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

[#Darren]

http://en.wikipedia.org/wiki/Unix_time

Thanks, is there an online calculator to run the numbers in?  It gives me a headache just trying 

[notme]

http://en.wikipedia.org/wiki/Unix_time

Thanks, is there an online calculator to run the numbers in?  It gives me a headache just trying 

http://lmgtfy.com/?q=unix+time+calculator

[#Darren]

http://en.wikipedia.org/wiki/Unix_time

Thanks, is there an online calculator to run the numbers in?  It gives me a headache just trying 

http://lmgtfy.com/?q=unix+time+calculator

Thank you 

[#Darren]

Another question...

the time stamps/unix codes seem to indicate exactly when the batch of coins was mined, but is there a way to tell exactly when they "matured", or became "orphaned"?

[wesleyrbk]

A high rise in price like what is happening now won't be good for the coin. Its going to pop very soon.

Go ahead and dump while you can then, afterall you can easily mine some more, right?

-MarkM-

Exactly, the only way to get XPM right now is to buy it. Unless you have a multiple computers you won't mine any. So if either gpu or a pool gets added for XPM people can and will mine it for themselves.

Right now the price is high because there is a high demand for it and everyone wants a piece. When they are able to mine it people will start undercutting each other and fear that the coin will pop and drop a lot.

I know its a bit of a weird comparison but the price for YAC coin went down dramatically when they released the gpu miner for it. I myself have quite a large share in XPM and not selling anytime soon because I think the coin has a lot more potential price wise then it is now.

[Trillium]

'Mining' at 5,000 primes/sec, any calculators to estimate average time to find a block?

[n4ru]

'Mining' at 5,000 primes/sec, any calculators to estimate average time to find a block?

Someone gave a very very rough estimate of 1 block/24h @ 5kPPS.

[oroqen]

If some one could explain how to analyse this:  

"timereceived" : 1373937797

 

"timereceived" : 1374005196

 

"timereceived" : 1374079574

 I'd be grateful.

In linux you can quickly convert epoch with

Code:

date --date='@1373937797'

[#Darren]

'Mining' at 5,000 primes/sec, any calculators to estimate average time to find a block?

Someone gave a very very rough estimate of 1 block/24h @ 5kPPS.

That's my experience also.

[RustyShackleford1950]

'Mining' at 5,000 primes/sec, any calculators to estimate average time to find a block?

Someone gave a very very rough estimate of 1 block/24h @ 5kPPS.

I'd disagree with that. I'd say 5K = 1block/48 hours. If you're lucky.

[markm]

'Mining' at 5,000 primes/sec, any calculators to estimate average time to find a block?

It doesn't directly relate. One machine, say a laptop maybe, could go seemingly forever without finding any blocks way back when this thing started, while showing larger PPS than other machines, not laptops, that did fine.

Its not so much how many primes you line up to work with maybe as whether you can actually work with them well once you do have them lined up and counted?

People cited way back when various changes they made that could make PPS skyrocket while making the chance of actually finding a block drop drastically.

So maybe on some systems you'd actually want to lower your PPS in order to increase the chance of finding a block.

Its a poor indicator. Thats why other indicators were added to the debug.log in the performance version/fork/branch, so people can try to research whether any of those might be maybe at least a little more related to the chance of finding a block.

I think maybe the best mining calculator would be to look at the top profitable coins on those find the most profitable coin websites and plug us in at number four or worse so everyone who is really into predictions will run off to one or more of the top three. That might help those of us still here a lot!

-MarkM-

[RandyFolds]

I really do wish there was some way to see the PPS of the entire network, or at least the number of nodes. I bet we'd all be blown away by the numbers.

[Plazma]

All coins drop 10-15%~ in price for the last 24hours in top 12 except primecoin witch gained 63%,
http://coinmarketcap.com/

[mr_random]

A high rise in price like what is happening now won't be good for the coin. Its going to pop very soon.

Go ahead and dump while you can then, afterall you can easily mine some more, right?

-MarkM-

Exactly, the only way to get XPM right now is to buy it. Unless you have a multiple computers you won't mine any. So if either gpu or a pool gets added for XPM people can and will mine it for themselves.

Right now the price is high because there is a high demand for it and everyone wants a piece. When they are able to mine it people will start undercutting each other and fear that the coin will pop and drop a lot.

I know its a bit of a weird comparison but the price for YAC coin went down dramatically when they released the gpu miner for it. I myself have quite a large share in XPM and not selling anytime soon because I think the coin has a lot more potential price wise then it is now.

The difficulty will simply adjust as GPU mining happens with greater and greater frequency. GPU mining didn't kill Litecoin.

[shitaifan2013]

fixed: after a few more minutes of waiting, sync did start. 

hi,

another user asked it one page before me, but didn't get any ansers so far.

just downloaded the latest client, but the blockchain won't sync, says "No block source availabe". Been waiting now for around 30 min.

any ideas what to do?

thanks in advance.

[Carra23]

Think time to turn off the machines. Running dry for over 4 days. Always keep thinking may be I will get lucky soon; but it seems its over now as we come close to 9 difficulty.

[Vannicke]

I agree that PPS seems to be untranslatable.   An intel system with 5000 PPS I had produced one block in all of it's four days running, while another AMD system which also said 5000 PPS but finds a block every 6 hours or so, though it is now dry for 14 hours. Edit: found one right after posting this.

I think it is statistically unlikely that the one system ran the same as the other, yet in four days one found a single block and the other found twenty-two.  Both systems were started within minutes of each other, and updated to the latest mikaelh release immediately, with same sievesizes on hp3 and hp4.

[markm]

Well if the factor of thirty per integer of difficulty is true, then our chances at difficulty nine as compared to our chances at difficulty seven should be about the same kind of difference as our chance of solo CPU mining a Litecoin block at difficulty 1 compared to our chance of solo CPU mining a Litecoin block at difficulty 900.

Sure we have improved our code some, but on the other hand CPUs have probably improved since Litecoin was difficulty 1.

So if when primecoin was launched you were finding blocks about as often with your CPUs as you found Litecoin blocks with the CPUs available back when litecoin was difficulty 1, maybe your chances of finding one when we hit 9 might be slightly better than your chances of solo CPU mining a litecoin block when Litecoin hits difficulty 900.

I suggest slightly better because maybe the improvements in the code might be quite significant. Heck maybe so significant that your chances will actually be closer to the chance you had of CPU mining a Litecoin block back when Litecoin was only at difficulty 90 ... Uh, how much chance was that, actually? Hmm...

-MarkM-

[#Darren]

Think time to turn off the machines. Running dry for over 4 days. Always keep thinking may be I will get lucky soon; but it seems its over now as we come close to 9 difficulty.

how many pps are you pulling?   what build wallet are you using?

[Tuck Fheman]

'Mining' at 5,000 primes/sec, any calculators to estimate average time to find a block?

Someone gave a very very rough estimate of 1 block/24h @ 5kPPS.

That's my experience also.

Over a 10 day period ... I was at 2 block/day @ 3kPPS, now at 1.5 after 1 block in 2.5 days.