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Author Topic: [ANN]CureCoin - CURECOIN TEAM HAS TAKEN RANK 1 ON FOLDING@HOME!!!  (Read 666189 times)
stormia
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May 19, 2014, 05:38:11 AM
 #1321

Why the logo with a Chinse character?


This question has been answered a few times- the character represents healing and wellness.
https://bitcointalk.org/index.php?topic=603757.msg6658323#msg6658323
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May 19, 2014, 05:42:36 AM
 #1322

The investor ipo is off putting IMO. It is just way too many coins given out for the amount of btc. I know there is no way to fix it now, but it is a big issue for me. Why not change the halfing to every year and increase the amount of coins distributed the first couple years. Currently at around 950000 points a day, it will take me nine months to get 10,000 coins, with this decreasing as the diff rises.  I agree that initial investors should be able to reap some reward, but that is ridiculous. It was handled poorly and is the elephant in the room for this coin.

And why is it off putting? Because you didn't get into the ipo? Were you even mining cryptos when they launched the ipo since you only joined this forum in january?

Why not whine about NXT or BTC or about a more recent coin like Darkcoin?


Simply because of the fact that any moment a single person could crash the market, when it gets better established.   I didn't say it was a deal breaker. I am supporting this coin, and all my hash power is on it. It is just something I think about when I check my machines and wonder if I should be hashing at this. I have been mining longer than I have been at this forum, but you are correct I did not get in the original btc startup. I am not whining, just stating my trepidation. I will continue to support Curecoin until I decide not to, it is my decision and I will live with it either way.

Think about it this way: a single person could crash Bitcoin as well. There are many people in the world with more money than the market cap, and thousands more businesses with more than enough money. The entire thing is a risk one way or the other.


 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




















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May 19, 2014, 05:45:30 AM
 #1323

The investor ipo is off putting IMO. It is just way too many coins given out for the amount of btc. I know there is no way to fix it now, but it is a big issue for me. Why not change the halfing to every year and increase the amount of coins distributed the first couple years. Currently at around 950000 points a day, it will take me nine months to get 10,000 coins, with this decreasing as the diff rises.  I agree that initial investors should be able to reap some reward, but that is ridiculous. It was handled poorly and is the elephant in the room for this coin.

And why is it off putting? Because you didn't get into the ipo? Were you even mining cryptos when they launched the ipo since you only joined this forum in january?

Why not whine about NXT or BTC or about a more recent coin like Darkcoin?


Simply because of the fact that any moment a single person could crash the market, when it gets better established.   I didn't say it was a deal breaker. I am supporting this coin, and all my hash power is on it. It is just something I think about when I check my machines and wonder if I should be hashing at this. I have been mining longer than I have been at this forum, but you are correct I did not get in the original btc startup. I am not whining, just stating my trepidation. I will continue to support Curecoin until I decide not to, it is my decision and I will live with it either way.

Think about it this way: a single person could crash Bitcoin as well. There are many people in the world with more money than the market cap, and thousands more businesses with more than enough money. The entire thing is a risk one way or the other.

I agree, I didn't post to make a stink. Was just stating my reservations about going all in on this project. Like I said, I am supporting it, and will continue to do so.  Wink
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May 19, 2014, 05:50:14 AM
 #1324

The investor ipo is off putting IMO. It is just way too many coins given out for the amount of btc. I know there is no way to fix it now, but it is a big issue for me. Why not change the halfing to every year and increase the amount of coins distributed the first couple years. Currently at around 950000 points a day, it will take me nine months to get 10,000 coins, with this decreasing as the diff rises.  I agree that initial investors should be able to reap some reward, but that is ridiculous. It was handled poorly and is the elephant in the room for this coin.

And why is it off putting? Because you didn't get into the ipo? Were you even mining cryptos when they launched the ipo since you only joined this forum in january?

Why not whine about NXT or BTC or about a more recent coin like Darkcoin?


Simply because of the fact that any moment a single person could crash the market, when it gets better established.   I didn't say it was a deal breaker. I am supporting this coin, and all my hash power is on it. It is just something I think about when I check my machines and wonder if I should be hashing at this. I have been mining longer than I have been at this forum, but you are correct I did not get in the original btc startup. I am not whining, just stating my trepidation. I will continue to support Curecoin until I decide not to, it is my decision and I will live with it either way.

