Gridcoin (GRC) - first coin utilizing BOINC - Official Thread

[aigeezer]

... unable to upgrade this client via the console as it gets stuck at "Waiting for Gridcoin wallet to exit" and after it fails it returns "Upgrade failed. The operation has timed out".

I got that message also but the update appeared to work despite the failure message. The client has been running for several hours now as version 77 and appears to be normal.

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[TribalBob]

... unable to upgrade this client via the console as it gets stuck at "Waiting for Gridcoin wallet to exit" and after it fails it returns "Upgrade failed. The operation has timed out".

I got that message also but the update appeared to work despite the failure message. The client has been running for several hours now as version 77 and appears to be normal.

Mine did not upgrade until just a few minutes ago. It would fail out and still show as version 76. But it's upgraded now, hopefully no more sync problems...

[TribalBob]

Sleep/Work status written to file %appdata%status.txt for s4mmy.

Is this log auto-rotated or will it just continue to increase in size...?

[lmue]

what is the (max. achievable) total amount of Gridcoins since we have CPU+GPU mining?

what I understood is we have 168 million from GPU mining (based on the avg. 100 GRC per blocks).

and for CPU mining we have the similar amount, right? Which means we are expected to produce 2x168 Million coins in total. Am I correct?

I don't think so ... all coins follow a protocol where only 1 block gets solved/broadcast in the target time, so a particular block can be solved by either a GPU miner or(/and special case when doing both) CPU miner. So the total target would still be 168 M instead of 2 x 168 M (taking an avg of 100 GRC per block generated).

I am not so clear right now as well. How the block can be solved by CPU miner since no scrypt is running on their miners.

Good question . Its got to do with with the parameter (cpumining=true) you put into the conf file ... the client looks up that file and tries to generate grc by hashing away I believe. I maybe wrong though, maybe someone could correct .

CPU mining works like this:

You place your Account ID numbers for each project in the "Projects" list in the appropriate box next to each project.
You set your username for those projects to your default receiving address.
Your computer does work for those BOINC projects.
You get paid each day based on the amount of work done for those BOINC projects.

this I know. Just wondering how many coins can be generated per day considering both CPU and GPU miners.

And what is the total amount of coins can be mined?

[lmue]

what is the (max. achievable) total amount of Gridcoins since we have CPU+GPU mining?

what I understood is we have 168 million from GPU mining (based on the avg. 100 GRC per blocks).

and for CPU mining we have the similar amount, right? Which means we are expected to produce 2x168 Million coins in total. Am I correct?

I don't think so ... all coins follow a protocol where only 1 block gets solved/broadcast in the target time, so a particular block can be solved by either a GPU miner or(/and special case when doing both) CPU miner. So the total target would still be 168 M instead of 2 x 168 M (taking an avg of 100 GRC per block generated).

I am not so clear right now as well. How the block can be solved by CPU miner since no scrypt is running on their miners.

Good question . Its got to do with with the parameter (cpumining=true) you put into the conf file ... the client looks up that file and tries to generate grc by hashing away I believe. I maybe wrong though, maybe someone could correct .

CPU mining works like this:

You place your Account ID numbers for each project in the "Projects" list in the appropriate box next to each project.
You set your username for those projects to your default receiving address.
Your computer does work for those BOINC projects.
You get paid each day based on the amount of work done for those BOINC projects.

this I know. Just wondering how many coins can be generated per day considering both CPU and GPU miners.

And what is the total amount of coins can be mined?

lmue, on 11 Feb 2014 - 10:43 AM, said:
 
what is the (max. achievable) total amount of Gridcoins since we have CPU+GPU mining?
 
what I understood is we have 168 million from GPU mining (based on the avg. 100 GRC per blocks).
 
and for CPU mining we have the similar amount, right? Which means we are expected to produce 2x168 Million coins in total. Am I correct?
 
Answered by Rob:
Correct.
50% CPU, 50% GPU.

[TribalBob]

Gridcoin at difficulty 11!!!

[TribalBob]

Ummm, the block explorer seems to be having a problem:

Code:

Server Error in '/' Application.

Runtime Error

Description: An application error occurred on the server. The current custom error settings for this application prevent the details of the application error from being viewed remotely (for security reasons). It could, however, be viewed by browsers running on the local server machine. 

Details: To enable the details of this specific error message to be viewable on remote machines, please create a <customErrors> tag within a "web.config" configuration file located in the root directory of the current web application. This <customErrors> tag should then have its "mode" attribute set to "Off".


