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Author Topic: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency  (Read 686991 times)
xenofanesSkarak
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September 29, 2013, 12:31:40 PM
Last edit: September 29, 2013, 12:51:19 PM by xenofanesSkarak
 #3161

I believe this coin will return back at least to level of 0.0050000 btc.

People should think of investing into cryptocoins in longer terms like half year at least or more years.
You cannot want to make fortune within one week or so.

I expect Primecoin will go high during upcoming weeks because U.S. is going to hit $16.7 trillion Debt Ceiling and USD will decline and other currencies like EUR or Bitcoin will gain more value from this.
Just see buy and sell orders on MCXnow. People want to buy hundreds or even thousands of XPM but only 10times less amount people are selling. It will go high again.
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xenofanesSkarak
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September 29, 2013, 12:58:50 PM
 #3162

No coin value can survive indefinitely based on speculators alone. Eventually the coin needs some practical purpose/use/adoption to have lasting value (in the sense of fiat value).

Compare XPM with Sexcoin - You can buy thousands products for Sexcoin, but nothing for XPM, and besides it sex industry move the internet.
But XPM is much more expensive and I believe it stays that high for some time.
Its hardly only because of speculators alone.
It is also because developers of XPM are well known and made stable coin with unique and excellent features. And community around coin is also stable and large.
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October 01, 2013, 03:51:25 AM
 #3163

Cryptsy XPM markets now open
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October 01, 2013, 10:57:23 AM
 #3164

Cryptsy XPM markets now open

Very interesting addition Smiley
XPM is turning into a really strong coin.
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October 01, 2013, 04:42:10 PM
 #3165

Cryptsy XPM markets now open

Nice! Thanks for the strong support from Cryptsy team!
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October 02, 2013, 03:04:01 PM
Last edit: October 02, 2013, 04:04:06 PM by Jriker1
 #3166

Theoretical question and a couple other questions.  

If I have a 2 CPU XEON, 24 core total i7 2.4GHz system, how long should I assume it will take for a block to be found?

Also is using the wallet to mine the only way this can be done?  CPUMiner doesn't work?

Are there any pools to mine XPM? Found beeeeer.org (hope got all the e's in there)

Is mining XPM profitable over pool mining with your CPU's against another alt currency?  For example if I had one core of one CPU working in a pool, it will frequently accept work and get credit for it so get a small piece of money.  If I use that same core with XPM, probably never make anything ever.

Thanks.

JR
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October 02, 2013, 06:53:32 PM
 #3167

Theoretical question and a couple other questions.  

If I have a 2 CPU XEON, 24 core total i7 2.4GHz system, how long should I assume it will take for a block to be found?

Also is using the wallet to mine the only way this can be done?  CPUMiner doesn't work?

Are there any pools to mine XPM? Found beeeeer.org (hope got all the e's in there)

Is mining XPM profitable over pool mining with your CPU's against another alt currency?  For example if I had one core of one CPU working in a pool, it will frequently accept work and get credit for it so get a small piece of money.  If I use that same core with XPM, probably never make anything ever.

Thanks.

JR

I'd suggest you try both for a week to compare...Personally I'd stick to beeeeer.org
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October 02, 2013, 07:52:27 PM
 #3168

For anyone interested in renting cloud space to run miners, I've found DigitalOcean's smallest server (512MB ram, 1processor core) to actually have fair hashing power. It costs $0.007 per hour per instance, so five instances (account max) costs $0.035. After running for 24 hours, the average is around 0.8 blocks per instance. This is using the default client for mining.

Is that the reported blocks/day or the actual number of blocks per day?

BTC: 1E2egHUcLDAmcxcqZqpL18TPLx9Xj1akcV   Ψ: AWHJbwoM67Ez12SHH4pH5DnJKPoMSdvLz2   Primecoin All-In-One VPS Setup Script   Quarkcoin All-In-One VPS Setup Script   Metiscoin VPS Pool Mining Script
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October 02, 2013, 07:54:51 PM
 #3169

Hello guys/gals,

Bit of a noob to XPM I'm afraid to say - but weren't we all once upon a time? I'd like to solo mine on my machine while using it, I've got it all up & running but am struggling to find out what ports I should be using when solo mining. I've searched a few guides but, of course, they all say to use different ports  Tongue

If someone could give me a definitive answer as to what the rpcport, port & rpcallow settings should be I'd be eternally grateful & add you to my xmas card list.

I Promise  Grin

Peace.

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
Amazon UK BTC payment service - https://bitcointalk.org/index.php?topic=301229.0 - with FREE delivery!
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October 02, 2013, 08:00:40 PM
 #3170

Hello guys/gals,

Bit of a noob to XPM I'm afraid to say - but weren't we all once upon a time? I'd like to solo mine on my machine while using it, I've got it all up & running but am struggling to find out what ports I should be using when solo mining. I've searched a few guides but, of course, they all say to use different ports  Tongue

If someone could give me a definitive answer as to what the rpcport, port & rpcallow settings should be I'd be eternally grateful & add you to my xmas card list.