Think about it this way: a single person could crash Bitcoin as well. There are many people in the world with more money than the market cap, and thousands more businesses with more than enough money. The entire thing is a risk one way or the other.

I agree, I didn't post to make a stink. Was just stating my reservations about going all in on this project. Like I said, I am supporting it, and will continue to do so.  Wink

Oh, I understand your concern. I just wanted to make sure you realized that while this is a gamble, so are cryptos in general, :p. At least this has the benefit of doing more than just burning electricity though. Sadly, I have a rig rented out for another 5 days via BetaRigs so I can't start on this yet, Sad.


 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




















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r3animation
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May 19, 2014, 06:12:43 AM
 #1325

Why the logo with a Chinse character?

Because Chinese people invented cancer.

That's not really nice is it?
Kreativekrypto
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May 19, 2014, 06:24:08 AM
 #1326

Devs, is it possible to fork the f@h software and make it more GPU efficient so we can really get our protein on?

The F@H software has some closed source parts so it's not possible and I think it's GPU efficient already. The F@H project started 9 years before Bitcoin was released so they should have a good idea how to design software.

I see, if it wasn't closed source though, I wouldn't be surprised if someone from the crypto community could manage a faster more gpu intensive way though. Let's be reasonable, if our gpu's aren't maxed it's unlikely it's fully optimized.
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May 19, 2014, 06:31:41 AM
 #1327

Devs, is it possible to fork the f@h software and make it more GPU efficient so we can really get our protein on?

The F@H software has some closed source parts so it's not possible and I think it's GPU efficient already. The F@H project started 9 years before Bitcoin was released so they should have a good idea how to design software.

I see, if it wasn't closed source though, I wouldn't be surprised if someone from the crypto community could manage a faster more gpu intensive way though. Let's be reasonable, if our gpu's aren't maxed it's unlikely it's fully optimized.

Maybe - but how would you get the work units and deliver the results - that's all from stanford and through their software. GPUs are running in max but it may not for example use a certain portion of your GPU that causes it to heat up a lot - a portion that is just not used for protein folding.

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ranlo
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May 19, 2014, 06:32:47 AM
 #1328

Devs, is it possible to fork the f@h software and make it more GPU efficient so we can really get our protein on?

The F@H software has some closed source parts so it's not possible and I think it's GPU efficient already. The F@H project started 9 years before Bitcoin was released so they should have a good idea how to design software.

I see, if it wasn't closed source though, I wouldn't be surprised if someone from the crypto community could manage a faster more gpu intensive way though. Let's be reasonable, if our gpu's aren't maxed it's unlikely it's fully optimized.

Going to have to agree with this. Unless there's a more deep-down reason for why it's not "maxed" in the same manner as Scrypt/BTC/etc. mining is. Like maybe those heavily use a part of the GPU that others don't or something. I don't know hardware specifics but I mean, look at X11. Same principal.


 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




















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r3animation
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May 19, 2014, 06:39:15 AM
 #1329

Devs, is it possible to fork the f@h software and make it more GPU efficient so we can really get our protein on?

The F@H software has some closed source parts so it's not possible and I think it's GPU efficient already. The F@H project started 9 years before Bitcoin was released so they should have a good idea how to design software.

I see, if it wasn't closed source though, I wouldn't be surprised if someone from the crypto community could manage a faster more gpu intensive way though. Let's be reasonable, if our gpu's aren't maxed it's unlikely it's fully optimized.

Going to have to agree with this. Unless there's a more deep-down reason for why it's not "maxed" in the same manner as Scrypt/BTC/etc. mining is. Like maybe those heavily use a part of the GPU that others don't or something. I don't know hardware specifics but I mean, look at X11. Same principal.

I think F@H is maxing out the GPU but just not the same way as BTC vs Scrypt vs X11.
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May 19, 2014, 06:55:03 AM
 #1330

Anyone folding with gtx 660, how many ppd, i did some google searching but most of the info is well outdated.
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May 19, 2014, 07:04:46 AM
 #1331

Devs, is it possible to fork the f@h software and make it more GPU efficient so we can really get our protein on?

The F@H software has some closed source parts so it's not possible and I think it's GPU efficient already. The F@H project started 9 years before Bitcoin was released so they should have a good idea how to design software.

