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1881  Economy / Securities / Re: [CRYPTO-TRADE] Crypto-trade.com IPO and official thread! on: December 04, 2013, 01:24:50 AM
Has anyone tried  USD withdrawals from crypto-trade, how long do they usually take?
1882  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: December 03, 2013, 10:52:03 PM
Sounds very interesting, can't wait. If you can actually decrease the power consumption of the GPU that will be a huge deal. That is an enormous incentive for miners.

Hi,

The graphing will work if you have boinc in the standard location.  If not follow the instructions for setting the boincappfolder path.

Regarding the theme colors, that's unfortunately down on the bottom of the priority list (was able to get to that since I worked on Thanksgiving!).

PM Aysyr to put it on the todo list.

Regarding site structure, I see we are in desperate need of organization.  I'd suggest Aysyrs forum again, but I think we really need to hit 5 in difficulty first.
In the mean time, I'll look into creating more organized threads.

There is a lot of exciting stuff going on.  I am currently involved in writing a new GPU mining specification that may replace scrypt.  What is exciting, at least to me, is the ability to write a specification that includes a new Sleep algorithm as part of the operation of the hash function, to make Gridcoin the most efficient coin out there period, and possibly others will want to adopt this new algorithm as well.  I can't give away all the details yet, but on the surface it would appear that your GPU card was saving 75% of the energy, but doing all of the same work.  It works by using a new type of receiving wallet address, one that takes 5 hours to generate.  Your GPU is only allowed to cryptographically work during certain timeslices that are bound cryptographically to wallet timeslices, depending on how the algorithm uses the GPUs parallel processing threads.  That's all I can say now, but the bottom line is if we end up adopting this spec, we will be able to bring GPU miners from other coins to Gridcoin and save 75% of the required watts per hour, but still achieve the same mining results.

In light of all that that is my new top priority; so I will be reducing the priority level of the CPU-mining until progress is made on this.  In the mean time, I look forward to tomorrows upgrade as we enforce the new level of security in the chain!

Rob Halford


1883  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: December 03, 2013, 06:29:08 PM
Get a msi twin frozr 7950. It is a great card for mining scrypt. I have a few myself. There is a 3 year warranty on it so you are covered if anything happens to the card.
It gets around 600kh/s and you will mine a nice amount of Gridcoins with it.

If you don't have the cash for a 7950 the next best thing is radeon 5870, it gets around 400kh/s.

Quote
Instead of wasting time with this, just run your GPU, much easier and much faster and more profitable.

Hi traderman,

Currently I don't have a GPU. Any recommendations on which one I should get ? I was trying to cpu mine because I have a couple of old laptops which I could put to use with this. Any suggestion on guides to building a GPU mining rig (I am new to this) ? Preferably the best hashes/power ratio.
I happened to look at the litecoin hardware comparison and 7990 sapphire seems good but does it need watercooling ? (sorry I am really new to mining but I am prepared to make the investment).
Also when you say faster and more profitable - any idea how much more profitable it is to GPU mine than only CPU mine ?

I have an ASUS p5G41t-M motherboard and hardly know anything about the hardware requirements .. any pointers would be more than welcome. In fact I would be really thankful if someone could point me in the right direction.


1884  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: December 03, 2013, 04:51:17 PM
Instead of wasting time with this, just run your GPU, much easier and much faster and more profitable.

Hi Andrew and Gridcoin,

Just an update. I tried installing the same thing on a fresh install of windows 7. Ultimately it comes down to the log file of guiminer. I think that is the root of the problem. Here is a screen shot of what happens. http://imgur.com/RYQMm4x,MC8wQsf (along with that are the tiny transactions I was referring to).

I have done everything you guys have asked. Almost on the verge of giving up now after trying it multiple times on different machines.

Andrew - if you can tell me the process you followed to get the cpu miner to work then it would be great. You have been of great help thanks a lot again.

Gridcoin - I have given this 3 days now, I don't think I will be able to devote more time (maybe another day to try), in spite of the fact that I would love to be a part of this project (but cant ignore electricity costs too if one does not get mining rewards). Still wish you guys the best. I have provided screenshot of where the problem lies. Hope it can be resolved for the benefit of others trying to join the project.

