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Author Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread  (Read 571072 times)
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July 09, 2014, 01:09:55 PM
 #3181

I think we are doing ok Smiley








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July 09, 2014, 04:55:33 PM
 #3182

I know!

that's why i don't understand the price is so low!

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July 09, 2014, 06:09:05 PM
 #3183

We need people voting at mintpal. Please vote at https://www.mintpal.com/voting
That should help make more people aware of gridcoin and further price appreciation.


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traderman
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July 09, 2014, 06:13:54 PM
 #3184

To be honest after the Mintpal decided to keeps everyone's money who voted and closing the votes I am not sure I want GRC on that exchange. I would much rater get GRC on cryptsy. They have US fiat deposits now.


We need people voting at mintpal. Please vote at https://www.mintpal.com/voting
That should help make more people aware of gridcoin and further price appreciation.
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July 09, 2014, 06:46:47 PM
 #3185

I know!

that's why i don't understand the price is so low!

There are several things that are easy to point to that explain the current price action.  Gridcoin had good price appreciation and support for over a month, then there were a few hiccups during the upgrade and some investors got nervous, then polo closed the GRC/BTC market for a week and a half.  Before the market closed there were 25 btc in buy orders in the book, when it re-opened there were less than 2 btc.  At the same time we had a miner (I know it was a miner(s) because I traced the sell orders back to the blockchain transactions and the GRC came from recently mined blocks) or two who were regularly "dumping" 20,000-50,000 on the orderbook.  There was even a dump of almost 150,000 that broke support around 2000 sat.  The dumping seems to have slowed and buy support is returning.  In addition, Rob continues to work hard at making the wallet stable and we have more miners added to the gridcoin BOINC team every day. 

Gridcoin has had some growing pains but in my opinion that makes it a great buy at this level.  Distributed networks that can capture underutilized resources and compensate the resource holder for the use of that resource will be the next leap in computing technology and that is what Gridcoin does.

What it comes down to is that the only people excited about Gridcoin are the ones mining it.  We need to continue to grow the network and spread the word.  We need people to truly understand the concept of being compensated for contributing to a distributed compute network.  If you want to help spread the word we are organizing a tweet storm here: https://cryptocointalk.com/topic/13188-twitter-storm-guerrilla-marketing-campaign/

Follow me on Twitter @RTMoney_
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July 09, 2014, 08:01:02 PM
 #3186

To be honest after the Mintpal decided to keeps everyone's money who voted and closing the votes I am not sure I want GRC on that exchange. I would much rater get GRC on cryptsy. They have US fiat deposits now.


We need people voting at mintpal. Please vote at https://www.mintpal.com/voting
That should help make more people aware of gridcoin and further price appreciation.

There closed in the voting September 1. So we have time IMO


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DECENT
FOUNDATION



██
██
██
██
██
██
██
██
██

██
██
██


[D]ecentralized application
[E]liminated third parties
[C]ontent distribution       



██
██
██
██
██
██
██
██
██

██
██
██


[E]ncrypted & secure
[N]o borders
[T]imeless reputation 



██
██
██
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Bitrated user: Vagnavs.
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July 10, 2014, 10:03:58 AM
 #3187

I know!

that's why i don't understand the price is so low!

There are several things that are easy to point to that explain the current price action.  Gridcoin had good price appreciation and support for over a month, then there were a few hiccups during the upgrade and some investors got nervous, then polo closed the GRC/BTC market for a week and a half.  Before the market closed there were 25 btc in buy orders in the book, when it re-opened there were less than 2 btc.  At the same time we had a miner (I know it was a miner(s) because I traced the sell orders back to the blockchain transactions and the GRC came from recently mined blocks) or two who were regularly "dumping" 20,000-50,000 on the orderbook.  There was even a dump of almost 150,000 that broke support around 2000 sat.  The dumping seems to have slowed and buy support is returning.  In addition, Rob continues to work hard at making the wallet stable and we have more miners added to the gridcoin BOINC team every day. 

Gridcoin has had some growing pains but in my opinion that makes it a great buy at this level.  Distributed networks that can capture underutilized resources and compensate the resource holder for the use of that resource will be the next leap in computing technology and that is what Gridcoin does.

What it comes down to is that the only people excited about Gridcoin are the ones mining it.  We need to continue to grow the network and spread the word.  We need people to truly understand the concept of being compensated for contributing to a distributed compute network.  If you want to help spread the word we are organizing a tweet storm here: https://cryptocointalk.com/topic/13188-twitter-storm-guerrilla-marketing-campaign/


off course i want to spread the world! count me in!

i'm going to post in that thread!

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July 10, 2014, 11:01:34 AM
 #3188

Hi all,

don't forget that there's a nice competition for voting at Mintpal!

https://cryptocointalk.com/topic/12449-listing-at-mintpal/

A.

Proud Gridcoiner since 2013!
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July 10, 2014, 01:13:20 PM
 #3189

Hi all,

don't forget that there's a nice competition for voting at Mintpal!

https://cryptocointalk.com/topic/12449-listing-at-mintpal/

A.

these are the things that, in the end, make a community's coin great!

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July 10, 2014, 06:58:15 PM
 #3190

A very interesting initiative, but before I can join I need a few clarifications (I've mined Bicoin and altcoins for a long time, so I know all about it. I've also had top hosts in S@H for years, so I know all about BOINC projetcts too):

1: When will you support one wallet address? Current implementation is way too manual as it requires one wallet per host, and administering so many wallet addresses is an no go.
2: I don't understand how the hardware utilization is shared. I use my GPUs to crunch M@H or S@H tasks with each project's optimized binaries, so there is no gpu cycles left to also mine.
3: How to set up ASICs?