I see, if it wasn't closed source though, I wouldn't be surprised if someone from the crypto community could manage a faster more gpu intensive way though. Let's be reasonable, if our gpu's aren't maxed it's unlikely it's fully optimized.

I watch my GPU's pretty closely especially since I've removed the extra cooling in the area where the computers sit and from what I can see the F@H client is far more efficient than any mining software I've seen.  My GPU's are at 100% yet they run far cooler with less fan usage than they ever did running mining software.

As others have mentioned, the F@H programmers have been doing this for quite some time and from what I can see with GPU-Z they certainly seem to know what they are doing.
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May 19, 2014, 07:07:50 AM
 #1332

I see, if it wasn't closed source though, I wouldn't be surprised if someone from the crypto community could manage a faster more gpu intensive way though. Let's be reasonable, if our gpu's aren't maxed it's unlikely it's fully optimized.

A couple of things are the cause of this...

1. Folding at home is not an algorithm. See a previous explanation I gave in this post: (https://bitcointalk.org/index.php?topic=603757.msg6708528#msg6708528). Therefore, it is highly dependent on the project and the core it is using what the GPU is doing. So no, people who program for crypto currencies will know fuckall about maximizing gpus for F@H. This is not technically feasible because
 1a. the code must be hardware agnostic (read: NOT optimized) in order to run on the most combination of platforms, gpu generations, hw vendor configurations, driver versions.
 1b. Any optimizations would only apply to specific projects running on cores, etc.

2. Some offtopic commentary about "fully optimizing algorithms". Of course, in a project such as F@H, it would be good to maximize GPUs. But for proof of "work" cryptocurrencies, it's wasteful and INEFFICIENCY should be valued. Consider scrypt, which runs the hottest on GPUs and keeps it at almost peak wattage. How does this give end users ANY benefit? Every gpu gets a share of its hash as a % of the total hash of everyone else using GPUs (not going to bother talking about asics). Therefore, the less efficient the algorithm, the better, as everyone gets the same % while using less electricity.
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May 19, 2014, 07:17:46 AM
 #1333

I see, if it wasn't closed source though, I wouldn't be surprised if someone from the crypto community could manage a faster more gpu intensive way though. Let's be reasonable, if our gpu's aren't maxed it's unlikely it's fully optimized.

A couple of things are the cause of this...

1. Folding at home is not an algorithm. See a previous explanation I gave in this post: (https://bitcointalk.org/index.php?topic=603757.msg6708528#msg6708528). Therefore, it is highly dependent on the project and the core it is using what the GPU is doing. So no, people who program for crypto currencies will know fuckall about maximizing gpus for F@H. This is not technically feasible because
 1a. the code must be hardware agnostic (read: NOT optimized) in order to run on the most combination of platforms, gpu generations, hw vendor configurations, driver versions.
 1b. Any optimizations would only apply to specific projects running on cores, etc.

2. Some offtopic commentary about "fully optimizing algorithms". Of course, in a project such as F@H, it would be good to maximize GPUs. But for proof of "work" cryptocurrencies, it's wasteful and INEFFICIENCY should be valued. Consider scrypt, which runs the hottest on GPUs and keeps it at almost peak wattage. How does this give end users ANY benefit? Every gpu gets a share of its hash as a % of the total hash of everyone else using GPUs (not going to bother talking about asics). Therefore, the less efficient the algorithm, the better, as everyone gets the same % while using less electricity.

Your last point was a very good one, and it's something I've brought up in the past as well. If we were only able to mine at 1/100 of our speed and barely used our GPU, we'd be just as well off as we are now coin-wise, but without the costs and destruction of hardware as a result of being more powerful.


 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




















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May 19, 2014, 07:22:32 AM
 #1334

Why the logo with a Chinse character?

Because Chinese people invented cancer.

That's not really nice is it?

Well, it was a joke, but my apologies. I said it because I didn't think it mattered why there was a Chinese logo.

