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

[meyer]

I downloaded the wallet but it is not doing the sync... I have to do some things before?

[1713993659]

1713993659

[1713993659]

1713993659

[pallas]

I downloaded the wallet but it is not doing the sync... I have to do some things before?

wait a bit for the first sync.
if it doesn't work, try adding this to your gridcoinresearch.conf file:

addnode=137.116.167.42
addnode=137.116.167.52
addnode=191.238.60.17
addnode=191.238.51.28
addnode=191.235.137.239
addnode=191.235.138.12
addnode=23.97.147.78
addnode=23.97.148.49
addnode=138.91.246.228
addnode=138.91.247.22
addnode=node.gridcoin.us

[traderman]

The new POR GRC wallet will be available on the exchanges in a few days, maybe Friday.

Is there any Exchange for Gridcoin 2 ? Why isn't it again on Bittrex?

What is the progress here?

[mirny]

Can I join all of these projects?
And all of them will be rewarded?
http://coinwik.org/Current_BOINC_Whitelist

[traderman]

There will be a multipool system setup where you can mine other algo coins and exchange for POR GRC. We have been planning this for a long time now. There are many technical challenges that prevent the RAC as being used in the probability of finding blocks. That is why the RAC is used in determining the reward! If you have some ideas that you would like to see implemented you can post here: https://cryptocointalk.com/topic/1331-new-coin-launch-announcement-grc-gridcoin/

So PoR is just PoS with a reward based on boinc RAC? Correct?
That's not what I expected... RAC (or whatever boinc index) should determine the probability of mining a block, not the stakepower, IMHO.

No the payout is based on your BOINC contribution. Next to this there is also "normal" interest for those who do not run BOINC, which you will also receive if you are running it.

http://coinwiki.info/en/Proof-of-Research#Gridcoin-Research_Reward_Calculation_Example

That's what I was saying: RAC makes reward but I'm talking about the probability of finding blocks.
I can have a good RAC but not find any blocks because my stakeweight is low (as any newbie to the coin trying to mine it).

As someone has to provide trust in order to stay decentralized, we chose to let bagholders secure the network while BOINCers
are rewarded proportional to their useful computations.
Solving blocks is more frequent with growing stake, but the payout stays miniscule as long as you don't work for sience.
At the same time we boost new comers (i.e. low stakers) by a probability multiplier to favour them in earning their blocks!

I see.
But please understand that a newbie trying to get into the coin by mining will have a hard time if, like in my case, he mines for 2 weeks without getting a single coin. He'll go away and maybe post some bad words on the forums.
I believe the probability of finding a block should also depend on RAC or, as an alternative, you should build a pool system so newcomers can get even little rewards, without waiting weeks for their stake to grow.

[traderman]

Just make sure you can get above RAC 100 on all of them. I have several rigs and I run about 5 projects per rig.

Can I join all of these projects?
And all of them will be rewarded?
http://coinwik.org/Current_BOINC_Whitelist

[traderman]

You can still GPU hash on the old GRC chain, it has a 6 months till it is completely shut down, but the block reward drops to 10 after block 200,000 and right now it is on block 198489 according to http://explorer.gridcoin.us/

Ty, traderman! As always - fast and detailed response
As i can see, there are no GPU mining now (scrypt/SHA-256 etc. mining i mean). So no need to configure cgminer or anything like that, i'm right? (i can't access wiki, sorry)

[traderman]

I am assuming you are running the POR GRC?
You have to edit your gridcoinresearch.conf in appdata/roaming/gridcoinresearch

email="your boinc email"
rpcport=9334
rpcallowip=127.0.0.1
addnode=node.gridcoin.us

I downloaded the wallet but it is not doing the sync... I have to do some things before?

[mirny]

Just make sure you can get above RAC 100 on all of them. I have several rigs and I run about 5 projects per rig.

Can I join all of these projects?
And all of them will be rewarded?
http://coinwik.org/Current_BOINC_Whitelist

I have from 3 to 6 projects connected on different rigs.
And yes I know that i need RAC more than 100, but when I look on this site http://www.gridcoin.us/Guides/BOINC/whitelist.htm
there is few projects with Less work than active hosts' projects. So now I don't know If I can connect to them or not.
So now, where is the truth?

[burner2014]

Is there any Exchange for Gridcoin 2 ? Why isn't it again on Bittrex?

What is the progress here?

Classic gridcoin will most likely retire by the end of this week. Polo, C-cex and Swisscex will al stop trading Gridcoin classic by then. The ticker will change to GRCX.
These exchanges will all add Gridcoinresearch as soon as the client is stable enough to be released to them. Right now Rob is still working on a few tweaks, latest estimate I have seen is Friday. Obviously the client has to be absolutely stable to be released.
When this happens we can start tweeting Bittrex some more and launch a campaign to get us added. I have been tweeting them regularly over the last weeks just to get our name to stick.

