[XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency - page 75.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: smoothie on July 18, 2013, 11:47:41 PM

Quote from: Gnaffel on July 18, 2013, 11:15:40 PM

Quote from: qiuness on July 18, 2013, 08:54:23 PM

QQ: is it worth mining with Amazon EC2? Anyone doing it?

Well someone (about 18,000 people signed up to perform Primecoin mining) couldn't resist to do it...

http://www.theregister.co.uk/2013/07/16/digitalocean_primecoin_cloud_problems/

wow just wow...

that gpu miner better start on the network soon ....lolz
Cheesy

Yeah this is an crazy amount of miners..
Just imagine the number when you add the others using Amazon EC2 and solo miners Shocked

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: Gnaffel on July 18, 2013, 11:15:40 PM

Quote from: qiuness on July 18, 2013, 08:54:23 PM

QQ: is it worth mining with Amazon EC2? Anyone doing it?

Well someone (about 18,000 people signed up to perform Primecoin mining) couldn't resist to do it...

http://www.theregister.co.uk/2013/07/16/digitalocean_primecoin_cloud_problems/

wow just wow...

that gpu miner better start on the network soon ....lolz
Cheesy

RustyShackleford1950

sr. member

Activity: 266

Merit: 251

Quote from: ReCat on July 18, 2013, 11:18:59 PM

Quote from: RustyShackleford1950 on July 18, 2013, 11:13:57 PM

Quote from: ReCat on July 18, 2013, 10:50:49 PM

Quote from: mustyoshi on July 18, 2013, 09:17:18 PM

Quote from: Vigil on July 18, 2013, 09:16:29 PM

Quote from: mustyoshi on July 18, 2013, 08:41:54 PM

Quote from: Vigil on July 18, 2013, 07:24:10 PM

I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.

If all you care about is profit, then yeah.

Well, that is why the vast majority of people are mining.

I keep forgetting how rare altruistic ideals are.

unprofitable things simply can not sustain themselves. its not about being a good person.

Except for everything that's free, non-profit organisations, charities, etc.

Non-profit organization is a legal term. it just means that the organization is not a business. but it still has to generate profit, as in, NET income, in order to sustain itself. Generally in the form of donations or sponsorships. Charities are the same.

This is a derailment, but what about volunteers?

ReCat

sr. member

Activity: 406

Merit: 250

Quote from: RustyShackleford1950 on July 18, 2013, 11:13:57 PM

Quote from: ReCat on July 18, 2013, 10:50:49 PM

Quote from: mustyoshi on July 18, 2013, 09:17:18 PM

Quote from: Vigil on July 18, 2013, 09:16:29 PM

Quote from: mustyoshi on July 18, 2013, 08:41:54 PM

Quote from: Vigil on July 18, 2013, 07:24:10 PM

I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.

If all you care about is profit, then yeah.

Well, that is why the vast majority of people are mining.

I keep forgetting how rare altruistic ideals are.

unprofitable things simply can not sustain themselves. its not about being a good person.

Except for everything that's free, non-profit organisations, charities, etc.

Non-profit organization is a legal term. it just means that the organization is not a business. but it still has to generate profit, as in, NET income, in order to sustain itself. Generally in the form of donations or sponsorships. Charities are the same.

Gnaffel

newbie

Activity: 53

Merit: 0

Quote from: qiuness on July 18, 2013, 08:54:23 PM

QQ: is it worth mining with Amazon EC2? Anyone doing it?

Well someone (about 18,000 people signed up to perform Primecoin mining) couldn't resist to do it...

http://www.theregister.co.uk/2013/07/16/digitalocean_primecoin_cloud_problems/

RustyShackleford1950

sr. member

Activity: 266

Merit: 251

Quote from: ReCat on July 18, 2013, 10:50:49 PM

Quote from: mustyoshi on July 18, 2013, 09:17:18 PM

Quote from: Vigil on July 18, 2013, 09:16:29 PM

Quote from: mustyoshi on July 18, 2013, 08:41:54 PM

Quote from: Vigil on July 18, 2013, 07:24:10 PM

I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.

If all you care about is profit, then yeah.

Well, that is why the vast majority of people are mining.

I keep forgetting how rare altruistic ideals are.

unprofitable things simply can not sustain themselves. its not about being a good person.

Except for everything that's free, non-profit organisations, charities, etc.

ReCat

sr. member

Activity: 406

Merit: 250

Quote from: mustyoshi on July 18, 2013, 09:17:18 PM

Quote from: Vigil on July 18, 2013, 09:16:29 PM

Quote from: mustyoshi on July 18, 2013, 08:41:54 PM

Quote from: Vigil on July 18, 2013, 07:24:10 PM

I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.

If all you care about is profit, then yeah.

Well, that is why the vast majority of people are mining.

I keep forgetting how rare altruistic ideals are.

unprofitable things simply can not sustain themselves. its not about being a good person.