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May 19, 2014, 07:33:32 AM
 #1335

For those interested in the electric consumption of folding:
I checked my electric provider's online service, here are some stats:
Days I'm completely gone from home - no mining, just the basic consumption of things on standby + fridge etc etc: 4.3 kWh
Scrypt mining day's total consumption (all devices combined) 16.5 - 19 kWh, average about 17.5 kWh
Mix of mining JPC and X11 algo: 14-15 kWh
Folding: 11-14 kWh, average like 13,5 kWh

So it is clearly consuming less than Scrypt and probably less than or the same as X11. Mining with 1x Zotac gtx 680, 1x gigabyte 280x.

Another reason to fold instead of mine - Much more ecological and less bills to pay.


For those who are impatient about the "irregular" payouts: You know, if you work in real life, you usually get your salary once or twice a month. Do you go complaining to your boss every day? Have some patience! The way curecoin pays out is much slower and might feel untrustful to you, but as we have seen everybody will get their curecoins eventually if they have set it up right - I have no problem with this anyway. If you can't stand waiting 1-3 days for the payout, maybe you should consider leaving the folding (which I don't recommend). You can always buy CUR from the exchanges if you dont trust the payouts.
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May 19, 2014, 07:38:53 AM
 #1336

For those interested in the electric consumption of folding:
I checked my electric provider's online service, here are some stats:
Days I'm completely gone from home - no mining, just the basic consumption of things on standby + fridge etc etc: 4.3 kWh
Scrypt mining day's total consumption (all devices combined) 16.5 - 19 kWh, average about 17.5 kWh
Mix of mining JPC and X11 algo: 14-15 kWh
Folding: 11-14 kWh, average like 13,5 kWh

So it is clearly consuming less than Scrypt and probably less than or the same as X11.

Another reason to fold instead of mine - Much more ecological and less bills to pay.


For those who are impatient about the "irregular" payouts: You know, if you work in real life, you usually get your salary once or twice a month. Do you go complaining to your boss every day? Have some patience! The way curecoin pays out is much slower and might feel untrustful to you, but as we have seen everybody will get their curecoins eventually if they have set it up right - I have no problem with this anyway. If you can't stand waiting 1-3 days for the payout, maybe you should consider leaving the folding (which I don't recommend). You can always buy CUR from the exchanges if you dont trust the payouts.

Thanks for the information!  Very interesting and it confirms my suspicions based on what I've seen with heat and fan speeds so here we have another reason to never mine again.  
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May 19, 2014, 07:40:42 AM
 #1337

Btw, I just thought I might try selling some chocolate for CUR... Anybody interested? I would start with selling 10 boxes. I haven't really thought about the price yet but we'll see!
http://www.amazon.com/dp/B00313TXTC/ref=cm_sw_r_tw_dp_wrBEtb1ZWXBNHDWF
I've had about dozen boxes of this and I love it! Caffeine and chocolate in the same, really great. The chocolate itself is quite strong, dark type - no kinder surprise egg crap Smiley It is also available as sweeter milk chocolate.
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May 19, 2014, 07:41:25 AM
 #1338

I think I will stick with Gridcoin...
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May 19, 2014, 07:41:28 AM
 #1339

Is there any Promo Group for Curecoin? If so I would like to join. If not I would like to create one.

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May 19, 2014, 07:41:58 AM
 #1340

For those interested in the electric consumption of folding:
I checked my electric provider's online service, here are some stats:
Days I'm completely gone from home - no mining, just the basic consumption of things on standby + fridge etc etc: 4.3 kWh
Scrypt mining day's total consumption (all devices combined) 16.5 - 19 kWh, average about 17.5 kWh
Mix of mining JPC and X11 algo: 14-15 kWh
Folding: 11-14 kWh, average like 13,5 kWh

So it is clearly consuming less than Scrypt and probably less than or the same as X11.

Another reason to fold instead of mine - Much more ecological and less bills to pay.


For those who are impatient about the "irregular" payouts: You know, if you work in real life, you usually get your salary once or twice a month. Do you go complaining to your boss every day? Have some patience! The way curecoin pays out is much slower and might feel untrustful to you, but as we have seen everybody will get their curecoins eventually if they have set it up right - I have no problem with this anyway. If you can't stand waiting 1-3 days for the payout, maybe you should consider leaving the folding (which I don't recommend). You can always buy CUR from the exchanges if you dont trust the payouts.

This pretty much fits with the results given earlier in the thread as well, showing a decrease of about 30% or so in electricity. That's massive. And not having all the extra heat means less money paid for cooling as well.


 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




















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