Topic: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency - page 107. (Read 688994 times)

Price Equilibrium

Please punch holes in these thoughts.
I welcome amicable disagreement.

Seems to me there is a hard price ceiling on any CPU mined coin. That ceiling is bounded by the cost of procuring Virtual MIPS (virtual machines spun up on demand through Amazon or where ever). If the cost per transient mip procured is lower than the recovery cost on the generated by those purchased mips then there is an obvious incentive to just spin up sufficient VMs to harvest the delta percentage profit.

And, this is even more so in the case of any coin which has an open ended creation quantity. If the quantity which can be mined is finite then there is some incentive to over buy VM supplied mips in the speculation that the created with those mips might be worth more in the future than the current cost of production. If infinite are possible, just spin up the VMs whenever the sell price is higher than VM rental price required to generate one.

There are probably an infinite number of primes. Really, how scientifically useful is this endeavor?

sent. don't spend it all in one place!

Luck is the name of the game. A few hours after installing 1.1 on an older semperon dual core I hit a block while my i3 has been chugging away for days (total, not just since updating to 1.1) hasn't had a hit for a couple of days now (though I have 95 coin total from it so far).

Tip sent. You earned it!!

Tip for ivanlabrie sent to: AMmrtkcUhRzx8reDohEMJ3t8Dae142D4ys

Yeah, I finally broke my bad streak with 1 block (after 48+ hours) of not a single thing on a couple servers + PC.

Having a hard time finding blocks, if you feel so inclined tip me :p
AMmrtkcUhRzx8reDohEMJ3t8Dae142D4ys

Thanks. For future reference, in case someone runs into this.. The problem was solved here: https://bitcointalksearch.org/topic/m.2723456


Yes, It is now solved in that thread. Read Ivanlabrie's message. It works: https://bitcointalksearch.org/topic/m.2723456

Same error occurs if you have already imported key.

Unlock wallet before doing it, posted how in the other thread.

Anyone know how to fix this issue?

Improving PRIV Key from (immature block)

When I get the privkey info, I go to console on my PC Wallet, and query: importprivkey
and I get the following error.

12:11:32  Error adding key to wallet (code -4)

Another 24hour miner set on, hopefully this new release brings more luck 

oops, it's just a typo.. But anyone know whats worng and how to fix it?

Can a math whiz give us a formal estimation of the amount of pps required to reach each difficulty?

Wow. I must be really lucky.

Congratulations Primecoin Community!!

We just 'minted' a mark for the history of the Crypto-World ~~~~

we reached half million money supply now.

FTFY.

hard read, but agreed

Parse error

Try again, if you feel like being read, but this time with paragraphs, without calling us names, and without the hate. Thank you.

PPS has nothing to do with the fucking rate of paying primes you find, it has been said over and over again not to trust it or use it as a bench marking tool && pick a client stay with it and count how many paying primes you find in a week then dribble about client + HW = avg rate of paying primes - factored in variable loss otherwise don't even waste your energy trying && forget what you know about other coin algos and stop comparing it to others && stop setting rpcuser and passwords for a fucking built in miner client &&  use the fucking search feature for the forum before asking your lazy questions filling up a dev thread with junk so people that are busy have no way of surfing it all to get the valuable info && understand its pretty much a WIP, "research" is the quote && learn to build your own windows clients its interesting and would make a great thread && go and try to get the bfgminer going its much more productive then trying to figure out why you sometimes get paying primes and sometimes not after not even a week of a brand new unfinished coin && ITS NOT FUCKING HASHING!!! && stop worrying about fucking bonnets and gpu farms its pointless you just look like a misinformed tool not to mention un original, if the diff goes up and the paying primes are slow then the value should go up...if it dosn't then fuck off and find something else to do to make money....play kenny rogers the gambler and learn something && if your client is following the blockchain and it lines up with the fucking block explorer and you can see cpu action for the client then you're priming and you will eventually get a payout...