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erkan
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August 20, 2017, 08:06:26 PM |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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erkan
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August 21, 2017, 09:33:22 AM |
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erkan
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August 21, 2017, 01:25:37 PM |
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QuintLeo
Legendary
 Offline
Activity: 1498
Merit: 1030
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August 21, 2017, 07:31:20 PM |
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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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I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
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chiller
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August 21, 2017, 07:47:19 PM |
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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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SamsaCid
Newbie
Offline
Activity: 24
Merit: 0
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August 21, 2017, 08:25:12 PM
Last edit: August 23, 2017, 06:33:23 PM by SamsaCid |
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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. |
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trumpman
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August 22, 2017, 05:12:32 AM |
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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/ |
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doothewop
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August 22, 2017, 11:03:55 AM |
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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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SamsaCid
Newbie
Offline
Activity: 24
Merit: 0
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August 22, 2017, 08:05:58 PM |
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[...]
#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 |
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erkan
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August 23, 2017, 06:45:21 AM |
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machamizu
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August 23, 2017, 12:47:14 PM |
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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.
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SamsaCid
Newbie
Offline
Activity: 24
Merit: 0
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August 23, 2017, 07:15:04 PM |
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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 |
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QuintLeo
Legendary
Offline
Activity: 1498
Merit: 1030
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August 23, 2017, 07:28:19 PM |
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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.... |
I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
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machamizu
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August 24, 2017, 03:41:27 AM |
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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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Moht
Member
Offline
Activity: 109
Merit: 10
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August 24, 2017, 06:10:43 PM |
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Any estimation on a Mac version of gridcoin mining?
Kind regards
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By learning history, we realize we don't learn from history.
-Philosoraptor
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