[XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency

[Impaler]

RandyFolds: Why must you constantly paint me as some conspiracy theorist, dose this allow you to reject what I am saying more easily?  I have not once accused anyone of a conspiracy, though you as starting to sound like a fan-boy trying to shout-down anything which is not abject praise for SK, hardly a conspiracy but pathological none the less.  I am just providing a critic and advise for anyone who may wish to try a new hash algorithm in the future.  Likewise you are still utterly ignorant as to the obviousness of optimization and any programmer will tell you so, stop presenting your personal incredulity as a refutation of my informed assessments.

RustyShackleford1950:  Read my original posts before commenting, I clearly stated that optimizing the mining code before release would have allowed a higher difficulty at launch and still allowed the SAME initial block rate when everyone was using the original code.  What we would not have seen is the drop down in the <10 second block times when the optimized clients were released, but instead a stabilization at target block time would have begun sooner.

markm:  Yes the overall launch has still been vastly better then any of the scam coins in which low (sometimes lower then LTC) were intentionally used to cause insta-mining.  The unoptimized code turned what would have a been a perfect launch into one slightly marred by an over production of coins.

[AgentME]

Been running tests for 2 days on the test-net and it looks like primecoind is crippled in some way.

Ran primecoind 1 hour and I end up with 10 blocks (had the same result 3 times) with sieve @ 1 million. If I run primecoin-qt for an hour I usually get about 30-60 blocks @ 1 million sieve. Did this test about 3-4 times.

This is with the hp4 client and only using one core on windows 7.

What was the difficulty rate each time on testnet?

[RandyFolds]

RandyFolds: Why must you constantly paint me as some conspiracy theorist, dose this allow you to reject what I am saying more easily?  I have not once accused anyone of a conspiracy, though you as starting to sound like a fan-boy trying to shout-down anything which is not abject praise for SK, hardly a conspiracy but pathological none the less.  I am just providing a critic and advise for anyone who may wish to try a new hash algorithm in the future.  Likewise you are still utterly ignorant as to the obviousness of optimization and any programmer will tell you so, stop presenting your personal incredulity as a refutation of my informed assessments.

Your 'critic' (critique) and 'advise' (advice) amount to telling people to predict the future. Really, really useful, champ. Your informed assessment is deluded and confused. You don't know what you are talking about. A stream of people seem to agree.

[forsetifox]

Been running tests for 2 days on the test-net and it looks like primecoind is crippled in some way.

Ran primecoind 1 hour and I end up with 10 blocks (had the same result 3 times) with sieve @ 1 million. If I run primecoin-qt for an hour I usually get about 30-60 blocks @ 1 million sieve. Did this test about 3-4 times.

This is with the hp4 client and only using one core on windows 7.

What was the difficulty rate each time on testnet?

time                 sieve      diff    blocks

03:30-04:30   1000000   5.9584   43      <-- primecoin-qt
04:41-05:41   1000000   5.9593   10      <-- primecoind

[Jigsaw]

Is there anywhere to check the total network hashrate? I'm mining at 500k PPS and the blocks aren't coming in at the rate I'd expect them to.

[ReCat]

Someone's running a botnet.

[markm]

Maybe not the only botnet though to their chagrin, eh?

-MarkM-

[rethaw]

Is there anywhere to check the total network hashrate? I'm mining at 500k PPS and the blocks aren't coming in at the rate I'd expect them to.

Some very rough anecdotal evidence says 5kpps will get around a block a day, so 500kpps should get around 100 blocks a day. What are you getting?

[nmersulypnem]

Looks like mining is winding down for me (and every regular person on here).  I managed to gat about 800 XPM.  It's less than I expected having started the exact minute Primecoin was released, but I suppose my resources are more limited than others on here...

[FiiNALiZE]

Looks like mining is winding down for me (and every regular person on here).  I managed to gat about 800 XPM.  It's less than I expected having started the exact minute Primecoin was released, but I suppose my resources are more limited than others on here...

800 XPM is still a pretty good haul.

That's about 4 BTC, give or take.

I started 3 days late and managed to mine 300 XPM before the diff shot up.

[Jigsaw]

Is there anywhere to check the total network hashrate? I'm mining at 500k PPS and the blocks aren't coming in at the rate I'd expect them to.

Some very rough anecdotal evidence says 5kpps will get around a block a day, so 500kpps should get around 100 blocks a day. What are you getting?

Got 25 blocks in the last 24 hours. Granted, my mining power hasn't been 500k PPS 24 hours ago, but if it had been that 24 hours ago then the equivalent would be about 70 blocks.

