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2721  Alternate cryptocurrencies / Announcements (Altcoins) / Re: {ANN} Cloudcoin CDC Prerelease Announcement - POS/POW Scheme on: July 15, 2013, 07:39:34 PM
There is absolutely no need what so ever for another SCRYPT altcoin. I wish GPU miners would just fucking get over it and stop releasing crap just to make a buck. Are we past the magic 50 when it comes to pointless copy paste shitprojects yet?

Sometimes I wish that after the creation of the first ford car, no other car companies had developed. It would have been much better for everybody.

Would be less cars on the road.

Also future car companies are supposed to fix the flaws of the previous ones. I fail to see what niche your coin will fill or flaws it will fix.
2722  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 14, 2013, 02:57:45 PM
Does anyone know if there is a prime coin command to see just your immature balance or immature transactions?

./primecoin listtransactions
2723  Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] Primecoin Built-in Miner Sieve Performance Issue on: July 13, 2013, 05:57:15 AM
Now that's just naughty! Who's stealin 'dem blocks!  Shocked


I hope the block size becomes 0.000145 XPM by next week, so we've got a pre-manufactured scarcity on our hands just like BitBar--combine that with the new POF of this coin and resistance to GPU mining I think we've got a winner  Wink


Btw, how the F%^K do you mine 60K PPS? Server farm? I'm not even at 1K with 3 processors!

Stop whining about people so called 'stealing blocks'. They are not stolen, they are earned.

You can't really consider using amazon equipment for a lil cash, "earned".... like... AT ALL!   I wouldn't call it stealing either.. but it is an unfair advantage to the common folks with decent machines that want to mine for the greater good or to support a dev.. or to make some profit's.. but when it's a solo mine only coin.. that nobody can mine anymore.. because of a small group of people that found per hour access to cpu's.. sure great idea.. but so were asics..  look what that did to bitcoin... how many of you without asic's are mining for bitcoin?  none?

""""refrain from making more negative statement directed at victim here"""

Using EC2 to mine is expensive. Miners are taking onboard risk using the service, there is no guarantee of a return. The coins mined there are very much earned indeed.

because of a small group of people that found per hour access to cpu's

Small group of people? EC2 are publicly available to all, anyone can use the service. You just have to put your hand in your wallet and take a gamble. Some people cannot or will not do that.
2724  Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] Primecoin Built-in Miner Sieve Performance Issue on: July 13, 2013, 04:11:44 AM
Now that's just naughty! Who's stealin 'dem blocks!  Shocked


I hope the block size becomes 0.000145 XPM by next week, so we've got a pre-manufactured scarcity on our hands just like BitBar--combine that with the new POF of this coin and resistance to GPU mining I think we've got a winner  Wink


Btw, how the F%^K do you mine 60K PPS? Server farm? I'm not even at 1K with 3 processors!

Stop whining about people so called 'stealing blocks'. They are not stolen, they are earned.
2725  Bitcoin / Bitcoin Discussion / Re: How is someone with 10000 BTC on them living now? Quora Question on: July 11, 2013, 11:06:01 PM
Well someone with 10000 BTC is living the same as before they had the 10000 BTC. The coins are just sitting there doing nothing.

That person would need to liquidate all or part of them to change their lifestyle.

2726  Alternate cryptocurrencies / Altcoin Discussion / Re: What's best - SHA256 or Scrypt? on: July 11, 2013, 08:02:06 PM
Bearing in mind I'm stuck with CPU mining. Bitcoins are impossible, Litecoins are impossible, Primecoins too difficult along with a variety of others that I've tried that weren't obviously pump and dumps. Unless I start up my own fork of Bitcoin/Litecoin (of which my programming skills are lacking), there seems to apparently be no way for someone to just hook up and mine for a bit, perhaps get maybe one or two coins and then disappear for a day or two, come back... and so on. Effectively if you don't have a decent i7 processor or running two or three really high high GPU's... there's no way for you to even think about getting involved.

...fairbrix? O.o (It would help if these were actually listed in places where people go looking for cryptocurrencies). I'll take a look through the list and see which ones I can actually get fired up. Links?

I'm not purposely excluding myself (I don't make it easy apparently by a) running linux b) having a rather old computer) but with everyone jumping on GPU's it does leave mining to only those who have lots of money to spend...apparently.

I'd like to actually mine rather than collecting handouts if I can help it.

Hey, nothing wrong with using Linux. Compiling coins is easier.
2727  Alternate cryptocurrencies / Altcoin Discussion / Re: What's best - SHA256 or Scrypt? on: July 11, 2013, 07:55:56 PM
ADHD....Attention Deficit Hyperactivity Disorder is the one you're looking for.

...looks like I'm just going to be excluded from the game after all. Oh well.  

Excluded how?

Fire up p2pool, bitcoind and geistgeldd, merged mine geistgeld alongside bitcoin. Even with a GPU, the bitcoins will subsidise your electricity, and because geistgeld is incredibly low difficulty, you will rake in geistgeld.

Or do i0coin, or coiledcoin, or groupcoin, heck do them all if you have the RAM to run them all. I0Coin and GeistGeld use the most RAM so if you don't have tons of RAM just do bitcoin, coiledcoin and groupcoin.

(For the high difficulty ones like namecoin and ixcoin its roulette, if you actually want some of those you might as well use mmpool at bitparking).

Only you are excluding yourself. Heck you can CPU mine fairbrix and/or tenebrix, are you even doing that? Seems like you are determined to exclude yourself, unwilling even to pick up these virtual-freebies laying there for the taking...

