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July 29, 2013, 09:45:06 PM |
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I have noticed that the difficulty has dropped a little bit in the last 24 hours. Also the price has dropped a bit. If you own Primecoins you should continue mining! Even if it is just one CPU... there are thousands of people who mine with just one single CPU and that is also one great thing about Primecoin: everybody (!) has still a real chance to exchange some hardware and electricity against a virtual currency.
Important to understand about XPM is that the more people mine, the lower the block rewards get and thus the supply declines. This drives the price up, let's more people mine it for profit and so on and so on...
KEEP ON MINING before the first GPUminers get build and the difficulty rises, the price goes up and you regret that you did not continue mining while you had a realistic chance to earn some XPM.
So, if you are already mining: post the current difficulty here periodically together with the reward and time of your last found block...
My last mined block earned me 11.79 coins. ("timereceived" : 1374502394). I am mining with one computer only...
Current Difficulty: 9.26531601
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