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Author Topic: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency  (Read 687910 times)
Scott J
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October 13, 2013, 03:33:05 PM
 #3181

Could anyone please explain the following to me (as a complete mining newbie):

Probable prime chain found for block=5b0a89e3b4ed2e2538ec1b2477286e07d90febab83f
789251273539f4538bea7!!
Target: 09.e76ce5
Chain: 1CC07.d57d45

 Smiley
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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satriani
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October 13, 2013, 06:33:36 PM
 #3182

Prime is on btc-e now Smiley 1st transaction 0,01
maco
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October 13, 2013, 06:36:39 PM
 #3183

XPM on BTC-e

https://twitter.com/primecoiner/status/389457554662637568

Follow all current Primecoin XPM events, news, and media awareness through @ http://twitter.com/Primecoiner

Official Thread: https://bitcointalk.org/index.php?topic=305956
ehalvers
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October 13, 2013, 09:30:44 PM
 #3184

Hey guys!

New to Primecoin and was wondering if you guys could help me get started. I'm mining away at ypool and was trying to get my wallet set up, but I cant seem to get it to sync. Are there certain things I need in the conf? It seems to me like this coin is a little different then most alt-coins.

Thanks!

What kind of gear do you have? I'd suggest you try all three pools to figure out which is best for you.
There's beeeeer.org and a chinese one AFAIK.

I'm currently mining on 2 Intel i7 2.30 GHz. Not much but its enough, I've tried all the pools and ypool seems to be giving me the best result.

Downloaded the primecoin-qt just can't seem to connect to the network

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vindimy
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October 14, 2013, 06:50:42 AM
 #3185

XPM on BTC-e

https://twitter.com/primecoiner/status/389457554662637568

Follow all current Primecoin XPM events, news, and media awareness through @ http://twitter.com/Primecoiner

Official Thread: https://bitcointalk.org/index.php?topic=305956

Good stuff Cheesy

hawas
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October 14, 2013, 10:09:18 AM
 #3186

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

- You have somewhat cheap electricity (i.e. %0.05/kWh), and you decide to continue mining and hold Smiley

P.S More powerful processors have much better CPD/power ratios. One 2CPD machine is way better than 2 1CPD ones.
Trillium
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October 14, 2013, 11:14:19 AM
 #3187

Quote
P.S More powerful processors have much better CPD/power ratios. One 2CPD machine is way better than 2 1CPD ones.

Yes I have a pile of old servers next to me with P4 and core 2 duo equivalent Xeons in them (about 20 CPUs in total) which use about 3 kW in power and they have about as much combined computational power as a i7 4770k...

BTC:1AaaAAAAaAAE2L1PXM1x9VDNqvcrfa9He6
mikaelh
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October 14, 2013, 11:20:07 AM
 #3188

Downloaded the primecoin-qt just can't seem to connect to the network

The seed nodes are probably overloaded because of the amount of people joining the network again.

You can use my backup seed node by putting this in your primecoin.conf:
Code:
seednode=primeseed.muuttuja.org
superresistant
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October 14, 2013, 12:59:26 PM
 #3189

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

There is no way so much people have access to free electricity.
lemons
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October 14, 2013, 01:18:42 PM
 #3190

Have official explorer or blockchain info  ?
CaptChadd
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October 15, 2013, 09:35:36 AM
 #3191

I am mining XPM with 18 cores in total on yPool. 2 x AMD 6300 6 core, 1 x 4 core I5 3GHZ and 2 x VPS 1 core each.

What should I expect roughly each day? Is 18 cores enough?
CaptChadd
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October 16, 2013, 03:16:20 PM
 #3192

Well i managed to get upto 25 cores and got 2 Primecoins in a day so far on the ypool, so far so good.
Scott J
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October 16, 2013, 03:23:58 PM
 #3193

Well i managed to get upto 25 cores and got 2 Primecoins in a day so far on the ypool, so far so good.
I'm getting close to that on my intel i5 on beeeeer.org - might be worth seeing if you have better results?

http://beeeeer.org/
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October 16, 2013, 03:39:34 PM
 #3194

Well i managed to get upto 25 cores and got 2 Primecoins in a day so far on the ypool, so far so good.
I'm getting close to that on my intel i5 on beeeeer.org - might be worth seeing if you have better results?

http://beeeeer.org/

Are there many miners on that pool?
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October 16, 2013, 03:42:26 PM
 #3195

Well i managed to get upto 25 cores and got 2 Primecoins in a day so far on the ypool, so far so good.
I'm getting close to that on my intel i5 on beeeeer.org - might be worth seeing if you have better results?

http://beeeeer.org/

Are there many miners on that pool?

about 8600 miners right now.
CaptChadd
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October 16, 2013, 03:44:30 PM
 #3196

Well i managed to get upto 25 cores and got 2 Primecoins in a day so far on the ypool, so far so good.
I'm getting close to that on my intel i5 on beeeeer.org - might be worth seeing if you have better results?

http://beeeeer.org/

Are there many miners on that pool?

about 8600 miners right now.

Is there a better pool miner that jhpoolminer.exe or do I have the best?
paymetodostuff
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October 16, 2013, 03:48:14 PM
 #3197

To mine at beeeer use the miner that he has in the first thread here: http://www.ppcointalk.org/index.php?topic=485.0

I can say from personal experience that I get significantly more from beeeer than I do at ypool.
satriani
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October 16, 2013, 04:31:03 PM
 #3198

PrimeCoin needs GPU miner as soon as possible to reduce reward by half.

is it possible to make ASIC miner for PrimeCoin ? anybody know technical issue of this ?
smolen
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October 16, 2013, 05:26:20 PM
 #3199

is it possible to make ASIC miner for PrimeCoin ? anybody know technical issue of this ?
http://www-mtl.mit.edu/researchgroups/icsystems/pubs/conferences/2001/goodman_isscc01_slides.pdf

Of course I gave you bad advice. Good one is way out of your price range.
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October 16, 2013, 05:28:21 PM
 #3200

PrimeCoin needs GPU miner as soon as possible to reduce reward by half.

is it possible to make ASIC miner for PrimeCoin ? anybody know technical issue of this ?
Harder said than done. Yes it is possible. No, someone will not create an ASIC miner for Primecoin, at least not in the next year or two. An ASIC requires at least $1 million to get off the ground.

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