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Author Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread  (Read 597496 times)
nonny12
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November 20, 2013, 03:50:32 AM
 #181


I like this idea, as my nvidia graphics card is regarded as useless for mining, and I think I agree
you could get more people mining and more interested this way.

Check out CUDA miner.
Gridcoin (OP)
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November 20, 2013, 03:12:25 PM
 #182

Regarding Nvidia mining, I have not done it personally but I am sure you can mine LTC with Cudaminer and you should be able to use guiminer with cudaminer and it should work with gridcoin--even in the beta guiminer window.
If anyone has done it please let us know how you are doing.

BTW, we did find a lot of BOINC projects that use the AMD GPUs.  For a while, I thought they were primarily Nvidia, but that is really not the case, it has to do with the particular projects implementation.
MilkyWay for instance can use the radeon to its full capacity and you will see your GRC mining efforts halve on one card when you turn it on-- this is a big hint for the future capabilities (ie working on increasing your avg credits).


@Alien: You should add to the main page that the reward will halve every 840,000 blocks or about 4 years. 
Will do as soon as I can get back to the finer things in life, LOL, Aysyr is compiling a ToDo list, and Aysyr will you please put this on my list?

->Also, when a block explorer is created in the future, will it be possible to calculate definitively the outstanding money supply or will we have to continue to estimate (so far 2/3 max block reward)?
It would be interesting to see how close it is running to the estimates, ie the amount of BOINC utilization most miners are using on average..

I am all for writing a block explorer ASAP, and I think what you said here is worthwhile to put in.  We can have it add up all of the mining subsidies in the whole chain and put it on the front page.
Right now it is possible to list unspent outputs in your rpc window and dump that into notepad.  If you can dump it in excel you could add it up.  But I do want to put it on a web page so we can just refresh it!

Thanks guys.

Rob H.




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A L I E N
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November 21, 2013, 05:28:23 AM
 #183



I think a good way to get people interested early on, is by giving out freebies in abundance. Is there a thread here at bitcointalk.org where there is free gridcoins being given away?



https://bitcointalk.org/index.php?topic=324341.0
traderman
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November 21, 2013, 07:36:11 PM
 #184

There was an article on Wall Street Journal about wannabe cryptocoins and Gridcoin and a bunch of other ones were mentioned on that list. Pretty cool I think. LOL

http://online.wsj.com/news/articles/SB10001424052702304607104579210051252568362
Gridcoin (OP)
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November 21, 2013, 08:11:27 PM
 #185

There was an article on Wall Street Journal about wannabe cryptocoins and Gridcoin and a bunch of other ones were mentioned on that list. Pretty cool I think. LOL

http://online.wsj.com/news/articles/SB10001424052702304607104579210051252568362

You beat me to the punch,

Thank you Wall Street Journal for your fair and balanced reporting!

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November 21, 2013, 08:31:57 PM
 #186

^^ Lol BBQ

Gridcoin will dominate soon...just keep mining  Grin Grin Grin
pabloangello
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November 21, 2013, 08:46:56 PM
 #187

Is CPU mining this coin with BOINC possible and profitable?

traderman
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November 22, 2013, 01:47:44 AM
 #188

I think there are some new improvements in the new version of the Gridcoin client that allows cpu pool mining.

Is CPU mining this coin with BOINC possible and profitable?
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November 23, 2013, 08:27:32 PM
 #189

Stop mining everybody!! Difficulty is to high  Wink (I want more...)
Ghepetto
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November 24, 2013, 02:37:43 AM
 #190

There was an article on Wall Street Journal about wannabe cryptocoins and Gridcoin and a bunch of other ones were mentioned on that list. Pretty cool I think. LOL

http://online.wsj.com/news/articles/SB10001424052702304607104579210051252568362

You beat me to the punch,

Thank you Wall Street Journal for your fair and balanced reporting!




Congrats!

