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Topic: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency - page 42. (Read 688812 times)

hero member
Activity: 546
Merit: 500
Part of the reason is mcxFEE on mcxNOW. As the market price of 'FEE shares rises people are selling XPM like mad to get in before it bursts. I believe eventually it will stabilize and the market will return to slightly higher XPM exchange rates (but we're never going back to >0.005, I suspect).
full member
Activity: 182
Merit: 100
Why do you think Primecoin slumped down so deep this morning? Shocked  Shocked
 I was buying last week when it dropped below 0.25 becuase I thought it was funnny cheap but when I looked at the price this morning I was shocked. It slumped down without any correlation to bitcoin or XPM mining difficulty (or am I wrong?). How deep it could decline further??

There's not a single reason why it would stay this high. A month from now we will be at 0.0002 or something, mark my words
member
Activity: 83
Merit: 10
Why do you think Primecoin slumped down so deep this morning? Shocked  Shocked
 I was buying last week when it dropped below 0.25 becuase I thought it was funnny cheap but when I looked at the price this morning I was shocked. It slumped down without any correlation to bitcoin or XPM mining difficulty (or am I wrong?). How deep it could decline further??
hero member
Activity: 546
Merit: 500
Is there a public display of the total Primecoin Network "Hashrate"?
Maybe this is the closest you're gonna get right now:
http://muuttuja.org/primecoin-dev/charts/

There is no simple convertion between diff and hash rate estimate like there is for SHA-256 or scrypt.

It might be possible to estimate (with a significant % error) an 'equivalent-FLOPS' but keep in mind that mikaelh has mentioned that prime mining is mostly integer maths operations not floating point ops. So I think such a metric would be pretty useless. I don't know enough about those metrics to say if there is even a good way of measuring and comparing integer operations.

A better idea might be to select a CPU that you have, consider its chainsperday value, convert to an estimate of the real probability of finding a block assuming zero variance at a given decimal difficulty value eg. 9.86:

0.8 * (1 - 0.86)

 and then work backwards to figure out how many of those CPUs in total the network is equivalent to.
hero member
Activity: 546
Merit: 500
When you guys talk about your i7's, keep in mind that the product range is huge and wildly varies in performance. Might be best to give the model and frequency.

For example the Intel Core i7 610 @ 2.53GHz is about 20% as fast as a Intel Core i7-4770K @ 3.50GHz and about 1/7th as fast as a Intel Core i7-4930K @ 3.40GHz.


sr. member
Activity: 363
Merit: 250
Is there a public display of the total Primecoin Network "Hashrate"?
Maybe this is the closest you're gonna get right now:
http://muuttuja.org/primecoin-dev/charts/
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Is there a public display of the total Primecoin Network "Hashrate"?

full member
Activity: 172
Merit: 100
With my i7 running only 5 hours per day on average.  I got 3(Three) blocks this month(so far) and 2(Two) last.
So yes about right.  

EDIT: 4(Four) this month.

End of the day, it's luck more then anything else, I mean I got 2 block's within 10 minutes of each other, this month!!!!  Never happen again to me!
sr. member
Activity: 406
Merit: 250
I started mining with my rack server and I found 1 block on the second day.
full member
Activity: 162
Merit: 100
I have an i7 running and it's only found 2 blocks so far this month.
Sounds about the same as mine.
full member
Activity: 364
Merit: 100
I have an i7 running and it's only found 2 blocks so far this month.
hero member
Activity: 546
Merit: 500
You'll have to tell us your electricity rate, my crystal ball is broken.

Heh, yah. And those aren't cheap to fix.
Just about .10 / kwh - usd

In my opinion, XPM is only worth doing anymore if you've already got a computer sitting there on but not fully utilized.

GPU miners, so probably meets that definition.

I am roughly at break-even against electricity with my older Core 2 Duo and equivalent Xeon CPU's. However I pay 3x more for electricity than you. So you are off to a good start. If you have newer CPUs like i5 / i7 or any Xeon from the last 3-4 years or AMD equivalents then you should be well past break-even.
legendary
Activity: 1064
Merit: 1000
I have started testing the new server environment.

As a result the test Primecoin Explorer(and eventually the release explorer)

Has moved to its permanent address:


xpm.cryptocoinexplorer.com

or

www.xpm.cryptocoinexplorer.com
full member
Activity: 141
Merit: 100
You'll have to tell us your electricity rate, my crystal ball is broken.

Heh, yah. And those aren't cheap to fix.
Just about .10 / kwh - usd

In my opinion, XPM is only worth doing anymore if you've already got a computer sitting there on but not fully utilized.

GPU miners, so probably meets that definition.
full member
Activity: 364
Merit: 100
In my opinion, XPM is only worth doing anymore if you've already got a computer sitting there on but not fully utilized.
hero member
Activity: 546
Merit: 500
Anyone know offhand, if XPM is worth mining on say, 5 celeron G530s (~900 PPS each?) at the current price, taking into account electricity? Or perhaps there is a calculator for this?

You'll have to tell us your electricity rate, my crystal ball is broken.
full member
Activity: 141
Merit: 100
Quote
Solo or pool?

Either- I suppose the big difference there would be variance.
hero member
Activity: 560
Merit: 500
Anyone know offhand, if XPM is worth mining on say, 5 celeron G530s (~900 PPS each?) at the current price, taking into account electricity? Or perhaps there is a calculator for this?
Solo or pool?
full member
Activity: 141
Merit: 100
Anyone know offhand, if XPM is worth mining on say, 5 celeron G530s (~900 PPS each?) at the current price, taking into account electricity? Or perhaps there is a calculator for this?
hero member
Activity: 516
Merit: 500
CAT.EX Exchange
There is a new XPM pool beeeeer.org announced at http://www.ppcointalk.org/index.php?topic=485.0

Fancy web interface  Wink
Like my luck lately with primecoin, I couldn't connect to the site.  Sigh.....

The site is sometimes down. It's up now.
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