[ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018

[bardacuda]

I wish you all the happiness one can muster in your endeavors.

And I, you Ignorance is bliss after all

[1714770134]

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[1714770134]

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[ComputerGenie]

...Ignorance is bliss after all

Glad to know you'll stay blissful.

[bardacuda]

Sick burn!

[bardacuda]

Anybody ever get this when you try to use counterwallet.io?

No counterparty servers are currently available. Please try again later. ERROR: %s

[QuintLeo]

Then again the memory-hard algos like ZEC and ETH can't seem to take advantage of the huge 4096-bit memory bus of HBM (Fiji) and are bottlenecked by the lower mem clock, so I'm not holding my breath either.

 ZEC is proving to not be all that memory hard, though ETH certainly is.

 To the other person claiming that 1080s are better in the long run - perhaps if you have VERY expensive electric cost, but their price differential vs their performance makes it take a VERY long time for them to even think about managing that if so - and in the mean time the 10-20% more PPD that the same $$$ amount spent on 1070 based systems is churning out more than makes up the small difference in electric cost *FOR ME*.

 I do concede that it's closer than the "raw cost" of just the cards would suggest - but I've always done my figuring on estimated *total system* cost/performance/operating cost, and 1080s have NEVER won on such a comparison - FOR ME.

[bardacuda]

To the other person claiming that 1080s are better in the long run - perhaps if you have VERY expensive electric cost, but their price differential vs their performance makes it take a VERY long time for them to even think about managing that if so - and in the mean time the 10-20% more PPD that the same $$$ amount spent on 1070 based systems is churning out more than makes up the small difference in electric cost

I'm too lazy to explain to you the math behind why 1060s aren't even an option for a full rig, or how ROI works, or why (at the time of this posting) there isn't a 10xx card under $1,000p/card that beats a 1080 (even with free electric).

What do you mean? Even with free electric 1080s are better It's too bad he's so lazy and won't tell us about his secret math. I guess the true extent of his genius will forever remain a mystery to us all...

ZEC is proving to not be all that memory hard, though ETH certainly is.

I really hope they make a Hawaii-esque "490/590" with lots of cores and a 512-bit GDDR5(X) memory bus on the new node as opposed to just an evolution of the Fiji card with HBM. I think that would be a great all-around mining card and would almost certainly buy some of those.

Since I'm off on this tangent...is anyone else chomping at the bit too for the new Ryzen CPUs?

[ComputerGenie]

...To the other person claiming that 1080s are better in the long run - perhaps if you have VERY expensive electric cost, but their price differential vs their performance makes it take a VERY long time for them to even think about managing that if so - and in the mean time the 10-20% more PPD that the same $$$ amount spent on 1070 based systems is churning out more than makes up the small difference in electric cost *FOR ME*.

 I do concede that it's closer than the "raw cost" of just the cards would suggest - but I've always done my figuring on estimated *total system* cost/performance/operating cost, and 1080s have NEVER won on such a comparison - FOR ME.

Ignoring the  electric difference (~$15.77 USD per year for *total system* @ $0.01 per kWh):

GTX 1070
Cost: ~$400 USD
PPD: 600,000
FLDC per month: 12,000 - ~$14.72 USD
CURE per month: 787 - ~$35.43 USD
Purchase ROI: ~8 months "raw cost" per card
Yearly Revenue: ~$599 USD

GTX 1080
Cost: ~$600 USD
PPD: 800,000
FLDC per month: 16,000 - ~$19.29 USD
CURE per month: 1050 - ~$47.25 USD
Purchase ROI: ~9 months "raw cost" per card
Yearly Revenue: ~$798 USD

The only way 1070 tops 1080 is with a constrained initial "budget" where one would be buying 6x1070 vs 4x1080; however, in that narrow of a constraint, ROI isn't an actual concern (as it's trumped by initial purchase limitations).

*total system* revenue of 6 cards is 1070 ~$3,593.48 per year and 1080 ~$4,791.31 per year.

[shaka256]

I can't AFFORD altruism.

Same here, sadly.
But ZEC is still more profitable than merged folding ATM, so hence my confusion.
I guess you have more faith in CURE in the long run?

Guys, when you say coin X or Y is more profitable than merged folding, is it really a lot more of $$/year compared to CURE + FLDC + MAGICFLDC (=>SpellsOfGenesis Cards) + other episodic tokens?

Because if it's just a few tens of bucks per year, okay those coins are indeed more profitable in absolute terms with your config, but merged folding would have helped science for only a small loss of profit for you...

[ComputerGenie]

Guys, when you say coin X or Y is more profitable than merged folding, is it really a lot more of $$/year compared to CURE + FLDC + MAGICFLDC (=>SpellsOfGenesis Cards) + other episodic tokens?

