[XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency - page 181.

cloudstrife07

newbie

Activity: 41

Merit: 0

Quote from: captainfuture on July 08, 2013, 04:20:22 AM

how can i see that?

u mean the orphans? type listtransactions at your console.

Quote from: Mrko on July 08, 2013, 04:30:20 AM

Is there anything known about the difficulty? When does it retarget and what the designed time per block?

if I'm not mistaken, it's the same as PPC; difficulty is continuously adjusted.

MaGNeT

legendary

Activity: 1526

Merit: 1002

Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na

Awful release of what could have been a nice coin.

- lack of nodes in OP
- lack of info in OP (diff change, blocks/hour, blockreward, etc)
- lack of mining-info in OP

Yeah, I know, we can figure it out... But not everyone is an experienced miner or wants to read a whole topic...

Why spend so much time on creating a new coin and blow it on the release?

simondlr

sr. member

Activity: 424

Merit: 250

Anyone compiled an OS X version yet (or got it running on OS X)?

Mrko

newbie

Activity: 20

Merit: 0

Is there anything known about the difficulty? When does it retarget and what the designed time per block?

captainfuture

sr. member

Activity: 294

Merit: 250

how can i see that?

h2odysee

full member

Activity: 238

Merit: 119

Quote from: drawingthesun on July 08, 2013, 04:11:58 AM

How hard would it be to make a pool for this?

It wouldn't be any harder than any other coin. The RPC interface is the same. I assume the reason pools don't exist yet is because it takes so long for mined coins to mature.

cloudstrife07

newbie

Activity: 41

Merit: 0

Sad. I found 14 blocks, but 6 were orphans. Sad

drawingthesun

legendary

Activity: 1176

Merit: 1015

How hard would it be to make a pool for this? I understand it would be mostly custom code because the proof of work can't be split the same way.

And can anyone think of a way to get a GPU to do this work?

Luckybit

hero member

Activity: 714

Merit: 510

Btw is anyone is concerned about people using virtual machine instances. The easiest way SunnyKing could disable that possibility would be to exploit what virtual CPU's cannot do. They cannot create truly random numbers and cannot do entropy or encryption very well because of this. Maybe coins can use the Trusted Platform Module/Trusted Computing?

Quote from: drawingthesun on July 08, 2013, 04:01:38 AM

If a block takes over 2000 blocks to mature, does that mean no one can send a transaction yet because no possible block is mature enough?

That is to keep people from dumping the coins. Effectively it's impossible to pump and dump XPM. I hope other coins do similar.

All it would take to make any coin pump and dump proof is to randomize the time people receive their rewards. If everyone gets their rewards at the same time everyone dumps at once. So by making it where anyone can receive the reward at any random time makes this less likely. That is just my speculation for why it could be done but SunnyKing has to go into a bit more detail because this coin is a bit esoteric rather than exoteric.

drawingthesun

legendary

Activity: 1176

Merit: 1015

If a block takes over 2000 blocks to mature, does that mean no one can send a transaction yet because no possible block is mature enough?

Luckybit

hero member

Activity: 714

Merit: 510

Quote from: TheMightyX on July 08, 2013, 03:30:36 AM

If http://www2.crypto-expert.com/primecoin/ is to be trusted, a little while ago there were 44 connections mining and 20500 XPM already released.
If most of us are getting 1 or 2 rewards at 20XPM per reward... we can estimate we have mined 2640 XPM (estimate based on 3 rewards per connection).

so... Where did all the other rewards go? Pre-Mining by the creator(s)?

24207.8

Track this number and determine the hourly/daily inflation rate.

If the average person on this thread gets 20/40 XPM a day then we could estimate a total amount of coins that could exist after 24 hours of mining.

24207.8 coins would be impossible if only the known people who posted in this thread are mining. They would have to be insta-mining with cloud instances, Amazon E2, etc. I highly doubt SunnyKing would pre-mine but if 24,207 is correct then it's possible that at least 1000 people received 24 coins making the number very possible over 24 hours.

It would mean around 1000 coins are generated per hour. This fits with the block size. But I don't know, let's give it a few days.

TheSpiral

full member

Activity: 322

Merit: 113

Sinbad Mixer: Mix Your BTC Quickly

Quote from: TheMightyX on July 08, 2013, 03:30:36 AM

If http://www2.crypto-expert.com/primecoin/ is to be trusted, a little while ago there were 44 connections mining and 20500 XPM already released.
If most of us are getting 1 or 2 rewards at 20XPM per reward... we can estimate we have mined 2640 XPM (estimate based on 3 rewards per connection).

so... Where did all the other rewards go? Pre-Mining by the creator(s)?

People just started mining and people had mined and stopped before. It's a bit silly to estimate, honestly. I doubt Sunny King would premine and not disclose.

TheMightyX

sr. member

Activity: 350

Merit: 250

Vires in Numeris

If http://www2.crypto-expert.com/primecoin/ is to be trusted, a little while ago there were 44 connections mining and 20500 XPM already released.
If most of us are getting 1 or 2 rewards at 20XPM per reward... we can estimate we have mined 2640 XPM (estimate based on 3 rewards per connection).

so... Where did all the other rewards go? Pre-Mining by the creator(s)?

mhps

hero member

Activity: 516

Merit: 500

CAT.EX Exchange

Found one in 6hours with a Xeon E5620 2.4G using 3-4 core ( 10-60 pps)
and one in 9hours with an i7 L620 2.0G laptop using 2-3 core ( 5-30 pps)

So how do I check which primes I have found? And can I name them? Cheesy

dcl595

sr. member

Activity: 381

Merit: 250

Found 3 blocks, between 6 - 35 pps using - core 2 duo 2.13ghz

paulthetafy

hero member

Activity: 820

Merit: 1000

Can someone help with Linux instructions? I have it built fine, but when I run primecoind it's complaining about needing to set the RPC password. Howeer I have already created the necessary primecoin.conf in /home/myuser/.primecoin

any ideas?

captainfuture

sr. member

Activity: 294

Merit: 250

found 6 blocks since starting.

mining with semprons. i think that is ok.

drummerjdb666

full member

Activity: 244

Merit: 101

still only two block .. got two though

My primespersec is inconsistent as well.. I mean mining always is isn't it.. pretty sure that steady number you always see in any miner is only the average kh/s my I7 here is between 100-275 the highest ive seen at this point

Mrko

newbie

Activity: 20

Merit: 0

Found one block during the night. Why is primespersec this inconsistent?

"blocks" : 1083,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"primespersec" : 40,
"pooledtx" : 0,
"testnet" : false
}

Frogcoin

member

Activity: 79

Merit: 10

Finally found a block, even though my primespersec is hopping between 3 and 84!

Topic: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency - page 181. (Read 688812 times)