Gridcoin (GRC) - first coin utilizing BOINC - Official Thread - page 65.

traderman

legendary

Activity: 1260

Merit: 1001

Congrats on your first "Research Age" block!

Quote from: berron on November 02, 2015, 01:06:15 PM

For all the beginners with magnitude problems, this post in reddit helped me a lot:
https://www.reddit.com/r/gridcoin/comments/353v3w/newbie_must_read_how_to_pick_the_right_boinc/

And talking about time until mint a block, I have messages similar to those of cyberspacemonkey, with estimated reward time between 30 & 60 days. Yesterday I got a block and was awarded with +600 GRC (mag of about 200), when only about 2 weeks have passed from Research Age installation. On the other hand, I´m Boincing with my wallet opened 24 hours per day.

Salute

berron

hero member

Activity: 727

Merit: 501

For all the beginners with magnitude problems, this post in reddit helped me a lot:
https://www.reddit.com/r/gridcoin/comments/353v3w/newbie_must_read_how_to_pick_the_right_boinc/

And talking about time until mint a block, I have messages similar to those of cyberspacemonkey, with estimated reward time between 30 & 60 days. Yesterday I got a block and was awarded with +600 GRC (mag of about 200), when only about 2 weeks have passed from Research Age installation. On the other hand, I´m Boincing with my wallet opened 24 hours per day.

Salute

spassbold

full member

Activity: 131

Merit: 100

Quote from: ?? on ??

Quote from: cyberspacemonkey on October 31, 2015, 09:57:39 PM

Hey traderman I just found out that payout timeframe limit got changed from 14 days to 6 months Huh

so that means I'm going to have to wait months to get paid? my POS says interest won't be paid until 130 days and DPOR says 23 hours so is there any way to calculate how long it will take to receive payout?

Just so you know Cyberspacemonkey, I'm seeing exactly what you're seeing too. So I've also been benefiting from the answers to your questions.

I started on Oct 25
My balance is under 200 coins (only what I've been able to get from faucets, I have not been paid for work yet)

My Total Credit is currently at: 279,565
My Recent Average Credit is currently at: 20,467.39
My Magnitude is now showing: 30.00

Estimated time to earn next reward: 288 days
Estimated time to earn POR reward: 23 hours (has said that for about a week now too)

So you're not alone. Seems like this is just how it works.

yes sometimes you need to wait quite some time for the first payout.

But there is a pool in work that will fix most of that.

Thing is.... you still need to wait a little bit for that as it's in development. Wink

cyberspacemonkey

legendary

Activity: 1288

Merit: 1002

Quote from: traderman on November 01, 2015, 08:59:55 AM

Cyberspacemonkey,

The 6 month period means that you will get paid for all boinc works done, before the period was only 14 days, so if you didn't stake a block within 14 days you would loose out. With the 6 month period you get paid for all boinc work!!! The estimate for staking on the wallet is a very very rough figure, which is very wrong most of the time. If you want regular payments, you will have to either increase your balance to get more interest blocks, or increase your magnitude by doing more Boinc work.

Join the IRC chat. There are a lot of people on there that can answer just about any question you have.

Quote from: cyberspacemonkey on October 31, 2015, 09:57:39 PM

Hey traderman I just found out that payout timeframe limit got changed from 14 days to 6 months Huh

so that means I'm going to have to wait months to get paid? my POS says interest won't be paid until 130 days and DPOR says 23 hours so is there any way to calculate how long it will take to receive payout?

