Author

Topic: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh) - page 300. (Read 466822 times)

newbie
Activity: 51
Merit: 0
Congrats to all who bought when nobody cared about solarcoin a few months back and everything was doom and gloom. Grin

+8

There was no doom and gloom for me, we were just a building a strong foundation.  Cheesy

+8

Almost all the Solarcoin owners I know keeping them for long term. After block 310K and POS switch, there will be no coin to buy  Cheesy
sr. member
Activity: 406
Merit: 250
Congrats to all who bought when nobody cared about solarcoin a few months back and everything was doom and gloom. Grin

+8

There was no doom and gloom for me, we were just a building a strong foundation.  Cheesy
legendary
Activity: 1736
Merit: 1001
Congrats to all who bought when nobody cared about solarcoin a few months back and everything was doom and gloom. Grin
newbie
Activity: 51
Merit: 0
Solarcoin price is like a ticking bomb   Wink

Can explode anytime, I hope cheap sellers wont regret it  Undecided
sr. member
Activity: 406
Merit: 250
I thought I heard "SolarCoin" before. Is it a re-launch or just same name?

Same coin. It's just being updated for block reduction and Proof of stake.

Which means it makes the current price very interesting  Grin
legendary
Activity: 1736
Merit: 1001
Man has the interests really picked up around here the last 2 days.  Grin
legendary
Activity: 1708
Merit: 1000
Solarcoin.org


Perhaps when all the changes are done and SLR is fully POS, the developers can compile a fully functional SLR Raspberry Pi wallet.  That would be a first and quite a coup - well in keeping with the philosophy of SLR....



That would be awesome. I think that's something that should be worked on in the future.
legendary
Activity: 1708
Merit: 1000
Solarcoin.org
I thought I heard "SolarCoin" before. Is it a re-launch or just same name?

Same coin. It's just being updated for block reduction and Proof of stake.
newbie
Activity: 58
Merit: 0
I thought I heard "SolarCoin" before. Is it a re-launch or just same name?
sr. member
Activity: 414
Merit: 250
Freedom through Cryptocurrency!
Announcement by SolarCoin Foundation about block reward reduction and transition to proof-of-stake. New wallets released in beta:

http://solarcoin.org/important-update-to-solarcoin-currency-wallets/
sr. member
Activity: 364
Merit: 250
Super Smash Bros. Ultimate Available Now!
Wow new thread - congrats SLR! I always know that this coin is part of the future. Smiley I still have my heaps of SLRs on my external hardrive, I stored it there cause I know that this will be valuable in the future. =)
member
Activity: 74
Merit: 10

I have 3 x gridseed orbs, 1 x Gridseed Blade (a total of 6.1Mh/s) running off of a baby fanless PC with a small SSD dedicated to SLR.  This little setup sits in my workshop attached to an inverter / 110Ah 12v deep cycle battery and 300W of old solar panels.  Even through our southern hemisphere winter I have managed to maintain 98% up-time on  solar power alone.  All up that baby PC uses just 10's of Watts and can happily run 2 x miner software and a SLR wallet.  Keeping a wallet open on such a small PC. piggy backing wireless off the house router is a zero energy option even with a much smaller panel / battery setup.  With a little thought I could probably get it to run off of the 12v direct (it needs 18v) by using a voltage shifter circuit and save the inverter.  The Gridseeds will run off 12v and I use an old PC power supply to power the 12v rail for these.  So with a little more work I could take quite a few latent inefficiencies out of the system, but the panels are there doing nothing else - they are the wrong spec to add to my 4.4 KVa house system.

My point is : compared to the wattage required to run even a very small mining rig, a baby PC running a wallet is of no consequence.  Currently available (modern) scrypt miners are running about 10W/MH/sec at best.  So a baby PC running a wallet would equate to about 2MH of mining effort max.  Doesn't seem that wasteful to me....

As I write this there are 1698MH of mining hash on the SLR coin alone.  That is (even at the 10w/MH as above) 3957Kw (3.9MW) a DAY.....   That would run a lot of wallets......


T



True. I just looked up raspberry pi power consumption and it's between .5 and 1 watt. That is indeed a lot of open wallets using almost no power. I think once SLR coin hits PoS I will look into a pi solution to run the wallet. As it stand I have a netbook that eats about 10-20 watts I can use in the interim.

