Topic: Folding At Home With Medic Coin Earn Big Money with your GPUs - page 3. (Read 1576 times)

Pardon my french, but you are a fucking idiot.  Why would any new coin piggyback on another one?  Of course if you must choose between this or another coin.  This is no different than literally mining anything.  Curecoin is on only 2 exchanges, as it FLDC.  If you want to compare wallets, Curecoin's didn't even have a feature to display your staking status until 6 months ago.  Don't let the door hit you on the way out.

Medic Coin is currently listed on 4 exchanges:

1.  Crypto-bridge https://wallet.crypto-bridge.org/market/BRIDGE.MEDIC_BRIDGE.BTC
2.  Btc-Alpha https://btc-alpha.com/exchange/MEDIC_BTC/
3.  Stocks.exchange https://stocks.exchange/trade/MEDIC/BTC
4.  crypto-hub https://cryptohub.online/market/MEDIC/

The wallet has a private key by using dumpprivkey  .  If you are a newbie and don't know how to use this we can teach you.  

We have physicians and engineers and computer programmers on the team.  That is a big plus as most coins are anonymous.  Please visit Medic Coin page to learn more https://mediccoin.com/

You can join our discord and learn about Medic Coin https://discord.gg/EX2hBzY

We are working on merge mining with Folding Coin.  We are not forcing anyone to mine Medic Coin.  You do your research and mine or not is up to you as there are thousands of other coins you can mine.  Medic Coin also has PoS and masternodes so you can earn Medic Coins that way too.

The motto for Medic Coin is "Do good things and make life better".

Well I did some reading and it seems like the project is doom to fail. Instead of piggy backing on curecoin, the Mediccoin is forcing people to mine a shitcoin (very good coin) in the hopes that in a few years it will be worth something. The key to mass adoption is have exchange support and a good wallet. This has neither. I found a critical flaw in the wallet. You cannot see your private key so you are SOL if the wallet isn't backed up. Even those backup files don't work half the time. NO private key - NO GO!


Cons-

None existent exchange support.
No Private Key (Wallet)
Must choose between Curecoin AND FDCL or This.....

I'm sorry but this coin is extremely flawed. Time to switch back to something I can ACTUALLY SELL!

I want to clarify that we do not make any profits from Folding at Home.  If a big folder with 100 million credits a day participate in Folding at Home team 234020 then Stanford University FAH still gets 100 million credits.  However, if you have one 1080 Ti then your portion of earning will be much less because now you are only a little portion of the pool.

The user asked:  How much will I get with 11 cards of 1050 Ti?  

Assumption:  You are asking for today 3/2/18 earning.  Earning tomorrow will be different
Assumption:  Each of your 1050 Ti produces 160,000 credits   https://greenfoldingathome.com/
Assumption:  Medic price is at 16 cents

Solve for

The first thing to find out is the total credits for team 234020 on 3/2/2018 from http://oracledoc.com .  It shows the total credits = 23230536

Second find out how many credits does 11 1050 Ti contribute:   11 x 160,000 credits = 1,760,000

so the new total credits = 23230536 + 1760000 = 24990536

Your portion is 1760000/ 24990536 =0.07

Your total MEDIC reward is 0.07 *2000 = 140 Medic  which is about 140 x $0.16 = $22.4 a day



How much would I earn on 3/2/2018 if I have 1 1080 Ti card?

Assumption:  You are asking for today 3/2/18 earning.  Earning tomorrow will be different
Assumption:  1 1080 Ti card gives you 952,500 from https://foldingforum.org/viewtopic.php?f=38&t=30256

Solve for

The first thing to find out is the total credits for team 234020 on 3/2/2018 from http://oracledoc.com .  It shows the total credits = 23230536

Second find out how many credits does your card 1080 Ti gives you:  952,500  according to the assumption above

so the new total credits = 23230536 + 952,500  = 24183036

Your portion is 952500  / 24183036 =0.039

Your total MEDIC reward is 0.039 *2000 = 78 Medic  which is about 78 x $0.16 = $12.48 a day for your 1080Ti on 3/2/18

So the earning of $12.48 a day for one 1080 Ti on 3/2/18 is for you to judge.

We are updating our website and instructions.  We also have live support in our Discord channel to help you with your folding at home project.  The Discord channel is https://discord.gg/EX2hBzY

Thank you for letting us know.  We will fix the website.

Well, not really.

The one guy who had a 1080 Ti folding that day made $90.

If you had been mining with yours, you'd have made maybe 60?.

And with a full rig? A tiny bit more.







Now, if we could speak about folding right now (setting up the cards as well aw fah client), that would be sweet...

