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1043
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Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM Mining] WARNING "http://www.primecoiner.com" scammers
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on: July 30, 2013, 10:26:14 PM
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If someone is selling a item to be used for a money making enterprise i.e. mining there is a understanding that is implied to the client that this service will make you money NOT COST you money your excuses are all bullshit.
No, your attitude it BS. What the first rule when it comes to 'money making'? If it looks too good to be true, it probably is. Don't know about you, but I didn't see any guarantee on the site that you'd make money, did you see one or did you just assume? This coin has been out for what, 3 weeks? Have you not read the threads where people with bot-nets are saying they are barely breaking even? Face it, you got greedy and didn't do your research well enough and you got burnt. When I saw the advertisment for those services, my first thought was "Why are you renting out your hardware? Won't you make more mining with it?" Then I sat down and thought about it. I pointed 1 computer with ~2k PPS at ypool and waited 24 hours. Hmm, my test showed I'd get less than I'd spend... pass. Grow up and accept the fact that you gambled and lost. YES, I said GAMBLED. There is no sure thing in coin mining, ask all the people waiting on BFL. Will they get what they paid for? Yes. Will they get rich? Nope. |
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1044
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Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] [CPU] J-coin pre announcement
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on: July 30, 2013, 10:07:18 PM
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How is anyone to trust your software without releasing the source code?
Have you something to hide?
I hear what your saying, but there is nothing malicious in the code. Kimoto didn't release the MEC sources, which is a smart move. prevents network from being vulnerable early on. if no one has the sources they can't alter the code and destroy it, and i like that.   |
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1045
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Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] [CPU] J-coin pre announcement
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on: July 30, 2013, 10:05:31 PM
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This is starting to suck really hard.
Two big errors.
1) Releasing binary only - Booo.... MAN we need to review the source!
2) No linux binary? - Booo.... If so, then that would essentially be a windows premine.
I hope you reconsider and do the right thing.
xibeijan is right ! if for some reason you dont want to release sources, at least build linux sources - i can help with that yes, i am looking for someone trustworthy to compile for linux. if no one is found, i want to wait a week before releasing the sources, or atleast long enough for the network to be secured. i'm really worried about the source falling into the wrong hands. it's ok if i have to delay the release a few days while you figure out how to compile it. you have a high activity count, but i can't base my trust of you solely on that. if you could perhaps get a mod or highly respected/trusted member to vouch for you, i would feel alot better about sending you the sources. also, while we are on the subject, could you possibly crosscompile for mac, and if not, is their anyone else here who can/would be willing? How is anyone to trust your software without releasing the source code? Have you something to hide? I hear what your saying, but there is nothing malicious in the code. Kimoto didn't release the MEC sources, which is a smart move. prevents network from being vulnerable early on. if no one has the sources they can't alter the code and destroy it, and i like that. This, unfortunately, is the world we live in. Trust vs people tweaking the code, sometimes maliciously. My suggestion: release a partial source, so people can see it's not malicious. Let the whiners whine and the bleaters bleat, if they refuse to trust you, then they can miss out when the coin launches. It's your launch, it's your right. Good luck! |
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1046
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Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] Primecoin Record Books
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on: July 30, 2013, 09:50:14 PM
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I have finally managed to update the record book properly with the help of new command listprimerecords. So check it out! v0.1.2 should be out soon so you can all check them yourself more easily. Jens has updated his world record list now Primecoin officially owns 3 world records 10-primes, 11-primes, 12-primes for simultaneous primes! Thanks Jens  I went through the ypool blocks and found a few usernames for your records: 2013-JUL-23 78915 123 hantheme 2013-JUL-23 79349 167 azpol 2013-JUL-26 84659 123 radiumstream 2013-JUL-28 86265 123 sapt1 cheers |
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1047
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Alternate cryptocurrencies / Altcoin Discussion / Re: Anti Premine People Are Stoopid
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on: July 30, 2013, 08:09:37 PM
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There's nothing about developing a new cryptocurrency that deserves a premine. If a developer is doing a good job, they will be able to get donations from the miners of their coins. A premine for payment is presumptuous and damaging to the currency. You can earn that money by working hard and being a solid developer. We also don't need premines for bounties. Look at IFC, all of the bounties there were provided by miners like me. It builds a community.
