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Author Topic: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency  (Read 686990 times)
captainfuture
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July 18, 2013, 03:51:49 PM
 #2401

Is a normal mined block 12 XPM?

and how much is an unnormal mined block?
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xyzzy099
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July 18, 2013, 03:53:07 PM
 #2402

Is a normal mined block 12 XPM?

The block reward is 999/(diff^2), so it depends on the difficulty at the time you mined the block.

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panoss
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July 18, 2013, 03:55:30 PM
 #2403

Could someone inform me what is the total number of XPM?I see @ http://coinmarketcap.com/
that there have been found-mined 938,843 XPM ,but I cant find the total number anywhere.
Thanks
paulthetafy
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July 18, 2013, 03:57:47 PM
 #2404

Could someone inform me what is the total number of XPM?I see @ http://coinmarketcap.com/
that there have been found-mined 938,843 XPM ,but I cant find the total number anywhere.
Thanks
umm.... primes are infinite Cheesy
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July 18, 2013, 04:02:11 PM
 #2405

Could someone inform me what is the total number of XPM?I see @ http://coinmarketcap.com/
that there have been found-mined 938,843 XPM ,but I cant find the total number anywhere.
Thanks
umm.... primes are infinite Cheesy
so 938,843 is the number of prime numbers that have been found since the beginning of the XPM project?
xyzzy099
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July 18, 2013, 04:03:52 PM
 #2406

Could someone inform me what is the total number of XPM?I see @ http://coinmarketcap.com/
that there have been found-mined 938,843 XPM ,but I cant find the total number anywhere.
Thanks
umm.... primes are infinite Cheesy
so 938,843 is the number of prime numbers that have been found since the beginning of the XPM project?

No, it's the number of coins generated.

Libertarians:  Diligently plotting to take over the world and leave you alone.
panoss
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July 18, 2013, 04:05:44 PM
 #2407

Could someone inform me what is the total number of XPM?I see @ http://coinmarketcap.com/
that there have been found-mined 938,843 XPM ,but I cant find the total number anywhere.
Thanks
umm.... primes are infinite Cheesy
so 938,843 is the number of prime numbers that have been found since the beginning of the XPM project?

No, it's the number of coins generated.

and the number of  XPM'S are infinite?
xyzzy099
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July 18, 2013, 04:07:04 PM
 #2408

Could someone inform me what is the total number of XPM?I see @ http://coinmarketcap.com/
that there have been found-mined 938,843 XPM ,but I cant find the total number anywhere.
Thanks
umm.... primes are infinite Cheesy
so 938,843 is the number of prime numbers that have been found since the beginning of the XPM project?

No, it's the number of coins generated.

and the number of  XPM'S are infinite?

There is no hard limit, like the 21,000,000 BTC limit.  There will always be some XPM inflation.

Libertarians:  Diligently plotting to take over the world and leave you alone.
panoss
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July 18, 2013, 04:08:52 PM
 #2409

Could someone inform me what is the total number of XPM?I see @ http://coinmarketcap.com/
that there have been found-mined 938,843 XPM ,but I cant find the total number anywhere.
Thanks
umm.... primes are infinite Cheesy
so 938,843 is the number of prime numbers that have been found since the beginning of the XPM project?

No, it's the number of coins generated.

and the number of  XPM'S are infinite?

There is no hard limit, like the 21,000,000 BTC limit.  There will always be some XPM inflation.

I see know
thank you
ReCat
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July 18, 2013, 04:41:05 PM
 #2410

Whoa Whoa whoa. What if... WHAT IF... Primecoin is the new Litecoin?

Duuude.



It looks more like a new Novacoin, amazingly high price and no use

It has a use. It can't be asic bombed. People have plans on asic bombing litecoin, and bitcoin is already being asic bombed.

BTC: 1recatirpHBjR9sxgabB3RDtM6TgntYUW
Hold onto what you love with all your might, Because you can never know when - Oh. What you love is now gone.
ampere
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July 18, 2013, 04:45:03 PM
 #2411

Whoa Whoa whoa. What if... WHAT IF... Primecoin is the new Litecoin?

Duuude.



It looks more like a new Novacoin, amazingly high price and no use

It has a use. It can't be asic bombed. People have plans on asic bombing litecoin, and bitcoin is already being asic bombed.
Why can't it be?

ReCat
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July 18, 2013, 04:50:22 PM
 #2412

It's not hashing anymore. Either way. ASIC bombing this is going to have to wait a long, loooong time.

