Trillium
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September 03, 2013, 10:45:00 AM |
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After the gpu miner apparent failure, it seems that difficulty is kinda stagnated. "blocks" : 147833, "difficulty" : 9.85310471, "blocks" : 147834, "difficulty" : 9.85307074, "blocks" : 147837, "difficulty" : 9.85310775, "blocks" : 147838, "difficulty" : 9.85310000, "blocks" : 147839, "difficulty" : 9.85312480, "blocks" : 147841, "difficulty" : 9.85307729, "blocks" : 147843, "difficulty" : 9.85294372,
Even getting lower. Yeah it has been struggling to approach 10.00 for days, I think it will take maybe a week or more to reach it even if it raised continuously from now on. As was explained in a recent blog piece, diff adjusts relatively slowly so it'll take days or weeks to see the effects of GPU mining. I note that the main thread(s) discussing the GPU miner have degenerated in a shit storm, because apparently the GPU miner doesn't perform to the arbitrary expectations of the donors. I say tuff titties. I recall calling that, weeks ago. The creator even freely admitted that the performance would be hard to determine (this was before most people had donated). I will be continuing to mine on CPU for now. If/when the GPU miner is released openly then I'll probably run it on a few systems. But I continue to look forward to mikaelh's releases.
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BTC:1AaaAAAAaAAE2L1PXM1x9VDNqvcrfa9He6
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vinne81
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September 03, 2013, 10:47:19 AM |
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After the gpu miner apparent failure, it seems that difficulty is kinda stagnated. "blocks" : 147833, "difficulty" : 9.85310471, "blocks" : 147834, "difficulty" : 9.85307074, "blocks" : 147837, "difficulty" : 9.85310775, "blocks" : 147838, "difficulty" : 9.85310000, "blocks" : 147839, "difficulty" : 9.85312480, "blocks" : 147841, "difficulty" : 9.85307729, "blocks" : 147843, "difficulty" : 9.85294372,
Even getting lower. Yeah it has been struggling to approach 10.00 for days, I think it will take maybe a week or more to reach it even if it raised continuously from now on. As was explained in a recent blog piece, diff adjusts relatively slowly so it'll take days or weeks to see the effects of GPU mining. I note that the main thread(s) discussing the GPU miner have degenerated in a shit storm, because apparently the GPU miner doesn't perform to the arbitrary expectations of the donors. I say tuff titties. I recall calling that, weeks ago. The creator even freely admitted that the performance would be hard to determine (this was before most people had donated). I will be continuing to mine on CPU for now. If/when the GPU miner is released openly then I'll probably run it on a few systems. But I continue to look forward to mikaelh's releases. mikaelh = the man mtrlt = not so much
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atariguy
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September 03, 2013, 12:09:16 PM |
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So - how are all the amazon and vps user doing? Still profitable?
I recently tried the Azure free trial ($200 worth) and got a measly 50 XPM out of it.
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jubalix
Legendary
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Activity: 2660
Merit: 1023
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September 03, 2013, 12:15:50 PM |
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So - how are all the amazon and vps user doing? Still profitable?
I recently tried the Azure free trial ($200 worth) and got a measly 50 XPM out of it. cant help but wonder if this 50 xpm is going to be like 50 BTC one day.....
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itod
Legendary
Offline
Activity: 1988
Merit: 1077
Honey badger just does not care
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September 03, 2013, 12:18:06 PM |
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If/when the GPU miner is released openly then I'll probably run it on a few systems. It has been released, compiled version and the source are everywhere, you have a link in that thread. Problem is that code needs decent opensource treatment, it was obviously only tested on developer's machine and nowhere else. No wonder it breaks running after few seconds on many machines.
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itod
Legendary
Offline
Activity: 1988
Merit: 1077
Honey badger just does not care
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September 03, 2013, 12:22:45 PM |
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cant help but wonder if this 50 xpm is going to be like 50 BTC one day.....
Just out of curiosity: Why would any altcoin be anything close to worth as BTC? Why would anyone use altcoin (XPM) for transactions rather than: - tested, - scalable, - 51% attack resistant, BTC?
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mhps
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September 03, 2013, 01:18:43 PM |
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cant help but wonder if this 50 xpm is going to be like 50 BTC one day.....
Right. For example when BTC is a half dollar a piece. Price of anything goes both ways. Just out of curiosity: Why would any altcoin be anything close to worth as BTC? Why would anyone use altcoin (XPM) for transactions rather than: - tested, - scalable, - 51% attack resistant, BTC?
Because BTC is a lightning rod that attract all sort of attention and attacks? Because BTC is less than 5 years old and 5 years is not much in IT world? Because BTC gives too much advantage to early adopters so the "haves" are bound to be overwhelmed politically by the "have-nots"?
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ReCat
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September 03, 2013, 02:35:53 PM |
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So - how are all the amazon and vps user doing? Still profitable?
I recently tried the Azure free trial ($200 worth) and got a measly 50 XPM out of it. cant help but wonder if this 50 xpm is going to be like 50 BTC one day..... Not happening. However, what is possible is that BTC rises even further, and XPM rises to what BTC is now.
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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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mhps
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September 03, 2013, 03:16:07 PM |
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Because BTC is a lightning rod that attract all sort of attention and attacks? Because BTC is less than 5 years old and 5 years is not much in IT world? Because BTC gives too much advantage to early adopters so the "haves" are bound to be overwhelmed politically by the "have-nots"?
Altcoins are no different. They are just more vulnerable. Altcoins are not one coin. They collectively are a continuum entity that is diverse and difficult to kill. Bitcoin is now the cathedral. The altcoins the barzar.
