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Author Topic: [ANN][GRA] Graincoin - New PoW/PoS coin | Fast, secure | Version 1.5 Released!  (Read 177057 times)
bee7
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January 24, 2014, 03:46:27 AM
Last edit: January 24, 2014, 04:02:45 AM by bee7
 #2221

Hi all, so its been a few weeks and I've been mining and storing grain in my wallet. But I have yet to receive any interest on my stored grains! Has anyone received an interest payout?

Thanks

GRA: 9LSgR13Uz9Vzcje6gqDENSoW6cJJsmUWpf

Thanks to the kind soul for the 5000 GRA donation. Still no interest, but thank you very much!

It can take a while. Yeah, I've been getting interest. Are you keeping your wallet open?

Have this problem too, absolutely no interest and I leave the wallet open constantly when my laptop is turned on, which is fairly often (10-12 hours a day, more on my days off). Could it be that I'm currently mining other coins or because I only have 897.418965 GRA in my wallet?

GRA: 9JgnvkJnhNmYahurH3wrsU6962pbe6KFsL

Let's take a look.
Here is all transactions with this address:
Code:
a1c8eda160...	129375	2014-01-23 20:22:10	17708.71	17708.71	GRA
22763a869c... 129328 2014-01-23 20:06:34 1.140759 17709.850759 GRA
b8b395df0a... 129279 2014-01-23 19:47:08 (1.030731) 17708.820028 GRA
b8b395df0a... 129279 2014-01-23 19:47:08 (5000) 12708.820028 GRA
6672e36b63... 129023 2014-01-23 17:38:48 5000 17708.820028 GRA
9512583d93... 128964 2014-01-23 17:09:24 1.030731 17709.850759 GRA
bc64f799eb... 128962 2014-01-23 17:08:23 (3.092286) 17706.758473 GRA
bc64f799eb... 128962 2014-01-23 17:08:23 (5000) 12706.758473 GRA
bc64f799eb... 128962 2014-01-23 17:08:23 (5000) 7706.758473 GRA
2cacd5ad9a... 128868 2014-01-23 16:24:00 3.092286 7709.850759 GRA
afeea5ba64... 128800 2014-01-23 15:49:29 3.092874 7712.943633 GRA
e978d27b4e... 97435 2014-01-13 18:52:21 5000 12712.943633 GRA
4087f5bc58... 97432 2014-01-13 18:52:11 5000 17712.943633 GRA

on 01/13 we see two input transactions 5k each.
on 01/23 we see the block 128962 that has both of these inputs merged into 10k and sent to http://coinblockchain.com/grain/address/9JGMqPzfBW6hiXvu8Hz7mcCvUMZBz4Rjnz. So you just destroyed 10 days of coin age an hour before these inputs would be eligible for PoS mining.

Please, read this:


Thanks for the help guys, got it to work from the command prompt.

I had a question about the proof of stake blocks/coins...how do I get some?

I have well over 100k gra here, that I mined,and I've had them for weeks, and I don't see any proof of stake coins in my wallet.

To get PoS block rewards you need to keep your wallet running. It is not necessary to run it for 24 hours a day if you have no many inputs (separate income transactions). Each input has its coin age that is started to count at the moment the tx had place. When its age reaches 10 days that input is eligible for PoS mining. The PoS mining is the process of searching the golden nonce for the block using eligible inputs, but the algorithm is much less CPU intensive than PoW mining. When the golden nonce is found for that particular input the block is solved. The block reward is added to the amount of the selected input and sent back to the same address being split into two equal inputs. Thus the coinage of the input is spent, the new two inputs has their coin age reset to zero and the process repeats. So, if you have not many transactions you may run your wallet for the couple of days each 10 days. But if you still mine PoW blocks that means that you regularly receive payouts from blocks itself if you do solo or from the pool otherwise. Then it is reasonable to keep the wallet running as much as possible. So you have to decide your strategy according to the situation.

Edit: As soon as all your eligible inputs generated the PoS blocks then there is no need to keep wallet running until you get another inputs eligible. All these transactions are shown in your wallet so, you could easily determine if you mined a block.
ZeroBarrier
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January 24, 2014, 03:55:11 AM
 #2222

Hi all, so its been a few weeks and I've been mining and storing grain in my wallet. But I have yet to receive any interest on my stored grains! Has anyone received an interest payout?

