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Author Topic: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency  (Read 687907 times)
Vitalik Buterin
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July 08, 2013, 04:27:49 AM
 #381

Yay!

{
"blocks" : 787,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"primespersec" : 1,
"pooledtx" : 0,
"testnet" : false
}

Mining on laptops is fun.

Argumentum ad lunam: the fallacy that because Bitcoin's price is rising really fast the currency must be a speculative bubble and/or Ponzi scheme.
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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TheSpiral
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July 08, 2013, 04:28:10 AM
 #382

Well whatdayaknow, I got my first mined block just now, hah.
Nice, grats. Anyone have an equation for the block reward? I've skimmed through, didn't find anything though.
Seems it's going down gradually, but I'm not sure of the full trajectory.
I got 20.33 for my block, but it was fairly early on.
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July 08, 2013, 04:29:32 AM
 #383

CPUID checks. Hostname checks. Server specific information checks. It's not hard.

With the code on github it would have to be obfuscated somehow. Care to point out what you think it is? I would be astonished if he intentionally broke virtual CPUs. That is just rewarding botnets and punishing everyone else.
heh, heh heh.
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July 08, 2013, 04:31:49 AM
 #384

Sunny, theoretically, won't the primes get bigger as we find more of them, so that it's impossible to maintain a uniform time in between blocks?  So that in fact, if the network hash rate remains constant over some period of time, difficulty will adjust lower?

Difficulty is measured by chain length, not by prime sizes. Block spacing is maintained via continuous difficulty adjustment.

Sunny, I keep observing periods where the block spacing is ~30seconds instead of ~60seconds, yet the difficulty isn't increasing by a corresponding factor.

Example period where block spacing is ~30seconds:
Code:
block 665 creation time = July 8, 2013, 04:11:39 difficulty = 7.03636408
block 675 creation time = July 8, 2013, 04:17:56 difficulty = 7.03710973

It has been a long time since blocks were spaced according to your specification so it would appear the variable difficulty should be set higher.

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July 08, 2013, 04:39:01 AM
 #385

Well whatdayaknow, I got my first mined block just now, hah.



Hey guys, I got notification from the icon saying I got one block. But I couldn't find it in "transaction" or the "unconfirmed" amount.

What is the problem? Orphan?

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July 08, 2013, 04:41:02 AM
 #386

Well whatdayaknow, I got my first mined block just now, hah.


Hey guys, I got notification from the icon saying I got one block. But I couldn't find it in "transaction" or the "unconfirmed" amount.

What is the problem? Orphan?
Yeah, if nothing's in your transaction list, it's an orphan. Bad luck.
grc
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July 08, 2013, 04:42:50 AM
 #387

Well whatdayaknow, I got my first mined block just now, hah.


Hey guys, I got notification from the icon saying I got one block. But I couldn't find it in "transaction" or the "unconfirmed" amount.

What is the problem? Orphan?
Yeah, if nothing's in your transaction list, it's an orphan. Bad luck.

You could type "listtransactions" in the debug console just to be sure.
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July 08, 2013, 04:43:48 AM
 #388

Man, if PrimeCoin managed to punish for using cloud instances and server-class CPUs, that's an incredible feat, must have obfuscated it quite well! Curious to see how this develops. Smiley

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July 08, 2013, 04:46:17 AM
 #389

Well whatdayaknow, I got my first mined block just now, hah.


Hey guys, I got notification from the icon saying I got one block. But I couldn't find it in "transaction" or the "unconfirmed" amount.

What is the problem? Orphan?
Yeah, if nothing's in your transaction list, it's an orphan. Bad luck.

You could type "listtransactions" in the debug console just to be sure.

Thanks mate. Orphan confirmed. I was so excited just now.....

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July 08, 2013, 04:48:59 AM
 #390

Sunny, theoretically, won't the primes get bigger as we find more of them, so that it's impossible to maintain a uniform time in between blocks?  So that in fact, if the network hash rate remains constant over some period of time, difficulty will adjust lower?

Difficulty is measured by chain length, not by prime sizes. Block spacing is maintained via continuous difficulty adjustment.

Sunny, I keep observing periods where the block spacing is ~30seconds instead of ~60seconds, yet the difficulty isn't increasing by a corresponding factor.

Example period where block spacing is ~30seconds:
Code:
block 665 creation time = July 8, 2013, 04:11:39 difficulty = 7.03636408
block 675 creation time = July 8, 2013, 04:17:56 difficulty = 7.03710973

It has been a long time since blocks were spaced according to your specification so it would appear the variable difficulty should be set higher.


I noticed it's going pretty quickly as well. Maybe some big power starting to jump on.
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July 08, 2013, 04:52:03 AM
 #391

Man, if PrimeCoin managed to punish for using cloud instances and server-class CPUs, that's an incredible feat, must have obfuscated it quite well! Curious to see how this develops. Smiley

+1

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July 08, 2013, 04:55:34 AM
 #392

It's surely not server class CPU's. I'm mining away on my personally owned rack server.  I think they're just detecting big cloud instances. Anyways, It's a great idea. No scumbag instamine!

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Sunny King (OP)
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July 08, 2013, 05:14:19 AM
 #393


Sunny, I keep observing periods where the block spacing is ~30seconds instead of ~60seconds, yet the difficulty isn't increasing by a corresponding factor.

Example period where block spacing is ~30seconds:
Code:
block 665 creation time = July 8, 2013, 04:11:39 difficulty = 7.03636408
block 675 creation time = July 8, 2013, 04:17:56 difficulty = 7.03710973

It has been a long time since blocks were spaced according to your specification so it would appear the variable difficulty should be set higher.


Difficulty adjustment is designed to be reasonably slow for security reasons. So in the first few days there may be some rush and higher orphan rate. Give it a few days the interests should level out.
96redformula
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July 08, 2013, 05:17:36 AM
 #394

Strange enough my i5 can't find anything, but my ivy bridge celeron is finding them, two so far.
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July 08, 2013, 05:19:46 AM
 #395

running on 3 hosts in a cloud, 1 core each, since launch found nothing..
coinerd
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July 08, 2013, 05:35:47 AM
 #396

... I'm mining away on my personally owned rack server.  ... No scumbag instamine!


ohhh the irony!
drummerjdb666
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July 08, 2013, 06:15:26 AM
 #397

I've found two blocks in the past ten hours

I'm curious to see other people's speeds.. this is the fastest I have seen my I7  I'm only @ 4.372


02:09:38

{
"blocks" : 943,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"errors" : "",
"generate" : true,
"genproclimit" : 6,
"primespersec" : 232,
"pooledtx" : 0,
"testnet" : false
}
n4ru
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July 08, 2013, 06:19:41 AM
 #398

Hm. I appear to be generating; I use setgenerate true.

But nothing appears to be mined after about an hour.

Difficulty already high?
loloman
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July 08, 2013, 06:21:54 AM
 #399

I have 4 PCs, ~150 primes/s each, only 20 XPM after 10 hours.
WTF  Sad
Tuck Fheman
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July 08, 2013, 06:56:05 AM
 #400

I've been following Primecoins progress and I'm excited to see where it ends up. It appears to be the answer to the (other cryptocurrencies) pundits issues.

Mining with i7 3.22 @ 104 primespersec (incrementally increasing slowly).


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