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Author Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread  (Read 555081 times)
Gridcoin
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March 07, 2014, 12:58:55 AM
 #2481

@Gridcoin

Please update the source on github. I want to update my linux wallet, which I think was on a fork.
There are no changes to the Linux version; I think we are all experiencing orphans and we have to get off of scrypt_sleep; its redicules.

This new release goes back to scrypt, so you should be fine once we solve a few more blocks.

Rob H.

Gridcoin: scientia humana libertas
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March 07, 2014, 01:09:46 AM
 #2482

GPU minable grc and CPU minable grc are completely seperate distribution methods, so the above suggestion would only affect the gpu miners - it's effectively just taxing the gpu miners more.

Even with scrypt sleep, the 1000boinc point average can be acquired almost instantly with gpu miners. The difficulty should be raised to reflect the work load that gpu farms can handle.

On another note - how does cpu mining work? Is it that there are 75,000grc/day being distributed and it's evenly distributed between hosts according to how much boinc points they submit, to a max of 150grc/day per host?

Also, there should be options to both send a cpu mining beacon and to verify cpu mining is operational, because at the moment you've gotta wait 3 days before you know whether or not you've configured gridcoin correctly.

Do you need to set poolmining up for cpumining, or just cpumining=true in gridcoin.conf file?

Hi,

1. The utilization is calculated 50% from what your current CPU utilization is and 50% from your RACs.
2. We basically don't need to modify the 1000 RACs average that you stated because scrypt-sleep takes care of that. If you have a 100% utilization and your scrypt sleep is 50% then your total reward goes down, because you only hash 50% of the time. However, if you do have ~100k RACs, your scrypt sleep is 100% and even though you have the same 100% utilization as the other user, your reward is going to be a lot more because you hash all the time. The more RACs people have, the more RACs will people need to increase their scrypt sleep so they can hash longer and earn more rewards.
3. CPU mining - 576 blocks a day * 150GRC per block = 86400. That is the CPU mining coin cap. One host can earn a maximum of 150GRC/day and users compete with their RACs for the max reward. The more RACs you have, the more GRC you will earn a day up to a maximum of 150GRC/day per host.
4. Once you setup CPU mining and start your wallet, it checks when and if your beacons were sent and if not it sends them. So if you've never mined you don't need to wait 3 days, it sends them ~immediately...and then again after 3 days.
5. Just cpumining=true   poolmining is something different.

Here's a CPU mining tutorial.
https://cryptocointalk.com/topic/1922-cpu-mining-tutorialtopic/

Andrew.

Hey,

I double checked against that tutorial you linked, and cpu mining still isn't working.

I've got grc in my balances, i've got the project list set up correctly, changed recieving to default, running boinc and have full boinc utilisation.

I'm not listed in the cpuminerlist output, and none of my computers have been sending beacons at all over the last few days. Is anyone experiencing the same issues?

edit: just noticed there is an update.

There should be some form of alert for miners that there's an update...
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March 07, 2014, 01:16:26 AM
 #2483

Beacon is sent once every 72h.
Did you put in your grc address as the name on the Project Account information?

GPU minable grc and CPU minable grc are completely seperate distribution methods, so the above suggestion would only affect the gpu miners - it's effectively just taxing the gpu miners more.

Even with scrypt sleep, the 1000boinc point average can be acquired almost instantly with gpu miners. The difficulty should be raised to reflect the work load that gpu farms can handle.

On another note - how does cpu mining work? Is it that there are 75,000grc/day being distributed and it's evenly distributed between hosts according to how much boinc points they submit, to a max of 150grc/day per host?

Also, there should be options to both send a cpu mining beacon and to verify cpu mining is operational, because at the moment you've gotta wait 3 days before you know whether or not you've configured gridcoin correctly.

Do you need to set poolmining up for cpumining, or just cpumining=true in gridcoin.conf file?

Hi,

1. The utilization is calculated 50% from what your current CPU utilization is and 50% from your RACs.
2. We basically don't need to modify the 1000 RACs average that you stated because scrypt-sleep takes care of that. If you have a 100% utilization and your scrypt sleep is 50% then your total reward goes down, because you only hash 50% of the time. However, if you do have ~100k RACs, your scrypt sleep is 100% and even though you have the same 100% utilization as the other user, your reward is going to be a lot more because you hash all the time. The more RACs people have, the more RACs will people need to increase their scrypt sleep so they can hash longer and earn more rewards.
3. CPU mining - 576 blocks a day * 150GRC per block = 86400. That is the CPU mining coin cap. One host can earn a maximum of 150GRC/day and users compete with their RACs for the max reward. The more RACs you have, the more GRC you will earn a day up to a maximum of 150GRC/day per host.
4. Once you setup CPU mining and start your wallet, it checks when and if your beacons were sent and if not it sends them. So if you've never mined you don't need to wait 3 days, it sends them ~immediately...and then again after 3 days.
5. Just cpumining=true   poolmining is something different.

