The ignore feature is nice - I just wish it also worked when people quote users you've ignored. I keep thinking there are worthwhile posts only to come across this crap.
If someone quotes him too much just ignore them too.  This thread shouldn't get cluttered with such nonsense. |
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Please don't feed the troll. Just ignore him.
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But everybody wants to talk about AM's return on investment...and maybe its not that high. But you will make your money back you just wont get rich. But then again if it was that easy to get rich, AM would just build the machines and keep them lol.
If the ROI is too high, then AM is charging too little. So many people (not saying you are one of them) don't seem to realize AM is a for-profit business, not a charity. |
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Here's a newbie question. On the new chains/day estimate, is a chain something that solves a block? So a chains/day of .5 means, on average, you'll find a block every 2 days? (Knowing it's just an estimate and under development, etc etc.)
I just wasn't positive chain = new block solved.
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You know by calling everyone a noob you're just reflecting what you feel on the inside right?
Please just ignore him. Already done. |
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You build once and clone 499 times. Pretty simple actually.
Then you put a script on each server that makes it mine automatically.
I didn't get the 35K right away, I just took some of the money I was making while mining. I starting mining with 500 Amazon EC2 instances when diff was about 8, and then took the winnings to double down on dedicated servers with opteron processors (that perform about 20x better).
So Amazon practically financed my server farm.
I use EC2 for my TRC pool, and other Amazon goodies like SQS/SMS etc. Wish I'd known about Primecoin a bit sooner. I tried running some CC2 instances last night mining primecoin (about 8500 pps each) but even with 20 going, only found one block in a couple hours. Don't think I can break even with that, even with the spot price so low. I'd need a couple blocks per hour. Still, Amazon is pretty amazing and I did finally learn about the @reboot date trick with crontab to make rolling out the auto-starting servers easier. Edit: And actually, after this experiment, I rolled out some virtual Windows Server 2012 machines to run the ypool miner (about 20 val/h using latest client they provide) but that's way below break even, sadly. |
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What's the default keypool size? Is a key only "used up" when a block is found?
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When mining on multiple machines you can just use the same wallet on each of them can't you? I assume in that case, any block found would show as a deposit to the wallet on all of the machines at the same time.
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Is Primecoin pretty much cpu limited, or does memory speed play a big role as well?
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I was running -42, upgraded to -44, did a -rescan. Now I got a bunch of coins that are unconfirmed and probably never will be  -rescan and -reindex don't do the same things BTW. -reindex makes sure your blocks are valid and in the case of -44, will make sure you are on the right chain. -rescan just makes sure your wallet isn't missing any transactions from your downloaded chain (good or bad). Do the -reindex once please if you never have. |
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Not completely right. 51% attacks are possible of course, but main issue leading to this fork was an exploit in the difficulty adjustment code which has been fixed. No matter how much hash power you throw at the forked chain, it'll never become the main chain because the new version of the wallet will not accept it. -42 somehow ended up off from -44 which was unfortunate. |
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i started mining on your pool and my hashing power is 14000mhash what settings do i put after the command line?
and does it affect how many coins i earn?
The only settings that effect how much you earn would depend on things like overclocking your GPU and/or memory. It'd depend on which miner you user and if you are using an ATi or NVidia card. There are threads specific to the miners and probably various threads and a wiki on tweaking specific video cards. That'd help you get the maximum coins on any pool you mine with, not just mine. If you don't want to over clock, then there's no specific options to worry about I think. You just need to connect and mine and that's all. |
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Hey flound, TRC profitability on site says 0.2605 but it's really about 13. Past 50+ blocks have been at profitable difficulties. Not sure what's up with that.
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The only plus side is he seems to be only burst mining and not outright destroying the network like he had been.
Also remember before 175K the difficulty could be forced down to 5k using the exploit. That's why the swing up so high happened, tons of blocks mined at an artificially low difficulty. Sure he can mine in the valleys, anyone can. And a 51% attack is possible by anyone with enough power. But so far the difficulty has been behaving very well. |
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Latest peak was only 22287 and next dip appears less shallow than prior one. Things are about as stable difficulty-wise as they are going to get I imagine, until a large amount of hash power pours in to rock the boat.
It'd be nice to get total network hash power up higher. At these difficulties mining is more profitable than BTC. (22287 is about 140% of BTC profit.) To match BTC I imagine avg difficulty needs to be somewhere in the 30Ks. More hash power means less profit, but also more stability.
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I wonder if the giant TRC sell order at .0016 is the attacker's coins.
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If you aren't comfortable with the live figures, maybe leave them blank and only show the 7 day average?
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Recent difficulty graph:  |
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Given TRC's wild difficulty swings, some time agao I implemented a moving average for the difficulty calc so it shows a difference difficulty than the snapshot you see at other sites. I think this is a bit more accurate because while mining the difficulty keeps swinging.
Open to discussion, but unless TRC has stopped those swings, a snapshot will continue to be a bit inaccurate.
TRC will always tend to move around since difficulty is based on an exponential moving average and it adjusts on every block. Wouldn't your average profitability over the last 7 days capture the "averaged" version of the profitability and so you could report the live "at the moment" profitability with live difficulty figure? If people want an idea of the long-term profit in spite of the swings, they have the 7-day figure for that. (Is the 7-day profitability % based on actual difficulties or your averaged values?) |
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CoinChoose has right block # but showing wrong difficulty, so the profit % is off. Dustcoin has correct block # and difficulty, showing TRC around 245% a few minutes ago.
We should start attracting back more miners I'd think with difficulty floating between this level and ~90% of BTC at prior peak.
Wish CoinChoose had correct difficulty on their site though.
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