Solar power is worthwhile, it pays for itself in a decade or less. Mining probably should end up very similar I would expect, so that mining using solar power could help you pay off your solar gear faster or help you eke out a longer useful life from your mining gear.
But i guess others would say heck with wasting your solar power on out of date mining gear, if the mining gear wouldn't pay for itself without the low power price your solar gives you then you should upgrade it so you aren't wasting your solar power on inefficient mining gear?
Since people do bother installing solar despite it taking years to pay for itself, oughtn't it make sense that people will similarly install mining gear even if mining gear will take years to pay for itself?
So maybe if you are running into power costing too much, you could consider throwing up some windmills and/or solar panels or something instead of more mining rigs?
-MarkM-
actually dust to dust I'm not sure if current gen solar does pay for itself, you have to take into account the energy used to fabricate the solar system, and dispose of it at the end of lifecylce....and that is large...also degradation of system for power capture (solar cells only work 50% after 7 years or so) not saying tech can't improve...but you always have to do a dust to dust analysis on a system
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What if same rpcuser and rpcpassword are set for each machine? Does the network see it as a one big instance?
No, RPC is only between you and the daemon, never public. thanks is there any reason and image would not work??? as an istance...eg ir runs but never finds a block?
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for some reason ec2 images while the will run, and look right, do not seem to find blocks, so you have to do ever instance from scratch....
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15
a2 ec 8s? also does any one know how to auto primecoin --deamon if it fall s over???
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200k pps / 1 Block every 10 minutes
is this on one machine?
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im doing about 75,000 pps and getting zip there must be some serious has getiing in on this thing
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XPM MINERS STOP SELLING YOUR COINS FOR CHEAP!
I know people want to see a profit now and get some BTC but that is such a short-term view. If they hold now the price will rocket. This is a surprisingly fresh coin with a new PoW and is making a lot of public noise. For those reasons it should be worth a lot more than it is now.
I for one sold a few coins early to cover some costs but right now I'm buying up anything under 0.003. Anyone stupid enough to sell to me for under that, I'm a happy to take them from you. In a few months time XPM will be at least 10 times that.
You wanna tell me I'm supposed to pay 1 BTC for like 200 XPM? 1 BTC which takes shitload of time or resources to be made for 200 XPM which many miners made on their laptops in few hours or eventualy day or two? You are expecting to make as much money as Satoshi and Bitcoin early adopters made but all you have there are coins made with system that is basically 99% Bitcoin. It calculates some prime shit or whatever, wooo The Golden Age has come (not really)! That investors with lot of money are not stupid can be seen on both exchanges, just look at the total bid volume and prices. You might be thinking it is some evil plot to make XPM worthless, but the fact is they are almost worthless already. If Primecoin will ever produce something of a value is yet to be seen so "In a few months time XPM will be at least 10 times that" is pure speculation, no different than speculations with any other cryptocoin or something else. Too bad retards here and elsewhere never realise their stories are so old and boring. Are you aware that even though SunnyKing is experienced programmer there can be a nasty bug somewhere that might null all coins or something? at this point people are going to mine to the point of zero profit and stop. OR at least sell until they have covered their costs
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where/how do you delete the block chain from, i think I am on a fork? I am running ubuntu Try a rm -r ~/.primecoin/blocks rm -r ~/.primecoin/chainstate
You have to stop primecoind first because there should be a lock otherwise. thanks will do
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where/how do you delete the block chain from, i think I am on a fork? I am running ubuntu
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which folder are the blocks in, blocks, database, chainstate? where??? i am on ubuntu what exactly do I delete
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ok 50k pps
and i get orphans....
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URGENT!!!!!
Has anyone else just seen a 25% drop in PPS? I'm getting this on every single machine/VPS I have running. Happened in the last 30 mins. Perhaps due to the >8.0 diff increase?
yes I have just seen exactly this
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ok negative on the new mikaelh2 build it's generating a large # of orphans
The orphan rate on the network is expected to stay relatively high for the next couple of days, while difficulty plays catchup to the growth of mining power on the network.
This phenomenon is a one-off occurrence, could last another week. It likely would not happen again in the future.
His "large # of orphans" probably comes from a wrong chain... how do you get back no the right chain???
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Some questions... [1] do you have to mine off different rpc names for each computer? [2] when you mine a block does it make a newly generated address or assign the coins to an address in the key pool? [3] also why does a gui, fugu, login to one ec2 ok, but another with an idential key pair it fails [4] what is the command line to copy files from a unbuntu server (ssh login on osx terminal) bact to my home computer [5] can you ftp into you ec2 linux? thanks in advance
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502896 already that many coins....!
999/dif^2
is going to run out of coins soon
Note that in Primecoin difficulty increases exponentially. If a difficulty of 8 is, say, 30 times the difficulty of 7, then a difficulty of 9 is 30 times the difficulty of 8. To get to a block reward of 10 we would need a difficulty of 10, which is hundreds of times the difficulty we have today. To get to 5 we would need a difficulty of 14, which would mean we were generating primes worthy of the current record books about every minute. If we got to a difficulty of 17--the longest known Cunningham chain right now--we would still have about 3.5 XPM per block. Rewards are certainly going down, but decreases in miners' profits will come more from increasing difficulty than from decreasing reward. yes I see the chance of finding becuase hash up.... now hat if a lot of power is suddenly withdrawn can this difficulty readjust? or are we stuck at that prime length dif
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The fact that diff 30 is orders and orders of magnitude more difficult than diff 8
what is the diff = function ( ?)
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if block reward = XPM / BLOCK = ans was 999/dif^2 what is going to sustain mining?
= dif 30 = 1 XPM/5s
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502896 already that many coins....!
999/dif^2
is going to run out of coins soon
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I am having a bit of a hard time finding this out but how many XPM block and what is the supply rate =F(Hash)
also notice 3 exchanges carry XPM already!!!
quite an achievement
it will probably be on BTC-e next
ans was 999/dif^2
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why oh why apt-get update sudo apt-get install libdb5.3++-dev -y Reading package lists... Done Building dependency tree Reading state information... Done E: Unable to locate package libdb5.3++-dev E: Couldn't find any package by regex 'libdb5.3++-dev' ??
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