Remember its all limited pies though, if six billion people all divvy up one pie it does nto matter whether they divvy it up with ASIC or FPGA or GPU or CPU, they'll still only get the same fraction of the pie...

-MarkM-


Can PPCoin be merge mined with Bitcoin? I was of the understanding because of the POS it cannot.
2728  Alternate cryptocurrencies / Altcoin Discussion / Re: What's best - SHA256 or Scrypt? on: July 11, 2013, 07:42:32 PM
New kid on the block. You should add PRIME to your poll.
2729  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 11, 2013, 02:48:07 PM
Just a reminder, DigitalOcean 16-core instances get around 2500-2600 primes per sec, and cost $0.72 per hour.
Try 32-core EC2 instance  Wink

Yes, about 4500 pps and it's cheaper.

The one that runs $0.58/hour?

Sorry I meant the cc2.8xlarge, 8 core hyperthreaded rig. $0.48 spot price.
2730  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 11, 2013, 02:36:52 PM
Just a reminder, DigitalOcean 16-core instances get around 2500-2600 primes per sec, and cost $0.72 per hour.
Try 32-core EC2 instance  Wink

Yes, about 4500 pps and it's cheaper.
2731  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 11, 2013, 10:39:38 AM
If I find this confusing, how do I make the original wallet to forget the moved block (but not all the blocks) ? I looked it up but didn't find answer. Thanks.
You can manually edit the wallet to remove the key, but I don't recommend it.

Just ignore it.
2732  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 11, 2013, 10:20:38 AM
I also run my primecoin daemons with the datadir in ram memory to reduce orphans. Every millisecond counts to get a solved block out to the network, don't want any messing about with slow hard drives.
I'm getting a lot of orphans (~1 per hour) so I've been comparing debug.log with blockchain records based on UTC time... In most cases I'm ~1 second late so peer lag is to blame. But a few cases have been within the second, so you're absolutely right that efficiency getting solved blocks out is key.
When running p2pool it is recommended that you don't have too many bitcoind connections.

Quote
There's a compromise here: the more connections, the faster your node will be notified of new blocks and avoid wasting work, the faster it can include transactions with fees in the coinbase and the faster it will propagate a P2Pool block minimizing chances it would become orphan.  Orphans will quickly rise if you have very few connections (they are the means to be notified of other shares after all).
But the less connections, the less bandwidth used and the lower the latency.

I know we aren't using p2pool but maybe this applies here as well. Too many connections increases chances of your found block getting propagated, but also increases latency. So you need to find a balance.

I've reduced my primecoind connections to 15 with maxconnections=15 command in primecoin.conf.

By the way, I have no proof this works or not. I've got no orphans though.
2733  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 11, 2013, 09:36:06 AM
There is no real hashrate, because the proof-of-work is not based on hashes. The best equivalent is the "primespersec" line. ~200 seems to be a level for a desktop processor.

I'm pushing out 5500 pps, but no block for 2 hours now.


With the block spacing ~12-15 seconds and the default gensieveroundlimitms set to 1 second, each miner has very little time to find a chain. Consider that: some time can be lost due to peer lag in being notified of a new block; a small amount of time is lost validating the pseudoprimality of the previous block; then the remaining time is usually lost cycling through thousands of unsuccessful sieves.

All the miners have the equal disadvantage, so this is irreverent, unless someone is using a private optimized version not released.

I also run my primecoin daemons with the datadir in ram memory to reduce orphans. Every millisecond counts to get a solved block out to the network, don't want any messing about with slow hard drives.
2734  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 11, 2013, 09:34:20 AM
There is no real hashrate, because the proof-of-work is not based on hashes. The best equivalent is the "primespersec" line. ~200 seems to be a level for a desktop processor.

I'm pushing out 5500 pps, but no block for 2 hours now.

Is this on a single PC?

No.
2735  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 11, 2013, 09:28:10 AM
Another thing, how to restart the daemon?

Code:
./primecoind stop

then

Code:
./primecoind

to start again.
2736  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 11, 2013, 09:16:19 AM
There is no real hashrate, because the proof-of-work is not based on hashes. The best equivalent is the "primespersec" line. ~200 seems to be a level for a desktop processor.

I'm pushing out 5500 pps, but no block for 2 hours now.
2737  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 11, 2013, 09:05:14 AM
Here's my "primecoind getinfo" output:

Quote
{
    "version" : "v0.1.0xpm-2-geda38d6-beta",
    "protocolversion" : 70001,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 12148,
    "moneysupply" : 221938.96000000,
    "timeoffset" : -2,
    "connections" : 8,
    "proxy" : "",
    "testnet" : false,
    "keypoololdest" : 1373532481,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "errors" : ""
}


Am i doing ok?


What do you mean when you say 'doing ok'?

If your referring to setting up the daemon, then yes your doing fine.
If your referring to mining lots of coins, then no.
2738  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 11, 2013, 07:37:28 AM
Anyone know the Primecoin prefix so we can use vanitygen? I don't know where to look for it in the source.

23

Thanks. Could you tell me where to find it in the source?

Code:
PUBKEY_ADDRESS = 23,  // primecoin: pubkey address starts with 'A'
SCRIPT_ADDRESS = 83,  // primecoin: script address starts with 'a'

Lines 275,276 in src/base58.h
2739  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 11, 2013, 07:13:35 AM
Anyone know the Primecoin prefix so we can use vanitygen? I don't know where to look for it in the source.

23
2740  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 10, 2013, 08:58:04 PM
I just had a transaction confirmed in under a minute.

The effective mining rate of the network is waaaaay faster than it should be.

The per-block difficulty adjustment seems to lag behind.
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