Because if it's just a few tens of bucks per year, okay those coins are indeed more profitable in absolute terms with your config, but merged folding would have helped science for only a small loss of profit for you...

I don't think anyone (myself included) ever calculates more than just FLDC and/or CURE. SOG is improbable to calculate* and MAGICFLDC + others are usually considered "extras" because of the small market.



*I've still yet to have anyone tell/show me how to sell these cards.

[bardacuda]

The only way 1070 tops 1080 is with a constrained initial "budget" where one would be buying 6x1070 vs 4x1080; however, in that narrow of a constraint, ROI isn't an actual concern (as it's trumped by initial purchase limitations).

*total system* revenue of 6 cards is 1070 ~$3,593.48 per year and 1080 ~$4,791.31 per year.

So the only way 1080s are more profitable is in the fringe case where you don't have an initial budget (ie. nobody), and don't use the money saved from buying 1070s over 1080s to buy 50% more 1070s. Gotcha.

I can't AFFORD altruism.

Same here, sadly.
But ZEC is still more profitable than merged folding ATM, so hence my confusion.
I guess you have more faith in CURE in the long run?

Guys, when you say coin X or Y is more profitable than merged folding, is it really a lot more of $$/year compared to CURE + FLDC + MAGICFLDC (=>SpellsOfGenesis Cards) + other episodic tokens?

Because if it's just a few tens of bucks per year, okay those coins are indeed more profitable in absolute terms with your config, but merged folding would have helped science for only a small loss of profit for you...

Actually the guy saying that I don't think he actually did the math. When I explained it to him he changed his opinion.

He has pascal cards though not AMD. Merged folding is DEFINITELY more profitable than ZEC or ETH mining on nVidia cards.

600k PPD ~= 22 CURE and 1750 FLDC = 0.0033BTC / day / card
450Sol/s ~= 0.002 BTC / day / card

...and that's being generous on Sol rate and conservative on PPD.

I have AMD cards and I'm folding. It's not quite as profitable as ZEC but it's in the same ballpark. I get roughly 750k PPD vs. 1050Sol/s I would get mining ZEC. So about 0.0041 BTC/day for merge folding vs. 0.0046 BTC/day for ZEC mining. ZEC used to be significantly more profitable but only during the first month or so.

It's close enough...and if/when CURE 2.0 and SigmaX eventually get released I expect a rise. The low volume could be a problem for a large scale operation but for the average guy at home like myself with only a rig or two it's totally worth it (so that's a good thing for us). If/when the volume ever picks up it would be good for larger operations too and therefore the project as a whole (as that's the end goal and the whole idea of this coin).

Go, CURE!

Thanks for clarification, I just switched back to folding.
Go, ME!

[ComputerGenie]

So the only way 1080s are more profitable is in the fringe case where you don't have an initial budget (ie. nobody), and don't use the money saved from buying 1070s over 1080s to buy 50% more 1070s. Gotcha.

Yes, in the "fringe case" of comparing apples (6x 1070) to oranges (4x 1080), you can get bananas.

[bardacuda]

Yes, in the "fringe case" of comparing apples (6x 1070) to oranges (4x 1080), you can get bananas.

No the fringe case is where you only buy a set number of cards regardless of cost and compare card for card. There may be a case where a person is more limited by space/pci-e slots than actual budget, but THAT would be the fringe case. Anyone else is going to buy more of the cheaper card with better price/performance. If you are space/slot limited for some reason then 1080s don't make sense either. You should get Titan X Pascal in that case. There is no situation where 1080 makes sense. You are grasping at straws for justifying your purchase. It's called buyer's remorse...look it up and stop insulting everyone for not making the same mistake.

EDIT: Actually there is a case where it makes sense and that's if you bought one to game with but want to fold when you're not gaming...or decided later that you want to fold instead of gaming. In that case it makes PERFECT sense to have a single 1080 or two in SLI. I will concede that I didn't know it could pull 33% more PPD than a 1070. I thought it was more like 25% based on the limited info I have from the overclock.net database and adjusting that for what I've read in other places. Apparently I didn't adjust enough. Still though 50% more 1070 cards is better and a person would be far from stupid for getting 1070s over 1080s.

[ComputerGenie]

There is no situation where 1080 makes sense. You are grasping at straws for justifying your purchase. It's called buyer's remorse...look it up and stop insulting everyone for not making the same mistake.

Yes, you're right; it saddens me that I'm making $800 USD per card instead of $600 USD per card.
Ignore everything I've said and stick with making ~$3,593.48 USD per year per rig, instead of ~$4,791.31 USD per year per rig (the extra $1,200 USD in profits are surely going to give you "buyer's remorse").
It's true, I'm just a moron wishing I wasn't earning $50,000 USD p/yr mining.

