[XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency - page 97.

shinkicker

full member

Activity: 140

Merit: 100

Quote from: coinsplz777 on July 14, 2013, 05:33:48 PM

$400 for 9000 XPM , thats like 5cts x XPM, I dont think miners will get rid of the coin for much less than $0.10 Huh

Its speculative though, he has not done this around a factor of what this weeks prices are. He would be considering what the eventual price might be much further down the road.

matt4054

legendary

Activity: 1946

Merit: 1035

Quote from: coinsplz777 on July 14, 2013, 05:33:48 PM

$400 for 9000 XPM , thats like 5cts x XPM, I dont think miners will get rid of the coin for much less than $0.10 Huh

Yes, it will adjust, market at work already Wink

coinsplz777

jr. member

Activity: 58

Merit: 10

$400 for 9000 XPM , thats like 5cts x XPM, I dont think miners will get rid of the coin for much less than $0.10 Huh

altsay

sr. member

Activity: 359

Merit: 250

Quote from: Aggrophobia on July 14, 2013, 03:13:10 PM

so im out the rest is yours Wink

Congrats. I'm out as well with a loss instead. It doesnt worth as the prices go lower and lower.

matt4054

legendary

Activity: 1946

Merit: 1035

Quote from: FuzzyBear on July 14, 2013, 04:51:05 PM

Yup when a 108 page thread becomes far to hard to keep up with is nice to go to the forum where the original Dev SunnyKing posts regularly about his coins and the development, ...

ASICMINER is 510 pages and counting, and no dedicated forum AFAIK Cheesy

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: FuzzyBear on July 14, 2013, 04:51:05 PM

Quote from: Sentinelrv on July 14, 2013, 04:09:28 PM

I'm not sure if anybody has mentioned it in this thread yet, but we now have PrimecoinTalk.org in case anyone wants to make the jump over. This website is dedicated to both of Sunny's coins XPM and PPC. Besides this thread, Sunny King also regularly posts over there and has voiced his support in favor of people making the jump...

Quote from: llama on July 12, 2010, 09:56:11 AM

Nice! Yes I would love to see more xpm supporters hang out here.

So please join us in developing Primecoin and making it a successful coin...

Join PrimecoinTalk.org Now!

Yup when a 108 page thread becomes far to hard to keep up with is nice to go to the forum where the original Dev SunnyKing posts regularly about his coins and the development, you are all welcome to join PrimecoinTalk.org Also home of PeercoinTalk.org

FuzzyBear

You really think that won't clutter up too eventually? It's harder to track 2 forums but this definently helps.
It would have been better if XPM had it's own standalone forum.

FuzzyBear

legendary

Activity: 1420

Merit: 1010

Quote from: Sentinelrv on July 14, 2013, 04:09:28 PM

I'm not sure if anybody has mentioned it in this thread yet, but we now have PrimecoinTalk.org in case anyone wants to make the jump over. This website is dedicated to both of Sunny's coins XPM and PPC. Besides this thread, Sunny King also regularly posts over there and has voiced his support in favor of people making the jump...

Quote from: llama on July 12, 2010, 09:56:11 AM

Nice! Yes I would love to see more xpm supporters hang out here.

So please join us in developing Primecoin and making it a successful coin...

Join PrimecoinTalk.org Now!

Yup when a 108 page thread becomes far to hard to keep up with is nice to go to the forum where the original Dev SunnyKing posts regularly about his coins and the development, you are all welcome to join PrimecoinTalk.org Also home of PeercoinTalk.org

FuzzyBear

matt4054

legendary

Activity: 1946

Merit: 1035

Quote from: Aggrophobia on July 14, 2013, 04:17:51 PM

you'll laugh i have good relationships to the GIMPS-Community Wink

proven 100 LL-candidates last year that they were not prime and factored >20k candidates ^^

2-3 years ago I proved more than 200 non-primes over a couple of months and CPUs Wink

All that for free and paying the juice lol

Also SETI@home back in the days, and Folding@home on my PS3...

Aggrophobia

legendary

Activity: 1106

Merit: 1001

you'll laugh i have good relationships to the GIMPS-Community Wink

proven 100 LL-candidates last year that they were not prime and factored >20k candidates ^^

matt4054

legendary

Activity: 1946

Merit: 1035

Quote from: Aggrophobia on July 14, 2013, 03:52:15 PM

i'm still mining on my home servers, but nevertheless it was funny to write scripts to automate the privatekey transfers etc.
i know there are few people mining with 100-600 instances, but that was right above my budget i want to invest

or can invest

Well, enjoy your BTC now.

