[ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"

[tspacepilot]

-pumping out keys like its nothing-

Mind if I ask which and how many GPUs do you use?

P-Funk, did you see Shorena's question?  I'm curious too.

[seedtrue]

Any more? At what point does the ever-halving reward become too low to cover the cost of running the search?

Address: xJDCLAMZWMSZsBd8GLXH2nTS67xZDCvD5T
PrivkeyPart: LotHXdVV165XsNVtr9yV2gJEV3qwZbi59UUQtAMmtkkUGcHcY21b

I just woke up...But I will try to come up with a rough estimate of when it becomes unprofitable in a little while.

[SebastianJu]

Can someone explain what happened to the clamsprice? I thought the price crashed a bit when dental dumped part of his won clams. But that wasn't all that happened, right?

[seedtrue]

I just woke up...But I will try to come up with a rough estimate of when it becomes unprofitable in a little while.

So each of my GPUs use about 300 watts of electric, so at $0.10/kw/h that is about $0.77/day. I only have a small sample size of how many keys they can find per day, but lets assume 3 keys per gpu per day. That would make anything under 0.33/clam per key unprofitable.....But, running my GPUs allow me to turn down the heat in my house if I am in same room as them, so I would need to subtract the amount saved from gas heat from that number. Not entirely sure how much gas I save from this.

[seedtrue]

Can someone explain what happened to the clamsprice? I thought the price crashed a bit when dental dumped part of his won clams. But that wasn't all that happened, right?

People are still worried(rightfully so) about the guy digging tons of clams. AFAIK he is only 30-40% done with digging his massive amount of btc addresses. Not sure though if anything else is in play.

[TooDumbForBitcoin]

I just woke up...But I will try to come up with a rough estimate of when it becomes unprofitable in a little while.

So each of my GPUs use about 300 watts of electric, so at $0.10/kw/h that is about $0.77/day. I only have a small sample size of how many keys they can find per day, but lets assume 3 keys per gpu per day. That would make anything under 0.33/clam per key unprofitable.....But, running my GPUs allow me to turn down the heat in my house if I am in same room as them, so I would need to subtract the amount saved from gas heat from that number. Not entirely sure how much gas I save from this.

kilowatt-hour = kWh

[seedtrue]

I just woke up...But I will try to come up with a rough estimate of when it becomes unprofitable in a little while.

So each of my GPUs use about 300 watts of electric, so at $0.10/kw/h that is about $0.77/day. I only have a small sample size of how many keys they can find per day, but lets assume 3 keys per gpu per day. That would make anything under 0.33/clam per key unprofitable.....But, running my GPUs allow me to turn down the heat in my house if I am in same room as them, so I would need to subtract the amount saved from gas heat from that number. Not entirely sure how much gas I save from this.

kilowatt-hour = kWh

Thanks for the correction.

*bows head in shame*

[seedtrue]

Address: xJDCLAMZ1fHokJhMVTGRySSVPzCR3Kv3TH
PrivkeyPart: LjcxPmJXYxUXNnmRa5ZtXhYTMgXPF73d9JpuHUsuZieXJWCFXhGK

[dooglus]

PrivkeyPart: LotHXdVV165XsNVtr9yV2gJEV3qwZbi59UUQtAMmtkkUGcHcY21b

08:35:56 INFO: sent 3.125 CLAM to (598917) <ri>

$0.10/kw/h

kilowatt-hour = kWh

Thanks for the correction.

*bows head in shame*

($0.10/kW)/h is just as valid as $0.10/(kWh), if less conventional, in the same way as (0.1/2)/3 is the same as 0.1/(2*3).

So don't be too ashamed...

[seedtrue]

And another 


Address: xJDCLAMZrrnxgLfXvN2Qe4J6cK9Gp3uuHk
PrivkeyPart: LopoGdZTuu8P65Mzw9FUPujtEb23vChUXka8XzrdeB7GgbnLzmma

[chilly2k]

Can someone explain what happened to the clamsprice? I thought the price crashed a bit when dental dumped part of his won clams. But that wasn't all that happened, right?

People are still worried(rightfully so) about the guy digging tons of clams. AFAIK he is only 30-40% done with digging his massive amount of btc addresses. Not sure though if anything else is in play.

   I'll throw out my theory (opinion).  

Assumptions: Digger does not follow the JD-Chat nor Bitcointalk.  ( If he did I think he would find an easier way to dispose of his clams).  

Price with the digger was holding steady between .0045 - .0055  He wasn't dumping them lower.

