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Is there an OS X client?
we're looking for someone to compile it, have no access to OS X, otherwise would provide one
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I went over the last 100 block in the block chain explorer, most of them are PoS blocks, and the PoW blocks are all the pool's, So there's no big farm because it would show a lot of PoW blocks that don't belong to any of the pools...
It's just the issue with the targeting system, that PoS block affect the difficulty of PoW blocks... In the mean time - pools are dropping, if the net hash was 60-70 M/h now both the pools combined are 45 M/h and i see no reason to solo mine when block time is ~5 mins now instead of 30 secs
Thanks! The last sentence, are you saying we should or shouldn't solo mine? I just thought about it some more, PoS blocks and nethash that comes from PoS only affect the difficulty (and block time in turn), but the distribution of block between miners should stay the same IMO, so i guess solo mining is still a valid option, it will just take longer because of the ~5 mins block time, but the pools have the same issue so either option is valid hope it would be fixed or looked into soon, i stopped solo mining for now because of the long block time :/ No, the distribution is not the same in any way. Just because there are more people with only a wallet open, and not mining and not maintaining network hashrate actually. Yet the coins from PoS blocks go to them, and that is not fair to common miners, who spend electricity and GPU hashrate on maintaining the network. would not say its kind of unfair, the PoW reward is 1024-2048GRA per block(plus the super blocks), the PoS reward is a lot lower. And if all your coins consumed the coinage they have to build it up again, before you can generate new PoS blocks. Yes the blocktime is now longer, but more people are securing the network because they generate PoS blocks also. bosian maybe should have a look again at the code to do an adjustment, if necessary.
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The best feature about Grain is PoS! Was watching my wallet the whole day, saw the coins jumping into stake and come back to balance with some topping. And there was no dump, looking at the amount of coins for sale at the ltc market.... Not really much coins there. We are working in the background to get services, games, etc. Running for Grain. Keep spreading the word for Grain and we will see a steady growth of the coin.
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Just noticed I have some transactions that appear in my wallet but don't show on http://coinblockchain.com/grain/1b791d031b04d74e1aac794e380e9273dbf94461cbdb5572911e88544a1becb8 Coinblockchain is on the old chain. So You will not see any actual transactions at coinblockchain
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@bosian it looks like we have a fork. One of the block chain explorers is stuck to it and someone continues to PoW mine with the old client: http://coinblockchain.com/grain/However, the PoW difficulty there is not really big, so I hope it is really small percentage of miners. Have all the pools been notified of the new wallet? If not it could a problem. Both pools stated that they updated to 1.3. could really be that there are some solo miners who didn't update to the latest version. Quite possibly. Hopefully the network hash on this fork is greater. Not that it matters too much. Anyone new to grain will be on the correct fork. had a look at the block chain, all the blocks only go to 2 addresses: 9Rtmx2QcN9Sgv6ogpwBN2XWMMq3m6vgfD7 and 952tV5x8oBrtJZ7GTGcLusufubBp4y92LL hopefully those two miners will update their wallet to 1.3 EDIT: 4 miners, 2 new ones started a few minutes ago
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@bosian it looks like we have a fork. One of the block chain explorers is stuck to it and someone continues to PoW mine with the old client: http://coinblockchain.com/grain/However, the PoW difficulty there is not really big, so I hope it is really small percentage of miners. Have all the pools been notified of the new wallet? If not it could a problem. Both pools stated that they updated to 1.3. could really be that there are some solo miners who didn't update to the latest version.
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Less than 400 Blocks to go.
I hope everybody upgraded the wallet to version 1.3
Looking forward to see pos again.
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So after we hit an exchange now, i think we should be able to buy something with the coins. So I placed a request to coinpayments.net to get grain added there. this would lead us to a variety of stores which would accept GRA. So stay tuned, Grain for the world.
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just mined a PoS with 174 coins biggest one yet What kind of equipment are you mining with? I have been considering purchasing some, but I have no idea where to start. For generating POS blocks, you don't need special hardware, the pos generation is done with the wallet. Basically you are using the coinage (how long you have hold the coins in your wallet) for the generation of PoS blocks. If you are able to solve a block with your coinage, then coinage is consumed and you get the interest of 5% on top. You will need to hold the coins for at least 2 weeks in your wallet to get PoS generation started.
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Yes! But it is going down. Give it some time, then we will see. Think many of the miners will hold the coin, because of the PoS feature. we now can proceed with games, stores and acceptance all over the world
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Networkhashrate slowly increases. Guess we will need more pools soon.
So pool owners who want to setup a pool are welcome.
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Well it seems I'm late to the party. Is it still interesting to mine?
sure it is, diff at 0.56 at the moment. jump on the grain-train
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i will hold mine, i want to see pos generating again
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any active giveaway ? im updated to 86008 block and nothing is there... ?!
bosian was not online since you posted in the giveaway thread, so i would say give him some time to send out the coins. in the meantime I've sended you some of mine
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Does your wallet have to be open the entire time, or just when the PoS block is generated?