Update : According to this post https://bitcointalk.org/index.php?topic=63699.msg747636#msg747636 guiminer has problems with pyopencl, something that I have previously highlighted here. Hope someone can explain that too.
1885  Alternate cryptocurrencies / Altcoin Discussion / Re: R9 270x 100% Errors Scrypt Mining on: December 03, 2013, 02:57:51 PM
those kind of error usually happen from not enough system ram.

I'm using MultiMiner and I've tried two pools. If I don't use any arguments, it gets 16-17 kHash.
If I use the arguments:
-I 19 -g 1 -w 256 --thread-concurrency 16384

I get 100% errors and the same with even just -I 19.

I'm not sure what else to do? I get accepted shares with no arguments but it's so slow. What driver should I be using? Does anybody have experience with this card?


1886  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: December 03, 2013, 01:40:43 PM
Same here, definitely one of the most innovative and unique concepts with a great development team.

I've been trading crypto currencies for 1.5 years now.  This is the first currency I've been excited enough about to download and sync the client.  Love the Gridcoin concept!

FteJtaUYYs34nz5ueT1pFW83nQo9C4KV25


I'm definitely interested in purchasing a large amount with Bitcoin.

Thanks!
1887  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: December 03, 2013, 01:47:42 AM
Lately I was looking on amazon and ebay and to my surpirse there was not much available in terms of GPUs.

Man GPU mining seems to be so much easier. LOL

As Rob said, it is a new feature.. I'm sure in the end it will be even easier to set up than GPU mining. Smiley
I finally have the setup for my rig, however the cards I want to buy are hopelessly sold out...so I will have to wait for 2 weeks before they arrive.
That's why I'm eager to start CPU mining Wink

Andrew.
1888  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: December 02, 2013, 11:35:41 PM
Man GPU mining seems to be so much easier. LOL

Hi Andrew--

Yeah, I think I introduced that crash when we adding the charting boinc historical avg_credits using the background thread, and Ive been trying to find that - actively.  I think we finally fixed it by charting on the main thread and fixing the "red X" that would occasionally appear on the chart; all 4 of my machines have been up for 30 hours now, so I am hoping that problem is behind us.

Regarding the beacon, I see you in position #2.  Glad we were able to move the project along to this point.  What are your total credits for that project?  Ill look into what our next step is in enabling pool2; but not sure how long that is going to take.  

Rob H.

Hi Rob,

Yes it works perfectly for me too since then.
Total credits for Malaria I have right now are 8884..not a lot, but it will definitely grow Smiley

Also I see that all your machines have different Project IDs so there are basically two options how to CPU mine:
1. Every machine that a user puts into CPU mining on a particular project can have its own BOINC account for that project(=different Project ID) and even if the user name(GRC address) will be same for all, the system will treat each machine as a new cpu miner instance in "listcpuminers" and BOINC credits/rewards etc. will be calculated for each one separately.
2. However if every machine that the users has CPU mining would have the same BOINC Project ID(only one account for all) then the BOINC credits will be summed up and ''listcpuminers'' will see this as a 1 miner.

Is that correct? Which solution would then be better for coin rewards?
Am I right in thinking that at the moment it is better to have the machines on separate Project IDs because the BOINC credits don't play that big of a role now, however in the future when there are a lot of miners the BOINC credits will play increasingly important role and it might be more efficient to have the machines on one Project ID to earn as much BOINC credits as possible?

Regards,
Andrew.


Hi -- I realize it's a little convoluted, since we have a separate set of rules for cpuminers vs gpuminers. 

The Cpuminers payout structure is based 100% on the daily avg credits per boinc project summed, so if you have 1000 today for Malaria + 500 today for RNA, your pool2 entry for the day would be 1500 boinc shares for your single GRC address.  If you try to exploit that by opening up multiple GRC addresses your credits will go down on each account so you wont make any extra money.  Anyway, the reason the top of the listcpuminers report breaks out the credits by project is so the GPU miner can check those individually.  What happens is the GPU miners go down the list in the top section of the report and verify the credits (5 entries are in the report; so 5 checks are made by the gpu miner).  However, part II of the report consolidates the credits by GRC receiving address.  The user should technically be paid based on the outstanding owed for the day minus any previous payments by the pool when the next GPU user finds a block, over time.  We should add a section for the actual mechanics of the payout structure, ie how the shares affect the daily reward.

On a high level the original idea was to pay up to 576 cpu-only miners 150grc per day but using an RBPPS to arrive at a payment per miner based on their boincshares.  The max payment per day per receiving address is 150grc.  When more than 576 cpu-users participate, the pool total stays @ 576*150 (total), now divided by all participants  * RBPPS (boincshares per user).