<!-- Web.Config Configuration File -->

<configuration>
    <system.web>
        <customErrors mode="Off"/>
    </system.web>
</configuration>

Notes: The current error page you are seeing can be replaced by a custom error page by modifying the "defaultRedirect" attribute of the application's <customErrors> configuration tag to point to a custom error page URL.


<!-- Web.Config Configuration File -->

<configuration>
    <system.web>
        <customErrors mode="RemoteOnly" defaultRedirect="mycustompage.htm"/>
    </system.web>
</configuration>

[heretolearn]

Gridcoin at difficulty 11!!!

Dam .. just when I cant mine the difficulty shoots up :-( (Good in a way though).

About the blockexplorer : any update on version 2 of the same ?

[TribalBob]

Difficulty has come back down to 3, but was at 11 for about 30-60 minutes... Whoever's been hopping chains back and forth seems to have made a big upgrade to their hashing power...

[heretolearn]

Did you notice the hashrate at both times ?

[TribalBob]

Did you notice the hashrate at both times ?

Hmmm, I did not... I will be sure to take a look next time...

[TribalBob]

what is the (max. achievable) total amount of Gridcoins since we have CPU+GPU mining?

what I understood is we have 168 million from GPU mining (based on the avg. 100 GRC per blocks).

and for CPU mining we have the similar amount, right? Which means we are expected to produce 2x168 Million coins in total. Am I correct?

I don't think so ... all coins follow a protocol where only 1 block gets solved/broadcast in the target time, so a particular block can be solved by either a GPU miner or(/and special case when doing both) CPU miner. So the total target would still be 168 M instead of 2 x 168 M (taking an avg of 100 GRC per block generated).

I am not so clear right now as well. How the block can be solved by CPU miner since no scrypt is running on their miners.

Good question . Its got to do with with the parameter (cpumining=true) you put into the conf file ... the client looks up that file and tries to generate grc by hashing away I believe. I maybe wrong though, maybe someone could correct .

CPU mining works like this:

You place your Account ID numbers for each project in the "Projects" list in the appropriate box next to each project.
You set your username for those projects to your default receiving address.
Your computer does work for those BOINC projects.
You get paid each day based on the amount of work done for those BOINC projects.

this I know. Just wondering how many coins can be generated per day considering both CPU and GPU miners.

And what is the total amount of coins can be mined?

lmue, on 11 Feb 2014 - 10:43 AM, said:
 
what is the (max. achievable) total amount of Gridcoins since we have CPU+GPU mining?
 
what I understood is we have 168 million from GPU mining (based on the avg. 100 GRC per blocks).
 
and for CPU mining we have the similar amount, right? Which means we are expected to produce 2x168 Million coins in total. Am I correct?
 
Answered by Rob:
Correct.
50% CPU, 50% GPU.

Hmmm, in that case Rob should edit OP to reflect the correct number of total coins because for right now it says "~168 million"

[andrewp]

Hi all!

@ ROB
I've had a long at the # of CPU miners today and compared it with BOINC stats. Even though we have ~700 CPU miners, there are only 314 hosts doing work for team Gridcoin, I guess it will be similar with GPU miners.
So basically the stats available at BOINC stats do show approximately 1/2 of the work we as a community really do, that's not good.

I would suggest adding a feature that would be checking if a miner is in team Gridcoin and actually enforce it.
I think it is important to keep track of the work that we're doing for BOINC.

What do you think?

Andrew.

[asdlolciterquit]

I really don't understand who is selling at this price :|

[TribalBob]

I really don't understand who is selling at this price :|

People who are dumping so they can buy back in at lower prices and people like me who pay their bills by daytrading and mining...

The only reason the price has gone as low as it has is because C-CEX doesn't have enough people online to keep up the demand to match the supply. Once C-CEX gets bigger there will be more trade volume and we will become less volatile...

[traderman]

Is the block explorer being updated or something, because I can't seem to access it?

[traderman]

Don't forget to vote for Gridcoin here: http://www.allcrypt.com/beta/voting.php you can cast multiple votes every 24h !!

[TribalBob]

Don't forget to vote for Gridcoin here: http://www.allcrypt.com/beta/voting.php you can cast multiple votes every 24h !!

Done, thanks for the reminder!

[heretolearn]

Whoa I didnt realise its double the count ... I was under the impression both CPU+GPU come to 168 M.

In this case where there are 168 X 2 M coins : the original post should be changed on a priority basis and on other relevant sites/forums too. Or else we might be accused of concealing the truth.

[lmue]

Don't forget to vote for Gridcoin here: http://www.allcrypt.com/beta/voting.php you can cast multiple votes every 24h !!

http://www.allcrypt.com/beta/voting.php

ya, the top coins are added already. come and vote.