BTC: 1recatirpHBjR9sxgabB3RDtM6TgntYUW
Hold onto what you love with all your might, Because you can never know when - Oh. What you love is now gone.
Vigil
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July 18, 2013, 04:50:42 PM
 #2413

Whoa Whoa whoa. What if... WHAT IF... Primecoin is the new Litecoin?

Duuude.



It looks more like a new Novacoin, amazingly high price and no use

It has a use. It can't be asic bombed. People have plans on asic bombing litecoin, and bitcoin is already being asic bombed.
ASICs are a benefit to cryptocoins, the last thing you want to do is make a coin that prevents ASIC use. There will be ASICs that can mine XPM, if XPM continues to be a success.
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July 18, 2013, 04:54:37 PM
 #2414

With ASIC manufacturers capitalizing on their ASICS like they are now, it's just an unfair game of the absolute richest getting richer.

BTC: 1recatirpHBjR9sxgabB3RDtM6TgntYUW
Hold onto what you love with all your might, Because you can never know when - Oh. What you love is now gone.
n4ru
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July 18, 2013, 05:23:07 PM
 #2415

Whoa Whoa whoa. What if... WHAT IF... Primecoin is the new Litecoin?

Duuude.



It looks more like a new Novacoin, amazingly high price and no use

It has a use. It can't be asic bombed. People have plans on asic bombing litecoin, and bitcoin is already being asic bombed.
You have no idea what you're talking about, 'nor what an ASIC is by definition...

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ETH: 0x00972cd6a2c6786afbcc24ca592b8c86f33f747a / BTC: 1n4ruYy5QWbTDBbPEyBRWwj1Ni4U4Sz5P
Vigil
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July 18, 2013, 05:23:53 PM
 #2416

With ASIC manufacturers capitalizing on their ASICS like they are now, it's just an unfair game of the absolute richest getting richer.
What is unfair about it? How can someone who doesn't understand free markets even be a proponent of cryptocurrencies? Are you sure you are in the right place? ASICs will bring mining to more people than GPUs and CPUs ever did.
Teka
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July 18, 2013, 05:29:09 PM
 #2417

With ASIC manufacturers capitalizing on their ASICS like they are now, it's just an unfair game of the absolute richest getting richer.
What is unfair about it? How can someone who doesn't understand free markets even be a proponent of cryptocurrencies? Are you sure you are in the right place? ASICs will bring mining to more people than GPUs and CPUs ever did.

It might do but it will also make a lot of people extremely disappointed when their asics turn into paperweight because of the massive difficulty increase.
Vigil
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July 18, 2013, 05:34:30 PM
 #2418

With ASIC manufacturers capitalizing on their ASICS like they are now, it's just an unfair game of the absolute richest getting richer.
What is unfair about it? How can someone who doesn't understand free markets even be a proponent of cryptocurrencies? Are you sure you are in the right place? ASICs will bring mining to more people than GPUs and CPUs ever did.

It might do but it will also make a lot of people extremely disappointed when their asics turn into paperweight because of the massive difficulty increase.

That is initially. But one day even small amounts of hashing power may bring in an extra $1000 per year.

So, I need to mine XPM for a few days with my 1200 PPS to find a block?
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July 18, 2013, 06:02:40 PM
 #2419

With ASIC manufacturers capitalizing on their ASICS like they are now, it's just an unfair game of the absolute richest getting richer.
What is unfair about it? How can someone who doesn't understand free markets even be a proponent of cryptocurrencies? Are you sure you are in the right place? ASICs will bring mining to more people than GPUs and CPUs ever did.

How? When each unit is 6000 dollars a peice! Nobody can afford that!

BTC: 1recatirpHBjR9sxgabB3RDtM6TgntYUW
Hold onto what you love with all your might, Because you can never know when - Oh. What you love is now gone.
Plazma
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July 18, 2013, 06:08:19 PM
 #2420

With ASIC manufacturers capitalizing on their ASICS like they are now, it's just an unfair game of the absolute richest getting richer.
What is unfair about it? How can someone who doesn't understand free markets even be a proponent of cryptocurrencies? Are you sure you are in the right place? ASICs will bring mining to more people than GPUs and CPUs ever did.

How? When each unit is 6000 dollars a peice! Nobody can afford that!

Cheapest asic right now is 80$

BTC: 1A1Mwjfw2mTko4N2UuVQ3RK4hXJunsPA3j
XMP: AcT3PK4wofjCMt6irN4HXENUqPvoBJRWk3
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