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traderman
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November 24, 2013, 05:42:55 AM
 #191

Here is my explainer video I did myself to promote Gridcoin. Do not ask me how long this damn thing took.  Shocked

Give it many many likes  Grin

http://www.youtube.com/watch?v=s1tmNmZomeM

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November 24, 2013, 06:32:45 AM
 #192

Here is my explainer video I did myself to promote Gridcoin. Do not ask me how long this damn thing took.  Shocked

Give it many many likes  Grin

http://www.youtube.com/watch?v=s1tmNmZomeM



Nice work!!
Liked, shared, tweeted out...
traderman
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November 24, 2013, 03:43:02 PM
 #193

Thanks  Wink

Here is my explainer video I did myself to promote Gridcoin. Do not ask me how long this damn thing took.  Shocked

Give it many many likes  Grin

http://www.youtube.com/watch?v=s1tmNmZomeM



Nice work!!
Liked, shared, tweeted out...
lmue
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November 25, 2013, 12:48:15 PM
 #194

If Gridcoin go to the exchange markt in the near future, how much would you expect the exchange rate to BTC or LTC.

I would guess 0.1 BTC/ 1000 GRC. We can reach that point soon. Comparing to FTC, WDC and some other coins, we have great potential.

GRC: GAcm1qG5XAjZGh8FJ7X5jSUFBM49Kom9Et

C-cex, 交易GRC

Coins-e, 其他虚拟货币

<a target="_blank" href="http://shang.qq.com/wpa/qunwpa?idkey=02e66be6eb2de2a31ec26119d488a63ae31ad726787f7ef44a979839fd855232"><img border="0" src="http://pub.idqqimg.com/wpa/images/group.png" alt="Gridcoin交流群 (GRC)" title="Gridcoin交流群 (GRC)"></a>
spartacusrex
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November 25, 2013, 01:37:37 PM
 #195

Hello..

I like the idea of checking for boinc and paying more if they are using it.

My question is - How do you CHECK whether they actually are running the proper Daemon ?

How do you know they are not just running a hacked version that doesn't use any CPU power to get in the way of the mining ?

Can i not just compile a version which does nothing..

I am curious as i was also thinking of some sort of distributed programming language that you could run instead of mining, but could not find a fix to these issues ?

Good Luck with your efforts!  Grin

Life is Code.
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November 25, 2013, 02:57:28 PM
 #196

Yes we do have potential. I really hope Gridcoin surpasses all of them, maybe I am dreaming, but you never know.

If Gridcoin go to the exchange markt in the near future, how much would you expect the exchange rate to BTC or LTC.

I would guess 0.1 BTC/ 1000 GRC. We can reach that point soon. Comparing to FTC, WDC and some other coins, we have great potential.
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November 25, 2013, 02:58:41 PM
 #197

some of the recent update I believe have made it impossible to run a hacked version.

Hello..

I like the idea of checking for boinc and paying more if they are using it.

My question is - How do you CHECK whether they actually are running the proper Daemon ?

How do you know they are not just running a hacked version that doesn't use any CPU power to get in the way of the mining ?

Can i not just compile a version which does nothing..

I am curious as i was also thinking of some sort of distributed programming language that you could run instead of mining, but could not find a fix to these issues ?

Good Luck with your efforts!  Grin

pabloangello
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November 25, 2013, 03:06:37 PM
 #198

Is there a topic where can I buy GRC?

spartacusrex
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November 25, 2013, 03:11:21 PM
 #199

some of the recent update I believe have made it impossible to run a hacked version.

Hello..

I like the idea of checking for boinc and paying more if they are using it.

My question is - How do you CHECK whether they actually are running the proper Daemon ?

How do you know they are not just running a hacked version that doesn't use any CPU power to get in the way of the mining ?

Can i not just compile a version which does nothing..

I am curious as i was also thinking of some sort of distributed programming language that you could run instead of mining, but could not find a fix to these issues ?

Good Luck with your efforts!  Grin


That's great..

But do you know how ?

It's quite hard to do.. Since I could just compile my own version of Linux that returned whatever information was required to trick GCoin into thinking I was running boinc..

Does boinc have some kind of POW that verifies that you are doing what you say you are doing ?

Life is Code.
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November 25, 2013, 04:50:32 PM
 #200

Hello All,
 
Version 4.61 is available for download @ www.gridcoin.us as the "beta" version.
 
