[ANN][RIC] Riecoin: constellations POW *CPU* HARD FORK successful, world record

[paulthetafy]

Why is that karma?  If I choose to spend money (just as you or anyone else can) to use VPS's to mine, why have I done something wrong?
Congrats by the way, you're lucky!

Well you and the other farm operators obviously expected to make some/many coins but now it kicks you in the butt because the diff rocketed in an extreme way and will continue to do so. Also in my experience VPS are almost never profitable and you'd do much better with one or many rootservers. (I pay 43€ per month for the i7 920, 3 cores of it get me 475000 knumbers/s, hetzner ftw)
The Karma thing was a joke, since luck means everything you could say that bad karma from being "greedy" ate up all your luck.

Well its been 8 hours running hard with 64 cores and all I have so far is a single orphan.  

Is your miner set to --scantime 1?

what does that do exactly?

It tells your miner to check every second if there was a new block so you don't mine an orphan. Not sure if 1 is the best/most sane setting, can someone chime in?

Maybe you're right. But using large VPS farms for early mining on the right coins is nearly always profitable if you go hard, or I wouldn't do it.  Between XPM and MAX I think I probably made over 120 BTC at a cost of a few thousand dollars.  If you do it smart it's profitable, but this time it hasn't worked for me!

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[keepwalking1234]

WTB riecoin  PM your offer!

[paulthetafy]

External miner

Both miners are not yet optimized, but the built-in wallet miner is even worse, it does not use the GMP library which should give it a big boost.

Have you done any work on it yet?  I might try to this weekend.  I can see a number of improvements.  

I'm giving it one last try using a single RPC server for all of my farm machines now to see if I get any blocks.  Time to block is around 14 minutes with my farm so we will soon see.

I briefly looked at the source code and I can clearly tell that it needs some work. I made a couple of small changes to it and I have mined 14 blocks so far on a 32 core Intel server, but it should be capable of more than that at this low of a difficulty. I will have a couple of hours this weekend to optimize it.

WOW just wow.  How long before you share those changes then?

[DougB62]

I'm mining this on my pathetic i5, and having lots of fun, so don't take this the wrong way.

It seems a bit like Seti@home right now... If I keep going, I'll eventually find E.T. -  

[peterlustig]

Maybe you're right. But using large VPS farms for early mining on the right coins is nearly always profitable if you go hard, or I wouldn't do it.  Between XPM and MAX I think I probably made over 120 BTC at a cost of a few thousand dollars.  If you do it smart it's profitable, but this time it hasn't worked for me!

Sure if you choose the right coins and are patient you will make some profit for sure, but I'm sure you could increase it with a root farm, however rootservers are something you must have at hand before the coin has launched ofcourse.
I made 150k QRK with my single root mining 24/7 for months, sold all except 20k for peanuts (around 100 satoshis iirc), hope you are more patient than me.  

btw my faster AMD fx 8350 hasn't found anything yet so luck probably plays a huge role.

re: optimized miners, wasn't the fastest prime finder a CUDA one?

[CSM00]

Maybe you're right. But using large VPS farms for early mining on the right coins is nearly always profitable if you go hard, or I wouldn't do it.  Between XPM and MAX I think I probably made over 120 BTC at a cost of a few thousand dollars.  If you do it smart it's profitable, but this time it hasn't worked for me!

Sure if you choose the right coins and are patient you will make some profit for sure, but I'm sure you could increase it with a root farm, however rootservers are something you must have at hand before the coin has launched ofcourse.
I made 150k QRK with my root, sold it all for peanuts, hope you are more patient than me.  

Take a look at AWS Spot instances - they are crazy cheap with some caveats.  But they are perfect for mining new coins

[GreekBitcoin]

External miner

Both miners are not yet optimized, but the built-in wallet miner is even worse, it does not use the GMP library which should give it a big boost.

Have you done any work on it yet?  I might try to this weekend.  I can see a number of improvements.  

I'm giving it one last try using a single RPC server for all of my farm machines now to see if I get any blocks.  Time to block is around 14 minutes with my farm so we will soon see.

I briefly looked at the source code and I can clearly tell that it needs some work. I made a couple of small changes to it and I have mined 14 blocks so far on a 32 core Intel server, but it should be capable of more than that at this low of a difficulty. I will have a couple of hours this weekend to optimize it.

WOW just wow.  How long before you share those changes then?

i hope not now cause i need to sleep! 7:30 in the morning here..

[CSM00]

External miner

Both miners are not yet optimized, but the built-in wallet miner is even worse, it does not use the GMP library which should give it a big boost.

Have you done any work on it yet?  I might try to this weekend.  I can see a number of improvements.  

I'm giving it one last try using a single RPC server for all of my farm machines now to see if I get any blocks.  Time to block is around 14 minutes with my farm so we will soon see.

I briefly looked at the source code and I can clearly tell that it needs some work. I made a couple of small changes to it and I have mined 14 blocks so far on a 32 core Intel server, but it should be capable of more than that at this low of a difficulty. I will have a couple of hours this weekend to optimize it.

WOW just wow.  How long before you share those changes then?

i hope not now cause i need to sleep! 7:30 in the morning here..

