As a way to make a quick buck? Maybe, maybe not.

As an interesting experiment in math, science and economics? Hell yeah!

My CPUs would be crunching primes anyway, so I'm not exactly losing anything by running primecoin instead.

More generally, how do you measure the worth of something, whether it's useful? Maybe thing A is useful because it helps you with thing B. So what's B good for? Probably because it improves C, and so on - you'll never end up with some fundamental worth or utility this way. In the end, we all die, and we can't take our cryptocoins down into the crypt

Personally, I play with cryptocurrencies because it's fun (and I dig math). IMHO, where worth begins, fun ends.

The genesis block was difficulty 6.0, block 2 was difficulty 7.0 and it ramped up incrementally from then on.

Fail.

My two Jalapeños were a bit over $300 when I bought them, and they've more than earned their money back already. They've since gone up in price, but still nowhere near $6k.

When were you able to start mining with those?

As early as we are, relatively speaking, we are already too late. At least until they get GPU mining software to the public.

I got a block today with 4500 pps.

I actually expect GPU mining to it worse faster, not make it better at all.

But then again I have less GPUs than CPUs and way the heck less than GPU farm operators.

Still, right now only CPUs are slicing up the pie. When GPUs also start taking slices of that same pie I expect the slices will be a heck of a lot smaller.

In essence more people seem likely to try to mine, and also there will be a whole new gambler's luck thing starting again, and all the gamblers whether they managed to break their addiction to CPU mining Primecoin or not will get to pull the lever "just one more time" to "see if maybe this new shiny will change my luck"...

-MarkM-

Duh. I didn't imply it was. I was just reporting my success. Some people still get blocks. It's not a lost cause.

markm, woke up sarcastic today huh? :p

I agree that it's a gamble atm...hard to compete with the big dogs solo, but well, give it some time folks.
I'm gonna keep cpu mining with my vps till I get my new cpu+mobo combo and my vps credit runs out.

Market cap rank 5 now. http://coinmarketcap.com/
also only coin in top 15 to show growth last 24h.