Thanks ! Do I need to move my coins to burn or can I let them there and they get exchanged automatically?

[RTMoney]

Just make sure you can get above RAC 100 on all of them. I have several rigs and I run about 5 projects per rig.

Can I join all of these projects?
And all of them will be rewarded?
http://coinwik.org/Current_BOINC_Whitelist

I have from 3 to 6 projects connected on different rigs.
And yes I know that i need RAC more than 100, but when I look on this site http://www.gridcoin.us/Guides/BOINC/whitelist.htm
there is few projects with Less work than active hosts' projects. So now I don't know If I can connect to them or not.
So now, where is the truth?

The website is slightly out of date.  The wiki is most up to date.  If you want information directly from the source open the debug window and enter the command "listitem projects" and it will give you the white list of projects approved for Gridcoin.  Also, less work than active hosts means the BOINC project doesn't have enough work to go around.  It is a good idea to add a few projects you want to contribute to, the new magnitude calculation takes the guess work out of choosing which project to contribute to because it is you average contribution across all projects for the entire Gridcoin team.  Just pick a few on the whitelist you like, make sure you have work in your boinc manager and you are working for science, getting rewarded in Gridcoin. 

[RTMoney]

Is there any Exchange for Gridcoin 2 ? Why isn't it again on Bittrex?

What is the progress here?

Classic gridcoin will most likely retire by the end of this week. Polo, C-cex and Swisscex will al stop trading Gridcoin classic by then. The ticker will change to GRCX.
These exchanges will all add Gridcoinresearch as soon as the client is stable enough to be released to them. Right now Rob is still working on a few tweaks, latest estimate I have seen is Friday. Obviously the client has to be absolutely stable to be released.
When this happens we can start tweeting Bittrex some more and launch a campaign to get us added. I have been tweeting them regularly over the last weeks just to get our name to stick.

Thanks ! Do I need to move my coins to burn or can I let them there and they get exchanged automatically?

It is probably best to burn the coins yourself.  There has been no official statement that the exchanges will do it for you.  It is very easy:

Assuming you have already downloaded and installed the new wallet: http://download.gridcoin.us/download/downloadstake/GridcoinResearch.msi

First update your wallet to the newest version:
you can choose to upgrade using the upgrade option in the wallet or by installing a fresh version, windows MSI Here: http://download.gridcoin.us/download/gridcoin.msi

Second, withdraw your coins from Polo or c-cex to your upgraded wallet

Third go to this page and follow the instructions: http://pool.gridcoin.us/CoinExchange.aspx

Also if you would like to catch up on everything the wiki's are starting to get populated nicely and have a lot of in depth information that is easy to read all in one place:
Primary: http://wiki.gridcoin.us/Main_Page
Mirror 1: http://coinwiki.info/en/Gridcoin
Mirror 2: http://coinwik.org/GridCoin

[traderman]

Step 1: Get Grc classic up and running and send the grc classic coins from the exchange to your wallet on your pc. http://download.gridcoin.us/download/gridcoin.msi

Step 2: Download and sync up the POR GRC wallet! http://http//download.gridcoin.us/download/downloadstake/GridcoinResearch.msi

Step 3: Burn your coins! http://pool.gridcoin.us/CoinExchange.aspx

Is there any Exchange for Gridcoin 2 ? Why isn't it again on Bittrex?

What is the progress here?

Classic gridcoin will most likely retire by the end of this week. Polo, C-cex and Swisscex will al stop trading Gridcoin classic by then. The ticker will change to GRCX.
These exchanges will all add Gridcoinresearch as soon as the client is stable enough to be released to them. Right now Rob is still working on a few tweaks, latest estimate I have seen is Friday. Obviously the client has to be absolutely stable to be released.
When this happens we can start tweeting Bittrex some more and launch a campaign to get us added. I have been tweeting them regularly over the last weeks just to get our name to stick.

Thanks ! Do I need to move my coins to burn or can I let them there and they get exchanged automatically?

[zulzedd]

TY, all for help!
So i converted most of my GRC into PoR GRC, started my BOINC with couple of projects (Asteroids, WCG, rosetta and LHC) and left it for the night. Now, after all GRC converted and BOINC running i have next picture in wallet :

and BOINC:


Is everything correct? What means that status "All CPU projects are exhausted"? How to check do i mining or not? TY!