Im hoping he uses his big brain to figure out pool software

[peterlustig]

Take a look at AWS Spot instances - they are crazy cheap with some caveats.  But they are perfect for mining new coins

I used the 100$ free credit they once gave away (not sure if they still do that) and was rather underwhelmed by most instance types, the big ones were nice but very expensive (unless you expect the price of the coin to rise extremely). Most of my experience were with XPM and QRK, mined lots XPM with a dirt cheap 20€/month VPS, until the hosting company found out and cut the performance (host-unlimited, pathetic company and I don't say that because of the performance cut, which was expected and is a major reason I don't like VPS [variable performance unless you go KVM but then you can get a root for the same price]; getting the server took weeks).

TL;DR: I think one root mining 24/7 makes more profit for the same money in the long run. IMO of course.

Those spot instances seem like a nice thing where you decide what to pay, are they new?

[Deadalter]

"hashespersec" : 1223447115,

its good?  

[CSM00]

Take a look at AWS Spot instances - they are crazy cheap with some caveats.  But they are perfect for mining new coins

I used the 100$ free credit they once gave away (not sure if they still do that) and was rather underwhelmed by most instance types, the big ones were nice but very expensive (unless you expect the price of the coin to rise extremely). Most of my experience were with XPM and QRK, mined lots XPM with a dirt cheap 20€/month VPS, until the hosting company found out and cut the performance (host-unlimited, pathetic company and I don't say that because of the performance cut, which was expected; getting the server took weeks).

Those spot instances seem like a nice thing where you decide what to pay, are they new?

They've been around for a few years, but arent a well known feature.

You can get a 32 vCPU / 16 Core for  .28 USD / hour most of the time.

You have to work around the fact they can turn it off and delete it at anytime though - I have my wallet on a normal "on-demand" type instance

[peterlustig]

They've been around for a few years, but arent a well known feature.

You can get a 32 vCPU / 16 Core for  .28 USD / hour most of the time.

You have to work around the fact they can turn it off and delete it at anytime though - I have my wallet on a normal "on-demand" type instance

That's a good clue which will be useful for many people. May I ask how many knumbers these 32 virtual cores do so I can compare the price? My i7 920 is around 0.081$/h and does ~475000 knumbers/s using 3 of 4 cores (43€/month, can be had for 41€: https://robot.your-server.de/order/market ).

[kov]

Tough to mine, and looking to cover some minimal costs. I'm willing to sell some RIC for those interested. Send me a PM with a reasonable offer.

[CSM00]

They've been around for a few years, but arent a well known feature.

You can get a 32 vCPU / 16 Core for  .28 USD / hour most of the time.

You have to work around the fact they can turn it off and delete it at anytime though - I have my wallet on a normal "on-demand" type instance

That's a good clue which will be useful for many people. May I ask how many knumbers these 32 virtual cores do so I can compare the price? My i7 920 is around 0.081$/h (43€/month, can be had for 41€: https://robot.your-server.de/order/market ).

2080915 knumbers/sec on the one I just checked.

Under the covers, its Xen virtualization running on 2x E5-2670 CPUs - with the 32 vCPU instance, you are basically getting the entire physical server with a little overhead for the virtualization part.

[kikeda]

They've been around for a few years, but arent a well known feature.

You can get a 32 vCPU / 16 Core for  .28 USD / hour most of the time.

You have to work around the fact they can turn it off and delete it at anytime though - I have my wallet on a normal "on-demand" type instance

That's a good clue which will be useful for many people. May I ask how many knumbers these 32 virtual cores do so I can compare the price? My i7 920 is around 0.081$/h and does ~475000 knumbers/s using 3 of 4 cores (43€/month, can be had for 41€: https://robot.your-server.de/order/market ).

lol we have the same server. hetzner

[peterlustig]

2080915 knumbers/sec on the one I just checked.

Under the covers, its Xen virtualization running on 2x E5-2670 CPUs - with the 32 vCPU instance, you are basically getting the entire physical server with a little overhead for the virtualization part.

That's not too shabby. Considering I only use 3 cores, I could squeeze out 630000 knumbers out of all 4.
3.5x (based on the price) 630000 = 2205000
Basically same bang for buck, mine is slightly better. My bad experience with Amazon was based on the normal EC2 instances, so thanks a lot for the tip about the spot instances. Although having a root is very convenient.  

lol we have the same server. hetzner

Gotta love them, it's on and mining hard for a half year, no downtime yet. Plus a website and some game- and ts3-servers. Can't recommend Hetzner enough.

Sorry for slightly offtopic.  

edit: corrected calculation

[Supercomputing]

External miner

Both miners are not yet optimized, but the built-in wallet miner is even worse, it does not use the GMP library which should give it a big boost.

Have you done any work on it yet?  I might try to this weekend.  I can see a number of improvements.  

I'm giving it one last try using a single RPC server for all of my farm machines now to see if I get any blocks.  Time to block is around 14 minutes with my farm so we will soon see.

I briefly looked at the source code and I can clearly tell that it needs some work. I made a couple of small changes to it and I have mined 14 blocks so far on a 32 core Intel server, but it should be capable of more than that at this low of a difficulty. I will have a couple of hours this weekend to optimize it.

WOW just wow.  How long before you share those changes then?

This weekend unless someone beats me to it. It should be a breeze for anyone who has written a Primecoin miner using a bit array.

[Supercomputing]

Coins are maturing too fast, I wonder if the difficulty adjustment is working correctly? It's late here and I will look into it this weekend.

[micryon]

This weekend unless someone beats me to it. It should be a breeze for anyone who has written a Primecoin miner using a bit array.

Are you using just straight up C optimizations, or any kind of SIMD at this point?

[Last1212]

WTB 100 RIC - 0.1 BTC. Pm me.