[salfter]

Anyone tried ypool?  It seems to function.  Just wondering if anyone has withdrew from it yet?

I've not yet hit the minimum for auto-payout, and there's no manual payout option. I think I'll have 2 XPM tomorrow.

[rethaw]

Is there anywhere to check the total network hashrate? I'm mining at 500k PPS and the blocks aren't coming in at the rate I'd expect them to.

Some very rough anecdotal evidence says 5kpps will get around a block a day, so 500kpps should get around 100 blocks a day. What are you getting?

Got 25 blocks in the last 24 hours. Granted, my mining power hasn't been 500k PPS 24 hours ago, but if it had been that 24 hours ago then the equivalent would be about 70 blocks.

That doesn't seem too far off.

[FiiNALiZE]

Is there anywhere to check the total network hashrate? I'm mining at 500k PPS and the blocks aren't coming in at the rate I'd expect them to.

Some very rough anecdotal evidence says 5kpps will get around a block a day, so 500kpps should get around 100 blocks a day. What are you getting?

Got 25 blocks in the last 24 hours. Granted, my mining power hasn't been 500k PPS 24 hours ago, but if it had been that 24 hours ago then the equivalent would be about 70 blocks.

What was your mining power 24 hours ago?

I've been mining at 12,000 PPS for 48 hours and haven't found anything yet.

[Aggrophobia]

From here:

http://www.mersenne.ca/mfaktc.php

Nvidea and AMD cards perform similarly in prime verification?

Does this have any relevant?

I have this:    
GeForce GTX 550 Ti   GF116-400   900   2.1   691   116   1.113   143.810   129.2   $119.48   0.400   51.7

http://www.mersenne.ca/mfaktc.php?sort=ghdpd&noA=1

GIMPS GPU computing methods:
http://www.mersenneforum.org/gccs/GIMPS_GPU_Computing_Cheat_Sheet.pdf

It doesn't have any relevance, mfaktx is only for factoring for possible mersenneprimes, to prove that they are composite
if you found a factor.
CUDALucas is a program like mprime or prime95 whicht test a candidate with Lucas-Lehmer-Method (works only for Mprimes) written in CUDA

[Jigsaw]

Is there anywhere to check the total network hashrate? I'm mining at 500k PPS and the blocks aren't coming in at the rate I'd expect them to.

Some very rough anecdotal evidence says 5kpps will get around a block a day, so 500kpps should get around 100 blocks a day. What are you getting?

Got 25 blocks in the last 24 hours. Granted, my mining power hasn't been 500k PPS 24 hours ago, but if it had been that 24 hours ago then the equivalent would be about 70 blocks.

What was your mining power 24 hours ago?

I've been mining at 12,000 PPS for 48 hours and haven't found anything yet.

My mining power was roughly 75k around 4am EST on July 16. Was getting around a block or two an hour.

[96redformula]

Is there anywhere to check the total network hashrate? I'm mining at 500k PPS and the blocks aren't coming in at the rate I'd expect them to.

Some very rough anecdotal evidence says 5kpps will get around a block a day, so 500kpps should get around 100 blocks a day. What are you getting?

Got 25 blocks in the last 24 hours. Granted, my mining power hasn't been 500k PPS 24 hours ago, but if it had been that 24 hours ago then the equivalent would be about 70 blocks.

What was your mining power 24 hours ago?

I've been mining at 12,000 PPS for 48 hours and haven't found anything yet.

My mining power was roughly 75k around 4am EST on July 16. Was getting around a block or two an hour.

I was that same pps 75k up until about an hour ago and I just pulled the VPM.  I had received no blocks from the VPM all day .  I am still somehow managing to hit them on my home pc's with only 10k pps.

[philipkdick]

You coders are so cute, but you know nothing about the economics of money--like everyone else.

+1

It's a symbiosis, so they know what they're meant to know.

[rethaw]

[paulthetafy]

Even though the block rate has decreased it's still lower than the target.  A lot of blocks are still being found but I can't believe that is being done by CPU miners anymore at this diff.  The large VPS's are no longer profitable so many/most have turned them off now.  It can only mean that either someone is running a much more efficient CPU miner or, more likely, GPU miners have been written.  In either case I understand why developers would want to mine for themselves before releasing, but it is a shame for the coin nonetheless.  So many coins were mined by large VPS's early on that the vast majority of home miners with 1 or 2 machines now can't find enough blocks to make running it worthwhile.  In which case I think the release of a GPU miner will benefit everyone.  That's my early-morning, pre-coffee, view on things, feel free to agree or disagree

PTT