Morten
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July 10, 2014, 07:45:49 PM
 #3191

1. Do you mean one wallet on several computers?

2. You can CPU mine Gridcoin and have the GPU do Boinc work for projects like Milkyway@home. That's what I do now.

3. I haven't used asics, but I think it can work if the asic can mine against a loopback address, once the new p2pool is up I think it will be easier to use asic.

A very interesting initiative, but before I can join I need a few clarifications (I've mined Bicoin and altcoins for a long time, so I know all about it. I've also had top hosts in S@H for years, so I know all about BOINC projetcts too):

1: When will you support one wallet address? Current implementation is way too manual as it requires one wallet per host, and administering so many wallet addresses is an no go.
2: I don't understand how the hardware utilization is shared. I use my GPUs to crunch M@H or S@H tasks with each project's optimized binaries, so there is no gpu cycles left to also mine.
3: How to set up ASICs?

Morten
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July 10, 2014, 07:59:03 PM
 #3192

1. Do you mean one wallet on several computers?
No - I mean one address for all miners - just as we do when mining e.g. on clevermining.com - you mine on multiple hosts, but get paid out to one address (use your wallet address as user name). In this case your "master" wallet.

2. You can CPU mine Gridcoin and have the GPU do Boinc work for projects like Milkyway@home. That's what I do now.
My question was GPU. But same goes with CPU - if I use CPUs for S@H or M@H - what's left for mining?

3. I haven't used asics, but I think it can work if the asic can mine against a loopback address, once the new p2pool is up I think it will be easier to use asic.
KNC is referring to Gridcoin, so someone must know how - and I'm looking forward to the FAQ / description from those who know.

A very interesting initiative, but before I can join I need a few clarifications (I've mined Bicoin and altcoins for a long time, so I know all about it. I've also had top hosts in S@H for years, so I know all about BOINC projetcts too):

1: When will you support one wallet address? Current implementation is way too manual as it requires one wallet per host, and administering so many wallet addresses is an no go.
2: I don't understand how the hardware utilization is shared. I use my GPUs to crunch M@H or S@H tasks with each project's optimized binaries, so there is no gpu cycles left to also mine.
3: How to set up ASICs?

Morten

Morten

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July 11, 2014, 12:13:06 AM
 #3193

Everyone, let me know what you think about the new explainer video, this is a rought draft for now, if anyone has any ideas let me know.

https://cryptocointalk.com/topic/13238-tradermans-gridcoin-explainer-video/
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July 11, 2014, 01:05:24 AM
 #3194

hi guys
for 6 days no CPU blocks. works but does not find
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July 11, 2014, 07:05:29 AM
 #3195

having a issue
when i set poolmining true
mines for a lil while then wallet crashes
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July 11, 2014, 08:35:24 AM
 #3196

having a issue
when i set poolmining true
mines for a lil while then wallet crashes

Hi,

I haven't had any issues like that. What version are you running?

A.

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July 11, 2014, 08:35:53 AM
 #3197

Major fix for CPU mining.
New Version Available - Please Upgrade:
15.1/2.1.5.1:
https://cryptocointalk.com/topic/1331-new-coin-launch-announcement-grc-gridcoin/page-262#entry110595

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July 11, 2014, 10:27:24 AM
 #3198

having a issue
when i set poolmining true
mines for a lil while then wallet crashes

Hi,

I haven't had any issues like that. What version are you running?

A.

v2.1.5.0-g71-prod

Updating to new one now
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July 11, 2014, 10:39:02 AM
 #3199

heres my config
everything  ok?
Code:
rpcuser=xxxxx
rpcpassword=somepass
rpcallowip=localhost
rpcallowip=127.0.0.1
rpcallowip=192.168.*.*
logtimestamps=1
server=1
listen=1
daemon=1
rpcport=9332
addnode=supernode.gridcoin.us
poolmining=true
pooluser=xxxxxx
miner=xxxxxx
poolpassword=xxxxxxxxx
poolurl=http://pool.gridcoin.us
cpumining=true
threadlimit=2
email=email@here
suppressminingconsole=true
closeconhost=false
boincappdir=D:\Program Files (x86)\BOINC\
boincdatadir=D:\Program Files (x86)\BOINC\Data\
Project1=xxxxxx
Project2=xxxxxx
Project3=xxxxxx
Project4=xxxxxx
Project5=xxxxxx
UpdatingLeaderboard=false
im mining solo localhost:port to wallet is ok
mining pool localhost:port to wallet = wallet death after a bit
testing new ver now
v2.1.5.1-g71-prod

ok crashed on pool true again heres the error

Code:
Problem signature:
  Problem Event Name: APPCRASH
  Application Name: gridcoin-qt.exe
  Application Version: 0.8.5.1
  Application Timestamp: 53bf326f
  Fault Module Name: jscript9.dll
  Fault Module Version: 11.0.9600.17207
  Fault Module Timestamp: 53a217f1
  Exception Code: c0000005
  Exception Offset: 0003df48
  OS Version: 6.1.7601.2.1.0.256.1
  Locale ID: 1033
  Additional Information 1: 0a9e
  Additional Information 2: 0a9e372d3b4ad19135b953a78882e789
  Additional Information 3: 0a9e
  Additional Information 4: 0a9e372d3b4ad19135b953a78882e789
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July 14, 2014, 04:01:58 AM
 #3200

Love the concept behind this coin alot.  Useful application of all this computation power...what a concept.

Submitted my vote on Cryptsy to get GRC added.  Still quite a ways behind ALN, MED, and XRP but what the hell. Smiley

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