Lie Detector
Newbie
 Offline
Activity: 10
Merit: 0
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May 26, 2017, 11:00:50 AM |
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Don't waste your time and electricity mining this crap. Once the house of cards falls over its all over for FLDC anyway.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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ComputerGenie
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May 26, 2017, 11:06:31 AM |
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One more question: How am I going to convert the points to FLDC? I didn't see any FLDC wallet though  The dev does the conversion of points to coin and that's how he does the monthly payouts. From a user perspective, it's automatic. FoldingCoin has no "FoldingCoin wallet". http://counterwallet.io/ is the usual wallet of choice. Counterparty is a platform that handles multiple coins/assets. |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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seasonw
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May 26, 2017, 02:42:30 PM |
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One more question: How am I going to convert the points to FLDC? I didn't see any FLDC wallet though The dev does the conversion of points to coin and that's how he does the monthly payouts. From a user perspective, it's automatic. FoldingCoin has no "FoldingCoin wallet". http://counterwallet.io/ is the usual wallet of choice. Counterparty is a platform that handles multiple coins/assets. So, the monthly payout to the bitcoin address in "username" (PookTwo_FLDC_XXXXX)? Sorry to ask such stupid question because I really can't relate to a coin without wallet, haha~~ |
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ComputerGenie
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May 26, 2017, 02:43:55 PM |
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So, the monthly payout to the bitcoin address in "username" (PookTwo_FLDC_XXXXX)?
Yes. |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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seasonw
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May 26, 2017, 02:45:39 PM |
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So, the monthly payout to the bitcoin address in "username" (PookTwo_FLDC_XXXXX)?
Yes. Thanks a lot, I will try to mine with CPU and see the result. I will get nvidia GPU later, should be good to try out too  |
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Altcoinlover
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May 30, 2017, 04:26:00 PM |
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One more question: How am I going to convert the points to FLDC? I didn't see any FLDC wallet though The dev does the conversion of points to coin and that's how he does the monthly payouts. From a user perspective, it's automatic. FoldingCoin has no "FoldingCoin wallet". http://counterwallet.io/ is the usual wallet of choice. Counterparty is a platform that handles multiple coins/assets. So, the monthly payout to the bitcoin address in "username" (PookTwo_FLDC_XXXXX)? Sorry to ask such stupid question because I really can't relate to a coin without wallet, haha~~ Sure not they are not stupid questions.... your questions were mine as well, and the answers helped me immediatly I started folding 2 days ago... and folding support WAS REALLY NOT COOL and refused to tell me the link / relation between points and FLDC. They just dejected my posts.... instead of providing a basic nice answer which would have been helpful for others. A chance I came here then |
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Altcoinlover
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May 30, 2017, 04:26:57 PM |
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One more question: How am I going to convert the points to FLDC? I didn't see any FLDC wallet though The dev does the conversion of points to coin and that's how he does the monthly payouts. From a user perspective, it's automatic. FoldingCoin has no "FoldingCoin wallet". http://counterwallet.io/ is the usual wallet of choice. Counterparty is a platform that handles multiple coins/assets. So, the points are converted once a month, meaning, when an address folded for 1 full month? |
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Altcoinlover
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May 30, 2017, 04:32:58 PM |
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Just noticed this coin, it is interesting...
I have watched the video to install fah, but still have no idea how to earn folding coin, so the "Points" is the coin?
It can be confusing to new folks. A certain amount of FLDC are calculated to be given out to folders each day (currently 250,000 FLDC per day). The total number of coins for that day gets divided evenly among the total number of points that everyone produced (for example, 284,849,429 yesterday) and that determines the "earned" amount for that day. So, for example, everyone that folded yesterday earned ~0.878 FLDC per 1,000 points. The amount of folders (and the amount of points they produce) changes the amount that you get, since the amount of coins is fixed at xFLDC per day (and x is reduced by half every 900 days). The total amount earned is then paid out once per month. This page allows you to look up the current points/payments. http://foldingcoin.xyz/?token=FLDC&total=250000&start=2017-05-25&end=2017-05-26The dates can be edited for any time; and if you're looking up multiple days, just make sure to edit the 250000 to represent 250000 times the number of days (i.e., 7500000 for 30 days). at least, here you are providing support to people folding and unable to get help from the folding support when we are asking about points and how are they valued and converted in FLDC... link pretty useful... confirmed to me that I created an accurate UN and my address is listed ... WOO thanks |
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ComputerGenie
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May 30, 2017, 04:38:07 PM |
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... and folding support WAS REALLY NOT COOL
and refused to tell me the link / relation between points and FLDC.
They just dejected my posts....
That's because despite claims and assumptions, FLDC has no actual affiliation with Stanford's "Folding@home" project. Stanford's people can't give you answers and they aren't going to research and educate themselves about any projects that aren't "officially" affiliated with Stanford's "Folding@home" project. Asking Stanford's "Folding@home" project staff/volunteers about FLDC issues/questions is akin to calling Verizion and asking for help with the Facebook app on your AT&T phone.  |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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ComputerGenie
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June 04, 2017, 09:13:15 AM |
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FLDC on the move!
That moment when it all works out and both FLDC and BTC are at insane levels  3 1080s cashed out enough this month to buy a whole new rig with a shiny new 1080 Ti in it. |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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seasonw
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June 04, 2017, 09:22:33 AM |
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FLDC on the move!
That moment when it all works out and both FLDC and BTC are at insane levels 3 1080s cashed out enough this month to buy a whole new rig with a shiny new 1080 Ti in it. Wow, do you mean that folding with 3x1080 for one month enough to buy a 1080ti? |
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ComputerGenie
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June 04, 2017, 09:36:16 AM |
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Wow, do you mean that folding with 3x1080 for one month enough to buy a 1080ti?
Even with my downtime (May is ugly here with thunderstorms), my FLDC for May cashed out at just over $1,100. It's nice when an alt shoots up 9x and, at the same time, BTC shoots up 3x in a 6 moth period.  |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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K210
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June 04, 2017, 11:21:40 AM |
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834 sats a coin!  Wonder if this is the top or just the beginning.... |
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K210
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June 04, 2017, 11:22:35 AM |
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Does anyone still cpu mine this coin or are gpus necessary nowadays?
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ComputerGenie
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June 04, 2017, 01:20:51 PM |
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Does anyone still cpu mine this coin or are gpus necessary nowadays?
I run my AMD FX-8320 for ~ a day every week or 2; however, since PPD vs power consumption is vastly better in GPUs, I try not to push it too long. |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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seasonw
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June 04, 2017, 04:07:39 PM |
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Wow, do you mean that folding with 3x1080 for one month enough to buy a 1080ti?
Even with my downtime (May is ugly here with thunderstorms), my FLDC for May cashed out at just over $1,100. It's nice when an alt shoots up 9x and, at the same time, BTC shoots up 3x in a 6 moth period. Cool, nice profit  |
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Biffa
Legendary
Offline
Activity: 3220
Merit: 1220
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June 09, 2017, 01:39:58 AM |
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Do you have to use a counterparty wallet? Or can you use an existing bitcoin wallet address?
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xandry
Staff
Legendary
Offline
Activity: 3444
Merit: 4037
Crypto Swap Exchange
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June 09, 2017, 04:44:20 AM |
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Do you have to use a counterparty wallet? Or can you use an existing bitcoin wallet address?
Unfortunately bitcoin wallets does not show counterparty tokens. |
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Poll
