a smart one.

He just want cheap coins Smiley
sr. member
Activity: 363
Merit: 250
I might be missing a dependency. I'll take a look. I'm also using the following for CLFAGS:
CFLAGS = -mmacosx-version-min=10.7 -O3 -mfpmath=sse -march=native -mx32
Edit: it just occurred to me that the mx32 might be the issue. I will try with just native and o3 later.

Just tried compiling it with those exact flags:
Code:
CFLAGS = -mmacosx-version-min=10.7 -O3 -mfpmath=sse -march=native -mx32

And it worked fine. Only bug i have noticed so far is that it crashes when you do: primecoind stop
But that is a pretty minor problem.

-Crendore
sr. member
Activity: 252
Merit: 250
15

Are you using a service provider such Amazon? If yes, how much does it cost you to run that per hour?

4.5$ per hour

You inspired me to calculate a bit: If you get block at 10 mins average, block is 14.74 XPM now, you get 14.74 * 6 = 88.44 XPM/hour. if you pay 4.5$/hour it means you get 19.65 XPM for 1 US$!!! Wow! No wonder XPM exchange rate is 0.003 for BTC, you are getting 0.05896 BTC/US$, or 16.96US$ for 1BTC through XPM mining!!! Sadly but true, value of XPM should be more than 5x less, to be precise if BTC value is $95.40 now on MtGox, value of XPM should be 0.00053333 BTC. Shocking. Running to sell my poor XPM before people figure this out.
this is all based on "If you get block at 10 mins average," which i find very hard to belive
legendary
Activity: 1988
Merit: 1077
Honey badger just does not care
Everybody already figured that out.

I haven't! Why didn't you tell me, you dirty bastards  Roll Eyes , I had to figure it out myself.
sr. member
Activity: 350
Merit: 250
15

Are you using a service provider such Amazon? If yes, how much does it cost you to run that per hour?

4.5$ per hour

You inspired me to calculate a bit: If you get block at 10 mins average, block is 14.74 XPM now, you get 14.74 * 6 = 88.44 XPM/hour. if you pay 4.5$/hour it means you get 19.65 XPM for 1 US$!!! Wow! No wonder XPM exchange rate is 0.003 for BTC, you are getting 0.05896 BTC/US$, or 16.96US$ for 1BTC through XPM mining!!! Sadly but true, value of XPM should be more than 5x less, to be precise if BTC value is $95.40 now on MtGox, value of XPM should be 0.00053333 BTC. Shocking. Running to sell my poor XPM before people figure this out.
wow aren't you a smart one.
full member
Activity: 182
Merit: 100
Everybody already figured that out.
legendary
Activity: 1988
Merit: 1077
Honey badger just does not care
15

Are you using a service provider such Amazon? If yes, how much does it cost you to run that per hour?

4.5$ per hour

You inspired me to calculate a bit: If you get block at 10 mins average, block is 14.74 XPM now, you get 14.74 * 6 = 88.44 XPM/hour. if you pay 4.5$/hour it means you get 19.65 XPM for 1 US$!!! Wow! No wonder XPM exchange rate is 0.003 for BTC, you are getting 0.05896 BTC/US$, or 16.96US$ for 1BTC through XPM mining!!! Sadly but true, value of XPM should be more than 5x less, to be precise if BTC value is $95.40 now on MtGox, value of XPM should be 0.00053333 BTC. Shocking. Running to sell my poor XPM before people figure this out.
sr. member
Activity: 791
Merit: 273
This is personal
How do you compile for 64bit
in ubunutu
sr. member
Activity: 246
Merit: 250
My spoon is too big!
A lot of pages have shown up in this thread since I went to sleep last night. Any updates on an osx build? I couldn't get it to compile with the makefile.

You want headless or with QT? i built the official source tree with the QT GUI for OSX.
http://waspdigital.com/AltCoinQt-OSX/Primecoin-Qt-v0.1.1.dmg

I'll try building this one right now, just headless first, maybe with QT later.

EDIT:  Just build headless of this version in OSX with no compile errors at all. You are probably missing some dependancies. What is the error you get?

I don't remember the error. I'm about to run out to lunch now but I will try again when I return.

When you said "official source tree" for the QT GUI for osx, do you mean hp2 or Sunny's official (I'm assuming the latter).

I might be missing a dependency. I'll take a look. I'm also using the following for CLFAGS:
CFLAGS = -mmacosx-version-min=10.7 -O3 -mfpmath=sse -march=native -mx32

Edit: it just occurred to me that the mx32 might be the issue. I will try with just native and o3 later.
sr. member
Activity: 363
Merit: 250
Hey guys, I'm a linux newbie, I tried to compile this and got this error:

[...]


...just to make sure it is not because of the missing compiler...
Code:
apt-get install gcc g++

With that installed I get this error 1


You really should follow the guild to compiling bitcoin from source for linux, it applies to all these clones.  At this point you are missing Boost.

Seriously, read this guide: https://github.com/bitcoin/bitcoin/blob/master/doc/build-unix.md

It is really short, i'm not all like RTFM but it has the steps you need and keep getting stuck on.
sr. member
Activity: 287
Merit: 250
Would this miner be compatible with a getwork scheme?
member
Activity: 112
Merit: 10
Independent Analyst
Hey guys, I'm a linux newbie, I tried to compile this and got this error:

[...]


...just to make sure it is not because of the missing compiler...
Code:
apt-get install gcc g++

With that installed I get this error 1
sr. member
Activity: 363
Merit: 250
A lot of pages have shown up in this thread since I went to sleep last night. Any updates on an osx build? I couldn't get it to compile with the makefile.

You want headless or with QT? i built the official source tree with the QT GUI for OSX.
http://waspdigital.com/AltCoinQt-OSX/Primecoin-Qt-v0.1.1.dmg

I'll try building this one right now, just headless first, maybe with QT later.

EDIT:  Just build headless of this version in OSX with no compile errors at all. You are probably missing some dependancies. What is the error you get?
legendary
Activity: 2660
Merit: 1023
Solar power is worthwhile, it pays for itself in a decade or less. Mining probably should end up very similar I would expect, so that mining using solar power could help you pay off your solar gear faster or help you eke out a longer useful life from your mining gear.

But i guess others would say heck with wasting your solar power on out of date mining gear, if the mining gear wouldn't pay for itself without the low power price your solar gives you then you should upgrade it so you aren't wasting your solar power on inefficient mining gear?

Since people do bother installing solar despite it taking years to pay for itself, oughtn't it make sense that people will similarly install mining gear even if mining gear will take years to pay for itself?

So maybe if you are running into power costing too much, you could consider throwing up some windmills and/or solar panels or something instead of more mining rigs?

-MarkM-


actually dust to dust I'm not sure if current gen solar does pay for itself, you have to take into account the energy used to fabricate the solar system, and dispose of it at the end of lifecylce....and that is large...also degradation of system for power capture (solar cells only work 50% after 7 years or so) not saying tech can't improve...but you always have to do a dust to dust analysis on a system
hero member
Activity: 874
Merit: 1000
for some reason ec2 images while the will run, and look right, do not seem to find blocks, so you have to do ever instance from scratch....

How identical are images? Is even the entropy pool imaged, for example, so that they all pick the exact same "random" nonce and sequence of transactions and coinbase contents, thus all orphan each other since they are all mining the exact same block in a race to see which of tem mines it first, the rest being orphaned?

-MarkM-


I haven't seen this.
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