pmconrad
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November 22, 2013, 10:16:13 AM |
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Now I don't believe that hiring VPS or buying 130,000 x 0.51 = 66300 quad core CPUs is either "cheap" or "realistic" for that matter.
Just nitpicking, but... to perform a 51% attack against an existing network of 130,000 CPUs you'll have to buy at least 130,001 CPUs. Oh, and I think this is absolutely realistic for a determined attacker, like some government that wants to destroy cryptocoins.
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Trillium
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November 22, 2013, 11:12:27 AM |
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Now I don't believe that hiring VPS or buying 130,000 x 0.51 = 66300 quad core CPUs is either "cheap" or "realistic" for that matter.
Just nitpicking, but... to perform a 51% attack against an existing network of 130,000 CPUs you'll have to buy at least 130,001 CPUs. Oh, and I think this is absolutely realistic for a determined attacker, like some government that wants to destroy cryptocoins. Ok you're right about the 130,001 I didnt really think that through. Sadly I will not indulge government coin-destruction scenarios / conspiracy theories, they're best left to the Newbies subforum.
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BTC:1AaaAAAAaAAE2L1PXM1x9VDNqvcrfa9He6
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satriani
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Activity: 93
Merit: 10
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November 24, 2013, 01:07:55 PM |
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can somebody look at this article: http://www.wired.com/wiredscience/2013/11/prime/all/it means that there is no large gap between large prime numbers ? and the prime numbers go to infinity? so this is very good news for primecoin? the PoW could be more safe then SHA256, right?
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ballot
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November 24, 2013, 04:36:29 PM |
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can anyone tell me how much xpm i can make @ pools by a normal i7 pc @24 hours as average?
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itod
Legendary
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Activity: 1974
Merit: 1076
^ Will code for Bitcoins
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November 24, 2013, 04:48:19 PM |
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it means that there is no large gap between large prime numbers ? and the prime numbers go to infinity? so this is very good news for primecoin? the PoW could be more safe then SHA256, right?
No.
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georgem
Legendary
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Activity: 1484
Merit: 1007
spreadcoin.info
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November 24, 2013, 07:06:25 PM Last edit: November 24, 2013, 07:41:25 PM by georgem |
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phew, so I finally made it.
It took me this whole weekend to read thru this whole thread (176+ pages), while I played with software and cpus. It was very interesting and informative.
I was able to set up some computers (4 at the moment, 27 cores total) running with h11 and making about 10'000 pps at the moment.
24 hours going, no block found yet with solomining.
I will keep solomining for at least a week now before I make a judgment.
Overall I can already say that I like this coin very much.
I like namecoins a lot, so I love primecoins because they are MORE than just a coin.
Great job, mr sunny king!
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maco
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November 25, 2013, 05:06:08 AM |
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phew, so I finally made it.
It took me this whole weekend to read thru this whole thread (176+ pages), while I played with software and cpus. It was very interesting and informative.
I was able to set up some computers (4 at the moment, 27 cores total) running with h11 and making about 10'000 pps at the moment.
24 hours going, no block found yet with solomining.
I will keep solomining for at least a week now before I make a judgment.
Overall I can already say that I like this coin very much.
I like namecoins a lot, so I love primecoins because they are MORE than just a coin.
Great job, mr sunny king!
Welcome to the community and thanks for educating yourself... it sounds like you know what you are getting into. Please feel free to let me know or the community if you have any questions at all.. Everyone around primecoin is very helpful. Also, check out http://primecointalk.org for more specific details about XPM and PPC
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api
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November 25, 2013, 05:59:01 AM |
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Can't mining. please send some coins Abh2fVwMN6z3dwg12S4sSkdYfVjdJYK1CK Thanks
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georgem
Legendary
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Activity: 1484
Merit: 1007
spreadcoin.info
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November 25, 2013, 02:15:38 PM |
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Welcome to the community and thanks for educating yourself... it sounds like you know what you are getting into. Please feel free to let me know or the community if you have any questions at all.. Everyone around primecoin is very helpful. Also, check out http://primecointalk.org for more specific details about XPM and PPC Thank you, I will check it out. also: today is a good day: made my first 10 XPM, on the 3000 pps machine after about 2,5 days. It works! :-)
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Tamis
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November 25, 2013, 04:22:23 PM |
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Price shooting up again !