We may have to start off with a smaller reward while we test this, more on that later after I check to see how we can even enable Pool2.

Thanks for writing the manual!

Have a good one,
Rob H.





1889  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: November 30, 2013, 11:39:23 PM
Ye the cards have to be separated otherwise they starting heating each other and that is very bad.

what motherboard are you getting?

Not sure yet..but probably something that can house 4+ cards.
From what I've seen on your video, there is some kind of extension from the slot on the motherboard to the cards that are hung from the top. Is this because these cards are wide and wouldn't fit on the motherboard next to each other in traditional way or is it because of cooling?

I am not going to definitely decide what to get, because I do not understand the HW side yet..my colleague who understands HW will make that decision.
However any info and suggestions from somone who has experience mining is greatly appreciated..what to do, what to avoid etc.

Andrew.
1890  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: November 30, 2013, 07:14:00 PM
what motherboard are you getting?

Hi Andrew, welcome to the club. If you want to build a mining rig you need good gpu.

Here is a video of 2 of my rigs: http://www.youtube.com/watch?v=9DfJj4UZcU8

motherboard: asus crosshair IV extreme
gpu: radeon 5870
psu: 1000 watt ocz
cpu: AMD Phenom II X6 Six-Core Processor
ram: 6gb

If you want to build a rig I would recommend the MSI Radeon 7950 twin frozr gpu, i had 2 rigs with those gpu and they are great for mining.

Hi traderman,
Thanks! Happy to join! Smiley

Thanks for the video and suggestions. At this moment it looks like I am going to get R9 280X..it seems to have best power/price ratio.
Also if we are talking about mining GRC, is the CPU I will get more important than with mining LTC...because of the BOINC part?

Regards,
Andrew.
1891  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: November 29, 2013, 09:39:05 PM
I think as the difficulty goes up, for the average user it will be better to go the pool mining route.

Uh oh, so I should get approx. 120 GRC in the next two days?
Nope, I'm FtWgehaapGH5cKSmMPEH91sVzxLUioNZ3s.

Oh and thanks for the replies! You don't see a developer replying to users everyday. Smiley

And he's very active on another forum too!  He's been very awesome since the release of this coin, it's already grown and added so much to it.  So many updates it can be hard to keep up with but I appreciate that a lot in a coin.

A lot more interest in this coin now then there was a couple weeks ago, soon more people will realize gridcoin > curecoin and it's already out. Smiley
Thanks all--
Boing, Yes if things stay the way they are you should receive 140-168grc in the next 48 hours.
Let everyone know if you do, and that should bring more confidence to pool mining since you mined one pool block, we'll see if it equals about 1 solo block.

Rob H.

And I was going to ask if I should pool mine or solo mine, hehe Tongue I guess only time will tell.
Oh and everyone, keep in mind that I did this with only 150 kH/s in few hours.
1892  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: November 28, 2013, 07:48:53 PM
are you using reaper or cgminer?

...still 0.00 GRC in the wallet...

When mining other coins there is the "new block detected" message every other minute in cgminer.
With gridcoin the console remains silent - only temp. and hashrate are updated once a second...
Is this normal??

greetings
a.
1893  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: November 28, 2013, 06:40:54 PM
Hi Andrew, welcome to the club. If you want to build a mining rig you need good gpu.

Here is a video of 2 of my rigs: http://www.youtube.com/watch?v=9DfJj4UZcU8

motherboard: asus crosshair IV extreme
gpu: radeon 5870
psu: 1000 watt ocz
cpu: AMD Phenom II X6 Six-Core Processor
ram: 6gb

If you want to build a rig I would recommend the MSI Radeon 7950 twin frozr gpu, i had 2 rigs with those gpu and they are great for mining.






Hi everyone!

I want to express a very big thank you to the creators of this coin!
It is such a pleasure to see that a good cause is being helped and the power put into mining is actually used and not just "thrown" away.

If you guys will keep up the great work you have done so far I can easily see Gridcoin becoming The new Bitcoin...but you are probably already aware of the breakthrough and revolution you are about to make here! Wink
Not just for cryptocurrencies but for all of the projects that are being helped!
This is really awesome!!! Smiley

That being said.
I would really like to start supporting GRC as much as possible. However since I do not come from IT(I am an FX trader) and have not mined any cryptos yet, I have no idea what I am doing Smiley..so I would really appreciate your help.

