Down 30%+ today
Topic: [ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018 - page 158. (Read 696267 times)
May 21, 2014, 04:39:00 PM
NO kidding.....
Down 30%+ today
Down 30%+ today
May 21, 2014, 04:31:43 PM
clever
just not clear on why people would hold curecoin
for the previously purely altruistic protein folders, there is only incentive to sell
buying curecoin doesn't support protein folding or scientific research except in a stretch of the imagination that a higher priced curecoin helps donations (more selling)
please explain why this won't be worth 2 satoshis in a month
if it's worth only 2 satoshi nobody would fold because they wouldn't recoup their electricity costsjust not clear on why people would hold curecoin
for the previously purely altruistic protein folders, there is only incentive to sell
buying curecoin doesn't support protein folding or scientific research except in a stretch of the imagination that a higher priced curecoin helps donations (more selling)
please explain why this won't be worth 2 satoshis in a month
so yes, people have to buy the coin to support folding
they would have to, but why would they
as with all coins, miners are dumping the coin on exchanges, and now we have new protein folders dumping coins
it is not uncommon to see a coin's price fall out of sync with base costs
so I get the concept behind curecoin, but what supports the price ?
some coins have price support by requiring coins to be held for ongoing perks, essentially removing coins from circulation. other coins have other forms of utility
here we have some kind of merge mining protein folding, a somewhat interesting distribution method for coins between cpu/gpu and sha256 asics, but nothing that makes it seem stable
so now altruism has been further thinned out between protein folding AND supporting the currency (so that others can cash out). When I was reading the OP I was looking for that "AHA!" moment to see how the protein folders contribute to the curecoin price, just like how the curecoin financial incentive contributes to more hash rate for the protein folding... to create a feedback loop. But this doesn't exist.
just off the top of my head, maybe to contribute to protein folding cpu/gpu holders need to own X amount of curecoin. In turn they'll get the folding points or whatever as well as more curecoin. Obviously this idea isn't refined, and flawed because cpu/gpu holders are the least likely to be able to have value to exchange for the coin, compared to the expensive ASIC owners.. but the concept is that the extra perk of the coin requires removing some of the coin from circulation, improving scarcity and price and WORTH.
I guess that in the future projects that need computing power will have to compete (maybe by paying the devs). It's said that other scientific projects can be easily added. Maybe there will be many? Or maybe there will be many curecoins for many projects?
Anyway by selling or purchasing the coin, private firm/labs will be able to control the points their project is receiving. I think it's easier than renting machines or just waiting for altruist minds. For that same purpose, these firms will have the incentive to promote the coin and could propose services paid in curecoin.
It wouldn't be by paying the devs but we could always add more work in the cure. Their could eventually be many for example we could soon make a curecoin boinc team find the difference in how hard the points are to earn and open a boinc team which will tie us to many more projects.
I like the idea of using curecoin to pay for research.
This coins extremely cheap now I think I'll buy a few hundred tomorrow.
May 21, 2014, 04:30:15 PM
I've pledged another 50CURE for the logo bounty bringing the total up to 300CURE!
Enter your design here:
https://bitcointalksearch.org/topic/300cure-250-bounty-for-new-logocoin-image-design-deadline-added-612699
Enter your design here:
https://bitcointalksearch.org/topic/300cure-250-bounty-for-new-logocoin-image-design-deadline-added-612699
Nice - thank you for your work with this - looking forward to seeing how this goes.
May 21, 2014, 04:28:23 PM
I've pledged another 50CURE for the logo bounty bringing the total up to 300CURE!
Enter your design here:
https://bitcointalksearch.org/topic/300cure-250-bounty-for-new-logocoin-image-design-deadline-added-612699
Enter your design here:
https://bitcointalksearch.org/topic/300cure-250-bounty-for-new-logocoin-image-design-deadline-added-612699
May 21, 2014, 04:02:57 PM
clever
just not clear on why people would hold curecoin
for the previously purely altruistic protein folders, there is only incentive to sell
buying curecoin doesn't support protein folding or scientific research except in a stretch of the imagination that a higher priced curecoin helps donations (more selling)
please explain why this won't be worth 2 satoshis in a month
if it's worth only 2 satoshi nobody would fold because they wouldn't recoup their electricity costsjust not clear on why people would hold curecoin
for the previously purely altruistic protein folders, there is only incentive to sell
buying curecoin doesn't support protein folding or scientific research except in a stretch of the imagination that a higher priced curecoin helps donations (more selling)
please explain why this won't be worth 2 satoshis in a month
so yes, people have to buy the coin to support folding
they would have to, but why would they
as with all coins, miners are dumping the coin on exchanges, and now we have new protein folders dumping coins
it is not uncommon to see a coin's price fall out of sync with base costs
so I get the concept behind curecoin, but what supports the price ?