Any developer that thinks they deserve a premine for personal gain doesn't have the right outlook. This shouldn't be about maximizing profits. If you create good services and write good code, the miners and money will come.
How many coins had satoshi premined before he provided information to the public? Honest question, I don't know the answer. But I have to believe that it was a number that was somewhat higher than zero. Even if it wasn't, the low difficulty and low level of interest initially would have allowed him to mine quite a bit before miners came in and raised the stakes. Contrast that to today. A dev spends time and develops a coin with no premine. Releases it, mines the genesis block, and then BAM! everyone hops in, difficulty sky rockets and the dev is completely out gunned. So unless a developer also happens to have a professional mining operation, there's little incentive to do anything, unless they want to beg for scraps afterwards. I know some will think that's fine, they don't want to see any other coins but the one and only Bitcoin. I'm fine with the idea of a premine by a developer; however, I think it should be a sensible number. Not to name names, but Cloudcoin recently launched with a 100 million coin cap and a 1 million coin pre-mine. I don't know about any one else, but 1% of the total currency ever to be circulated seems, well out of hand. I don't know what the right number is, but that number seems far and away too higher. Note, that the dev is giving away some coins here and there to "foster adoption". Id think that adoption might have gone faster had the premine been a more sensible amount. But basically, I think an equilibrium should exist, where devs can premine their creation a little as their way of taking pay. That doesnt' mean go hog wild. And miners/early adopters should take a step back and breathe before crying foul. I saw some people getting ripped about someone elses 20 minute premine that resulted in a few ordinary sized blocks going to the dev. Obviously its an issue that isn't going away anytime soon. The answer to how much Satoshi pre-mined: http://cryptometer.org/bitcoin_90_day_charts.html50 BTC by day 5... looks like a massive premine lol |
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1048
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Economy / Scam Accusations / Scammer sending PMs
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on: July 30, 2013, 02:10:46 AM
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Got this as a PM to "undisclosed recipients". Bet it's a trojan. Btce-Bot is a top knotch trading platform that allows the user to trade 24/7 with auto trade option. The bot is simple to setup and is supported by btc-e API keys. I offer a trial version, and only ask if you make a profit please buy full version for .2 btc. Visit http://www.btc-ebot.us/ for trial, and to purchase. Thanks! |
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1049
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Economy / Scam Accusations / Re: [ANN] GAS Coin is dead and this is how r3wt scammed us and destroyed the coin
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on: July 30, 2013, 02:02:06 AM
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Isn't that very clear he didn't want any premine by anyone at all. If you ask him do he want premine, he replies no.. you go and premine yourself, then... Wtf?
It's not enough to be a scam really. But that was so stupid and childish thing to do, admit it.
P.S. did someone delete some posts?? =I nvm
Don't forget this comment r3wt made in the other post: I needed the money dude. hence why i snuck in the premine. i feared if i quoted you to high you'd look elsewhere. you could have offered to pay more, i suppose. i could have asked for more too. fuck it doesn't matter at this point, i already confessed to you in pm. decide what you wanna do and we'll go from there.
