That would explain the difficulty decreasing by .001 over the last 3 hours.

Now that CPU mining has hit it's limit, what will GPU mining bring?

Primecoin because it has the potential to be useful.

Block time seems to be roughly around or above 1 minute now.

Are all the botnets priming away? Or  is that why the block times are so normal?

EDIT: nvm seems it was only for a few blocks.

I tried taking the creation of a new block template outside of the loop, and it still seems to be affecting me.

Some weird stuff going on, weird block delays. What if we've hit the boundry between what the network can handle, and what the difficulty expects us to handle, and that's why we are flip flopping between mining and waiting.

So the transactions aren't being included into the block even though they are degrading the performance of the miners.

Okay seriously wtf, there are 12 tx in the 200kb block.

Why are people consolidating all their coinbases at the same time?

Miners pulled out?

We need GPU miners quickly don't we?

Why is the block 202kb?

Could you release the python script?

This could have been a good GPU resistant coin if the block interval was longer.

I am starting to think the only way to prune effectively is to create an archive node, and such a rule for lightnodes that they always keep a connection or route to an archive node.

Transactions' Inputs would only be pruned after the coinbase in their block was spendable, that would be the rule so that all lightnodes have the same pruned chain.

When a new node connected they would either find an archive node and start the whole process, or query lightnodes to determine a consensus of the legitimacy of a pruned block. Using the archival node would be preferred due to it being verifiable. To ensure archival nodes exist in sufficient quantities, perhaps there could be a system to buy access to them? Thus making them an avenue for profit.

Why would somebody spend the money to develop, then deploy the miners just to pull them offline? They'd make more money by continuing to mine...

Even if they were to just do this out of hatred, the network would adapt rather quickly.

ASICs ensure the survival of cryptocoins.

The amount of energy that goes into the network has to be minimized for it to be viable.

It's not even a month old. Give it time, people who see the value in it will create a market for it. Imagine people who will offer discounts for using Primecoin as payment?

Using GPU for primality testing is the logical first step.

GPU mining won't bring it above 20 me thinks. Still 2.5 reward per block.

I keep forgetting how rare altruistic ideals are.

If all you care about is profit, then yeah.



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