I Promise  Grin

Peace.

If you download and use High Performance 11 (recommended) then all the default settings are there.

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October 02, 2013, 08:03:04 PM
 #3171

Hello guys/gals,

Bit of a noob to XPM I'm afraid to say - but weren't we all once upon a time? I'd like to solo mine on my machine while using it, I've got it all up & running but am struggling to find out what ports I should be using when solo mining. I've searched a few guides but, of course, they all say to use different ports  Tongue

If someone could give me a definitive answer as to what the rpcport, port & rpcallow settings should be I'd be eternally grateful & add you to my xmas card list.

I Promise  Grin

Peace.

If you download and use High Performance 11 (recommended) then all the default settings are there.

That's what I'm using. Can you tell me what the default settings are? ie: rpcallow, rpcport & port?

Thanks.

Edit: I don't use upnp for security reasons, so I need to know what to forward on my router.

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
Amazon UK BTC payment service - https://bitcointalk.org/index.php?topic=301229.0 - with FREE delivery!
http://www.ae911truth.org/ - http://rethink911.org/ - http://rememberbuilding7.org/
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October 02, 2013, 08:13:04 PM
 #3172

You don't need to set up any of those things.  It isn't like script mining where you have to go into the %appdata% folder.  Just open the debug window and setgenerate true and that will start the mining.
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October 02, 2013, 08:22:58 PM
 #3173

Oh dear.
OK, in order for the wallet to sync with the network, it has to connect through the router to the internet. Usually this is done with upnp automatic, but I don't use upnp, so I need to know what port to open on my router to allow the client to sync with the network.
I'm a noob to XPM, not to mining  Wink

Really, I simply would like to know what the default settings are the client uses, weather I need to know or have to know is irrelevant - I want to know  Cheesy

Thanks.

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
Amazon UK BTC payment service - https://bitcointalk.org/index.php?topic=301229.0 - with FREE delivery!
http://www.ae911truth.org/ - http://rethink911.org/ - http://rememberbuilding7.org/
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October 02, 2013, 09:12:47 PM
 #3174

Sorry - I guess I missed that part.  All of my peers are connected via port 9911.
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October 02, 2013, 09:19:53 PM
 #3175

No problem, 9911 it is for the port then - thanks.

One down, two to go......... Grin

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
Amazon UK BTC payment service - https://bitcointalk.org/index.php?topic=301229.0 - with FREE delivery!
http://www.ae911truth.org/ - http://rethink911.org/ - http://rememberbuilding7.org/
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October 02, 2013, 09:25:41 PM
 #3176

No problem, 9911 it is for the port then - thanks.

One down, two to go......... Grin

http://xpm.cryptocoinexplorer.com/

In the Technical Info box.
PatMan
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October 02, 2013, 09:30:13 PM
 #3177

No problem, 9911 it is for the port then - thanks.

One down, two to go......... Grin

http://xpm.cryptocoinexplorer.com/

In the Technical Info box.

Thank you dreamwatcher - you're on my xmas card list  Grin

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
Amazon UK BTC payment service - https://bitcointalk.org/index.php?topic=301229.0 - with FREE delivery!
http://www.ae911truth.org/ - http://rethink911.org/ - http://rememberbuilding7.org/
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October 02, 2013, 09:36:59 PM
 #3178

I think this coin should be renamed to VPScoin.

Pool mining this coin now using the vps's that I have, gives them something extra to do.
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October 07, 2013, 05:05:16 AM
 #3179

I fail to see how people make a profit on this coin now, even with carefully managed VPS. I have ceased mining at home on 9 machines now because I can't even reach 1/3rd of break even against electricity (Australia: $0.30/kWh).

Basically the way I now see it is you can only make a profit if:

- You have electricity that is free or almost too cheap to meter
- You are 'stealing' power and/or computer resources from work/college etc
- You have a botnet

BTC:1AaaAAAAaAAE2L1PXM1x9VDNqvcrfa9He6
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October 07, 2013, 05:25:44 AM
 #3180

I fail to see how people make a profit on this coin now, even with carefully managed VPS. I have ceased mining at home on 9 machines now because I can't even reach 1/3rd of break even against electricity (Australia: $0.30/kWh).

This would explain why difficulty doesn't go up for some time now. Even if new people learn about primecoin and start mining, the old miners drop out. So difficulty stays about the same.

How I've earned 0.088 BTC for making few forum posts on LetsTalkBitcoin
▄▄▄▄▄▄▄▄▄▄▄▄ https://bitcointalk.org/index.php?topic=707439.0 ▄▄▄▄▄▄▄▄▄▄▄▄
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