  So Dental wins 40K on JD.  People panic, worried that he is going to dump them all on Poloniex.  He did dump 4-6K from an earlier win.  People start dumping

and the chicken-little syndrome kicks in (sky is falling).  I believe the digger also noticed the price falling and added to the chaos.  The price dropped to around .002 before people calmed down.  

  Now most of the clams were scooped up by traders and are still on Poloniex.  As reg investors start to buy back in and move clams off the exchange the price is starting to recover..   We'll probably see the .0045 - .0055 range again in the not to distant future.  

[P-Funk]

Pattern: xJDCLAMZ                                                             
Address: xJDCLAMZBRAhGZognJfhqa5YpAobQGNTXT
PrivkeyPart: LgZo4jYamBKkqBhYvQkMKHgPnJ5br21s6vTQP9vcgrrijndTjsTS

[SebastianJu]

Can someone explain what happened to the clamsprice? I thought the price crashed a bit when dental dumped part of his won clams. But that wasn't all that happened, right?

People are still worried(rightfully so) about the guy digging tons of clams. AFAIK he is only 30-40% done with digging his massive amount of btc addresses. Not sure though if anything else is in play.

It would be smart for that person or corporation to step out, provide a signed message as proof, and claim that he is the one digging.

That surely would help preventing the clam price to drop. I mean the dropping price means his wealth goes down all the time.

[P-Funk]

That's the last from me. Telling you what equipment I'm using would be pointless because they're not operating at full efficiency. Seems using 1x to 16x PCIe risers with oclvanitygen gimps performance, plus the board has PCIe 1.0.

[TooDumbForBitcoin]

As soon as BFL delivers my Jallys, I'll help look for keys.

[dooglus]

PrivkeyPart: LjcxPmJXYxUXNnmRa5ZtXhYTMgXPF73d9JpuHUsuZieXJWCFXhGK

12:17:30 INFO: sent 1.5625 CLAM to (598917) <ri>

PrivkeyPart: LopoGdZTuu8P65Mzw9FUPujtEb23vChUXka8XzrdeB7GgbnLzmma

12:17:54 INFO: sent 0.78125 CLAM to (598917) <ri>

PrivkeyPart: LgZo4jYamBKkqBhYvQkMKHgPnJ5br21s6vTQP9vcgrrijndTjsTS

12:18:56 INFO: sent 0.390625 CLAM to <you>

Thanks guys!

[dooglus]

  I'll throw out my theory (opinion).  

[...]

  Now most of the clams were scooped up by traders and are still on Poloniex.

Except:

12:21:12 INFO: 497,454 CLAM were dug up and 592,785 CLAM were staked for a total of 1,090,238 CLAM
12:21:12 INFO: Just-Dice's onsite bankroll of 837,052 CLAM represents 76.78% of that amount

That percentage stays pretty constant, so the CLAMs weren't scooped up by traders, and are still on JD.

I suppose the traders could be storing them in the JD bankroll until the price recovers.

[chilly2k]

  I'll throw out my theory (opinion).  

[...]

  Now most of the clams were scooped up by traders and are still on Poloniex.

Except:

12:21:12 INFO: 497,454 CLAM were dug up and 592,785 CLAM were staked for a total of 1,090,238 CLAM
12:21:12 INFO: Just-Dice's onsite bankroll of 837,052 CLAM represents 76.78% of that amount

That percentage stays pretty constant, so the CLAMs weren't scooped up by traders, and are still on JD.

I suppose the traders could be storing them in the JD bankroll until the price recovers.

   That would be assuming the sold clams came from JD.  So assuming the sold clams were on poloniex to begin with (or at least not JD), and the fact the JD bankroll hasn't increased by a lot, and the fact the poloniex clams for sale has increased. 

   And yes that's a hell of a lot of assuming....     

[SuperClam]

Can someone explain what happened to the clamsprice? I thought the price crashed a bit when dental dumped part of his won clams. But that wasn't all that happened, right?

People are still worried(rightfully so) about the guy digging tons of clams. AFAIK he is only 30-40% done with digging his massive amount of btc addresses. Not sure though if anything else is in play.

It would be smart for that person or corporation to step out, provide a signed message as proof, and claim that he is the one digging.
That surely would help preventing the clam price to drop. I mean the dropping price means his wealth goes down all the time.

If they did come forward (even privately to dooglus, xploited, or I) I think there is a good chance an over-the-counter sale could be completed.

Alas, they do not seem to be doing so.

[dooglus]

If they did come forward (even privately to dooglus, xploited, or I) I think there is a good chance an over-the-counter sale could be completed.

Alas, they do not seem to be doing so.

This is the first public mention of such a proposal I have seen.

I think making a more concrete offer might help.