some coins have price support by requiring coins to be held for ongoing perks, essentially removing coins from circulation. other coins have other forms of utility
here we have some kind of merge mining protein folding, a somewhat interesting distribution method for coins between cpu/gpu and sha256 asics, but nothing that makes it seem stable
so now altruism has been further thinned out between protein folding AND supporting the currency (so that others can cash out). When I was reading the OP I was looking for that "AHA!" moment to see how the protein folders contribute to the curecoin price, just like how the curecoin financial incentive contributes to more hash rate for the protein folding... to create a feedback loop. But this doesn't exist.
just off the top of my head, maybe to contribute to protein folding cpu/gpu holders need to own X amount of curecoin. In turn they'll get the folding points or whatever as well as more curecoin. Obviously this idea isn't refined, and flawed because cpu/gpu holders are the least likely to be able to have value to exchange for the coin, compared to the expensive ASIC owners.. but the concept is that the extra perk of the coin requires removing some of the coin from circulation, improving scarcity and price and WORTH.
I guess that in the future projects that need computing power will have to compete (maybe by paying the devs). It's said that other scientific projects can be easily added. Maybe there will be many? Or maybe there will be many curecoins for many projects?
Anyway by selling or purchasing the coin, private firm/labs will be able to control the points their project is receiving. I think it's easier than renting machines or just waiting for altruist minds. For that same purpose, these firms will have the incentive to promote the coin and could propose services paid in curecoin.
May 21, 2014, 03:48:12 PM
just curious what kind of ressource do you need to get 500curecoins per day with folding at home ?
Something like scrypt 100 MH/s
False. Scrypt isn't used for this cryptocurrency.
500 coins a day means 6.7% of all the coins released in a day 14.8 million points per day.
A single quad 780 ti rig could get 1 million points per day (slightly less) so you would need 15 of these.
I meant the hardware needed to get 100 MH/s with scrypt... But actually i was way off, AMD-wise it should be 30 R9 280x
You're way off, a single R9 280x gets around 120k ppd on avarage, which would mean you'll need around 120 to get 14.8 million ppd
290x gets close to 200k, 290 can do 170k, 780ti can get in spitting distance of 300k PPD with the right project.
I get 600k+ PPD out of a 4x 290 rig, 450k+ out of a 2x 780ti rig, 450k+ PPD out of a 4x 280x rig, and about 280k PPD out of a 4x 270 (non-x) rig.
About 2.1 million PPD for all my rigs (290 rig, 280x rig, 780ti rig, and two 270 rigs), according to the FaH client (all rigs added to the client via remote), and that matches really damn close to my actual PPD by the time you factor time lost for new work and the odd glitch. On scrypt, that combo of rigs is about 11mhs, just to put it in perspective.
And on my best day that earned me 67 coins. So those guys pulling down 400-500 are throwing some serious hash (er, folding) power at Curecoin.
Probably not using GPU's but servers instead like the ones mentioned in this guide: https://bitcointalksearch.org/topic/cure-illustrated-protein-folding-ec2-setup-guide-300k-ppd-per-server-604172 (Or their own servers obviously)
May 21, 2014, 03:45:45 PM
just curious what kind of ressource do you need to get 500curecoins per day with folding at home ?
Something like scrypt 100 MH/s
False. Scrypt isn't used for this cryptocurrency.
500 coins a day means 6.7% of all the coins released in a day 14.8 million points per day.
A single quad 780 ti rig could get 1 million points per day (slightly less) so you would need 15 of these.