Ok now I understand, thanks for clarifying. I have 2000 GR and 155 Magnitude, it's been 10 days I'm still waiting for a payment btw lol Cheesy

anderson705

full member

Activity: 233

Merit: 100

Quote from: traderman on November 01, 2015, 01:31:20 PM

Try these:

addnode=node.gridcoin.us
addnode=91.41.255.102
addnode=gridcoin.asia
addnode=gridcoin.duckdns.org
addnode=gridcoin.coleman-it.com

Quote from: anderson705 on November 01, 2015, 12:51:20 PM

hello there, you guy have any add node? got no active connections. stuck at 361800 after upgrade

any more nodes, sometime connected sometime dont

traderman

legendary

Activity: 1260

Merit: 1001

Try these:

addnode=node.gridcoin.us
addnode=91.41.255.102
addnode=gridcoin.asia
addnode=gridcoin.duckdns.org
addnode=gridcoin.coleman-it.com

Quote from: anderson705 on November 01, 2015, 12:51:20 PM

hello there, you guy have any add node? got no active connections. stuck at 361800 after upgrade

anderson705

full member

Activity: 233

Merit: 100

hello there, you guy have any add node? got no active connections. stuck at 361800 after upgrade

ndrog

full member

Activity: 211

Merit: 100

I have high hopes for this project, like everybody else in here. Can't wait for my PiGrid to arrive in the mail and to keep this growing influx of new adopters/users in the ecosystem

Magnum-X

newbie

Activity: 54

Merit: 0

Quote from: meyer on October 30, 2015, 11:27:24 AM

Quote from: traderman on October 30, 2015, 08:36:54 AM

The #PiGrid kickstarter is up to $8,823 with 33 hours to go. Another $123 needed and this bad-boy is 100% funded!

https://www.kickstarter.com/projects/1014152641/pigrid-get-rewarded-for-helping-research-projects/comments

Good campaign. I bought my share. :-)

Great startup for a new currency support program~!

traderman

legendary

Activity: 1260

Merit: 1001

Atlas is probably a much better choice for you. Test it out and see what kind of magnitude you get.

Quote from: ?? on ??

Quote from: traderman on November 01, 2015, 10:14:47 AM

You will get your POR block eventually, but it may take some time with a magnitude of 30, which is very low. Milkyway@home is a very competitive project and you will need a lot of graphics cards to get your magnitude up. My advice would be to pick a less competitive project.

Quote from: ?? on ??

Quote from: traderman on November 01, 2015, 09:29:33 AM

Yep, 200 coin balance and a magnitude of 30 is gonna take some time! If you guys wanna see what other people are earning with their magnitudes I urge you to take a look at the statistics here: http://www.gridresearchcorp.com/gridcoin/?result&t=Whitelisted_Project_Leaderboard

Also please read this on how to pick the right boinc project for your hardware: https://cryptocointalk.com/topic/38205-newbie-must-read-how-to-pick-the-right-boinc-project-for-your-hardware/

Quote from: ?? on ??

Quote from: cyberspacemonkey on October 31, 2015, 09:57:39 PM

Hey traderman I just found out that payout timeframe limit got changed from 14 days to 6 months Huh

so that means I'm going to have to wait months to get paid? my POS says interest won't be paid until 130 days and DPOR says 23 hours so is there any way to calculate how long it will take to receive payout?

Just so you know Cyberspacemonkey, I'm seeing exactly what you're seeing too. So I've also been benefiting from the answers to your questions.

I started on Oct 25
My balance is under 200 coins (only what I've been able to get from faucets, I have not been paid for work yet)

My Total Credit is currently at: 279,565
My Recent Average Credit is currently at: 20,467.39
My Magnitude is now showing: 30.00

Estimated time to earn next reward: 288 days
Estimated time to earn POR reward: 23 hours (has said that for about a week now too)

So you're not alone. Seems like this is just how it works.

I picked the 3D MilkyWay@Home project to go along with my ASUS video card.

I was hoping to get a POR payment to improve my balance for POS, but I have no idea what the POR amount will be, or when.

I read though your NEWBIE post and have suspended the MilkyWay project and added ATLAS. I only have one video card, so I guess I should stick with CPU projects. Seemed like ATLAS had the lowest competition, if I'm reading the list right.

Thanks for the help!

traderman

legendary

Activity: 1260

Merit: 1001

You will get your POR block eventually, but it may take some time with a magnitude of 30, which is very low. Milkyway@home is a very competitive project and you will need a lot of graphics cards to get your magnitude up. My advice would be to pick a less competitive project.