Any special reason for this that I missed ? Is 0.006 possible guys ?
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georgem
Legendary
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Activity: 1484
Merit: 1007
spreadcoin.info
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November 25, 2013, 04:24:05 PM |
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Price shooting up again !
Any special reason for this that I missed ? Is 0.006 possible guys ?
Anything is possible in cryptocurrencies.
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ZetaOS
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November 25, 2013, 05:06:57 PM |
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georgem
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spreadcoin.info
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November 25, 2013, 05:41:41 PM |
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Well if we look at cloud-miner cex.io, they state in their FAQ, they only offer BTC mining (and merge mining NMC, DEV and IXC) https://cex.io/faqSince their whole businessmodel is based on GigaHashes I doubt they will implement PrimesPerSecond. But why not ask them directly. https://cex.io/trade/support
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itod
Legendary
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Activity: 1974
Merit: 1076
^ Will code for Bitcoins
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November 25, 2013, 05:46:22 PM |
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Price shooting up again !
Any special reason for this that I missed ? Is 0.006 possible guys ?
I doubt it, just check the volumes on the charts. Somebody is pumping XPM hard, only in last 24h bought over 80.000 XPM on MCXNow only, not counting other exchanges. It's unsustainable tactics in the long run, probably classic pump/dump to get quick BTC profits from the move.
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Tamis
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November 25, 2013, 05:49:10 PM Last edit: November 25, 2013, 06:21:14 PM by Tamis |
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Price shooting up again !
Any special reason for this that I missed ? Is 0.006 possible guys ?
I doubt it, just check the volumes on the charts. Somebody is pumping XPM hard, only in last 24h bought over 80.000 XPM on MCXNow only, not counting other exchanges. It's unsustainable tactics in the long run, probably classic pump/dump to get quick BTC profits from the move. Well I still have 2k XPM left from mining and am enjoying the ride so far ! Let's see how high this is going to go 0.00436999 oO This is just crazy !
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pabloangello
Legendary
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Activity: 1344
Merit: 1001
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November 25, 2013, 06:24:05 PM |
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Chinese start to diversify their wallets into cryptos. It can get high ;p
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Tamis
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November 25, 2013, 06:36:03 PM |
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Chinese start to diversify their wallets into cryptos. It can get high ;p
You could be right !! But the fact this is mostly on mcxnow makes me think of the classic pump/dumb cycles we see there... I'll try to surf this wave as best as I can.
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pabloangello
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Activity: 1344
Merit: 1001
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November 25, 2013, 06:36:55 PM |
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Chinese start to diversify their wallets into cryptos. It can get high ;p
You could be right !! But the fact this is mostly on mcxnow makes me think of the classic pump/dumb cycles we see there... I'll try to surf this wave as best as I can. Whatever if everything rises in the long run anyway :p
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minerbug
Newbie
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Activity: 28
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November 25, 2013, 08:10:56 PM |
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Hey, how can i change the blockainfolder? I dont want to sve them in c:...appdata. can somebody help?
and yeah ive already tried with "-datadir....", doesnt accept and dont know why =/
And by the way, where can i buy some XPM coins?
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Sy
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Merit: 1003
Bounty Detective
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November 26, 2013, 09:21:42 AM |
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Hey, how can i change the blockainfolder? I dont want to sve them in c:...appdata. can somebody help?
and yeah ive already tried with "-datadir....", doesnt accept and dont know why =/
And by the way, where can i buy some XPM coins?
-datadir=Primecoin is the way to do it, it will create a Primecoin folder in the folder you've started it in and put everything in there.
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