[XPM] Pool mining primecoin using DigitalOcean (VPS)

[n4ru]

We have a very, very long time to go before the block reward hits 6 XPM.

I dunno, reward was 15 XPM yesterday.

I don't think you understand how block reward and difficulty works.

Block reward is 999/diff^2.

Each whole number difficulty increase is a 30x increase in the amount of network power required to maintain the same block rate. Good luck reaching 810000x network power for a little while without ASICs. GPU miners won't get anywhere near that amount. Someone already explained why GPU mining is a 10x at best (and that's with CUDA), and because of VPS deployments GPU miners won't even make a dent in the network power since you'd have to buy new hardware.

[ivanlabrie]

We have a very, very long time to go before the block reward hits 6 XPM.

I dunno, reward was 15 XPM yesterday.

I don't think you understand how block reward and difficulty works.

Block reward is 999/diff^2.

Each whole number difficulty increase is a 30x increase in the amount of network power required to maintain the same block rate. Good luck reaching 810000x network power for a little while without ASICs. GPU miners won't get anywhere near that amount. Someone already explained why GPU mining is a 10x at best (and that's with CUDA), and because of VPS deployments GPU miners won't even make a dent in the network power since you'd have to buy new hardware.

Care to elaborate more on this, I can't seem to follow your math.

[Chuck]

Has anyone played with  -sievesize  and found a better # then the default ?

[itod]

We have a very, very long time to go before the block reward hits 6 XPM.

I dunno, reward was 15 XPM yesterday.

I don't think you understand how block reward and difficulty works.

Block reward is 999/diff^2.

Each whole number difficulty increase is a 30x increase in the amount of network power required to maintain the same block rate. Good luck reaching 810000x network power for a little while without ASICs. GPU miners won't get anywhere near that amount. Someone already explained why GPU mining is a 10x at best (and that's with CUDA), and because of VPS deployments GPU miners won't even make a dent in the network power since you'd have to buy new hardware.

Care to elaborate more on this, I can't seem to follow your math.

Let me try to see if I got that math straight: Block reward will hit 6 XPM when network difficulty reaches sqrt(999 / 6) = 12.9034879006

Have I won a cigar?

[subwolf]

Let me try to see if I got that math straight: Block reward will hit 6 XPM when network difficulty reaches sqrt(999 / 6) = 12.9034879006

Have I won a cigar?

1 XPM coming your way.

[itod]

Let me try to see if I got that math straight: Block reward will hit 6 XPM when network difficulty reaches sqrt(999 / 6) = 12.9034879006

Have I won a cigar?

1 XPM coming your way.

Thank you sir, received! I love these quiz-shows.

BTW, XPM transactions are so much faster confirming than BTC, it has to be some practical benefit from that.

[rigelugh]

How do i replace the ancient version with the new one, without delete/recreate my droplet? And keeping the same wallet

I replace it.  Here, lete me help you out some on linux.  I move the old files out and then create a new section.

primecoind stop
cd ~
mv primecoin old4
git clone https://github.com/mikaelh2/primecoin

cd ~/primecoin/src
make -f makefile.unix USE_UPNP=-
mkdir ~/.primecoin
echo "rpcuser=miner2
rpcpassword=test2
gen=1" > ~/.primecoin/primecoin.conf
sudo mv primecoind /usr/local/bin/.

primecoind --daemon

I don't understand. When I try to git the source, I get this:

Cloning into 'primecoin'...
error: The requested URL returned error: 502 Bad Gateway while accessing https://github.com/mikaelh2/primecoin/info/refs?service=git-upload-pack
fatal: HTTP request failed

Any recommendations?

[maco]

Try these fresh installation commands or upgrade commands with the new HIGH PERFORMANCE CLIENT for PRIMECOIN
http://www.primecoiner.com/primecoin-high-performance-linux-hp2-hp3/

[OnlyC]

How do i replace the ancient version with the new one, without delete/recreate my droplet? And keeping the same wallet

I replace it.  Here, lete me help you out some on linux.  I move the old files out and then create a new section.

primecoind stop
cd ~
mv primecoin old4
git clone https://github.com/mikaelh2/primecoin

cd ~/primecoin/src
make -f makefile.unix USE_UPNP=-
mkdir ~/.primecoin
echo "rpcuser=miner2
rpcpassword=test2
gen=1" > ~/.primecoin/primecoin.conf
sudo mv primecoind /usr/local/bin/.

