Topic: [ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018 - page 16. (Read 696254 times)

Anyone is free to build and deploy any number of servers for Curecoin folding (or any other type of mining in the cryptocurrency ecosystem); the entire ethos of this space relies on the permissionless nature of blockchain technology. No projects in this space can be built with any expectation of profit--the availability of hardware and performance of software will dictate the amount of folding/mining. It's a free market, and anyone is able to participate at any level. Curecoin developers don't have any advantage over anyone else in the ecosystem; would people be upset if a large folder unrelated to the development team were to come in and do the exact same thing? The fact that I'm involved in the project shouldn't limit my ability to participate compared to anyone else who isn't contributing code/ideas to the project. I'm not making any changes to the protocol or otherwise modifying the project in any way that benefits me, I'm simply paying money to build out infrastructure, and using it for folding for now.

I'm not going to purchase Curecoin for the sake of holding up the market--the goal of Curecoin is to drastically improve the computational resources put towards groundbreaking medical research, not ensure a profit margin for a particular user. The farm is no longer growing (and hasn't for a while), and it's around 8% of the total folding power, I believe. Building a mining rig is a calculated risk, and decisions should be made based on expected market growth/decline, profit margin predictions, alternative uses for the hardware that also generate profit, etc. Assuming that someone won't step in and benefit from an economic incentive is a bit silly, whether they're a developer of the project or not.

Sorry to see you go

AFAIK, Cryptopools was the last remaining public PoW pool (and since the format of the coin is so ASIC-unfriendly, I can't imagine there's much of a likelihood of anyone opening a new one).

Hi there,

is there any working mining pool?
I've try all the one on the main thread, no one works...

I’d have to say that it’s all about perspective (most specifically the broadness or narrowness of it). My 2¢ primarily ignores outliers and those that are “well off” financially and (rambling as it may be at 5am) it goes something like this:

The main project of folding is one that is largely meant to be altruistic in nature. The advent of CURE and FLDC, by the nature of their existence and having financial value, changes that dynamic. Since they do exist, no one is spending 25, 50, 100 thousand dollars and expecting a negative long-term financial return; in other words, we’re expecting to get more out of this, now, than purely that which is altruistic.
We have a vested interest in seeing positive returns and, with a capped disbursement, for each dollar that each of us spends, the rest of us make less. That’s just a simple fact of how it all works. This is especially true given that the market price of the coin tends to stay hovering around specific USD based values. I find that absurd, but I’ll not digress into that topic until another day.

52.7 million PPD has an impact on the profit of every folder. There can be no question of that. While it is true that anyone in the world, including devs, have the “right” to rent, buy, or borrow whatever equipment they so choose, from my perspective, it’s actually worse that it’s not dedicated than if it were. We’re now in a position where we are forced to make decisions based on the whims of a 3rd party (will he be renting today? If so, will he be folding with it? … etc.) The confusion/problem/issue is compounded by the fact that that 3rd party is a dev.

Tldr; If you’re not in it for the altruism, you’ll end up with a higher, steadier income if you mine other stuff with your GPUs instead of fold.

Didn't he say he was just renting rigs temporarily?
I think it's a good thing for devs to own or 'mine' some of their coin, just so you can be sure that they will continue to have an interest in the price and development, etc....but 10% of the team's folding power does seem a little excessive.
Still, I agree there's no reason he shouldn't be able to spend his own money renting those servers. On the flip side though if enough folders have issues with that it may not be the best stance to take.

Its a free and open project any one including the dev can participate as they see fit imo. Suggesting anyone should buy the coins and hold them so you can profit more is just out right crazy, its not how free systems work. Likewise telling anyone what they can or can't do with their cure or foldingcoin rewards is crazy.

Goodbye.

 Vorshalk's "farm" is killing profitability on both CureCoin AND Foldingcoin, which I classify as ABUSE BY A DEVELOPER and am not willing to put up with any more.

 This is NOT going to "increase the price of the coin" - the SAME number of coins still get generated, they STILL end up getting spent - "donating them to charity" just means the CHARITY ends up spending them at which point they're right back into circulation.

 The ONLY effect of this massive farm is to KILL PROFITABILITY FOR THOSE OF US PARTICIPATING IN BOTH PROJECTS.


 If he really wanted to increase the price of the coin, he'd put the $100,000 (OR MORE, since he said he was using rigs with ONE GPU PER RIG) into BUYING CURECOIN instead - which WOULD increase the price of the coin, and if he then HELD ON to the Curecoin he bought it would also reduce the supply FOR REAL helping prop the price up.


 I am also starting to wonder VERY SERIOUSLY where he is getting the money to BUILD this farm - he's not like Ed Olkkola who is KNOWN to have a high-pay type job as an executive for an "investment banker" type company and has built his farm up over years.



 I can see it being reasonable for a Developer of a coin to have a FEW rigs for testing with.
 100+ RIGS that are eating over 10% of the profitability of the coin AND STILL GROWING IN NUMBER AND PROFITABILITY KILLING is not reasonable by ANY standard.

Pre release of Curecoin 1.9.4.1 for Windows here  https://drive.google.com/file/d/0B2Fc443aXWIAWWpGdTdKTnV1LTg/view?usp=sharing

Curecoin 1.9.4.1 source code for  Linux users https://drive.google.com/file/d/0B_PoRrj3QF5sYUlSeGVWcEl1SVE/view?usp=sharing

This wallet includes the staking indicator and the easy unlock features. Enjoy

Good luck - looks very interesting

The basics for merged FLDC + CURE folding is simple.
 Set up a folding account for FLDC per their instructions.
 Then join the Curecoin Team and sign up for the cryptobullions pool using that folding account.

I'll try to make such a video after I'm cured of a cold. How to merged folding you can read in russian FLDC topic -> https://bitcointalksearch.org/topic/m.13067173

Great question! Two things will be in place:
-Multiple CAs (if one goes down, their difficulty just falls while the other CAs (say, GPUGrid) continue to successfully issue certificates)
-Curecoin devs will also have the ability to automatically create blocks with no reward/fee during times of DCN disruption as a "last resport," simply to help network congestion [fees of included transactions will either be burnt, provably sent to charity, or forwarded to future block minters]

Obviously still a semi-centralized solution as anything like Curecoin is bound to be, but it's designed to best handle any issues in the best possible manner considering the constraints of a blockchain designed around DCNs.

Russian  Video Tutorial for Getting Started Folding, give me please

I already raised this concern about one year ago on this thread and Vorksholk said there will indeed be a backup system to issue "dummy" certificates while Stanford is down.

Given the problems with the Stanford stat server, will there be a distributed system for the certificate authorities.  If they can't be bothered to maintain a simple server I'm not sure how much faith I have in them issuing certificates.

Yes, read the front page of the pool site.

I've received the very same payment for 4 days 
Something wrong in the distribution system?

There's an infinitesimal chance that you'll be able to generate a block that way. You're competing with ASICs that are designed just for that purpose and the difficulty is astronomical for a CPU to try to hit.

Like xandry said, you're better off using that CPU to fold with (you'll get paid more per year than you'd likely get in a decade trying to hit a 100+M diff block with a CPU).

Is it possible? I mean mining with wallet.
All you need is here: How to “Folding to Earn CureCoin Tokens”

Hi, I'm using curecoin linux wallet and i have activated coin generation in my wallet so by now my computer is mining curecoin. I guess i'm solo mining because when i check getmininginfo it reports i'm not in a pool.
I did not found by myself how to configure pool mining in my wallet. Please can someone explain ? Thanks.