Perhaps when all the changes are done and SLR is fully POS, the developers can compile a fully functional SLR Raspberry Pi wallet.  That would be a first and quite a coup - well in keeping with the philosophy of SLR....

legendary
Activity: 1708
Merit: 1000
Solarcoin.org

I have 3 x gridseed orbs, 1 x Gridseed Blade (a total of 6.1Mh/s) running off of a baby fanless PC with a small SSD dedicated to SLR.  This little setup sits in my workshop attached to an inverter / 110Ah 12v deep cycle battery and 300W of old solar panels.  Even through our southern hemisphere winter I have managed to maintain 98% up-time on  solar power alone.  All up that baby PC uses just 10's of Watts and can happily run 2 x miner software and a SLR wallet.  Keeping a wallet open on such a small PC. piggy backing wireless off the house router is a zero energy option even with a much smaller panel / battery setup.  With a little thought I could probably get it to run off of the 12v direct (it needs 18v) by using a voltage shifter circuit and save the inverter.  The Gridseeds will run off 12v and I use an old PC power supply to power the 12v rail for these.  So with a little more work I could take quite a few latent inefficiencies out of the system, but the panels are there doing nothing else - they are the wrong spec to add to my 4.4 KVa house system.

My point is : compared to the wattage required to run even a very small mining rig, a baby PC running a wallet is of no consequence.  Currently available (modern) scrypt miners are running about 10W/MH/sec at best.  So a baby PC running a wallet would equate to about 2MH of mining effort max.  Doesn't seem that wasteful to me....

As I write this there are 1698MH of mining hash on the SLR coin alone.  That is (even at the 10w/MH as above) 3957Kw (3.9MW) a DAY.....   That would run a lot of wallets......


T



True. I just looked up raspberry pi power consumption and it's between .5 and 1 watt. That is indeed a lot of open wallets using almost no power. I think once SLR coin hits PoS I will look into a pi solution to run the wallet. As it stand I have a netbook that eats about 10-20 watts I can use in the interim.
member
Activity: 74
Merit: 10

So first, let me make it clear I want to get paid for direct consulting, or for commercial GPL-exception license fees for code like https://bitbucket.org/dahozer/catcoin, which is free for anyone to use if they give back to the community by making any source changes available. Exchanges or businesses that provide services based on AGPLv3 code need to either provide the code, or pay the developers commercial license exception fees.

The idea that 'energy is wasted' by mining is a tremendously dangerous idea for renewable energy. Proof-of-work mining powered by solar energy is the mostly likely disruptive change that has the ability to put fossil fuel and nuclear generation out of business permanently.

Leaving wallets open staking all the time is an energy-intensive and wasteful process that will only fuel more fuel-burning power generation.

A miner on my farm that only runs when the wind blows or the sun shines is going to be far more secure, and promote renewables more than a proof-of-stake system with lots of computers running 24x7 that can be compromised with software auto-update systems. You can't remotely exploit sha or scrypt ASIC silicon, while it's only a matter of buying an unreleased zero-day exploit for windows or MacOS to steal enough solarcoin to 51% stake-attack the network.

That being said, the plan you lay out for VC-funding and the 'proof of stake' investor bandwagon seems to have a strong chance of actually succeeding, so it seems the reality that developers need to be paid first makes that route more secure in the short term, because it's more likely people will get paid to make it happen.

Well that being said there are options for low power computing. A Netbook for example uses almost zero electricity. A pi is also very power efficient. If you consider the idea is to eventually convert a large portion of people to solar power by making it more cost effective to run solar with Solarcoin feed in tariffs, we well realize a net benefit of power consumption through grid means by simply making is less expensive to run solar. I think the equation will eventually tip to solar even with computers running multiple wallets. The average computer running this software will use no more than 100 watts, and probably much less using the methods I described.

I have 3 x gridseed orbs, 1 x Gridseed Blade (a total of 6.1Mh/s) running off of a baby fanless PC with a small SSD dedicated to SLR.  This little setup sits in my workshop attached to an inverter / 110Ah 12v deep cycle battery and 300W of old solar panels.  Even through our southern hemisphere winter I have managed to maintain 98% up-time on  solar power alone.  All up that baby PC uses just 10's of Watts and can happily run 2 x miner software and a SLR wallet.  Keeping a wallet open on such a small PC. piggy backing wireless off the house router is a zero energy option even with a much smaller panel / battery setup.  With a little thought I could probably get it to run off of the 12v direct (it needs 18v) by using a voltage shifter circuit and save the inverter.  The Gridseeds will run off 12v and I use an old PC power supply to power the 12v rail for these.  So with a little more work I could take quite a few latent inefficiencies out of the system, but the panels are there doing nothing else - they are the wrong spec to add to my 4.4 KVa house system.

