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Beaflag VonRathburg
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July 18, 2013, 06:28:13 PM |
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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$ Link or it didn't happen, and BFL doesn't count. Just google asicminer block erupter usb 0.9 BTC each. With the possibility that it will never reach a 100% ROI... |
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ReCat
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July 18, 2013, 06:33:57 PM |
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Absolutely. The prices of ASICS are not only capitalized, 80 dollars for simply a flimsy USB device, it is a complete gamble consequently, as you NEVER know if you will ever get a return on your investment because of all of the other big-rig ASIC miners as well as private ASICS.
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BTC: 1recatirpHBjR9sxgabB3RDtM6TgntYUW
Hold onto what you love with all your might, Because you can never know when - Oh. What you love is now gone.
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xyzzy099
Legendary
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Activity: 1068
Merit: 1109
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July 18, 2013, 06:36:20 PM |
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Absolutely. The prices of ASICS are not only capitalized, 80 dollars for simply a flimsy USB device, it is a complete gamble consequently, as you NEVER know if you will ever get a return on your investment because of all of the other big-rig ASIC miners as well as private ASICS.
Isn't that equally true for the rich 'fat-cats' you despise, as it is for all of us? Mining BTC is a big gamble. Full stop. |
Libertarians: Diligently plotting to take over the world and leave you alone.
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Vigil
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July 18, 2013, 06:38:53 PM |
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Absolutely. The prices of ASICS are not only capitalized, 80 dollars for simply a flimsy USB device, it is a complete gamble consequently, as you NEVER know if you will ever get a return on your investment because of all of the other big-rig ASIC miners as well as private ASICS.
Dude, look at the development of technology in every sector. Things always start out expensive as those with big money pay the initial costs for further technology development. You are seeing right now and not a couple years down the road. ASICs and other software technology will make mining more accessible to everyone. |
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EvilLizardApparel
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July 18, 2013, 06:54:22 PM |
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I did setgenerate true in debug console, didn't reject command..but how do you confirm the client is mining?
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Killiz
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July 18, 2013, 06:57:12 PM |
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I did setgenerate true in debug console, didn't reject command..but how do you confirm the client is mining?
getprimespersec or getmininginfo |
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sumantso
Legendary
Offline
Activity: 1050
Merit: 1000
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July 18, 2013, 06:57:48 PM |
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I did setgenerate true in debug console, didn't reject command..but how do you confirm the client is mining?
Type 'getprimespersec'. Also, you can just chech CPU workload in Task manager> processes A bit late to the party, eh? What CPU are you using? |
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EvilLizardApparel
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July 18, 2013, 07:00:41 PM |
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1827...any good? Using the "High Performance" client posted on here...Celeron. Have tons of them in my scrypt miners (cheap) . I assume because they are cheap, that 1827 is not good..
EDIT:any way to point all my cpu's to one wallet, make a little mini-pool to combine their rate?
And I always seem to be late. I went to put $6000 into Satoshi dice to get dividends yesterday, fell asleep...woke up today to find i screwed up pretty bad.lol
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Boelens
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July 18, 2013, 07:05:47 PM |
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Is it worth it to mine this coin on a Quad core i7 2.2 GHZ?
EDIT: 2670-QM Intel core
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sumantso
Legendary
Offline
Activity: 1050
Merit: 1000
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July 18, 2013, 07:19:25 PM |
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1827...any good? Using the "High Performance" client posted on here...Celeron. Have tons of them in my scrypt miners (cheap) . I assume because they are cheap, that 1827 is not good..
EDIT:any way to point all my cpu's to one wallet, make a little mini-pool to combine their rate?
And I always seem to be late. I went to put $6000 into Satoshi dice to get dividends yesterday, fell asleep...woke up today to find i screwed up pretty bad.lol
You will be lucky to get anything. I haven't got anything running over 3000 pps; but then its a matter of luck. You can copy your wallet.dat and paste it in all other PCs. Is it worth it to mine this coin on a Quad core i7 2.2 GHZ?
EDIT: 2670-QM Intel core
You may as well fire it up and see. Maybe you will get lucky. Just use the high performance hp4 version and in console type 'setgenerate true #no of threads'. Leaving one thread for other work is more than good enough. |
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bidji29
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July 18, 2013, 07:21:43 PM |
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With 5k-10k pps, you gain 1Block/day and it's decreasing.
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nmersulypnem
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July 18, 2013, 07:29:52 PM |
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With 5k-10k pps, you gain 1Block/day and it's decreasing.
I have the same and haven't gotten anything in three days. |
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notme
Legendary
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Activity: 1904
Merit: 1002
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July 18, 2013, 07:33:51 PM |
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You can copy your wallet.dat and paste it in all other PCs.
As soon as you use the 100 keys in your keypool, your wallets will diverge if you do this. |
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nmersulypnem
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July 18, 2013, 07:34:25 PM |
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Has anyone changed this...?
static const unsigned int nPrimorialHashFactor = 7;
unsigned int nPrimorialMultiplier = nPrimorialHashFactor;
I've been making some changes that I think are beneficial - and am looking to share info. PM me.
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sumantso
Legendary
Offline
Activity: 1050
Merit: 1000
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July 18, 2013, 07:37:38 PM |
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You can copy your wallet.dat and paste it in all other PCs.
As soon as you use the 100 keys in your keypool, your wallets will diverge if you do this. Didn't know that. Actually heard about that but never considered it. Cheers. If he gets till 100, he will have bigger things to worry about, like how to avoid the taxmen  |
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Teka
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July 18, 2013, 08:00:09 PM |
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Here is a response from btc-e no add Primecoin |
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Vigil
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July 18, 2013, 08:59:10 PM |
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How is it that only a week or two ago people were getting decent returns on XPM with CPUs and now your lucky if you get anything? didn't the coin only start being mined just two weeks ago? Thats insane.
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dillpicklechips
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July 18, 2013, 09:01:14 PM |
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Does the difficulty scale in a linear way or is it hard to predict?
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cryptohunter
Legendary
Offline
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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July 18, 2013, 09:02:54 PM |
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How is it that only a week or two ago people were getting decent returns on XPM with CPUs and now your lucky if you get anything? didn't the coin only start being mined just two weeks ago? Thats insane.
people still are, but they're the ones with 600k pps and multiple vps cpus at their disposal. Also word is there are some with gpu miners too now so if you just have a couple of computers then you may get a block every few days. i guess it is fair since if you want to pay to rent these or are smart enough to code the gpu miner then you can get the coins they are getting. Sadly i only have centos servers and can't code and have only a basic graph of math so i'm on a block every few days too. Still if you have a couple of hundred coins, they could be well worth holding for the future. However will be better when everyone has access to the gpu miner lets hope its amd not nvidia though since that would be just my luck. |
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xyzzy099
Legendary
Offline
Activity: 1068
Merit: 1109
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July 18, 2013, 09:03:19 PM |
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Does the difficulty scale in a linear way or is it hard to predict?
+1 difficulty == 30x harder to mine a block +2 difficulty == 900x harder etc. |
Libertarians: Diligently plotting to take over the world and leave you alone.
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