Topic: [ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018 - page 194. (Read 696254 times)

Your funny... money for windows.... or am i not allowed to post that...?

i'v been folding years ago, even after i heard of bitcoin. told to my friend years ago that bitcoin looks to me like a stilly waste of electricity and F@H (and alike) is much more important.
of course i feel stupid about that now because i could maybe fix my (and everyone i know) financial problems

too bad can't fold with ATI on Linux and i don't have money for windows now

i'v been folding years ago, even after i heard of bitcoin. told to my friend years ago that bitcoin looks to me like a stilly waste of electricity and F@H (and alike) is much more important.
of course i feel stupid about that now because i could maybe fix my (and everyone i know) financial problems

too bad can't fold with ATI on Linux and i don't have money for windows now

Where can I send my BTC and CURE to build ASIC folding?

I always felt dirty whenever I redirected folding hardware to mining. No I get to feel clean!

Those cryptobullionpools cash-outs sure take their sweet time. How long does it usually take?

payouts on pool also are processed once per day... (one of things on to do list tough)

Those cryptobullionpools cash-outs sure take their sweet time. How long does it usually take?

yes, changing the one minute notice is on the to do list. payments actually run once every 24 hours, you should be getting you coins soon
Thanks for folding with us!
CygnusXI

I feel excitement.  Think of all the processing power that will now be doing folding that would have never even considered it before!

The fair market value is highly variable because of how much potential a coin like this has - mining is obviously more profitable in the beginning too.


However, with that said, we are at around 120,000,000 PPD though going up ~50% / day


A single Nvidia 780 ti (one of the most efficient cards) can generate 200k PPD and the system cost is probably $1200 at least and uses 350 watts for your whole system let's assume total 385 watts if you have a 90% PSU.


200,000 / 120,000,000 * 7488 =
12.5 coins per day


Personally, my electricity is $0.36 / kWh, but I'm going to assume your electricity is $0.16 / kWh because most people's electricity isn't as expensive as mine.

385 * 24 = 9.24 kWh / day ($0.16 / kWh) =
$1.48 / day in electricity

Plus let's assume you want to pay back your system over 1.5 years which  I think is quite fair.
That means you need to be making another $2.20 / day

Therefore, your total raw daily cost is: $3.68/day
At 12.5 curecoins
And $450 / BTC

That gets you $0.30 / curecoin or 0.00067 BTC / curecoin roughly 20% of what they are currently selling for.


However, many factors effect this - the coin has  a lot of potential and futuristic value. More so the value in cost is going up by around $0.40 / day. More so with the risk of more expensive electricity, other costs, and for real productivity a desire to pay off rigs sooner, I would put a fair value price of $1.00 not counting future potential as you ask. However, cryptocurrencies can often be looked as to similar to stocks in some senses and future potential is a big factor for both of them.

At the current rate, in 5 days they'll be $3, in 50 they'll be $27 - and so on. They probably won't rise that fast but future potential is a big factor 2 days ago we were mining at 1/10 the rate we are mining and as we work on some of the initial problems, more miners are joining, some with dedicated farms with curecoins. There is also the thing that once scrypt asic miners become more common many GPU rigs will switch over to coins such as this.

Therefore, I would put an overall fair value of $5/curecoin at this point in time - and personally have already bought what I could for this price.



Hope this helped with your investing and decisions,
Cameron

Well you can always check manually, but it's a bit of a process atm. I'm pretty sure the devs are working on making everything more real-time but you'll have to ask them about that. Right now you would have to keep a record of your total points earned according to the F@H site, then find the difference of your total points 24 hours later, that will give you your points earned on any given day. Problem is I'm not sure what time of day the cryptobullionpools scrapes this info from the F@H site. Anywhoo, once you've done that, you can look at the daily stats on cryptobullionpools and find the total points for the day (69910158 as of last update). Then it's just a matter of doing the calculation (My Points) / (Total Team Points) * 7488 = (Amount of Coins I Will Receive)

In my case on the 12th I had 120k points and the total team points were 37880030 so I should have earned 120k / 37880k * 7488 = ~24 coins....which I did actually receive.
Yesterday I had 105k points and total team points were 69910k so I should have earned 105k / 69910k * 7488 = ~11 coins. I did actually receive that amount, so I know everything is on the up and up in my case.


Yes mafia I went from 70k and 60k ppd on each card to 90k and 80k after going from 13.12 to 14.4.

Feeling like the birth of treatment of the coin, I feel fear, fear, anxiety......

Just a quick note to say I'm so glad this project launched!  Also the guides were very well done!  I had no issues getting 15 R9 290X TRI-X's folding away and I even put an old GTX 590 into use for folding as well.  I've never done any folding before so I'm curious to see how they will all do.  I can see one of the machines is lagging behind the others (after about 12 hours) even though hardware wise they are identical.  I'll probably rebuild it over the weekend just to see if it makes a difference before I start calling out for help from the big guns.  

The bottom line for me is that I'm quite happy to put my hardware to work doing something meaningful.  Mining coins actually drove me crazy because although I understand it secured the block chain, it was also incredibly wasteful.  Now I feel like I'm contributing to something worthwhile.  I just didn't get that feeling when I "mined" coins.

So once again congrats on the launch!  I hope I'll be climbing the folding ranks soon and I hope the coin rapidly gains popularity.  Given a choice between using your processing power for scientific research or just "hashing" for coins the choice should be obvious if people know about it.

Time will tell.