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Author Topic: Buying Your XPM (PrimeCoin) - For LTC  (Read 5707 times)
Damnsammit
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July 08, 2013, 08:30:29 PM
 #21

Hmmm this is the first I've heard of this coin and now I am intrigued...

So this is entirely CPU based mining?

Yep for now. All built in wallet solo mining. All pool and miner software will need to be rewritten for it.

Interesting... my mining rig CPUs aren't doing anything right now anyways, so I guess I will get this set up soon.
zeroblock
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July 08, 2013, 08:37:06 PM
 #22

How long until Blocks mature?
Stinky_Pete
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July 08, 2013, 08:39:49 PM
 #23

I want to buy your PrimeCoin you mined

Out of interest, why?

Scott J
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July 08, 2013, 08:42:00 PM
 #24

How many XPM will there be?
craslovell
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July 08, 2013, 08:45:33 PM
 #25

How long until Blocks mature?

3000 something blocks, so about 3 days
com911
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July 08, 2013, 08:45:49 PM
 #26

How many XPM will there be?

~50.000 mined already ATM.

Scott J
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July 08, 2013, 08:46:27 PM
 #27

How many XPM will there be?

~50.000 mined already ATM.
So there isn't a limit?
craslovell
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July 08, 2013, 08:46:59 PM
 #28

Hmmm this is the first I've heard of this coin and now I am intrigued...

So this is entirely CPU based mining?

Yep for now. All built in wallet solo mining. All pool and miner software will need to be rewritten for it.

Interesting... my mining rig CPUs aren't doing anything right now anyways, so I guess I will get this set up soon.

I'd advise doing it fast to get what you can. The difficulty is on a constant uptrend so far. Setup is very easy too just download the wallet and enter setgenerate true (core amount) in the console and you're off to the races
craslovell
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July 08, 2013, 08:47:44 PM
 #29

How many XPM will there be?

~50.000 mined already ATM.
So there isn't a limit?

Not that i know of but rewards drops as diff increases to keep it level
craslovell
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July 08, 2013, 08:54:45 PM
 #30

Actually if blocks are on target it will take 2 days to mature
Damnsammit
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July 08, 2013, 09:38:18 PM
 #31

Hmmm this is the first I've heard of this coin and now I am intrigued...

So this is entirely CPU based mining?

Yep for now. All built in wallet solo mining. All pool and miner software will need to be rewritten for it.

Interesting... my mining rig CPUs aren't doing anything right now anyways, so I guess I will get this set up soon.

I'd advise doing it fast to get what you can. The difficulty is on a constant uptrend so far. Setup is very easy too just download the wallet and enter setgenerate true (core amount) in the console and you're off to the races

Hmmm maybe I'm too much of a n00b here, but how is everyone seeing their speeds?  I typed in "setgenerate true 2" and it just has a blank line after I press enter.  Just have a dual-core on this computer, but was planning on setting up my quad-core, too... might get lucky and get a block.
Stinky_Pete
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July 08, 2013, 09:40:01 PM
 #32

getmininginfo

Damnsammit
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July 08, 2013, 09:43:32 PM
 #33

getmininginfo

Hmmm... it's been going for about 15 minutes or so...  and shows zero.  What am I doing wrong?


{
"blocks" : 2603,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"errors" : "",
"generate" : true,
"genproclimit" : 2,
"primespersec" : 0,
"pooledtx" : 0,
"testnet" : false
}
Online24o0n (OP)
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July 08, 2013, 09:55:51 PM
 #34

Still buying, PM if you have any you want to sell, shoot me a price with it too. I understand they are hard to mine and take a while to mature, but it dosent justify the outrages prices, not yet anyway considering the launch thread from the devs state that PrimeCoin can be retracted, killing the coin.

"Never let the future disturb you. You will meet it, if you have to, with the same weapons of reason which today arm you against the present"
- Marcus Aurelius
Damnsammit
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July 08, 2013, 09:57:02 PM
 #35

Wow.  I want to sell you some, but it looks like I don't have any decent computers to mine with! 

My i5 is only getting 4 PPS and my laptop (AMD quad core A8) only gets 2 PPS lol
gudmunsn
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July 08, 2013, 10:19:22 PM
 #36

I'm not sure if 1 XPM/0.01BTC is a fair price or not. The supply is quite limited and seems hard for folks to mine-you can't even mine it with EC2 AFAIK.  I think I may hold onto mine and not sell any of them; I'm kind of excited to be in on something that looks quite promising in the very beginning.

DigitalDoom
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July 08, 2013, 11:07:28 PM
 #37

Managed to mine 80 XPM before difficulty exploded yesterday. Gonna hold them at least until they hit an exchange. I think .01BTC is pretty darned cheap for them right now considering they are hard as heck to mine and take forever to mature. I'm thinking it won't take long at all for them to hit .1BTC or higher once they hit an exchange.

They're only CPU mine-able right now and with difficulty at 7+...well...they are just really hard to get. I'm feeling fairly confident they will quickly skyrocket past .01BTC when an exchange eventually picks them up.
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