The wallet should be running in order to generate PoS blocks. Technically the PoS minting in a sense is not different form the PoW mining. Just the other, much less intensive algorithm but it also tries different nonces against the same set of data until that set of data is changed (block header and/or the set of eligible inputs) The problem I have is that this computer isn't on 24/7. I do have a server machine that is, though. I guess I could just store all my coins there. I can't mine on it though. Guess I'll get that set up tomorrow. you don't need hash power for PoS generating. Wallet open is required, thats it. so put all the coins on a 24/7 machine is the best way for generating PoS. how much coin is generated in this way, per day? It depends on luck, how much eligible inputs you have, their age, their amount e.t.c. The algorithm is not straight simple and I did not have enough time to look into it to get a complete picture yet. Though, there is a lint to the original whitepaper at ppcoin site that completely describes the idea. you don't need hash power for PoS generating.
This is true to some extent, but there is a computing thread running at low priority that repeatedly tries to solve PoS block. While it nearly does not affect the computer's response time (i.e. you hardly feel that it does any work) the core is working at its full speed. Just open the task manager if you are on windows and see the CPU load (yes, you must have eligible inputs to see this actually) the PoS diff is like 0.002xxx, so its not consuming a lot of power, which was one of the intentions for PoS, create an energy saving way to generate blocks an keep the network alive. and by the way only 6000 blocks left, then PoS generating will start again, So don't forget to update to version 1.3!
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new wallet just crashed with a C++ runtime error
on which system you are? windows?
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Does your wallet have to be open the entire time, or just when the PoS block is generated?
The wallet should be running in order to generate PoS blocks. Technically the PoS minting in a sense is not different form the PoW mining. Just the other, much less intensive algorithm but it also tries different nonces against the same set of data until that set of data is changed (block header and/or the set of eligible inputs) The problem I have is that this computer isn't on 24/7. I do have a server machine that is, though. I guess I could just store all my coins there. I can't mine on it though. Guess I'll get that set up tomorrow. you don't need hash power for PoS generating. Wallet open is required, thats it. so put all the coins on a 24/7 machine is the best way for generating PoS. how much coin is generated in this way, per day? It depends on luck, how much eligible inputs you have, their age, their amount e.t.c. The algorithm is not straight simple and I did not have enough time to look into it to get a complete picture yet. Though, there is a lint to the original whitepaper at ppcoin site that completely describes the idea. you don't need hash power for PoS generating.
This is true to some extent, but there is a computing thread running at low priority that repeatedly tries to solve PoS block. While it nearly does not affect the computer's response time (i.e. you hardly feel that it does any work) the core is working at its full speed. Just open the task manager if you are on windows and see the CPU load (yes, you must have eligible inputs to see this actually) the PoS diff is like 0.002xxx, so its not consuming a lot of power, which was one of the intentions for PoS, create an energy saving way to generate blocks an keep the network alive.
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Does your wallet have to be open the entire time, or just when the PoS block is generated?
The wallet should be running in order to generate PoS blocks. Technically the PoS minting in a sense is not different form the PoW mining. Just the other, much less intensive algorithm but it also tries different nonces against the same set of data until that set of data is changed (block header and/or the set of eligible inputs) The problem I have is that this computer isn't on 24/7. I do have a server machine that is, though. I guess I could just store all my coins there. I can't mine on it though. Guess I'll get that set up tomorrow. you don't need hash power for PoS generating. Wallet open is required, thats it. so put all the coins on a 24/7 machine is the best way for generating PoS. how much coin is generated in this way, per day? depends on the amount you have, in total its 5% per year. so far my highest was 4.xx GRA, but i'm mining at only 210kh/s so i don't have a real big amount.
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Can someone explain to me exactly how PoS works. Thanks
Sure I can, PoS - Proof of Stake, works based on the coinage of the coins in your wallet. How to generate PoS blocks, 1. Leave your wallet open and unencrypted 2. don't spend your coins, keep them in your wallet. 3. when the coins are old enough (round 15days) they will go to the stake section of your wallet. 4. the coins from the stake section will be counted for PoS, blocks are generated 5. all coins go back to your balance, plus you get the interest on top. thats it more technical to be found here:http://en.wikipedia.org/wiki/Proof-of-stake So the more Graincoins I have the more interest I earn? jepp, is a 5% interest per year. he more coins you hold the more interest u get.
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Does your wallet have to be open the entire time, or just when the PoS block is generated?
The wallet should be running in order to generate PoS blocks. Technically the PoS minting in a sense is not different form the PoW mining. Just the other, much less intensive algorithm but it also tries different nonces against the same set of data until that set of data is changed (block header and/or the set of eligible inputs) The problem I have is that this computer isn't on 24/7. I do have a server machine that is, though. I guess I could just store all my coins there. I can't mine on it though. Guess I'll get that set up tomorrow. you don't need hash power for PoS generating. Wallet open is required, thats it. so put all the coins on a 24/7 machine is the best way for generating PoS.
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