Thanks

GRA: 9LSgR13Uz9Vzcje6gqDENSoW6cJJsmUWpf

Thanks to the kind soul for the 5000 GRA donation. Still no interest, but thank you very much!

It can take a while. Yeah, I've been getting interest. Are you keeping your wallet open?

Have this problem too, absolutely no interest and I leave the wallet open constantly when my laptop is turned on, which is fairly often (10-12 hours a day, more on my days off). Could it be that I'm currently mining other coins or because I only have 897.418965 GRA in my wallet?

GRA: 9JgnvkJnhNmYahurH3wrsU6962pbe6KFsL

Usually the pos blocks start after about 2 weeks of holding of the coins in the wallet. If you move the coins around (from one wallet to another), count time will reset. So please be patient. The pos block will be generated once the coin-day satisfy certain conditions.

Haven't moved the coins at all. Is the 2 weeks of holding mean 2 weeks worth of having the wallet open (336 hours of having the wallet open) or just 2 weeks after the coins have been minted?

Also, thank you to the kind soul that just sent me a donation.  Smiley
bee7
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January 24, 2014, 03:57:03 AM
 #2223


Haven't moved the coins at all. Is the 2 weeks of holding mean 2 weeks worth of having the wallet open (336 hours of having the wallet open) or just 2 weeks after the coins have been minted?

Also, thank you to the kind soul that just sent me a donation.  Smiley

Please read the answer just above your post.
ZeroBarrier
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January 24, 2014, 04:29:23 AM
 #2224

My apologies, and thank for the explanation. Was semi-afk when I posted that.

Also, I didn't destroy the coin age of those coins; I just received that gracious donation. So I suppose I'll have to wait 10 days for those coins to age before I sip from their lovely POS spirits, lol.

Edit: Just noticed that part was part of the quote and not directed towards me. I'm truly an airhead today, my apologies again.
bosian (OP)
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January 24, 2014, 04:33:40 AM
 #2225

My apologies, and thank for the explanation. Was semi-afk when I posted that.

Also, I didn't destroy the coin age of those coins; I just received that gracious donation. So I suppose I'll have to wait 10 days for those coins to age before I sip from their lovely POS spirits, lol.

You don't need to open all the time the client. Once the coin-day meets the POS reqiurements, and any time when you open the client, the client will start to mine the pos blocks. If you don't open the client, the coin-days will just accumulate until the time you open the client, all the coin-day accumulated to that time will be used to generate the pos block, so you will not lose anything.
ZeroBarrier
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January 24, 2014, 04:39:24 AM
 #2226

My apologies, and thank for the explanation. Was semi-afk when I posted that.

Also, I didn't destroy the coin age of those coins; I just received that gracious donation. So I suppose I'll have to wait 10 days for those coins to age before I sip from their lovely POS spirits, lol.

You don't need to open all the time the client. Once the coin-day meets the POS reqiurements, and any time when you open the client, the client will start to mine the pos blocks. If you don't open the client, the coin-days will just accumulate until the time you open the client, all the coin-day accumulated to that time will be used to generate the pos block, so you will not lose anything.

Got it, I do have one last question. Do the coins Received from POS also apply to future POS coins Received after their coin age also reach 10 days?
bee7
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January 24, 2014, 04:45:31 AM
 #2227

My apologies, and thank for the explanation. Was semi-afk when I posted that.

Also, I didn't destroy the coin age of those coins; I just received that gracious donation. So I suppose I'll have to wait 10 days for those coins to age before I sip from their lovely POS spirits, lol.

You don't need to open all the time the client. Once the coin-day meets the POS reqiurements, and any time when you open the client, the client will start to mine the pos blocks. If you don't open the client, the coin-days will just accumulate until the time you open the client, all the coin-day accumulated to that time will be used to generate the pos block, so you will not lose anything.

Got it, I do have one last question. Do the coins Received from POS also apply to future POS coins Received after their coin age also reach 10 days?