Quote from: ?? on ??

Quote from: traderman on November 01, 2015, 09:29:33 AM

Yep, 200 coin balance and a magnitude of 30 is gonna take some time! If you guys wanna see what other people are earning with their magnitudes I urge you to take a look at the statistics here: http://www.gridresearchcorp.com/gridcoin/?result&t=Whitelisted_Project_Leaderboard

Also please read this on how to pick the right boinc project for your hardware: https://cryptocointalk.com/topic/38205-newbie-must-read-how-to-pick-the-right-boinc-project-for-your-hardware/

Quote from: ?? on ??

Quote from: cyberspacemonkey on October 31, 2015, 09:57:39 PM

Hey traderman I just found out that payout timeframe limit got changed from 14 days to 6 months Huh

so that means I'm going to have to wait months to get paid? my POS says interest won't be paid until 130 days and DPOR says 23 hours so is there any way to calculate how long it will take to receive payout?

Just so you know Cyberspacemonkey, I'm seeing exactly what you're seeing too. So I've also been benefiting from the answers to your questions.

I started on Oct 25
My balance is under 200 coins (only what I've been able to get from faucets, I have not been paid for work yet)

My Total Credit is currently at: 279,565
My Recent Average Credit is currently at: 20,467.39
My Magnitude is now showing: 30.00

Estimated time to earn next reward: 288 days
Estimated time to earn POR reward: 23 hours (has said that for about a week now too)

So you're not alone. Seems like this is just how it works.

I picked the 3D MilkyWay@Home project to go along with my ASUS video card.

I was hoping to get a POR payment to improve my balance for POS, but I have no idea what the POR amount will be, or when.

traderman

legendary

Activity: 1260

Merit: 1001

Yep, 200 coin balance and a magnitude of 30 is gonna take some time! If you guys wanna see what other people are earning with their magnitudes I urge you to take a look at the statistics here: http://www.gridresearchcorp.com/gridcoin/?result&t=Whitelisted_Project_Leaderboard

Also please read this on how to pick the right boinc project for your hardware: https://cryptocointalk.com/topic/38205-newbie-must-read-how-to-pick-the-right-boinc-project-for-your-hardware/

Quote from: ?? on ??

Quote from: cyberspacemonkey on October 31, 2015, 09:57:39 PM

Hey traderman I just found out that payout timeframe limit got changed from 14 days to 6 months Huh

so that means I'm going to have to wait months to get paid? my POS says interest won't be paid until 130 days and DPOR says 23 hours so is there any way to calculate how long it will take to receive payout?

Just so you know Cyberspacemonkey, I'm seeing exactly what you're seeing too. So I've also been benefiting from the answers to your questions.

I started on Oct 25
My balance is under 200 coins (only what I've been able to get from faucets, I have not been paid for work yet)

My Total Credit is currently at: 279,565
My Recent Average Credit is currently at: 20,467.39
My Magnitude is now showing: 30.00

Estimated time to earn next reward: 288 days
Estimated time to earn POR reward: 23 hours (has said that for about a week now too)

So you're not alone. Seems like this is just how it works.

traderman

legendary

Activity: 1260

Merit: 1001

Cyberspacemonkey,

The 6 month period means that you will get paid for all boinc works done, before the period was only 14 days, so if you didn't stake a block within 14 days you would loose out. With the 6 month period you get paid for all boinc work!!! The estimate for staking on the wallet is a very very rough figure, which is very wrong most of the time. If you want regular payments, you will have to either increase your balance to get more interest blocks, or increase your magnitude by doing more Boinc work.

Join the IRC chat. There are a lot of people on there that can answer just about any question you have.