My point is : compared to the wattage required to run even a very small mining rig, a baby PC running a wallet is of no consequence.  Currently available (modern) scrypt miners are running about 10W/MH/sec at best.  So a baby PC running a wallet would equate to about 2MH of mining effort max.  Doesn't seem that wasteful to me....

As I write this there are 1698MH of mining hash on the SLR coin alone.  That is (even at the 10w/MH as above) 3957Kw (3.9MW) a DAY.....   That would run a lot of wallets......


T

legendary
Activity: 1708
Merit: 1000
Solarcoin.org

So first, let me make it clear I want to get paid for direct consulting, or for commercial GPL-exception license fees for code like https://bitbucket.org/dahozer/catcoin, which is free for anyone to use if they give back to the community by making any source changes available. Exchanges or businesses that provide services based on AGPLv3 code need to either provide the code, or pay the developers commercial license exception fees.

The idea that 'energy is wasted' by mining is a tremendously dangerous idea for renewable energy. Proof-of-work mining powered by solar energy is the mostly likely disruptive change that has the ability to put fossil fuel and nuclear generation out of business permanently.

Leaving wallets open staking all the time is an energy-intensive and wasteful process that will only fuel more fuel-burning power generation.

A miner on my farm that only runs when the wind blows or the sun shines is going to be far more secure, and promote renewables more than a proof-of-stake system with lots of computers running 24x7 that can be compromised with software auto-update systems. You can't remotely exploit sha or scrypt ASIC silicon, while it's only a matter of buying an unreleased zero-day exploit for windows or MacOS to steal enough solarcoin to 51% stake-attack the network.

That being said, the plan you lay out for VC-funding and the 'proof of stake' investor bandwagon seems to have a strong chance of actually succeeding, so it seems the reality that developers need to be paid first makes that route more secure in the short term, because it's more likely people will get paid to make it happen.

Well that being said there are options for low power computing. A Netbook for example uses almost zero electricity. A pi is also very power efficient. If you consider the idea is to eventually convert a large portion of people to solar power by making it more cost effective to run solar with Solarcoin feed in tariffs, we well realize a net benefit of power consumption through grid means by simply making is less expensive to run solar. I think the equation will eventually tip to solar even with computers running multiple wallets. The average computer running this software will use no more than 100 watts, and probably much less using the methods I described.
sr. member
Activity: 271
Merit: 254
newbie
Activity: 24
Merit: 0
solarcoin.conf
Code:
daemon=1
server=1
gen=0
addnode=50.121.198.164
addnode=162.243.214.120
addnode=64.34.49.151
addnode=107.170.138.159
addnode=78.151.140.165
addnode=192.99.47.133
addnode=67.255.7.120
addnode=50.41.98.76
addnode=87.118.88.200
addnode=178.62.36.143
hero member
Activity: 546
Merit: 500

At this time, the thinking is to incorporate as a startup company and raise venture capital to help fund the project. Nick has some connections in the VC world. There might also be a SolarCoin 501(c)(3) nonprofit organization which could raise tax-deductible donations, pursue grant funding from charitable foundations that care about renewable energy and the environment, etc.

This is amazing stuff if this happens! Grin Grin Grin


Two thumbs up!
legendary
Activity: 1148
Merit: 1000
I have been in Solarcoin since day one when it launched.  I still hold all my coins, including the original blocks I mined myself!  I believe in the idea and that this idea will gain traction, but it is going to take time.

I have set off a Twitter campaign to notify parties of Solarcoin's existence, as I feel the timing is now right.  I'm going to continue this campaign for a while and I believe there has already been some light shined on SLR.

To the Solarcoin Foundation.  I believe at this point SLR should be incorporated in the near future.  This would push the idea even further and show people this is serious business and the Solarcoin following would only continue to grow.
legendary
Activity: 1736
Merit: 1001

At this time, the thinking is to incorporate as a startup company and raise venture capital to help fund the project. Nick has some connections in the VC world. There might also be a SolarCoin 501(c)(3) nonprofit organization which could raise tax-deductible donations, pursue grant funding from charitable foundations that care about renewable energy and the environment, etc.

This is amazing stuff if this happens! Grin Grin Grin
Jump to: