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Author Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread  (Read 555355 times)
QuintLeo
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August 21, 2017, 07:31:20 PM
 #5221

I wish someone could figure out how to turn the excessive Erkan spam off.
Having even just THE HEADERS of his ignored posts filling more than a page at a time is starting to get irritating.
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August 21, 2017, 07:47:19 PM
 #5222

I wish someone could figure out how to turn the excessive Erkan spam off.
Having even just THE HEADERS of his ignored posts filling more than a page at a time is starting to get irritating.


Yeah I raised my concerns earlier. I think it would be enough to post 24hrs news aggregate in a single post, would be more beneficial if you wanted search the news by day etc. 

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August 21, 2017, 08:25:12 PM
 #5223

Hello guys,
I just stumbled upon Gridcoin on my search for projects with a real use which already are kinda established and without a community going full "moon-lambo" talking.
Since I'm rather new to cryptocurrencies and seeing all the hypes about ICOs I'm glad I found one like this.

As far as I could read (here and on reddit) this system looks very useful/supportive. So I can support projects I like with my own PC that helps people and their work.
Not sure if I can earn enough Gridcoin to pay off my additional electricity costs if I would leave my pc running 24/7 or if there are other benefits for doing so, but whenever I'm online, this wouldn't be a problem at all.

In the next days I've quite a lot to read. First step would be to follow some instructions I've found to register myself in some pool.
After buying or getting some GRC I'll try to do it without a pool.

I'll probably edit this post if I set up everything.

One question in general:
If I have some difficulties or problems, which platform should I prefer to ask for help?

Greetings,
SamsaCid

Edit:
I did it. I followed this instruction to set up BOINC and BAM! and used this one to set up the Gridcoin wallet. Easier than I thought but I needed some hours to read about it. I just added some random projects - can't be wrong as long as they are on this Whitelist.
trumpman
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August 22, 2017, 05:12:32 AM
 #5224

Hello guys,
I just stumbled upon Gridcoin on my search for projects with a real use which already are kinda established and without a community going full "moon-lambo" talking.
Since I'm rather new to cryptocurrencies and seeing all the hypes about ICOs I'm glad I found one like this.

As far as I could read (here and on reddit) this system looks very useful/supportive. So I can support projects I like with my own PC that helps people and their work.
Not sure if I can earn enough Gridcoin to pay off my additional electricity costs if I would leave my pc running 24/7 or if there are other benefits for doing so, but whenever I'm online, this wouldn't be a problem at all.

In the next days I've quite a lot to read. First step would be to follow some instructions I've found to register myself in some pool.
After buying or getting some GRC I'll try to do it without a pool.

I'll probably edit this post if I set up everything.

One question in general:
If I have some difficulties or problems, which platform should I prefer to ask for help?

Greetings,
SamsaCid

I am sure you will get plenty of support at https://steemit.com/trending/gridcoin and slack http://teamgridcoin.slack.com/
erkan
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August 22, 2017, 08:02:04 AM
 #5225

Day 7:

* observation about processes:
            How long does it take to come out with a new Gridcoin version?


https://github.com/Erkan-Yilmaz/GRC/issues/39
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August 22, 2017, 11:03:55 AM
 #5226


If I have some difficulties or problems, which platform should I prefer to ask for help?

#gridcoin irc is also a good resource for getting info.

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erkan
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August 22, 2017, 11:54:09 AM
 #5227

new: Gridcoin version 3.6.0.1 available

* security fixes

* MANDATORY

* V8 stake engine: at block #1010000

https://steemit.com/gridcoin/@erkan/new-release-gridcoin-version-3-6-0-1-mandatory
SamsaCid
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August 22, 2017, 08:05:58 PM
 #5228

[...]

I am sure you will get plenty of support at https://steemit.com/trending/gridcoin and slack http://teamgridcoin.slack.com/

[...]

#gridcoin irc is also a good resource for getting info.

Thank you!
There're some problems with Slack (I prefer Slack for other projects as well) and I can't register myself through the sign-up site.
I found the telegram channel where they told me that I should try it later again and with steemit, reddit and this thread I still have a lot to read.