primecoind --daemon

I don't understand. When I try to git the source, I get this:

Cloning into 'primecoin'...
error: The requested URL returned error: 502 Bad Gateway while accessing https://github.com/mikaelh2/primecoin/info/refs?service=git-upload-pack
fatal: HTTP request failed

Any recommendations?

github disable mikaelh's git. Try this: https://bitbucket.org/pankkake/mikaelh2-primecoin.git

[hendo420]

How do i replace the ancient version with the new one, without delete/recreate my droplet? And keeping the same wallet

I replace it.  Here, lete me help you out some on linux.  I move the old files out and then create a new section.

primecoind stop
cd ~
mv primecoin old4
git clone https://github.com/mikaelh2/primecoin

cd ~/primecoin/src
make -f makefile.unix USE_UPNP=-
mkdir ~/.primecoin
echo "rpcuser=miner2
rpcpassword=test2
gen=1" > ~/.primecoin/primecoin.conf
sudo mv primecoind /usr/local/bin/.

primecoind --daemon

I don't understand. When I try to git the source, I get this:

Cloning into 'primecoin'...
error: The requested URL returned error: 502 Bad Gateway while accessing https://github.com/mikaelh2/primecoin/info/refs?service=git-upload-pack
fatal: HTTP request failed

Any recommendations?

github disable mikaelh's git. Try this: https://bitbucket.org/pankkake/mikaelh2-primecoin.git

well thats fked. "excessive use of resources", lol

[blastbob]

You guys made the news

http://www.theregister.co.uk/2013/07/16/digitalocean_primecoin_cloud_problems/

[RandyFolds]

How do i replace the ancient version with the new one, without delete/recreate my droplet? And keeping the same wallet

I replace it.  Here, lete me help you out some on linux.  I move the old files out and then create a new section.

primecoind stop
cd ~
mv primecoin old4
git clone https://github.com/mikaelh2/primecoin

cd ~/primecoin/src
make -f makefile.unix USE_UPNP=-
mkdir ~/.primecoin
echo "rpcuser=miner2
rpcpassword=test2
gen=1" > ~/.primecoin/primecoin.conf
sudo mv primecoind /usr/local/bin/.

primecoind --daemon

I don't understand. When I try to git the source, I get this:

Cloning into 'primecoin'...
error: The requested URL returned error: 502 Bad Gateway while accessing https://github.com/mikaelh2/primecoin/info/refs?service=git-upload-pack
fatal: HTTP request failed

Any recommendations?

github disable mikaelh's git. Try this: https://bitbucket.org/pankkake/mikaelh2-primecoin.git

well thats fked. "excessive use of resources", lol

Swap file!

[96redformula]

Uh oh.  I have been paying Digital Ocean outright via paypal and they created a support ticket and flagged my account....

[Sunny King]

You guys made the news

http://www.theregister.co.uk/2013/07/16/digitalocean_primecoin_cloud_problems/

"We've actually never seen anything like it before," Mitch Wainer II, DigitalOcean's head of marketing, told El Reg via email. "This increase in usage was the equivalent of our normal growth that we would do in 90 days, now in 2 days. We temporarily disabled NY1 and AMS1 for only new customers. SF was always available for everyone."

[DigitalOcean capacity fail]
[Currency speculators floored two out of three of DigitalOcean's regions]

Over 18,000 people signed up to perform Primecoin mining, Wainer said. "Most customers were using a $10 promo code which allowed them to run a 512MB Droplet for 2 months." He confirmed that no DigitalOcean employee has been involved in promoting the cloud for its use among Primecoin devotees.

LOL you guys make me proud 

[notlist3d]

Love the article!!

[maco]

That's actually pretty amazing. DigitalOcean got tweets from a person who was 'giving them a heads up' about primecoiner's activity.. well, I guess the owner didn't care. After all, it's business, and they needed the customers, and hey, it's not against their terms of service (AUP) either, so... "let them mine", is what I was thinking they're thinking. hehe.

The Tweet I am referring to: https://twitter.com/digitalocean/status/354714047809191937

You guys made the news

http://www.theregister.co.uk/2013/07/16/digitalocean_primecoin_cloud_problems/

"We've actually never seen anything like it before," Mitch Wainer II, DigitalOcean's head of marketing, told El Reg via email. "This increase in usage was the equivalent of our normal growth that we would do in 90 days, now in 2 days. We temporarily disabled NY1 and AMS1 for only new customers. SF was always available for everyone."