Well if you follow the Curecoin logic (which I admit I never quite understood), the more folding power, the more valuable the coin should be.  The Curecoin people would also come unglued if another project suddenly started merged folding with fldc.  Its been awhile since I've checked prices but I seem to remember at some people last year the fldc earnings were more than the cure earnings.  I admit the original title was a little bombastic but I think OP's heart is in the right place.  Curecoin has languished for years and their dev is the top folder.  Not to say that Medic Coin is better or worse, but nice to see an alternative at least.

p.s.  I think its ironic that another folding coin suffers from the same exact problem as curecoin;  A shitty website and confusing pool instructions!

And if even ONE big folder starts hitting up your coin, your profitability will drop to near nothing.

Less than 4 million PPD is not a big folder, I was pulling more like 20 million the last month I folded, and I've added quite a few Nvidia GPUs since then.
Last time I checked the top folder was pulling over 70 million PPD.

I count it as poor design that you force folks to fold on your team - that destroys any possibility of merge folding with CureCoin (conflicting team requirements) or FoldingCoin (conflicting coin address requirements).

The Medic Coin website needs to be updated.  I checked this out when you posted it originally and figured this was a scam simply because of this

"Medic Coin utilizes both scrypt and CPU/GPU mining with proof of work, proof of stake, and masternodes. In the beginning, you can use your ASIC miners, GPU, or CPU to mine Medic Coin. Then Folding@Home project starts on June of 2018."



Also on the pool, I assume credit score = folding points?

сколько я буду получать с 11 карт 1050 ti?

You can become a Medic Coin masternode with 199,999 medic coin.  The masternode instructions on google search https://cryptomat.com/setup-medic-coin-masternode-vps/

Yeah I was doing Foldining Coin for a while until Cryto become more profitable. For a few months back in June / July I was getting $500 a card per month. Than everyone else realized Folding made better money and the coins dried up :/

Edit: I backed off. Only gonna put one rig on this project until this dries up also.

Edit 2: How can I become a masternode, any tutorial on this? I got a Dual Xeon laying around as a file server that can be used.

If you do that then it is good for the scientists at Stanford University.  They will say thank you.  The maximum you can earn daily is $326 ( 2000 Medic Coin).  

As you can see the payouts on https://oracledoc.com, you are going to earn a portion of 2000 Medic Coins