1. Delete your program files (x86)\gridcoin directory (except for the guiminer folder). (Still working on the auto-upgrade).
2. Reinstall the MSI.
3. If you have a version older than 3.0, delete your blocks & chainstate folder in users\~\gridcoin and resynchronize.
If you do install the new version first, you can test to see if you have the old chain by :
going to the rpc console after syncing, and type "getblock 20000" <enter>.
If you have the newest database, the boinchash will contain over 200 characters plus "SOLO_MINING".  If you see garbage, upgrade
your chain.
4. To be part of the cpu mining test group (not currently live, only for testing), go into "Projects"
and choose a boinc project.  Add that project to your boinc projects list inside boinc.  Go to the project web site.
Create a new user using your default GRC receiving wallet address as a username.  Rename your gridcoin receiving wallet address
as "Default".  Modify your gridcoin.conf file and add the following key "cpumining=true".  You can GPU mine and cpumine at the
same time.  You can also GPU pool mine and CPU mine at the same time.  Once this key is enabled and the wallet is restarted,
once per day the system will send out a project beacon, and this currently costs about .08 GRC per day to participate (due
to transaction costs on the network --- soon we will be able to show the project name in the Transaction History, such as
"Malaria" in place of the .08grc debit).
 
Once this beacon is sent, you are cpu mining as long as boinc is working on that project.  To check your cpu mining credits, go back to "Projects" and press Query.
If you receive a negative number, an error occurred so please type the error into the forum and we will work it out.
Otherwise, if you receive a positive number, the off-chain PoW is working.  Note: You will have to wait until accumulate actual boinc credits for that project before any number appears. (You can check the official web site for that project to see if you have any, or check inside boinc).
 
To see your status in the cpu mining pool, go to the rpc console and type "listcpuminers".
It takes approximately 15 minutes for cpuminers to appear after the beacon is sent, because other GPU miners must verify the
PoW.
 
In the next few weeks you will be able to run a report to see the amount owed to you per day (approximately 150 grc per day per cpu miner
 is allocated in pool2 - until we have our first 576 users).  Note: Your PoW credits will affect the amount of shares you receive, so it will be very
fair for everyone, since high powered users will have higher credit counts per day.  Also, boinc users running with a GPU setup for boinc but not for mining will earn more boinc credits and therefore more shares in pool2.
 
5.  In the Mining Console, the internal CPU miner will hash the boinc utilization + credits + threads into a block, and
will place that block in the next GPU block automatically, that is the reason you will see the progress bar moving back and
forth as miners find new blocks.
 
Good luck everyone,
Rob Halford
 
Addendum : The version is now 1.0.3.5.  To save you a lot of pain, download the MSI to your machine before running it and right click on it, and Unblock the contents before executing. 
Also, if you have guiminer in your gridcoin directory, ensure the Folder is not Read Only after the upgrade (or you will receive guiminer.exe.log errors). 

Someone asked if the upgrade was mandatory:

No not mandatory yet; the issue is I think a lot of people are running the old chain and Id like to see 51% upgrade to the new version before we force it on them.  The other thing is since this version has so many beta features I dont want to release a beta version as prod without testing it.  Once I know this version is generally accepted and is stable (with guiminer in it) we can do a mandatory upgrade otherwise it could be a disaster.  But I agree, we need to do this quickly.
 
As far as cpumining affecting the gpuminers:  For one, this coin will always need the gpu miners (or whatever latest technology exists in the future) to ensure it can live without third party web sites in order for people to have faith to invest in the chain, ie who would put their money in the chain if it didnt have good security?  So, primarily the scrypt blockchain stays and is required for the coin to even exist.  However since this is BOINC based and we want higher boinc efficiency I think adding in 576 boinc users into our mix is a very good thing for everyone, and gives the coin a strong user base.  Having 5-20 cpu miners mining in pool 2 isnt even going to affect the gpu miners one bit, not even like a flea on the back of this coin, since the coin only pays out one block per day per cpu miner; while the gpu miners are mining one block every 2.5 minutes.  So, in effect it does not dilute the coin (since these new users have to do work to have any block payment per day), and adds to our user base and efficiency.  If we ever grow to 576 users, those cpu users become half of the network (thats the cap, and that when the coin is 50% cpu, 50% gpu; it may never happen) but if it did, we would have a strong user base and over 75% boinc efficiency. 
 
Anyway to answer your question as far as today is concerned, there are no changes to the coin, or the solo mining, or the integrated pool mining for gpus.  The only difference is when cpu miners start coming online, when your machine finds a new gpu block, it will check the work of those 5 users "once per day" through the berkeley api system (using one of the seed nodes) and write that info to the chain.  That will allow the info to be block hashed, and then pool2 will be paid percentages of their daily amount until it meets the share level.  Right now, the payout feature isnt enabled, were just trying to see if it works by testing.
 
Thanks,
Rob Halford

Gridcoin: scientia humana libertas
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