[DigitalOcean capacity fail]
[Currency speculators floored two out of three of DigitalOcean's regions]

Over 18,000 people signed up to perform Primecoin mining, Wainer said. "Most customers were using a $10 promo code which allowed them to run a 512MB Droplet for 2 months." He confirmed that no DigitalOcean employee has been involved in promoting the cloud for its use among Primecoin devotees.

LOL you guys make me proud  

[ivanlabrie]

You guys made the news

http://www.theregister.co.uk/2013/07/16/digitalocean_primecoin_cloud_problems/

"We've actually never seen anything like it before," Mitch Wainer II, DigitalOcean's head of marketing, told El Reg via email. "This increase in usage was the equivalent of our normal growth that we would do in 90 days, now in 2 days. We temporarily disabled NY1 and AMS1 for only new customers. SF was always available for everyone."

[DigitalOcean capacity fail]
[Currency speculators floored two out of three of DigitalOcean's regions]

Over 18,000 people signed up to perform Primecoin mining, Wainer said. "Most customers were using a $10 promo code which allowed them to run a 512MB Droplet for 2 months." He confirmed that no DigitalOcean employee has been involved in promoting the cloud for its use among Primecoin devotees.

LOL you guys make me proud 

They shouldn't sell more than they can afford to provide...they still owe me 30 bucks from referrals.

[96redformula]

You guys made the news

http://www.theregister.co.uk/2013/07/16/digitalocean_primecoin_cloud_problems/

"We've actually never seen anything like it before," Mitch Wainer II, DigitalOcean's head of marketing, told El Reg via email. "This increase in usage was the equivalent of our normal growth that we would do in 90 days, now in 2 days. We temporarily disabled NY1 and AMS1 for only new customers. SF was always available for everyone."

[DigitalOcean capacity fail]
[Currency speculators floored two out of three of DigitalOcean's regions]

Over 18,000 people signed up to perform Primecoin mining, Wainer said. "Most customers were using a $10 promo code which allowed them to run a 512MB Droplet for 2 months." He confirmed that no DigitalOcean employee has been involved in promoting the cloud for its use among Primecoin devotees.

LOL you guys make me proud 

They shouldn't sell more than they can afford to provide...they still owe me 30 bucks from referrals.

How much did you get in referrals?

[superfluouso]

You guys made the news

http://www.theregister.co.uk/2013/07/16/digitalocean_primecoin_cloud_problems/

"We've actually never seen anything like it before," Mitch Wainer II, DigitalOcean's head of marketing, told El Reg via email. "This increase in usage was the equivalent of our normal growth that we would do in 90 days, now in 2 days. We temporarily disabled NY1 and AMS1 for only new customers. SF was always available for everyone."

[DigitalOcean capacity fail]
[Currency speculators floored two out of three of DigitalOcean's regions]

Over 18,000 people signed up to perform Primecoin mining, Wainer said. "Most customers were using a $10 promo code which allowed them to run a 512MB Droplet for 2 months." He confirmed that no DigitalOcean employee has been involved in promoting the cloud for its use among Primecoin devotees.

LOL you guys make me proud  

Today, I saw Amsterdam and New York were down for emergency service and my vps's in San Francisco had an increase in pps - not sure if related or not.  But did not result in a sudden windfall of XPM as I had hoped..Actually thinking of shutting down my servers as the blocks just aren't coming.  But then I see the price is increasing..

[nmersulypnem]

"We've actually never seen anything like it before," Mitch Wainer II, DigitalOcean's head of marketing, told El Reg via email. "This increase in usage was the equivalent of our normal growth that we would do in 90 days, now in 2 days. We temporarily disabled NY1 and AMS1 for only new customers. SF was always available for everyone."

[DigitalOcean capacity fail]
[Currency speculators floored two out of three of DigitalOcean's regions]

Over 18,000 people signed up to perform Primecoin mining, Wainer said. "Most customers were using a $10 promo code which allowed them to run a 512MB Droplet for 2 months." He confirmed that no DigitalOcean employee has been involved in promoting the cloud for its use among Primecoin devotees.

They had no limit on the use of the coupon, allowed a surge of customers to crash their network, and then called their new customers "idiots".  Hopefully they've taken twitter access away from that support guy.