Eli0t

sr. member

Activity: 252

Merit: 250

Quote from: refer_2_me on July 18, 2013, 04:10:30 PM

Quote from: cryptohunter on July 18, 2013, 04:07:55 PM

Quote from: xyzzy099 on July 18, 2013, 04:03:19 PM

Quote from: dillpicklechips on July 18, 2013, 04:01:14 PM

Does the difficulty scale in a linear way or is it hard to predict?

+1 difficulty == 30x harder to mine a block
+2 difficulty == 900x harder
etc.

hold on a min, so now it is 900x harder to mine blocks that at the start? well i think it was 7.6 when i started so no wonder the blocks have stopped for me. Wow, need a pool asap.

The genesis block was difficulty 6.0, block 2 was difficulty 7.0 and it ramped up incrementally from then on.

it actually dipped slightly below 7 by block 16 (i know cause i found it Wink

mustyoshi

sr. member

Activity: 287

Merit: 250

Quote from: Vigil on July 18, 2013, 09:16:29 PM

Quote from: mustyoshi on July 18, 2013, 08:41:54 PM

Quote from: Vigil on July 18, 2013, 07:24:10 PM

I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.

If all you care about is profit, then yeah.

Well, that is why the vast majority of people are mining.

I keep forgetting how rare altruistic ideals are.

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: mustyoshi on July 18, 2013, 08:41:54 PM

Quote from: Vigil on July 18, 2013, 07:24:10 PM

I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.

If all you care about is profit, then yeah.

Well, that is why the vast majority of people are mining.

qiuness

hero member

Activity: 714

Merit: 500

QQ: is it worth mining with Amazon EC2? Anyone doing it?

reb0rn21

legendary

Activity: 1901

Merit: 1024

happened again i see it by CPU usage drop from 100% to ~65%

RustyShackleford1950

sr. member

Activity: 266

Merit: 251

Quote from: hasle2 on July 18, 2013, 08:36:52 PM

Quote from: Plazma on July 18, 2013, 06:56:02 PM

Market cap rank 5 now. http://coinmarketcap.com/
also only coin in top 15 to show growth last 24h.

Anyone have any idea why every other coin in the top 10 tanked at the same time? People jumping into xpm or something else?

Most coins are tied to bitcoin, wherever bitcoin goes, the others follow

mustyoshi

sr. member

Activity: 287

Merit: 250

Quote from: Vigil on July 18, 2013, 07:24:10 PM

I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.

If all you care about is profit, then yeah.

Quote from: ReCat on July 18, 2013, 08:41:00 PM

Quote from: mustyoshi on July 18, 2013, 08:31:28 PM

Quote from: reb0rn21 on July 18, 2013, 08:22:05 PM

What happened?

{
"blocks" : 63415,
"currentblocksize" : 90506,
"currentblocktx" : 1,
"errors" : "",
"generate" : true,
"genproclimit" : 4,
"primespersec" : 957,
"pooledtx" : 1,
"testnet" : false
}

PPS dropped by 500% and blocksize went up from 1000 to 90506?

Spam transactions.

What are the consequences of this?

Blockchain bloat. I looked at the transactions and they are not even to the same address so idk what it's for.

ReCat

sr. member

Activity: 406

Merit: 250

Quote from: mustyoshi on July 18, 2013, 08:31:28 PM

Quote from: reb0rn21 on July 18, 2013, 08:22:05 PM

What happened?

{
"blocks" : 63415,
"currentblocksize" : 90506,
"currentblocktx" : 1,
"errors" : "",
"generate" : true,
"genproclimit" : 4,
"primespersec" : 957,
"pooledtx" : 1,
"testnet" : false
}

PPS dropped by 500% and blocksize went up from 1000 to 90506?

Spam transactions.

What are the consequences of this?

hasle2

full member

Activity: 122

Merit: 100

Quote from: Plazma on July 18, 2013, 06:56:02 PM

Market cap rank 5 now. http://coinmarketcap.com/
also only coin in top 15 to show growth last 24h.

Anyone have any idea why every other coin in the top 10 tanked at the same time? People jumping into xpm or something else?

mustyoshi

sr. member

Activity: 287

Merit: 250

Quote from: reb0rn21 on July 18, 2013, 08:22:05 PM

What happened?

{
"blocks" : 63415,
"currentblocksize" : 90506,
"currentblocktx" : 1,
"errors" : "",
"generate" : true,
"genproclimit" : 4,
"primespersec" : 957,
"pooledtx" : 1,
"testnet" : false
}

PPS dropped by 500% and blocksize went up from 1000 to 90506?

Spam transactions.

reb0rn21

legendary

Activity: 1901

Merit: 1024

What happened?

{
"blocks" : 63415,
"currentblocksize" : 90506,
"currentblocktx" : 1,
"errors" : "",
"generate" : true,
"genproclimit" : 4,
"primespersec" : 957,
"pooledtx" : 1,
"testnet" : false
}

PPS dropped by 500% and blocksize went up from 1000 to 90506?

Vigil

sr. member

Activity: 378

Merit: 250

I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.

Plazma

full member

Activity: 224

Merit: 100

Market cap rank 5 now. http://coinmarketcap.com/
also only coin in top 15 to show growth last 24h.

Topic: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency - page 75. (Read 688812 times)