Greetings,
SamsaCid
trumpman
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August 23, 2017, 04:44:35 AM
 #5229

Some news and stuff, enjoy:

Team Gridcoin gets over 12,000 members, and just a month away from #1 on BOINCstats.com: https://steemit.com/gridcoin/@scalextrix/team-gridcoin-gets-over-12-000-members-and-just-a-month-away-from-1-on-boincstats-com

Gridcoin -- An Introduction for an Updated Whitepaper: https://steemit.com/gridcoin/@jringo/gridcoin-an-introduction-for-an-updated-whitepaper
erkan
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August 23, 2017, 06:45:21 AM
 #5230

more explanations about:

* PoS kernel v8 (in effect in 9 days) and
* the 35% magnitude boost (in effect since 3 weeks)

https://steemit.com/gridcoin/@erkan/gridcoin-pos-kernel-v8-in-effect-in-9-days-and-the-35-magnitude-boost-in-effect-since-3-weeks




new: Gridcoin version 3.6.0.1 available

* security fixes

* MANDATORY

* V8 stake engine: at block #1010000

https://steemit.com/gridcoin/@erkan/new-release-gridcoin-version-3-6-0-1-mandatory
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August 23, 2017, 12:47:14 PM
 #5231

Hello, I'm new to Gridcoin and I have questions about staking.
I'm running Gridcoin Wallet 24/7, and every time I get staking reward (type - Mined PoR), My stake weight goes 0.
After a while, my weight gets back to 44 (I have about 16500 coins). After more than 15 hours or so, weight gets back to 16500 and stakes as usual.
I don't know why the weight doesn't go back to 16500 at once. or is this the normal thing and working just fine?

thanks for your help.

SamsaCid
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August 23, 2017, 07:15:04 PM
 #5232

So I've set up everything and chose some random projects and I got some questions.
Perhaps I'll answer them myself in some days, but eventually someone can share some of their knowledge.

1) I've just chosen some projects from this Whitelist. I've read something like:
One project for GPU, one for CPU and maybe for each one some with low Resource share, if there is no work.

Did I understand that right?
Are there specific projects which would be recommended at the moment if we don't talk about the subjective preferences?

I'll probably try different projects over the next days - each setting for 1-3 days to compare them and to learn more about the different "Preferences" and all those sub projects I can choose from.

My specs at the moment:
Mainboard: ASUS Prime X370-Pro
CPU: AMD Ryzen 7 1700, 8x 3.00GHz
RAM: G.Skill RipJaws V schwarz DIMM Kit 32GB, DDR4-3200, CL16-18-18-38
GPU: Gigabyte Aorus GeForce GTX 1080 Ti Xtreme Edition 11G

2) Anything in general I can keep in mind in the beginning?

3) Is it preffered to run the CPU at 100% or better at 50-80% if it comes to durability? Of course I'm talking about the time, I didn't use the pc at all.

4) I didn't understand the concept of the Magnitude and how to raise it (probably way to early to think about that?) - is there something I should care about?

Perhaps someone can give some advices.

Greetings
SamsaCid
QuintLeo
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August 23, 2017, 07:28:19 PM
 #5233

It's normal for the "stake" to drop to zero for a while after you get a payout. Intended mechanism that seems to be targeted at allowing multiple folks to get payouts over the course of time rather than the "few" getting them quickly and often and everyone else having a much longer wait.


 I'm not sure what projects the 1080ti would be good at on BOINC - my pair are doing other stuff.
 Ryzen should be pretty good to excellent at any of the "cpu but not GPU" projects.

 You'll probably have to run your CPU at somewhat less than 100% cores and time to leave some for feeding the GPU.

 Magnitude is basically a measure of "how your RAC compares to the total Team Gridcoin RAC on a project" - it's generated on each project seperately then added together.

https://www.gridcoinstats.eu is a usefull site to figure out how you're doing on an overall basis, since it actually TRACKS each project and how much RAC is attributable to Team Gridcoin participants.


 It can be good to have one "backup" project for CPU and one for GPU in case your intended "main" project runs out of work - some of the "low participation" projects are that way BECAUSE they run out of work a lot.
 It's probably not needed for most high participation projects, if you set your buffers to keep at least a couple days worth of work on hand.


 You're not going to get rich from Gridcoin, but it has consistantly paid the electric bill (more or less) for the machines I've had running it over the last year and some, and the recent "cryptocoin price surge" has made it actively profitable - just not AS profitable as regular cryptocoin mining on ETH or ZEC for most recent-generation GPUs or XMR for recent-generation CPUs.