Yes. All coins in your wallet, including earned by means of PoS and/or PoW mining or received in a regular transaction (including transactions you send to yourself) eventually (after they are 10 days old) become eligible for the PoS mining.
bosian (OP)
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January 24, 2014, 04:47:09 AM
Last edit: January 24, 2014, 05:03:36 AM by bosian
 #2228

My apologies, and thank for the explanation. Was semi-afk when I posted that.

Also, I didn't destroy the coin age of those coins; I just received that gracious donation. So I suppose I'll have to wait 10 days for those coins to age before I sip from their lovely POS spirits, lol.

You don't need to open all the time the client. Once the coin-day meets the POS reqiurements, and any time when you open the client, the client will start to mine the pos blocks. If you don't open the client, the coin-days will just accumulate until the time you open the client, all the coin-day accumulated to that time will be used to generate the pos block, so you will not lose anything.

Got it, I do have one last question. Do the coins Received from POS also apply to future POS coins Received after their coin age also reach 10 days?

The coins received from pos are similar to pow mined coins, they will be held in "stake" (together with their "source" - if 2 coins are generated from 100 coins in a pos block, then the 102 coins will be held in "stake", you will see your balance decreased by 100 coins, they moved to "stake"). Now the "stake" will take 50 confirmations to "mature" (same as PoW minted coins in "immature"), once matured, the coins will be added back to "balance". All coins in "balance" will be counted for new pos generations.
bosian (OP)
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January 24, 2014, 08:05:54 AM
 #2229

linux version for client 1.4 is available for download, link added to the OP:

Linux Client Download:
ubuntu-13.10-amd64:
https://sourceforge.net/projects/graincoin.u/files/v1.4/
bondi
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January 24, 2014, 09:25:05 AM
 #2230

Retro Towers now accepts grain Smiley

http://www.retrotowers.co.uk/

Great!
Updated our subreddit(http://www.reddit.com/r/Graincoin/) with the news.
bee7
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January 24, 2014, 11:24:37 AM
 #2231

Dear miners.

Today I did a big mistake that lead me to sending out ~4.5mil gra to most of the addresses that mined blocks since 100000 through 130000. I am so frustrated that I will not process today the payments for blocks. I will do it anyway tomorrow or day after tomorrow according to the records on this thread what have not been paid yet.

Thank you.

P.S. I will appreciate your good will to return mistakenly sent grains to this address 9D2yGsiqBzq2qmX58pCi9jgNPLubNwGGfV.
suncoastbuddy
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January 24, 2014, 11:38:51 AM
 #2232

Dear miners.

Today I did a big mistake that lead me to sending out ~4.5mil gra to most of the addresses that mined blocks since 100000 through 130000. I am so frustrated that I will not process today the payments for blocks. I will do it anyway tomorrow or day after tomorrow according to the records on this thread what have not been paid yet.

Thank you.

P.S. I will appreciate your good will to return mistakenly sent grains to this address 9D2yGsiqBzq2qmX58pCi9jgNPLubNwGGfV.


Oh no. But I do believe we have many good people in our community. Only time will tell I guess
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January 24, 2014, 11:41:45 AM
 #2233

Dear miners.

Today I did a big mistake that lead me to sending out ~4.5mil gra to most of the addresses that mined blocks since 100000 through 130000. I am so frustrated that I will not process today the payments for blocks. I will do it anyway tomorrow or day after tomorrow according to the records on this thread what have not been paid yet.

Thank you.

P.S. I will appreciate your good will to return mistakenly sent grains to this address 9D2yGsiqBzq2qmX58pCi9jgNPLubNwGGfV.

Sent 4.5m grain to every address or 4.5m in total? If you sent 4.5m to every address then it can get alittle messy...
bondi
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January 24, 2014, 11:43:07 AM
 #2234

Dear miners.

Today I did a big mistake that lead me to sending out ~4.5mil gra to most of the addresses that mined blocks since 100000 through 130000. I am so frustrated that I will not process today the payments for blocks. I will do it anyway tomorrow or day after tomorrow according to the records on this thread what have not been paid yet.

Thank you.