And get ready for the next shot: MersenneCoin Grin

Edit: GIMPS sponsors could fill buy orders in the order book, LOL. Sunnyking, interested?

Sentinelrv

sr. member

Activity: 650

Merit: 318

I'm not sure if anybody has mentioned it in this thread yet, but we now have PrimecoinTalk.org in case anyone wants to make the jump over. This website is dedicated to both of Sunny's coins XPM and PPC. Besides this thread, Sunny King also regularly posts over there and has voiced his support in favor of people making the jump...

Quote from: llama on July 12, 2010, 09:56:11 AM

Nice! Yes I would love to see more xpm supporters hang out here.

So please join us in developing Primecoin and making it a successful coin...

Join PrimecoinTalk.org Now!

8bitPunk

member

Activity: 70

Merit: 10

With difficulty at 8.66 we are seeing the block spacing increase to ~9 seconds... It's likely we will see block spacing >10 seconds soon as 'Aggro' and others unwind some VPS hosting instances...

Aggrophobia

legendary

Activity: 1106

Merit: 1001

i'm still mining on my home servers, but nevertheless it was funny to write scripts to automate the privatekey transfers etc.
i know there are few people mining with 100-600 instances, but that was right above my budget i want to invest

or can invest

vinne81

full member

Activity: 182

Merit: 100

Quote from: matt4054 on July 14, 2013, 03:48:41 PM

The high profit is very short term, a couple of days max, maybe hours. I wouldn't spend hours setting up a cloud CPU farm for just 1-2 BTC max. before the coin is oversold. But again, some may see it worth spending hours, depends on what you care for

Some of these guys made more like 50 BTC, going on that image that was posted here. The golden times are over atm, but still, it was worth it at that time Grin

matt4054

legendary

Activity: 1946

Merit: 1035

The high profit is very short term, a couple of days max, maybe hours. I wouldn't spend hours setting up a cloud CPU farm for just 1-2 BTC max. before the coin is oversold. But again, some may see it worth spending hours, depends on what you care for

eule

hero member

Activity: 756

Merit: 501

Quote from: vinne81 on July 14, 2013, 03:45:06 PM

I can't believe people are still buying at 0.0025 when you see this thread. But again, congratz for the people still using cloud power to get blocks...

IMO generation cost doesn't equal realistic price (you have to calculate in manpower and ofcourse demand). Also generation cost is rising quickly.

vinne81

full member

Activity: 182

Merit: 100

Quote from: LazyOtto on July 14, 2013, 03:41:22 PM

Quote from: eule on July 14, 2013, 03:37:45 PM

414$ made him 600 blocks, at least 9000 XPM. That's mining costs of 0.046$ or ~0.0005BTC per XPM. Guess it's safe to assume this as the lowest price possible for now.
Ofcourse only a small minority are able to do such a mining operation, just throwing this out, looking for your thoughts.

"Ofcourse only a small minority are able to do such a mining operation"

Uh, no. Anyone who chooses, anyone who thinks of it in time, could / can do this.

"~0.0005BTC per XPM"

Thank you for this calculation. This is the true price floor for the last few day's worth of mining.

Now, who has stated they will buy all that's available at 0.003 or less?

I can't believe people are still buying at 0.0025 when you see this thread. But again, congratz for the people still using cloud power to get blocks...

Wonder why these buyers at exchanges don't just mine themselves for 1/5th of the price.

eule

hero member

Activity: 756

Merit: 501

By small minority i meant tech-savvy people. Most people in the digitalocean thread would have given up frustrated without it i guess. Grin

But i guess it's good, or an even smaller number of people would hold an even bigger lot of XPM.

n4ru

sr. member

Activity: 350

Merit: 250

Quote from: eule on July 14, 2013, 03:37:45 PM

Ofcourse only a small minority are able to do such a mining operation, just throwing this out, looking for your thoughts.

lolwut? Everyone can do it, and everyone IS doing it.

LazyOtto

sr. member

Activity: 476

Merit: 250

Quote from: eule on July 14, 2013, 03:37:45 PM

414$ made him 600 blocks, at least 9000 XPM. That's mining costs of 0.046$ or ~0.0005BTC per XPM. Guess it's safe to assume this as the lowest price possible for now.
Ofcourse only a small minority are able to do such a mining operation, just throwing this out, looking for your thoughts.

"Ofcourse only a small minority are able to do such a mining operation"

Uh, no. Anyone who chooses, anyone who thinks of it in time, could / can do this.

"~0.0005BTC per XPM"

Thank you for this calculation. This is the true price floor for the last few day's worth of mining.

Now, who has stated they will buy all that's available at 0.003 or less?

Topic: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency - page 97. (Read 688824 times)