Here's a CPU mining tutorial.
https://cryptocointalk.com/topic/1922-cpu-mining-tutorialtopic/

Andrew.

Hey,

I double checked against that tutorial you linked, and cpu mining still isn't working.

I've got grc in my balances, i've got the project list set up correctly, changed recieving to default, running boinc and have full boinc utilisation.

I'm not listed in the cpuminerlist output, and none of my computers have been sending beacons at all over the last few days. Is anyone experiencing the same issues?
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March 07, 2014, 02:20:16 AM
 #2484

Yeah man, recieving address as account name.
Project account number correct and working in project list.
Anything else? :S

Beacon is sent once every 72h.
Did you put in your grc address as the name on the Project Account information?

GPU minable grc and CPU minable grc are completely seperate distribution methods, so the above suggestion would only affect the gpu miners - it's effectively just taxing the gpu miners more.

Even with scrypt sleep, the 1000boinc point average can be acquired almost instantly with gpu miners. The difficulty should be raised to reflect the work load that gpu farms can handle.

On another note - how does cpu mining work? Is it that there are 75,000grc/day being distributed and it's evenly distributed between hosts according to how much boinc points they submit, to a max of 150grc/day per host?

Also, there should be options to both send a cpu mining beacon and to verify cpu mining is operational, because at the moment you've gotta wait 3 days before you know whether or not you've configured gridcoin correctly.

Do you need to set poolmining up for cpumining, or just cpumining=true in gridcoin.conf file?

Hi,

1. The utilization is calculated 50% from what your current CPU utilization is and 50% from your RACs.
2. We basically don't need to modify the 1000 RACs average that you stated because scrypt-sleep takes care of that. If you have a 100% utilization and your scrypt sleep is 50% then your total reward goes down, because you only hash 50% of the time. However, if you do have ~100k RACs, your scrypt sleep is 100% and even though you have the same 100% utilization as the other user, your reward is going to be a lot more because you hash all the time. The more RACs people have, the more RACs will people need to increase their scrypt sleep so they can hash longer and earn more rewards.
3. CPU mining - 576 blocks a day * 150GRC per block = 86400. That is the CPU mining coin cap. One host can earn a maximum of 150GRC/day and users compete with their RACs for the max reward. The more RACs you have, the more GRC you will earn a day up to a maximum of 150GRC/day per host.
4. Once you setup CPU mining and start your wallet, it checks when and if your beacons were sent and if not it sends them. So if you've never mined you don't need to wait 3 days, it sends them ~immediately...and then again after 3 days.
5. Just cpumining=true   poolmining is something different.

Here's a CPU mining tutorial.
https://cryptocointalk.com/topic/1922-cpu-mining-tutorialtopic/

Andrew.

Hey,

I double checked against that tutorial you linked, and cpu mining still isn't working.

I've got grc in my balances, i've got the project list set up correctly, changed recieving to default, running boinc and have full boinc utilisation.

I'm not listed in the cpuminerlist output, and none of my computers have been sending beacons at all over the last few days. Is anyone experiencing the same issues?
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March 07, 2014, 02:24:25 AM
 #2485

100+ pages and there's only 1 mining pool available?  I'm trying to find out information on if this coin is worth mining and how many coins i'd get per day per 1 mh/s?

C2.1: CfAMDL4FJomN8bLpsPKZz3mBtdQVg7Sgbp
traderman
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March 07, 2014, 02:26:35 AM
 #2486

This isn't your average shit litecoin clone. The pool is the first of it's kind it interfaced with the wallet because boinc data needs to be sent over and ssl connection.

100+ pages and there's only 1 mining pool available?  I'm trying to find out information on if this coin is worth mining and how many coins i'd get per day per 1 mh/s?
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March 07, 2014, 02:27:50 AM
 #2487

That's what everyone says about the coin they're pumping these days.

i just wish there were some stats on the page, can you give me the numbers I seek please?

seems like a coin I could believe in, but i need to know if it'll cover my electricity costs

C2.1: CfAMDL4FJomN8bLpsPKZz3mBtdQVg7Sgbp
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March 07, 2014, 02:35:51 AM
 #2488

I agree that we need to scale back the number of gridcoins to the original 84 million with appropriate difficulty retargeting possibly using kimotos gravity well.  I invested in gridcoin because I believed in the vision but if investors continue to get hosed by quadrupling the number of coins then people will stop investing, the value of the coin will plummet, and we won't be able to advance the scientific causes we all would like to.