I meant the hardware needed to get 100 MH/s with scrypt... But actually i was way off, AMD-wise it should be 30 R9 280x
You're way off, a single R9 280x gets around 120k ppd on avarage, which would mean you'll need around 120 to get 14.8 million ppd
290x gets close to 200k, 290 can do 170k, 780ti can get in spitting distance of 300k PPD with the right project.
I get 600k+ PPD out of a 4x 290 rig, 450k+ out of a 2x 780ti rig, 450k+ PPD out of a 4x 280x rig, and about 280k PPD out of a 4x 270 (non-x) rig.
About 2.1 million PPD for all my rigs (290 rig, 280x rig, 780ti rig, and two 270 rigs), according to the FaH client (all rigs added to the client via remote), and that matches really damn close to my actual PPD by the time you factor time lost for new work and the odd glitch. On scrypt, that combo of rigs is about 11mhs, just to put it in perspective.
And on my best day that earned me 67 coins. So those guys pulling down 400-500 are throwing some serious hash (er, folding) power at Curecoin.
May 21, 2014, 03:42:51 PM
Hi. So far I've completed 6 WUs for the Curecoin F@H team. I haven't been credited with any coins. It's been over 24 hours since I completed my first WU. My cryptobullionpools account has exactly the same user name as my Curecoin F@H account including the right capitalization. I created this account just before I started folding. Is something wrong or should I wait more?
Make DAMN SURE you have the proper team entered. Not on the Curecoin team (224497) , you're just charity folding.
You should wait atleast 1 more day, my first points started to show up after about 48-72 hours.
May 21, 2014, 03:40:56 PM
Hi. So far I've completed 6 WUs for the Curecoin F@H team. I haven't been credited with any coins. It's been over 24 hours since I completed my first WU. My cryptobullionpools account has exactly the same user name as my Curecoin F@H account including the right capitalization. I created this account just before I started folding. Is something wrong or should I wait more?
Make DAMN SURE you have the proper team entered. Not on the Curecoin team (224497) , you're just charity folding.
May 21, 2014, 03:40:35 PM
just curious what kind of ressource do you need to get 500curecoins per day with folding at home ?
Something like scrypt 100 MH/s
False. Scrypt isn't used for this cryptocurrency.
500 coins a day means 6.7% of all the coins released in a day 14.8 million points per day.
A single quad 780 ti rig could get 1 million points per day (slightly less) so you would need 15 of these.
I meant the hardware needed to get 100 MH/s with scrypt... But actually i was way off, AMD-wise it should be 30 R9 280x
You're way off, a single R9 280x gets around 120k ppd on avarage, which would mean you'll need around 120 to get 14.8 million ppd
May 21, 2014, 03:01:01 PM
just curious what kind of ressource do you need to get 500curecoins per day with folding at home ?
Something like scrypt 100 MH/s
False. Scrypt isn't used for this cryptocurrency.
500 coins a day means 6.7% of all the coins released in a day 14.8 million points per day.
A single quad 780 ti rig could get 1 million points per day (slightly less) so you would need 15 of these.
So a single 780ti gets 250k ppd?
May 21, 2014, 02:52:58 PM
Hi. So far I've completed 6 WUs for the Curecoin F@H team. I haven't been credited with any coins. It's been over 24 hours since I completed my first WU. My cryptobullionpools account has exactly the same user name as my Curecoin F@H account including the right capitalization. I created this account just before I started folding. Is something wrong or should I wait more?
Based on what I've seen from past posts, it can take up to 72 hours to be credited. I'm not sure if there's a way to see a more up-to-date view of whether or not you're accurately earning (or how much) though.
Wait until the data appears on stanford's folding at home page for your username. If you have points here then within 24 hours you should see points on cryptobullionpools.com. Then you will be paid out within 24 hours from that.
Thanks for that. Can you also clarify something for me?
I'm folding at the moment. I have an ETA of 3.5 days for my current project. But it says "TPF: 50 minutes." What is the TPF?
TPF = time it takes to complete 1%.
That's quite a long TPF, what GPU do you have, and how many estimated points is the project?
Ah, it's because I'm running other things atm as well. I won't be able to straight up fold for another 3 days or so. I was just testing it out to see how it all works,
.Thanks for the clarification!
