Topic: [ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018 - page 161. (Read 696254 times)

Have tried deleting the GPUs from the config and reinstating.  No joy still stuck on download

my first thought was the organizations that benefit from protein folding

begin transacting in curecoin

get grants paid in curecoin


this indirectly moves a lot of capital into the curecoin network

then just fold without getting paid, it's the same as the coin being worth 2 satoshi
why do you need curecoin to fold if you're going to do it anyway?

thanks

That counter argument has not been demonstrated in any cryptocurrency yet, even in low float cryptos that have very few full units, the infinite divisibility is a feature

Well, as far as I'm aware there are no uses anyways. There needs to be businesses that revolve around CureCoin. Something unique that this coin brings and makes people buy into it as a result. Protein folding is awesome, sure, but it's not going to get people to buy the coin.

CureCoin is a POW / POS hybrid so theoretically the POS component should help the value because people will want to hold the coin in order for minting to work.  The counter argument could be that holding a coin also destroys it because if there is no circulation nobody will want to use it for anything assuming there is something to use it for in the first place.
 

fair points but the proper incentive will improve the hash rates for protein folding.

I am here to entertain a cognitive discussion on how to improve incentive, not an abstract "free market, altruism" cop out

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.

Yeah, I disagree with the idea that people will quit folding. I highly doubt every other team out there with folders is paying them to do it; people do it because they care.

Now 3 out of 5 are stuck not picking up wu.  will be down to 1 card in 20 mins by the looks of it

In all honesty some of us will probably fold no matter what the value of the coin.  I'm not particularly concerned about whether I recover the cost of my hardware or my electricity.  Crypto was a gamble for me and I simply despise mining due to the wasted resources so if I make money great!  If I don't, I can live with it.  At least the work done to earn the coins meant something.

Edit:  Regarding the original question of explain why this won't be worth 2 satoshis in a month.  Nobody can say what the value of any coin will be in a month.  There are a lot of people that will argue otherwise but it is simply an opinion.

if it's worth only 2 satoshi nobody would fold because they wouldn't recoup their electricity costs

so yes, people have to buy the coin to support folding

I'm guessing that either they have some work servers down for maintenance or they are just plane down.  I have not run into the issue but my work servers all have different IP's.  No idea how the work server IP's are assigned in the clients or if there is a way to override it.  I do not see a setting for changing your work server but there may be a command line option.

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

Just did my every morning check on the rigs and at the moment the problem was gone on all of them.
So even if you restart the client/system you are still getting the same error ? Restarting the client did you make sure that the process actually quit from task manager ? I had to force quit the F@H client because nor exit or quit actually shuts it down immediately.

I just got 2 new WUs... 13xxx.

No issues downloading my side.

my log details

06:19:08:WU02:FS00:Requesting new work unit for slot 00: READY gpu:2:Hawaii [Radeon R9 200 Series] from 171.64.65.93
06:19:08:WU02:FS00:Connecting to 171.64.65.93:8080
06:19:08:WU01:FS01:Requesting new work unit for slot 01: READY gpu:0:Hawaii [Radeon R9 200 Series] from 171.64.65.93
06:19:08:WU01:FS01:Connecting to 171.64.65.93:8080
06:19:09:ERROR:WU02:FS00:Exception: Server did not assign work unit
06:19:09:ERROR:WU01:FS01:Exception: Server did not assign work unit

It's what, midnight-ish East Coast US?  Might be awhile before somebody wakes up and sees the problem at Stanford. 

I have the same problem. 2 out of my 5 cards not picking up new WUs.  Re-boot didnt work ..... seems more widespread

I highly doubt it - I haven't had this problem occur but I will look into it.