[bardacuda]

But you're completely ignoring the fact that the guy with lower per-rig income would have 50% more of those rigs lol

[Hou5e]

Guys, when you say coin X or Y is more profitable than merged folding, is it really a lot more of $$/year compared to CURE + FLDC + MAGICFLDC (=>SpellsOfGenesis Cards) + other episodic tokens?

Because if it's just a few tens of bucks per year, okay those coins are indeed more profitable in absolute terms with your config, but merged folding would have helped science for only a small loss of profit for you...

I don't think anyone (myself included) ever calculates more than just FLDC and/or CURE. SOG is improbable to calculate* and MAGICFLDC + others are usually considered "extras" because of the small market.



*I've still yet to have anyone tell/show me how to sell these cards.

You can use the Counterparty DEX (Decentralized Exchange) built into the Counterwallet (https://wallet.counterwallet.io/).
It is slow and clunky because it uses Bitcoin transactions to sell tokens for XCP, but that is the easiest way for selling the other tokens not traded at centralized exchanges. Once you have XCP then you can trade that for BTC or whatever at the normal centralized exchanges like: Poloniex (https://poloniex.com/), or Bittrex (https://bittrex.com/).

If you are selling small amounts of something on the DEX, the Bitcoin fees might outweigh the amount of XCP you will get. So make sure it's worth it. Like MAGICFLDC is pretty worthless now, but it's for future SoG use, so it will have value when it can be used in the game or to buy rare cards for the game.

[ComputerGenie]

...I've still yet to have anyone tell/show me how to sell these cards.

You can use the Counterparty DEX ....

I was talking about selling the SpellsOfGenesis Cards themselves (the ones cygnusxi describes here:https://bitcointalk.org/index.php?topic=603757.msg17585009#msg17585009), not the MAGICFLDC or other tokens. As in some value for those of us that don't play the game.

[Hou5e]

...I've still yet to have anyone tell/show me how to sell these cards.

You can use the Counterparty DEX ....

I was talking about selling the SpellsOfGenesis Cards themselves (the ones cygnusxi describes here:https://bitcointalk.org/index.php?topic=603757.msg17585009#msg17585009), not the MAGICFLDC or other tokens. As in some value for those of us that don't play the game.

I believe cygnusxi would have had to earn/buy the SoG cards from playing the game, or possibly buy with Bitcrystals or MagicFLDC (earned from folding). The SoG cards were not earned directly from merged folding rewards.

[ComputerGenie]

...I believe cygnusxi would have had to earn/buy the SoG cards from playing the game, or possibly buy with Bitcrystals or MagicFLDC (earned from folding). The SoG cards were not earned directly from merged folding rewards.

OK, that's where I got lost because following his instructions, the SoG page showed 2 "rare" cards and 1 "epic" card; to my mind, that meant they were mine. Thanks.

[ComputerGenie]

But you're completely ignoring the fact that the guy with lower per-rig income would have 50% more of those rigs lol

And you're completely ignoring the fact that your mind is stuck on a narrow budget concept and not a ROI/profit concept.
6 cards vs 6 cards
@ 9 months
1070 rig is "above" 1080 rig in profitability by ~$50 (all 12 cards have paid for themselves at this point)
@ 12 months
1070 rig = 1080 rig (profit is equal)
@ 13 months
1070 rig is less than 1080 rig in profitability by ~$99 profit
@ 24 months
1070 rig is less than 1080 rig in profitability by ~$1,200 profit

Now, I'm sure you're still stuck on the "more cards" end of your thought so, remember this...
Cards 7 & 8 will need another full set of hardware to run.
Now, since you spoke of the "fringe cases", free electric is definitely the "fringe case" (this is why I stated that the numbers don't apply in your limited hobbyist case); taking that into account, you'd also have to calculate the extra cost of running another 2 card rig (cards 7 & 8 ) and the 300-400 extra watts in electric that would cost for a net effect of equal PPD.

And none of that takes into account that the difference between doubling a 6 card 1070 rig out of profits is only 2 months faster than doubling a 6 card 1080 rig out of profits (which would leave 1070 future rigs/earnings exponentially lower every 9 months).

By all means, do as you will; however, by no means, think that you're going to show that I have "buyer's remorse" or that I have not run the numbers every way imaginable or whatever such nonsense you've convinced yourself of.

[Hou5e]

...I believe cygnusxi would have had to earn/buy the SoG cards from playing the game, or possibly buy with Bitcrystals or MagicFLDC (earned from folding). The SoG cards were not earned directly from merged folding rewards.

OK, that's where I got lost because following his instructions, the SoG page showed 2 "rare" cards and 1 "epic" card; to my mind, that meant they were mine. Thanks.

You may have cards in your wallet based on what you said. You may need to click the radio button for 'All Cards' on the SoG page to see them. There was FDCARD that was directly given away through merged folding (I forgot about that).