(And fwiw, that's worth 3k PPD)
May 21, 2014, 02:47:38 PM
Hi. So far I've completed 6 WUs for the Curecoin F@H team. I haven't been credited with any coins. It's been over 24 hours since I completed my first WU. My cryptobullionpools account has exactly the same user name as my Curecoin F@H account including the right capitalization. I created this account just before I started folding. Is something wrong or should I wait more?
Based on what I've seen from past posts, it can take up to 72 hours to be credited. I'm not sure if there's a way to see a more up-to-date view of whether or not you're accurately earning (or how much) though.
Wait until the data appears on stanford's folding at home page for your username. If you have points here then within 24 hours you should see points on cryptobullionpools.com. Then you will be paid out within 24 hours from that.
Thanks for that. Can you also clarify something for me?
I'm folding at the moment. I have an ETA of 3.5 days for my current project. But it says "TPF: 50 minutes." What is the TPF?
TPF = time it takes to complete 1%.
That's quite a long TPF, what GPU do you have, and how many estimated points is the project?
May 21, 2014, 02:47:05 PM
just curious what kind of ressource do you need to get 500curecoins per day with folding at home ?
Something like scrypt 100 MH/s
False. Scrypt isn't used for this cryptocurrency.
500 coins a day means 6.7% of all the coins released in a day 14.8 million points per day.
A single quad 780 ti rig could get 1 million points per day (slightly less) so you would need 15 of these.
May 21, 2014, 02:21:36 PM
Hi. So far I've completed 6 WUs for the Curecoin F@H team. I haven't been credited with any coins. It's been over 24 hours since I completed my first WU. My cryptobullionpools account has exactly the same user name as my Curecoin F@H account including the right capitalization. I created this account just before I started folding. Is something wrong or should I wait more?
Based on what I've seen from past posts, it can take up to 72 hours to be credited. I'm not sure if there's a way to see a more up-to-date view of whether or not you're accurately earning (or how much) though.
Wait until the data appears on stanford's folding at home page for your username. If you have points here then within 24 hours you should see points on cryptobullionpools.com. Then you will be paid out within 24 hours from that.
Thanks for that. Can you also clarify something for me?
I'm folding at the moment. I have an ETA of 3.5 days for my current project. But it says "TPF: 50 minutes." What is the TPF?
May 21, 2014, 02:13:59 PM
just curious what kind of ressource do you need to get 500curecoins per day with folding at home ?
Something like scrypt 100 MH/s
May 21, 2014, 02:10:40 PM
Hi. So far I've completed 6 WUs for the Curecoin F@H team. I haven't been credited with any coins. It's been over 24 hours since I completed my first WU. My cryptobullionpools account has exactly the same user name as my Curecoin F@H account including the right capitalization. I created this account just before I started folding. Is something wrong or should I wait more?
Based on what I've seen from past posts, it can take up to 72 hours to be credited. I'm not sure if there's a way to see a more up-to-date view of whether or not you're accurately earning (or how much) though.
Wait until the data appears on stanford's folding at home page for your username. If you have points here then within 24 hours you should see points on cryptobullionpools.com. Then you will be paid out within 24 hours from that.
May 21, 2014, 02:10:23 PM
just curious what kind of ressource do you need to get 500curecoins per day with folding at home ?
May 21, 2014, 02:08:56 PM
Hi. So far I've completed 6 WUs for the Curecoin F@H team. I haven't been credited with any coins. It's been over 24 hours since I completed my first WU. My cryptobullionpools account has exactly the same user name as my Curecoin F@H account including the right capitalization. I created this account just before I started folding. Is something wrong or should I wait more?
Based on what I've seen from past posts, it can take up to 72 hours to be credited. I'm not sure if there's a way to see a more up-to-date view of whether or not you're accurately earning (or how much) though.
May 21, 2014, 01:49:40 PM
If the Devs put up an OSX Wallet onto the OP and website I will promise to buy 1 BTCs worth of Curecoins on the exchange to add a little to the buying power. At the moment I have nowhere to put my coins locally so mine are just stored at the folding pool.... not ideal
I assume everyone is aware of the user-built wallet available, just unwilling to trust it? http://curecoin.net/index.php/knowledge-base/16-knowledge-base/resources/20-where-can-i-get-a-curecoin-wallet
Just making sure, don't blame you if you want to wait for an officially vetted one.
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