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I think the 3 blocks in a few hours has been luck for me, i had 3 blocks total in the first day and nothing until today, probably attributable to luck. Running an i7-860, some randome older i5, four Phenoms, and an AMD A8 on a laptop (just to watch it burn a hole in the desk >:3 ).
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gnight man ... now running the new update ... I'll post tomorrow if I see better results in general, but my low power may have large variance.
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has anyone done a compare between Mikaelh and Sunny's source code? That may give you the best hints as to whether it's good or not. I may be kicking myself if it's too good to be true, but I've already gotten what i had in 4 days in the past hour. Though that may just be odd luck since I've only had 6 blocks, and 3 on his client.
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LaudaM ... I backed up all my wallets etc first, just to be safe, but it's doing what it should thus far. I used the windows binary x86 ... I'll be on this thread instantly if anything goes awry.
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So he checked the code in and released this an hour ago, and its show you mined that coin yesterday..how is that possible? um ... its definitely 7/13/2013 at 7:29pm EST right now ... that shot is half an hour ago.
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Can you compare the number of blocks found with your code versus sunny's code on the test net per some time interval? As sunny has said multiple times, the pps rate is not an effective measure of block finding increase.
I believe that has to do with the fact that the PPS varies widely ... this is a dramatic increase on each cpu, i think when PPS is "generally high" or "generally low" is what sunny meant.
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Wow, on a crappy A8-3520M i started up for kicks, I'm getting about 3000PPS.
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is the expansion of collective knowledge enough?
No. Any number of examples can be given where "expansion of collective knowledge" is a useless endeavor of no arguable benefit to either the individual nor mankind as a whole. Please play again. I.e., narrow the scope of your statement sufficiently and I might even agree with you. Finding sufficiently large prime cunningham chains can be directly used in security to make effectively impossible to brute force encryption happen, until someone figures out a way to find prime factors of gargantuan numbers easily, finding larger primes means the ability to make more secure and robust encryption under the current popular encryption schema.
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Where did all the blocks go ? Seems like difficulty went up. I have 20 servers, they had near block per hour, and last several hours nothing+1 this is quite concerning. I have > 100k pps running and not a single block in the last 2 hours just doesn't seem right With BitCoin, you would have had an assured remainder of 2048 blocks to benefit from the 'arms race' of quickly pumping up compute power above what the average miner could supply. This seems to be working well as a demonstration of the value of a continuously adjustable difficulty. Difficulty hasnt changed much I think. It was 7.988 just now, and 7.978 just over 12 hours ago. 1 block is now being mined every few seconds. It was 7.96 26 hours ago according to my console ... it hasn't taken that much of a jump ... 7.96 to 8 on a log scale is still only about 5-10% 15% increase. Edit: forgot base was around 30, math corrected.
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That's very disconcerting ... though in the past four days of mining I haven't seen any primecoin between 5 cpus, when it seems some people have gotten as much as 100 on individual units. I hope nothing broke.
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ASIC's will be $300.00? I thought they were thousands... AsimMiner USB miners are down to what? 1BTC or so? That's plenty under $300 ... Jalapenos are also $274, and about the only thing shipping en masse atm. EDIT: I may be redefining "en masse" here, but these two are the only things shipping more than a few atm that I know of. >_>
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In my opinion most upstart coins will be obsolete in a few years ... SHA256 for ASICS doesn't equal longevity. Bitcoin already exists, so unless you are bringing something revolutionary to the table, it will be hard to see a lot of potential in it. LiteCoin will probably keep its spot in second because it is the first/most used scrypt implementation. Merge-coins may survive a while because they are mergeable [is that a word?], but they often don't have much value, and aren't traded for anything but bitcoins, adding little to nothing to the value of just mining bitcoin.
Most altcoins are miner driven coins, and scrypt mining is often more profitable than BTC mining, so I think that a coin is often most profitable in scrypt. Otherwise they aren't very popular at all.
EDIT: Profitability is most important to most miners, and longevity has little or nothing to do with what they care about. It doesn't matter to most miners if TRC or PPC or LTC or DGC goes bust in a year, they are profitable this second, so miners jump to the most profitable one.
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To me merged mining is a huge winner but if this can be switched to a SHA256 coin next year in the event people change their minds then I'd be ok with scrypt.
I see your point with merged-mining - but I am wondering, are you starting an altcoin?
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Can somebody tell me if a hard fork is easy to Implement say next year if people all of sudden wanna switch to SHA256? Hypothetically speaking - would this be hard to do with a scrypt coin? TIA.
That's a HUGE security issue to take on after a coin starts out ... the basis of the entire blockstack can't be suddenly changed to a new protocol like that ... old transactions will no longer be verifiable, etc. I'd say it's next to impossible to do.
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Scrypt is better for emerging coins, definitely, because SHA256 is now in the realm of ASICS. Getting a new coin going you'll want upstart miners, which probably are more likely GPU miners than the people that load off they're cash on ASICs. Though, I think new altcoins in general will have a hard time getting out of the gate.
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DigitalCoin for 100 second confirmed transactions, and tendency towards speed in general, and it's sudden doubling in power today alone ... volatile, yet on the upswing.
LiteCoin, because it has a proven reputation and high volume.
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I'll check in the morning to see if my shares are right on blocks 3896 and 3897 and 3898. But this had me laughing Edit: Seems all my shares are going to the new block as they update, hope that doesn't break the payout on that block, or will it just credit the missed shares to the new block but give missed payout from the old blocks? Also: I wishes this, I usually run 900MH total:
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