UPD.
Here is part of result of listitem cpids command:

Code:

"Project" : "world community grid",
"CPID" : "ad83ffc99415e58412fb7fbaaf6bcd4f",
"CPIDhash" : "67874d55212a9c4bef9e54716ccfb47e",
"Email" : "753e56d759b9ce68ccf5f5fb0fcfc812",
"UTC" : 38148.00000000,
"RAC" : 1.00000000,
"Team" : "gridcoin",
"RecTime" : 1413990723.00000000,
"Age" : 212.00000000,
"Verified UTC" : 0.00000000,
"Verified RAC" : 0.00000000,
"Verified Team" : "",
"Verified RecTime" : 0.00000000,
"Verified RAC Age" : 0.00000000,
"Is my CPID Valid?" : false,
"CPID Link" : "http://boinc.netsoft-online.com/get_user.php?cpid=ad83ffc99415e58412fb7fbaaf6bcd4f",
"Errors" : "RAC too low"

[RTMoney]

TY, all for help!
So i converted most of my GRC into PoR GRC, started my BOINC with couple of projects (Asteroids, WCG, rosetta and LHC) and left it for the night. Now, after all GRC converted and BOINC running i have next picture in wallet :
https://i.imgur.com/iLEaMEW.png
and BOINC:
https://i.imgur.com/NwATAJZ.png

Is everything correct? What means that status "All CPU projects are exhausted"? How to check do i mining or not? TY!

Check to make sure the email in your .conf file matches your BOINC email EXACTLY.  One of two things is happening, you haven't had enough BOINC credits to populate yet (takes a day or two if its a new account) or the email address isn't correct.  Let us know what you find.

[traderman]

Looks like everything is working fine. Also if you have boinc installed in a non standard directory add these lines to you conf file:

boincappdir="where you installed boinc"
boincdatadir="where your boinc data dir is located"

TY, all for help!
So i converted most of my GRC into PoR GRC, started my BOINC with couple of projects (Asteroids, WCG, rosetta and LHC) and left it for the night. Now, after all GRC converted and BOINC running i have next picture in wallet :

and BOINC:


Is everything correct? What means that status "All CPU projects are exhausted"? How to check do i mining or not? TY!

[zulzedd]

I edited my previous post with some "listitem cpuids" results. Looks like e-mail and pathes to BOINC are correct, but, since i was away from BOINC for a while, my RAC is too low for now.
Is this reason for ""Is my CPID Valid?" : false," ?

[mirny]

Just make sure you can get above RAC 100 on all of them. I have several rigs and I run about 5 projects per rig.

Can I join all of these projects?
And all of them will be rewarded?
http://coinwik.org/Current_BOINC_Whitelist

I have from 3 to 6 projects connected on different rigs.
And yes I know that i need RAC more than 100, but when I look on this site http://www.gridcoin.us/Guides/BOINC/whitelist.htm
there is few projects with Less work than active hosts' projects. So now I don't know If I can connect to them or not.
So now, where is the truth?

The website is slightly out of date.  The wiki is most up to date.  If you want information directly from the source open the debug window and enter the command "listitem projects" and it will give you the white list of projects approved for Gridcoin.  Also, less work than active hosts means the BOINC project doesn't have enough work to go around.  It is a good idea to add a few projects you want to contribute to, the new magnitude calculation takes the guess work out of choosing which project to contribute to because it is you average contribution across all projects for the entire Gridcoin team.  Just pick a few on the whitelist you like, make sure you have work in your boinc manager and you are working for science, getting rewarded in Gridcoin. 

Yeah, I've been looking for listitem projects as well, so I had three lists of projects and had no idea which is accurate.
Now, everything is clear.
Thank you.

[traderman]

Yep once you get some RAC above 100 it will pick it up and it will be ok!

I edited my previous post with some "listitem cpuids" results. Looks like e-mail and pathes to BOINC are correct, but, since i was away from BOINC for a while, my RAC is too low for now.
Is this reason for ""Is my CPID Valid?" : false," ?

[traderman]

FRIENDLY TIP!!!!

One of my rigs was getting many interest payments , but not many POR blocks and I could not figure out what the problem was. It turns out that I had Boinc installed in a different directory than the the default Boinc install dir. So if your Boinc is installed in a non-default dir you have to specify this in your gridcoinresearch.conf file.

boincappdir="where you installed Boinc"
boincdatadir="where the Boinc data fold is located"

After I made the change I started getting POR blocks. I think what is happening is that if the GRC wallet can't see your stats you are classified as an "INVESTOR" and you are only awarded the interest! So once you specify to the wallet where your Boinc data is, the wallet can then see your work and give you appropriate credit for the POR block!