We didn't quadruple the number of coins.

We doubled the number of coins when we doubled the network mining types.

When we had 184 million total projected coins, we only had GPUs.

Now we have 1300 CPUs doing CPU mining for half of the total networks reward schedule.

I surely hope you don't believe they are not doing anything, because they are the only reason why we reached #52 in the world.

If we didn't have cpumining, we would still be #1000 in the world, but yet with a 10~ difficulty and with 250 gpuminers.

Gridcoin has expanded exponentially because of the cpuminer feature.

It ALSO would not be fair to take away half of their reward and tell them we were kidding.

You cannot have it both ways.

I am willing to discuss this further, but my point is we made a team decision to double the coins to implement CPU mining instead of halving the reward when cpu mining was implemented.

Rob H.


My mistake. I misunderstood that. So now the cap is 368 million coins?  I do appreciate the work that you're putting into this by the way.  I do think CPU mining is important and that it will add to the value of the coin and accomplish more scientific research.  The same can be said about a partnership with Berkeley.  Again, thanks for the work you're putting in and let the community know if there's any way we can help.
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March 07, 2014, 02:37:09 AM
 #2489

0 to 450 coins a day was where I fell solo mining on a R9 290.

That's what everyone says about the coin they're pumping these days.

i just wish there were some stats on the page, can you give me the numbers I seek please?

seems like a coin I could believe in, but i need to know if it'll cover my electricity costs

Gridcoin :: GGEijprFRgB8LFVDLbdKQK9CcysFXAXRop
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March 07, 2014, 02:41:08 AM
 #2490

thanks, seems like the miner takes a lot of trouble to set up so i want to know a little more detail

-What's the current network difficulty and where do i find this info?

-I have 3 Mh/s, from what i'm reading it looks like I should be solo mining?  
is CPU mining worth it? I have several i7 quadcore / hexcore cpu's what kind of hashrate would they get in comparison do a 280x GPU?

-On the pool I only see 14 miners? Did there use to be way more at some point? With a market cap of $300,000 I'm kind of confused who is creating all the coins, is everyone just solo mining?=

-Does mining this use the same wattage as normal scrypt mining?

When I sign up, what is "Default GRC address?" I put mine as wutwutinthebutt

C2.1: CfAMDL4FJomN8bLpsPKZz3mBtdQVg7Sgbp
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March 07, 2014, 03:52:50 AM
 #2491

thanks, seems like the miner takes a lot of trouble to set up so i want to know a little more detail

-What's the current network difficulty and where do i find this info?

-I have 3 Mh/s, from what i'm reading it looks like I should be solo mining?  
is CPU mining worth it? I have several i7 quadcore / hexcore cpu's what kind of hashrate would they get in comparison do a 280x GPU?

-On the pool I only see 14 miners? Did there use to be way more at some point? With a market cap of $300,000 I'm kind of confused who is creating all the coins, is everyone just solo mining?=

-Does mining this use the same wattage as normal scrypt mining?

When I sign up, what is "Default GRC address?" I put mine as wutwutinthebutt

pool mining hasn't been set up yet because it's more complicated with gridcoin than other coins.
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March 07, 2014, 04:05:23 AM
 #2492

Quote

what's that then? someone mind answering my other questions please?  much appreciated!

C2.1: CfAMDL4FJomN8bLpsPKZz3mBtdQVg7Sgbp
traderman
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March 07, 2014, 04:06:52 AM
 #2493

Pool mining tutorial: https://cryptocointalk.com/topic/7515-tradermans-pool-mining-poolgridcoinus-tutorial/

Quote

what's that then? someone mind answering my other questions please?  much appreciated!
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March 07, 2014, 04:27:01 AM
 #2494

ok so there is pooled mining.. i have that tab open.. so is it better to pool mine or solo?

is cpu mining worth it if i have a gpu rig? or does the hashrate from cpu mining pale in comparison?

what is "GRC address" do i leave that blank?

C2.1: CfAMDL4FJomN8bLpsPKZz3mBtdQVg7Sgbp
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March 07, 2014, 04:47:23 AM
 #2495

I asked the dev of Boincstats if he would accept GRC donations and as of today Boincstats.com now officially accepts Gridcoin for donations!

Forum Announcement: http://boincstats.com/en/forum/4/9117,1#130269

GRC address for donation: Fv9EeYcoTz9BFUFPVQn6mHS9RMYGM24nze





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March 07, 2014, 08:02:32 AM
 #2496

ok so there is pooled mining.. i have that tab open.. so is it better to pool mine or solo?

is cpu mining worth it if i have a gpu rig? or does the hashrate from cpu mining pale in comparison?

what is "GRC address" do i leave that blank?