NAME                                                      CREDIT SCORE   RATIO         PAYOUT IN MEDIC     
MKBBsk5nkX5FxmgcbLhTG7RAe6aV2eobfY   6827123   0.33048754   660.98
MHtKaeJsAgFwwzH8w34XvH7jQ3P73eSxPw   4178629   0.20227918   404.56
MT4QDnVaHbvY8tEnUDR8tu4pUhVTMXM1Ti   1530207   0.07407430   148.15
MBAmF3CHmCggav7mFfyr3HvhLY2PwLeanC   1183269   0.05727971   114.56
MD5nm8eBamg6gGztzf33PJryL76WegYeUJ   1112154   0.05383718   107.67
MVMGTWrMnpMA8v9fuamzcnAHQTmS6sPfE6   830433   0.04019962   80.40
MNAxKgVTWJKyKSK6y1b9rAJ8TaMpL96JRU   673598   0.03260755   65.22
MHuQVJmcd96jpmgFhs9D69RjHyme2vDRqm   574156   0.02779376   55.59
MAb8WFtVyJ1m9CovupyuMdGiUGTgjVe4tG   446116   0.02159559   43.19
MPN3ydHrwa1yTZrPKnTrfUtFnxtMCHK7sf   391060   0.01893044   37.86
MNMC91jZ7G1b4gaeDY8vk9HUMYccqmAKza   359085   0.01738260   34.77
MNBaQTXGqnDBkUrLU9dRR9E43YTV97rgcp   347133   0.01680402   33.61
MSkcgKsD2XvnjSFugyngYUwib1r8wD4GvG   308425   0.01493025   29.86
MNpDrcUNgsUrExTwB47BbMqH4nTZKNtvzk   238669   0.01155349   23.11
M7yMrcJrbfwuRCUguME55YxPfqW8nVnShn   233366   0.01129679   22.59
MNHbJ11iq62PfjKEm1tZa8rQAaHgaNGc1M   222940   0.01079209   21.58
MK7AZtVrk7YB3dC1DmvuN14AKw5Ut1b2qu   213735   0.01034649   20.69
M9GLCC96H7Gm4eEMropgt7KVAcevvwRVLU   191769   0.00928316   18.57
M8d8KkrVuc7oUeXYuSwaK1kSJyxiuiRaKY   167211   0.00809435   16.19
MHdDP6kk6crUATepYHyZAaoazqnE4ZV2Hy   130253   0.00630529   12.61
MGw244yh4QdVAy7NGkk84YFUgNzdkCgNfa   129902   0.00628830   12.58
MGiPgdTHLkEbieonirNeU4SH1rG7io1Ft4   91490   0.00442885   8.86
MPXxrmqZo61AxVFu4N3GBD92Ctbxs6koWY   77635   0.00375816   7.52
MCMXo7ANMe1UdeZ44G6n8ut2UsEWmpXaMt   49519   0.00239712   4.79
MRJijbi3qs3BwNFQf64sXx2qbtUJrsssG5   40840   0.00197698   3.95
MHPVsBBMLSZVk3G2L5gHo591Srd54FCLHf   36523   0.00176801   3.54
MCVLp5oYbjBLGrnmmWQJWSfRcbMXH2k62w   16736   0.00081016   1.62
MUoEbp2grJ9oKuu4oGyuefM8wHNZDS6xbN   10600   0.00051313   1.03
MLHNNoFz957ZXi55dWkSjqDhFBpMqxGSCX   9328   0.00045155   0.90
MDuqu3hfDeNfj7zykmWWeG76bMwQJqZdkN   6707   0.00032467   0.65
MUu6iBUrLxrLzhuwYD9pj921jxGwPYT78d   5000   0.00024204   0.48
M9oqdp5RUPPEb4er3RqqySoWMoSeFjdAWh   5000   0.00024204   0.48
MFBPNMFTcKkFYj3NVFrs3oqu99XMLy8vMG   3875   0.00018758   0.38
MVmTWW7kP9aygxHHVxj6GVXnxfQCfNeRTN   2625   0.00012707   0.25
Anonymous   2625   0.00012707   0.25
MHZ9swUhpkEB8W6zKs77WkH4V2QskvX1WP   2500   0.00012102   0.24
MXCMqZzxwJfon75GkMTHgwK7KdpnxuEJh1   2000   0.00009682   0.19
MR6EFcnw8UyzXccoC3gDYCfFsUAW1m4LN7   1125   0.00005446   0.11
MHQqznFxSigjKLxunKmYYVhnMYUk2BWgGf   1125   0.00005446   0.11
M8TrW4A53xDzaDBMWCFpLin2raHDE2E6ge   1039   0.00005030   0.10
MQkDb4bdFZgstaCVa62CHE8zRNuQ98Vhs2   625   0.00003026   0.06
MHdsQjYjCGmKAYeoNE49uasdKEtKVXRwcS   375   0.00001815   0.04
MUo9EA5BakEbwp8BkqMb57MFN9oJZT9unm   375   0.00001815   0.04
MBSbHNyzYkpeWvbLTYNzU2mL73jha2mbUh   250   0.00001210   0.02
MKZHezmWWp5ZvQJTmkRCoUrDUCGpneyvKB   207   0.00001002   0.02
MSUvT5Y9kFHgowdfTnEukGeLkYCSJU2B9V   125   0.00000605   0.01
MUWAGbAgwkeJU6nesUsem5cmmRQFqqiKUd   125   0.00000605   0.01
MGbGaUyfbvD5CWUCggrmrqEasNDxJwZR9F   125   0.00000605   0.01
MEqyPpznyMRLfHbvUEyiuihDJeZLWyzpjr   0   0.00000000   0.00
qBotMQLGe5FvtpNnDGWMm99mXgAqmdorJB9uyS   

I feel like messing with this coin and put a good 30 1080Tis on this.  

Edit: Gotta ask the wife if she wants to give up mining for MEDcoins 

That was three days ago.  It is impossible to get $540 a day since the maximum payout is $326 a day.  You can only get a portion of the $326.  For example, if your 6 1080 Ti gives you 10% of the computational credits of the pool then 10% of $326 which equals to $32.6

You can join our FAH on Discord https://discord.gg/EX2hBzY

I put 6 1080Ti on this. Lets see that $540 a day role in........

How do we process earnings
We send out payments to your Medic Coin address that you input in the Folding@Home browser.  Payments are sent out everyday.  You can check your folding status by going to http://folding.stanford.edu/stats/team/234020 and also https://oracledoc.com and search for your Medic Coin address.

We allocated 2000 Medic Coins each day to be divided among the donors.  To calculate the amount of Medic Coins earned, you do the following maths:

 (Your Credits / Team's Total Credits) * 2000 Medic Coin.  For example, your credit is 1000 and the team's total credit is 10,000.  You apply the formula (1,000/ 10,000) * 2000 = 200 Medic Coins.  Congratulations !  You just earned 200 Medic Coins.

You can find the above information at https://mediccoin.com/foldinghome/

There is nothing to change.  If you had mined with FAH team 234020 with your 1080Ti on 2/28.18 you should earn $90 a day.  That is the fact.  I told people to check out https://oracledoc.com to see the payouts and decide.  It is transparent that we pay out 2000 medic coin a day (at the current market price it is equivalent to $326 a day) and how much you earn depends on your portion of the pool.  For example, if your computational power is 5% of the pool then you take 5% of $326 = $16 a day.  If your computational power is 1% then 1% of $326 = $3.26 a day.

Again, at the time of this post Medic Coin is at 0.00001499 which is 16 cents (according to stocks.exchange).  So if you are reading this three days later and the price changes, we are not at fault because cryptocurrency is volatile and risky.