 On the other hand, you can do work for science and get the nice warm fuzzy feeling that you're actually doing something useful for humanity while still having GRC earnings help pay the bills....



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August 24, 2017, 03:41:27 AM
 #5234

It's normal for the "stake" to drop to zero for a while after you get a payout. Intended mechanism that seems to be targeted at allowing multiple folks to get payouts over the course of time rather than the "few" getting them quickly and often and everyone else having a much longer wait.


 I'm not sure what projects the 1080ti would be good at on BOINC - my pair are doing other stuff.
 Ryzen should be pretty good to excellent at any of the "cpu but not GPU" projects.

 You'll probably have to run your CPU at somewhat less than 100% cores and time to leave some for feeding the GPU.

 Magnitude is basically a measure of "how your RAC compares to the total Team Gridcoin RAC on a project" - it's generated on each project seperately then added together.

https://www.gridcoinstats.eu is a usefull site to figure out how you're doing on an overall basis, since it actually TRACKS each project and how much RAC is attributable to Team Gridcoin participants.


 It can be good to have one "backup" project for CPU and one for GPU in case your intended "main" project runs out of work - some of the "low participation" projects are that way BECAUSE they run out of work a lot.
 It's probably not needed for most high participation projects, if you set your buffers to keep at least a couple days worth of work on hand.


 You're not going to get rich from Gridcoin, but it has consistantly paid the electric bill (more or less) for the machines I've had running it over the last year and some, and the recent "cryptocoin price surge" has made it actively profitable - just not AS profitable as regular cryptocoin mining on ETH or ZEC for most recent-generation GPUs or XMR for recent-generation CPUs.

 On the other hand, you can do work for science and get the nice warm fuzzy feeling that you're actually doing something useful for humanity while still having GRC earnings help pay the bills....





Thank you for your advice. Now I understand little bit more about staking.
I'll use CPUs for research, and GPUs for mining different coins for a while, and see how it works.

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August 24, 2017, 06:10:43 PM
 #5235

Any estimation on a Mac version of gridcoin mining?

Kind regards

Love your Crypto as thy neighbor,

-KingsKing
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August 25, 2017, 06:39:40 AM
 #5236

Gridcoin's new stake v8 kernel

* in effect at block 1010000, in about 7 days
* info timeline since: Aug 18

https://steemit.com/gridcoin/@erkan/gridcoin-s-new-stake-v8-kernel-in-effect-at-block-1010000-in-about-7-days-info-timeline-since-aug-18



new: Gridcoin version 3.6.0.1 available

* security fixes

* MANDATORY

* V8 stake engine: at block #1010000

https://steemit.com/gridcoin/@erkan/new-release-gridcoin-version-3-6-0-1-mandatory
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August 26, 2017, 12:59:27 AM
 #5237

new: Gridcoin version 3.6.0.2

* MANDATORY

changes:

* Fix incorrect PoS kernel V8 height trigger check.
* Fix invalid superblock height formatting
* Fix several spelling mistakes


https://steemit.com/gridcoin/@erkan/new-gridcoin-version-3-6-0-2-mandatory-security-fixes-v8-stake-engine-at-block-1010000
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August 26, 2017, 06:14:20 AM
 #5238

it seems ca. 38% #BOINC projects missing in this new superblock

* August 26: block #1004226, 45h birth time

https://steemit.com/gridcoin/@erkan/new-superblock-august-26-block-1004226-45h-birth-time-38-boinc-projects-missing
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August 26, 2017, 01:15:45 PM
 #5239

Gridcoin news and stuff  Grin

Quantitative Analysis of Staking Times in Gridcoin V8 - Live at Block 1010000 with v3.6.0.2: https://steemit.com/gridcoin/@dutch/quantitative-analysis-of-staking-times-in-gridcoin-v8-live-at-block-1010000-with-v3-6-0-2

Gridcoin Guide For Odroid (running BOINC): https://steemit.com/gridcoin/@thorondor/gridcoin-guide-for-odroid-running-boinc

GRC GIVEAWAY: https://steemit.com/giveaway/@nightshift1134/grc-giveaway-to-celebrate-over-100-follows-and-a-50-rep
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August 27, 2017, 06:29:54 AM
 #5240

Poloniex has disabled deposits and withdrawals for GRC

https://steemit.com/gridcoin/@erkan/poloniex-has-disabled-deposits-and-withdrawals-for-grc
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