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I would've waited to buy in on a dip, or just bought 5 BTC now and waited a week or so to see what happens before buying the rest, but hey it's your money. As long as you plan on holding long-term I think you'll be good.
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That assumes everything is operated at 0.7J/W. It isn't there is a lot of less efficient gear out there. Long before you get to 200 PH/s for example every 55nm or higher chip will be operating with negative ROI. They will go idle. Plus when hashrate is already say 30 PH/s and even with NO difficulty increased the margin over electrical cost is next to nothing and the break even point stretched out into years into the future hardware sales are going to slow down. When you start subtracting inefficient hardware going offline well it isn't likely at all.
However you seem to have your mind made up so 200 PH/s +
Don't get me wrong - I somewhat believe 200 or 300 PH/s is science fiction, unless a very large percent of miners are not paying for electricity, which I doubt. But don't forget 2 very important factors: 1 - BTC price can skyrocket. $1000 BTC price changes the landscape dramatically: with 1USD per GH/s efficiency it equals 1388.88 PH/s network speed for electricity only break even.2 - People are greedy in nature and a lot of them will keep mining long after it is unprofitable, hoping for an increase in BTC price. Yeah. People that buy mining equipment that'll never ROI may continue to mine on the hope that BTC value will skyrocket. It may be worth the extra few hundred dollars of electricity a year for them. Big operations may shut down but I can see average joes continuing to mine, which would help decentralize hashing power anyway. |
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Grow up. As I remember in one of the earlier threads, there was already a lot of babbling about how much BTC he was making. Even if there wasn't any ill intent your post was pretty much adding fuel to the fire, so I can see why it got deleted. Just because he wants to keep his threads on-topic doesn't mean he is acting suspicious. That is the way I see things anyway, but thanks for the warning.
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I had to refresh a few times. It is showing up now. Scrolling down a bit the page seems to be served by CloudFlare... I guess they are using the free plan or something as I'm pretty sure the paid doesn't show ads when your site is down.
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Wow, it looks like they're whole website is down at this point:  Pro-tip: Don't fire your web designer while they're still running your server!At this point I feel kind of bad for you guys. I'm not seeing that page. It brings up a CloudFlare time out error, which could either be due to misconfigured DNS or DDOS attack on the origin server. |
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The pricing better be darned sweet or december won't be worth it.
Where'd they say December? Late 2013 could mean Oct - November. Although I'd agree, by December unless Bitcoin price rises substantially I think there will have to be a pricing shakeup in the ASIC market. |
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Rising difficulty hasn't cut into my block output so far. I found 2 blocks today on my dual E5-2620 setup.
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PPS went down big time with hp9, was getting 6000-7000 pps previously. This is on 2xE5-2620, so 12 cores total. -bash-4.1$ ./primecoind getmininginfo
{
"blocks" : 95960,
"chainspermin" : 13,
"chainsperday" : 1.35648856,
"currentblocksize" : 2197,
"currentblocktx" : 4,
"difficulty" : 9.24782068,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"roundsievepercentage" : 70,
"primespersec" : 2865,
"pooledtx" : 4,
"sievepercentage" : 10,
"sievesize" : 1000000,
"testnet" : false
} Normal? |
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So after you give out round 1 to beta testers are you going to release early to others who donate after?
I don't think its too crazy to ask for some results before we donate. I bet there are lots of people on the fence with donations ready once some proof of work and or results can be seen.
He just posted some results on the other page... |
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At 8K PPS, default sieve settings, I've been hitting a block daily for the past week.
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The future seems bright for this coin. Would like to see it on BTC-E.
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For CentOS if you installed Boost from an rpm distribution you'll probably have to edit the makefile to include boost_thread-mt instead of boost_thread. Or just do this, as the guide points out: make -f makefile.unix BOOST_LIB_SUFFIX=-mt |
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For comparison: 7 cores of an i7 930 get ~2100pps on Debianx64. Core2Duo 2.13GHz gets ~600pps on Win7 x64. Interestingly about the same performance per core although the i7 should be a faster. I set the sievesize of the i7 to 4096000 and the C2D to 2048000, not sure if those are good values, in testnet they seemed pretty fine. i7 got no blocks for over a week while the Core2Duo just found one tonight, so it's still got a lot to do with luck. edit: Great, now you replaced your question with nvm and my post is pretty much useless.  i7 930 doesn't have 7 cores, it has 4 cores plus 4 HT threads. |
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Odd how Cryptsy can add a coin 3 seconds after it's ANN thread, but it takes Gox years to accomplish the same.
MtGox setup caters to one coin only, I don't think they designed it to be scalable. They've said a new trading engine is in the works, I'd say we aren't going to see LTC support until that's finished. |
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With the latest build sometimes my pps goes down to sub 100 and stops using all cores. Restart fixes it. Not sure what is going on. It is a dual proc machine, 24 threads/12 cores total.
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Has anyone shown increased performance using the locally compiled libgmp?
Using newer libgmp made a difference here, but the one on my server was rather outdated. 4.3.1 I get 3k PPS, with 5.1.2 8k PPS - dual E5-2620 |
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Finally fixed my issue. I had to increase the virtual memory ulimit for some reason.
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primecoind generates a core dump immediately on startup for me ************************
EXCEPTION: N5boost21thread_resource_errorE
boost::thread_resource_error
primecoin in AppInit( Bitcoin and Litecoin run fine on the same machine. Running CentOS. RAM shouldn't be an issue - have 64GB. The weird thing is it ran fine once - had it going for 3 days straight. I restarted the process and now getting that error. Things I've tried: Completely deleting .primecoin folder Recompiling, I'm using original client now and not the HP version Edit: Solved, had to increase virtual memory ulimit. |
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I'm getting this immediately on startup ************************
EXCEPTION: N5boost21thread_resource_errorE
boost::thread_resource_error
primecoin in AppInit( Any ideas? Running CentOS here. Bitcoin and Litecoin run fine on the same machine. RAM shouldn't be an issue - have 64GB. The weird thing is it ran fine once - had it going for 3 days straight. I restarted the process today and now getting that error. I tried clearing the ~/.primecoin folder as well. Never seen that one before. Is that the only error you're getting? Yup. It's really strange :\ I did a recompile with the latest version just now and still getting it. |
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