- Yesterday I downloaded and installed gridcoin-beta.msi & boinc_6.6.38_windows_intelx86.exe from here http://www.gridcoinnetwork.org/get-started.html with default settings and locations.
- Wallet synced well and Gridcoin Mining Module is working fine. After looking to troubleshooting I also upgraded .NET to the latest version to be safe.
- BOINC Manager runs Ok, 3 Projects added & tasks are being solved using CPU and NVIDIA GPU on my laptop.
- Also my Wallet and Mining Module do see the BOINC utilization and everything refreshes Ok.

There are 2 things I would need your help with:

1) Setting up my laptop to CPU mine, while the NVIDIA runs BOINC
2) On monday I am going to buy a dedicated pc just for mining Gridcoin&BOINC..so I would really appreciate suggestions on what setup should it be to best help the network. Also taking into account future developments in GRC. Budget ~$2k. I personally dont know how to complete the machine from individual parts, however I do have people that can do it for me..so buying individual parts is an option for me if it would be best suited to get most power for the budget.
@GRIDCOIN - Would you be able to help with this?

Please bear in mind that I am not an IT person so my questions might seem off and I need step by step instructions. Smiley

Thanks everyone for your help!
GO Gridcoin!!! Wink
1894  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: November 28, 2013, 06:33:31 PM
the difficulty is already past 1 I think @ 200 khs it will take some time.

Hi @all

Thanks for bringing up this cool, energy saving coin *clapclap*

Problem although is, im mining gridcoins since 20hrs with approx. 200khashes with the latest client and cgminer 3.5.0 pointing to 127.0.0.1.
But either i have no luck or something is wrong - it does not find a block - still 0.00 GRC in the wallet.... Embarrassed

I have tried both, pool and single mining. Boinc Processing Power shows 100.

anyone has an idea what could possibly be wrong  Huh




Greetings from Austria!
a.


PS: just donated a BTC beer to gridcoin Wink
Spare GRC going here: Fww4Y7WdTs9ZSkDPj6P33w4MGbqkjHSWZT   


1895  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: November 28, 2013, 04:36:06 PM
I just voted too.


I just voted for gridcoin to be traded on cryptsy.com at the link below:

https://bitcointalk.org/index.php?topic=349420.0


Hey, can you reward me, by giving me some gridcoins? ( my pc is no good for mining so I am missing out )


FwY286Z4aqYoB5EZfhovf7HutbY9ERpX2q


Thanks


(get out there and vote gridcoiners )
1896  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][Poll] Which coin would you like added to Cryptsy on: November 28, 2013, 04:35:15 PM
Gridcoin offer true innovation, there is no coin like it.


Gridcoin

I speculate that with their ties to Berkely university, and Ripple, that

Gridcoin may be quite a successful coin Smiley
1897  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: November 28, 2013, 04:21:49 AM
Looks great. Good stuff.

Block Explorer available!

http://explorer.gridcoin.us/


It also shows current difficulty and network hashps.

NOTE:  The blocks are synchronizing very slowly, in order to test this enter a block # below 1844.

Enjoy,
Rob Halford


1898  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: November 27, 2013, 08:46:25 PM
The only way is to give mining Gridcoin a shot and see how it works out. If you have a few descent gpu's you can mine quite a bit of coins because the difficulty is still not too high.

Boinc has many more projects people can choose from. Curecoin does only folding@home and the structure between the way Gridcoin is implemented and Curecoin, is very different.

What's the main difference between Gridcoin and Curecoin?
Gridcoin uses BOINC while Curecoin uses Folding@home, are there any other differences?
Hm, sorry for all the questions but what are the pros and cons of mining one and not the other?
Thanks!
1899  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: November 27, 2013, 08:34:00 PM
Boinc has many more projects people can choose from. Curecoin does only folding@home and the structure between the way Gridcoin is implemented and Curecoin, is very different.

What's the main difference between Gridcoin and Curecoin?
Gridcoin uses BOINC while Curecoin uses Folding@home, are there any other differences?
1900  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread on: November 27, 2013, 07:08:31 PM
Here is the petition thread I started.
Cast your vote!
http://bitcointalk.org/index.php?topic=324690.0

I've been bugging cryptsy to add it, bitjohn said he'd look into it.  Need more people to bug them Smiley
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