Why don't you read the first post? There's a lot of information about the coin and also tutorials how to mine. I think this is the most profitable coin there is available and sure use all your cpu:s:

https://cryptocointalk.com/topic/1922-cpu-mining-tutorialtopic/

The idea is that you calculate boinc with cpu and get paid grc (max 150grc/day/pc). Very profitable. You can also solo mine and 3MH would get you quite a good amount of coins per day. Also pool mining is possible it's up to you.

http://explorer.gridcoin.us/
There's network hashrate and stuff..

Donate BTC: 18hLBMKpTRH9pi1myZHHcmk3kS9JGJLDoi
Donate GRC: G7aoEsY9zjr5td4bNPLmsbB2Dg8dg5EExB
anonerd
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March 07, 2014, 09:29:04 AM
 #2497

I asked the dev of Boincstats if he would accept GRC donations and as of today Boincstats.com now officially accepts Gridcoin for donations!

Forum Announcement: http://boincstats.com/en/forum/4/9117,1#130269

GRC address for donation: Fv9EeYcoTz9BFUFPVQn6mHS9RMYGM24nze







Glorious! Smiley

Still waisting energy on Proof-of-Work? Use your Rigs for scientific progress!
Member of Gridcoin-Germany - http://uscore.net (en) - http://uscore.de (de) - http://gridcoin.us (ann)
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March 07, 2014, 09:49:34 AM
 #2498

A transaction which i sent from my windows wallet to my linux wallet on 2-27 is still stuck with 0 confirmations. Installing the latest win wallet and rebuilding the blockchain didn't help. Is there a way to resend?

Code:
"amount" : 213.00000000,
"confirmations" : 0,
"txid" : "edb68888d2b5e5eff4915e24688de39a9800d7e8170af203a9b97bbed2c26de8",
"time" : 1393462079,
"timereceived" : 1393464241,
"details" : [
{
"account" : "",
"address" : "Fyc4GEHpc84SwCdYwE4FtuatuXRyWSeNN5",
"category" : "receive",
"amount" : 213.00000000

s4mmy
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March 07, 2014, 10:16:48 AM
 #2499

A transaction which i sent from my windows wallet to my linux wallet on 2-27 is still stuck with 0 confirmations. Installing the latest win wallet and rebuilding the blockchain didn't help. Is there a way to resend?

Code:
"amount" : 213.00000000,
"confirmations" : 0,
"txid" : "edb68888d2b5e5eff4915e24688de39a9800d7e8170af203a9b97bbed2c26de8",
"time" : 1393462079,
"timereceived" : 1393464241,
"details" : [
{
"account" : "",
"address" : "Fyc4GEHpc84SwCdYwE4FtuatuXRyWSeNN5",
"category" : "receive",
"amount" : 213.00000000

I have had similar kind problem. You could try this:

https://cryptocointalk.com/topic/1428-technical-support-thread/?p=25340

Donate BTC: 18hLBMKpTRH9pi1myZHHcmk3kS9JGJLDoi
Donate GRC: G7aoEsY9zjr5td4bNPLmsbB2Dg8dg5EExB
declensions
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March 07, 2014, 10:39:24 AM
 #2500

ok so there is pooled mining.. i have that tab open.. so is it better to pool mine or solo?

is cpu mining worth it if i have a gpu rig? or does the hashrate from cpu mining pale in comparison?

what is "GRC address" do i leave that blank?

Why don't you read the first post? There's a lot of information about the coin and also tutorials how to mine. I think this is the most profitable coin there is available and sure use all your cpu:s:

https://cryptocointalk.com/topic/1922-cpu-mining-tutorialtopic/

The idea is that you calculate boinc with cpu and get paid grc (max 150grc/day/pc). Very profitable. You can also solo mine and 3MH would get you quite a good amount of coins per day. Also pool mining is possible it's up to you.

http://explorer.gridcoin.us/
There's network hashrate and stuff..

thanks, and i did read. I know what the concept is, but it doesn't answer the questions I'm asking. i wasn't asking how to set it up, I already saw the tutorial.

Still no one answered if solo mining is better than pooled mining for this coin, or no difference?

Does mining this coin have the same power usage as regular scrypt coins? (currently mining darkcoin which uses only 50% of usual wattage and very little heat, so i'm looking for something efficient)

Does it matter what type of cpu you have? or do you get 150 grc regardless of what type of cpu? (I have 3930k and 4770k)

C2.1: CfAMDL4FJomN8bLpsPKZz3mBtdQVg7Sgbp
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