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1051
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Alternate cryptocurrencies / Mining (Altcoins) / Re: [XPM]unofficial jhPrimeminer thread
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on: July 30, 2013, 12:16:05 AM
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No, I'm running the hp8 on a very low end loaned virtual machine. 7e64d60c73d284a0d9095765e14a8b528f5866fc9ab6b05ba98964d9fd3f30eb 5c29b461e31980239373c3e27d0189ae032163e593d454a34fa5ad3e5ef2ea84 Those are the txid for the 2 blocks I mined last week. Just stating I feel much more confortable running source code I compiled myself and has proven quite efficient, given my cpu power, than running precomîled binaries working for a pool, with a x10 speed increase.  You can get the source code for the pool miner as well. |
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1058
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency
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on: July 29, 2013, 09:20:03 PM
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reborn, (young child  ) you might want to mine with ypool.com Yes, maybe... 1 XPM per month is more from 0 XPM per month... I'm running around 10k total PPS on 4 machines and am using ypool. Not sure how long they have been pointed at ypool, I'd had the clients solo mining but slowly switched them to the pool since my luck seems bad lately. I'm sitting at 3.97 XPM unconfirmed and 0 confirmed, which means none of my machines has been on it for more than 2.5 days. Since the download time on the new miner is 23 hours old, I'd have to say no more than a day. If you have 15% of what I do, then you'd be getting .6 per day minimum. Well, ~5 hours later and up to 4.87 XPM. Rough estimate = 4.3 XPM per day from 10k PPS Your numbers don't even begin to make sense for me. I'm mining with 9500 pps over five machines. I changed back to solo mining yesterday, but for the three days before that I was mining with ypool. My total income earned? 2.646379 xpm... 1) I have no reason to lie, I looked at ypool 5.5 hours ago and posted on here, I looked 30 min ago and posted on here. (current uncomfirmed XPM reads 4.92, Balance 0) 2) I am not using the ypool miner, I'm using the miner cabin made and posted about here: https://bitcointalk.org/index.php?topic=257623.403) Machines: i7-740, Core2Quad Q6600, i5 2400, i5 2500k 4) PPS: 1940/1809/3730/3960 = 11439 (ok, I ended up underestimating my PPS) |
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1059
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Alternate cryptocurrencies / Altcoin Discussion / Re: PrimeCoin... odds of finding a block on a solo miner... 19 days per CPU.
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on: July 29, 2013, 08:59:37 PM
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Yeah, I'm using HP8 right now. Over the last few days the rate seems to have dropped off as the difficulty was increasing, but the difficulty has been decreased a bit so I might get more blocks now. We might not have much luck though since there are some gpu miners in the works. Honestly I have been using settings lower than the max speeds that I have available over the last few days since with a sievesize of 100k I haven't managed to get any blocks - I only have gotten blocks with a 1m size so far. Once the gpu miner hits we will be getting that 19 days/block quote there though. The difficulty is probably going to explode...
Also I have noticed it's really random when you get blocks - I have one machine that's getting 1k pps and it managed to get a block and one that gets about 4k or 5k hasn't managed to get one yet.
It's probably just random, despite the faster machines SHOULD get more blocks mined. But the lottery is the lottery. I am using a sievesize of 100k too because I noticed it gives me a faster PPS rate. Is a lower sievesize actually worse, despite the higher PPS? I'm not a skilled enough mathmatician to explain this fully, but this should give you a rough idea in terms you can understand. Let's say you have 100,000 US coins of all denominations, and you are only looking for 1972 pennies. Now, think of the sieve as a massive coin sorter. You toss in this 100,000 coin bunch of pennies, nickels, dimes, quarters, half dollars, silver dollars, Susan B's, etc. You're only looking for pennies, so you 'sieve' this mass of coins down to pennies. These candidates (pennies) are then subjected to the Fermat test (date check) and you only pull out the 1972's. So, the smaller the sieve size, the faster you can go through it, but you'll find fewer total primes in the long run. |
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1060
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency
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on: July 29, 2013, 08:38:20 PM
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reborn, (young child ) you might want to mine with ypool.com Yes, maybe... 1 XPM per month is more from 0 XPM per month... I'm running around 10k total PPS on 4 machines and am using ypool. Not sure how long they have been pointed at ypool, I'd had the clients solo mining but slowly switched them to the pool since my luck seems bad lately. I'm sitting at 3.97 XPM unconfirmed and 0 confirmed, which means none of my machines has been on it for more than 2.5 days. Since the download time on the new miner is 23 hours old, I'd have to say no more than a day. If you have 15% of what I do, then you'd be getting .6 per day minimum. Well, ~5 hours later and up to 4.87 XPM. Rough estimate = 4.3 XPM per day from 10k PPS |
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