markm
Legendary
Offline
Activity: 2954
Merit: 1090
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 18, 2013, 10:23:10 PM |
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Of course its not, any more than lotteries are! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) -MarkM-
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ivanlabrie
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 18, 2013, 10:54:15 PM |
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markm, woke up sarcastic today huh? :p
I agree that it's a gamble atm...hard to compete with the big dogs solo, but well, give it some time folks. I'm gonna keep cpu mining with my vps till I get my new cpu+mobo combo and my vps credit runs out.
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ReCat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 18, 2013, 11:08:31 PM |
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Gamble of what? Even if you find only one block every 20 days it is still profitable. Mining costs you nothing unless if you're an idiot and you're renting a VPN/server. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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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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Plazma
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 18, 2013, 11:56:02 PM |
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Market cap rank 5 now. http://coinmarketcap.com/also only coin in top 15 to show growth last 24h.
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BTC: 1A1Mwjfw2mTko4N2UuVQ3RK4hXJunsPA3j XMP: AcT3PK4wofjCMt6irN4HXENUqPvoBJRWk3
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Vigil
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 12:24:10 AM |
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I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.
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reb0rn21
Legendary
Offline
Activity: 1900
Merit: 1024
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 01:22:05 AM |
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What happened?
 { "blocks" : 63415, "currentblocksize" : 90506, "currentblocktx" : 1, "errors" : "", "generate" : true, "genproclimit" : 4, "primespersec" : 957, "pooledtx" : 1, "testnet" : false }
PPS dropped by 500% and blocksize went up from 1000 to 90506?
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mustyoshi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 01:31:28 AM |
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What happened?
 { "blocks" : 63415, "currentblocksize" : 90506, "currentblocktx" : 1, "errors" : "", "generate" : true, "genproclimit" : 4, "primespersec" : 957, "pooledtx" : 1, "testnet" : false }
PPS dropped by 500% and blocksize went up from 1000 to 90506?
Spam transactions.
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hasle2
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 01:36:52 AM |
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Anyone have any idea why every other coin in the top 10 tanked at the same time? People jumping into xpm or something else?
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ReCat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 01:41:00 AM |
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What happened?
 { "blocks" : 63415, "currentblocksize" : 90506, "currentblocktx" : 1, "errors" : "", "generate" : true, "genproclimit" : 4, "primespersec" : 957, "pooledtx" : 1, "testnet" : false }
PPS dropped by 500% and blocksize went up from 1000 to 90506?
Spam transactions. What are the consequences of this?
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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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mustyoshi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 01:41:54 AM |
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I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.
If all you care about is profit, then yeah. What happened?
 { "blocks" : 63415, "currentblocksize" : 90506, "currentblocktx" : 1, "errors" : "", "generate" : true, "genproclimit" : 4, "primespersec" : 957, "pooledtx" : 1, "testnet" : false }
PPS dropped by 500% and blocksize went up from 1000 to 90506?
Spam transactions. What are the consequences of this? Blockchain bloat. I looked at the transactions and they are not even to the same address so idk what it's for.
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RustyShackleford1950
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 01:45:38 AM |
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Anyone have any idea why every other coin in the top 10 tanked at the same time? People jumping into xpm or something else? Most coins are tied to bitcoin, wherever bitcoin goes, the others follow
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On keyboard, the big d, rusty shackleford
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reb0rn21
Legendary
Offline
Activity: 1900
Merit: 1024
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 01:49:28 AM |
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happened again i see it by CPU usage drop from 100% to ~65%
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qiuness
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 01:54:23 AM |
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QQ: is it worth mining with Amazon EC2? Anyone doing it?
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Vigil
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 02:16:29 AM |
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I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.
If all you care about is profit, then yeah. Well, that is why the vast majority of people are mining.
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mustyoshi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 02:17:18 AM |
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I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.
If all you care about is profit, then yeah. Well, that is why the vast majority of people are mining. I keep forgetting how rare altruistic ideals are.
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Eli0t
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 03:36:15 AM |
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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. hold on a min, so now it is 900x harder to mine blocks that at the start? well i think it was 7.6 when i started so no wonder the blocks have stopped for me. Wow, need a pool asap. The genesis block was difficulty 6.0, block 2 was difficulty 7.0 and it ramped up incrementally from then on. it actually dipped slightly below 7 by block 16 (i know cause i found it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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LTC: LKpJf3uk7KsHU73kxq8iFJrP1AAKN7Yni7 DGC: DKXGvEbj3Rwgrm2QQbRyNPDDZDYoq4Y44d XPM: AWV5AKfLFyoBaMjg9C77rGUBhuFxz5DGGL
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ReCat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 03:50:49 AM |
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I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.
If all you care about is profit, then yeah. Well, that is why the vast majority of people are mining. I keep forgetting how rare altruistic ideals are. unprofitable things simply can not sustain themselves. its not about being a good person.
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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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RustyShackleford1950
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 04:13:57 AM |
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I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.
If all you care about is profit, then yeah. Well, that is why the vast majority of people are mining. I keep forgetting how rare altruistic ideals are. unprofitable things simply can not sustain themselves. its not about being a good person. Except for everything that's free, non-profit organisations, charities, etc.
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On keyboard, the big d, rusty shackleford
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ReCat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 19, 2013, 04:18:59 AM |
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I don't really understand. with the xpm difficulty and reward like it is, it doesn't seem like it will be worth mining soon.
If all you care about is profit, then yeah. Well, that is why the vast majority of people are mining. I keep forgetting how rare altruistic ideals are. unprofitable things simply can not sustain themselves. its not about being a good person. Except for everything that's free, non-profit organisations, charities, etc. Non-profit organization is a legal term. it just means that the organization is not a business. but it still has to generate profit, as in, NET income, in order to sustain itself. Generally in the form of donations or sponsorships. Charities are the same.
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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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