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binaryFate
Legendary
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Activity: 1512
Merit: 1012
Still wild and free
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September 03, 2013, 03:25:49 PM |
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Because BTC is a lightning rod that attract all sort of attention and attacks? Because BTC is less than 5 years old and 5 years is not much in IT world? Because BTC gives too much advantage to early adopters so the "haves" are bound to be overwhelmed politically by the "have-nots"?
Altcoins are no different. They are just more vulnerable. Altcoins are not one coin. They collectively are a continuum entity that is diverse and difficult to kill. Bitcoin is now the cathedral. The altcoins the barzar. Or they are the small-scale cathedrals made of shity shiny plastic that some random guys try to sell you in front of real cathedrals. You decide to buy one and leave it happily on top of your fireplace, but its value only comes from the existence of the real cathedral. </stupid_analogy>
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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Lauda
Legendary
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Activity: 2674
Merit: 2970
Terminated.
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September 03, 2013, 04:12:34 PM |
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Because BTC is a lightning rod that attract all sort of attention and attacks? Because BTC is less than 5 years old and 5 years is not much in IT world? Because BTC gives too much advantage to early adopters so the "haves" are bound to be overwhelmed politically by the "have-nots"?
Altcoins are no different. They are just more vulnerable. You can't speak for all altcoins. *looks at POS coins*.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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Sy
Legendary
Offline
Activity: 1484
Merit: 1003
Bounty Detective
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September 03, 2013, 04:25:04 PM |
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I'm hardly finding any blocks this week compared to the last one, unlucky or did something major change?
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ReCat
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September 03, 2013, 04:28:11 PM |
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I'm hardly finding any blocks this week compared to the last one, unlucky or did something major change?
I found one since I started mining on my personally-owned server about 3 days ago.
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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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Sy
Legendary
Offline
Activity: 1484
Merit: 1003
Bounty Detective
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September 03, 2013, 05:02:22 PM |
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I'm hardly finding any blocks this week compared to the last one, unlucky or did something major change?
I found one since I started mining on my personally-owned server about 3 days ago. Okay - i found 9 blocks last week, then none for 4 days, 3 yesterday and thats it - but since i'm still way above ypool avg of 4 xpm per day, still good
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crendore
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September 03, 2013, 05:02:40 PM |
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I'm hardly finding any blocks this week compared to the last one, unlucky or did something major change?
I found one since I started mining on my personally-owned server about 3 days ago. It's funny how you keep saying "personally-owned" over and over again. Almost like you're trying to hide the fact that you pwnd some box.
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one4many
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September 03, 2013, 05:06:38 PM |
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I'm hardly finding any blocks this week compared to the last one, unlucky or did something major change?
I guess too many people trying their luck (or wasting their money on VPS). Just sit and wait ... the VPS guys will burn all the money they made (initially) before they give up. I call that human stubbornness ... In 1 or 2 months (wild guess of mine) the situation is "stable". Stable means the money you spend on electricity is the money you get back in coins (if you live in a place where power is cheap). Happy mining/burning ... one4many
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itod
Legendary
Offline
Activity: 1988
Merit: 1077
Honey badger just does not care
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September 03, 2013, 07:07:49 PM |
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Just out of curiosity: Why would any altcoin be anything close to worth as BTC? Why would anyone use altcoin (XPM) for transactions rather than: - tested, - scalable, - 51% attack resistant, BTC?
Because BTC is a lightning rod that attract all sort of attention and attacks? Because BTC is less than 5 years old and 5 years is not much in IT world? Because BTC gives too much advantage to early adopters so the "haves" are bound to be overwhelmed politically by the "have-nots"? That lightning rod is firmly placed in the ground so all lightnings harmlessly go away. Unlikely for altcoins which if get struck may burn in flames. I think your last remark about "advantage to early adopters" is the key for altcoins popularity, many Johnny-come-latelies would like to be as cool as BTC pioneers who paid 10.000 BTC for a pizza. There is only one original which caries the technology & politics of crypto-currency. But we are already heavily off-topic.
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sumantso
Legendary
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Activity: 1050
Merit: 1000
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September 04, 2013, 03:41:56 PM |
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Holy seven hells fuck - I got 3 blocks today in a space of 10 hours minining on a Core i5 The last block before this bonanza was mined on 5th August. Maybe I should just turn it off and fire it up on 2-3 October. EDIT: Off-topic - how does one import the private keys? I have two blocks - one mined on my laptop and another on a friends PC ages back -and I would like to consolidate in my this wallet preserving the time stamp. Is it possible?
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Tamis
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September 04, 2013, 03:57:37 PM |
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EDIT: Off-topic - how does one import the private keys? I have two blocks - one mined on my laptop and another on a friends PC ages back -and I would like to consolidate in my this wallet preserving the time stamp. Is it possible?
primecoind listtransactions primecoind dumpprivkey <address> primecoind importprivkey <privkey>
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sumantso
Legendary
Offline
Activity: 1050
Merit: 1000
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September 04, 2013, 04:01:37 PM |
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Holy seven hells fuck - I got 3 blocks today in a space of 10 hours minining on a Core i5 The last block before this bonanza was mined on 5th August. Maybe I should just turn it off and fire it up on 2-3 October. EDIT: Off-topic - how does one import the private keys? I have two blocks - one mined on my laptop and another on a friends PC ages back -and I would like to consolidate in my this wallet preserving the time stamp. Is it possible? primecoind listtransactions primecoind dumpprivkey <address> primecoind importprivkey <privkey> Thanks Will that preserve the timestamp?
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