P.S. I will appreciate your good will to return mistakenly sent grains to this address 9D2yGsiqBzq2qmX58pCi9jgNPLubNwGGfV.


Hope you get the coins back...
bee7
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January 24, 2014, 12:52:24 PM
 #2235

Dear miners.

Today I did a big mistake that lead me to sending out ~4.5mil gra to most of the addresses that mined blocks since 100000 through 130000. I am so frustrated that I will not process today the payments for blocks. I will do it anyway tomorrow or day after tomorrow according to the records on this thread what have not been paid yet.

Thank you.

P.S. I will appreciate your good will to return mistakenly sent grains to this address 9D2yGsiqBzq2qmX58pCi9jgNPLubNwGGfV.

Sent 4.5m grain to every address or 4.5m in total? If you sent 4.5m to every address then it can get alittle messy...

No, in total. And later I found that 600k has been sent to my own address, so the "giveaway" is approximately 3.9mln. Anyway, it is my mistake and it will be a good remind to myself to double check double checked. Fortunately, this amount does not exceed the total grains I mined to the moment.
DAoneNonlyG
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January 24, 2014, 12:57:20 PM
 #2236

Dear miners.

Today I did a big mistake that lead me to sending out ~4.5mil gra to most of the addresses that mined blocks since 100000 through 130000. I am so frustrated that I will not process today the payments for blocks. I will do it anyway tomorrow or day after tomorrow according to the records on this thread what have not been paid yet.

Thank you.

P.S. I will appreciate your good will to return mistakenly sent grains to this address 9D2yGsiqBzq2qmX58pCi9jgNPLubNwGGfV.

Sent 4.5m grain to every address or 4.5m in total? If you sent 4.5m to every address then it can get alittle messy...

No, in total. And later I found that 600k has been sent to my own address, so the "giveaway" is approximately 3.9mln. Anyway, it is my mistake and it will be a good remind to myself to double check double checked. Fortunately, this amount does not exceed the total grains I mined to the moment.

So you lost your own coins?? Or some of the promo coins?? I didn´t recieve any, but i will sent some coins to the address shown above... Wink
bee7
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January 24, 2014, 01:00:16 PM
 #2237

Dear miners.

Today I did a big mistake that lead me to sending out ~4.5mil gra to most of the addresses that mined blocks since 100000 through 130000. I am so frustrated that I will not process today the payments for blocks. I will do it anyway tomorrow or day after tomorrow according to the records on this thread what have not been paid yet.

Thank you.

P.S. I will appreciate your good will to return mistakenly sent grains to this address 9D2yGsiqBzq2qmX58pCi9jgNPLubNwGGfV.

Sent 4.5m grain to every address or 4.5m in total? If you sent 4.5m to every address then it can get alittle messy...

No, in total. And later I found that 600k has been sent to my own address, so the "giveaway" is approximately 3.9mln. Anyway, it is my mistake and it will be a good remind to myself to double check double checked. Fortunately, this amount does not exceed the total grains I mined to the moment.

So you lost your own coins?? Or some of the promo coins?? I didn´t recieve any, but i will sent some coins to the address shown above... Wink

As it was my mistake it was my coins. Isn't that fair?
crypto_girl
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January 24, 2014, 01:14:12 PM
 #2238

Can anyone tell me how to mine or "mint" coins for Grain using PoS?

Do I need to keep the wallet always open?

Thanks.
DAoneNonlyG
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January 24, 2014, 01:20:37 PM
 #2239

Can anyone tell me how to mine or "mint" coins for Grain using PoS?

Do I need to keep the wallet always open?

Thanks.

Just keep your wallet open (and encrypted), when your coins are eligible (min 10 days coinage (moving coins resetts the coinage)) you will get a PoS-Block... it may take longer than 10 days, but don´t worry, you´ll get your payment... Wink
crypto_girl
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January 24, 2014, 01:25:50 PM
 #2240


Just keep your wallet open (and encrypted), when your coins are eligible (min 10 days coinage (moving coins resetts the coinage)) you will get a PoS-Block... it may take longer than 10 days, but don´t worry, you´ll get your payment... Wink

Ok, but if I keep the wallet encrypted it says minting suspended due to a locked wallet? Is that a problem?
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