Quote from: cyberspacemonkey on October 31, 2015, 09:57:39 PM

Hey traderman I just found out that payout timeframe limit got changed from 14 days to 6 months Huh

so that means I'm going to have to wait months to get paid? my POS says interest won't be paid until 130 days and DPOR says 23 hours so is there any way to calculate how long it will take to receive payout?

spassbold

full member

Activity: 131

Merit: 100

Quote from: cyberspacemonkey on October 31, 2015, 09:57:39 PM

Hey traderman I just found out that payout timeframe limit got changed from 14 days to 6 months Huh

so that means I'm going to have to wait months to get paid? my POS says interest won't be paid until 130 days and DPOR says 23 hours so is there any way to calculate how long it will take to receive payout?

No this won't influence the time needed until you get your reward.

Only that now the timeframe in which you need to be paid to not lose any payments becomes much bigger.

In regards to waiting very long to get your rewards, there will soon be a pool that will enable much more regular payment of rewards.

cyberspacemonkey

legendary

Activity: 1288

Merit: 1002

Hey traderman I just found out that payout timeframe limit got changed from 14 days to 6 months Huh

so that means I'm going to have to wait months to get paid? my POS says interest won't be paid until 130 days and DPOR says 23 hours so is there any way to calculate how long it will take to receive payout?

traderman

legendary

Activity: 1260

Merit: 1001

The cryptocointalk one!

Quote from: ndrog on October 31, 2015, 11:36:07 AM

Quote from: traderman on October 31, 2015, 11:32:48 AM

Holytransaction has added Gridcoin already and I would imagine that other merchants are probably going to add GRC in the future. Most of the discussion takes place here: https://cryptocointalk.com/forum/464-gridcoin-grc/ also check out the IRC chat: https://kiwiirc.com/client/irc.freenode.net:6667/#gridcoin

Quote from: ndrog on October 31, 2015, 11:27:17 AM

Quote from: traderman on October 31, 2015, 11:19:45 AM

That will take quite a bit of time, but the major updated was Research Age. And Gridcoin is no longer a Scrypt coin.

Quote from: ndrog on October 31, 2015, 09:39:25 AM

I was dabbling with this coin in the past, due to its concept. Can you guys sum up the huge spike in market cap? Did I miss something?
Thanx

I have been doing some research the past hour about the updates taking place and have also backed the project on Kickstarter

. This has to be one of a few crypto's that has a long term future & noble cause. What about on the financial side of the coin, what are the plans regarding merchants and everyday banking etc?

Thank you will visit links. Which forum is the most active regarding news and discussion?

ndrog

full member

Activity: 211

Merit: 100

Quote from: traderman on October 31, 2015, 11:32:48 AM

Holytransaction has added Gridcoin already and I would imagine that other merchants are probably going to add GRC in the future. Most of the discussion takes place here: https://cryptocointalk.com/forum/464-gridcoin-grc/ also check out the IRC chat: https://kiwiirc.com/client/irc.freenode.net:6667/#gridcoin

Quote from: ndrog on October 31, 2015, 11:27:17 AM

Quote from: traderman on October 31, 2015, 11:19:45 AM

That will take quite a bit of time, but the major updated was Research Age. And Gridcoin is no longer a Scrypt coin.

Quote from: ndrog on October 31, 2015, 09:39:25 AM

I was dabbling with this coin in the past, due to its concept. Can you guys sum up the huge spike in market cap? Did I miss something?
Thanx

I have been doing some research the past hour about the updates taking place and have also backed the project on Kickstarter

. This has to be one of a few crypto's that has a long term future & noble cause. What about on the financial side of the coin, what are the plans regarding merchants and everyday banking etc?

Thank you will visit links. Which forum is the most active regarding news and discussion?

traderman

legendary

Activity: 1260

Merit: 1001

Holytransaction has added Gridcoin already and I would imagine that other merchants are probably going to add GRC in the future. Most of the discussion takes place here: https://cryptocointalk.com/forum/464-gridcoin-grc/ also check out the IRC chat: https://kiwiirc.com/client/irc.freenode.net:6667/#gridcoin

Quote from: ndrog on October 31, 2015, 11:27:17 AM

Quote from: traderman on October 31, 2015, 11:19:45 AM

That will take quite a bit of time, but the major updated was Research Age. And Gridcoin is no longer a Scrypt coin.

Quote from: ndrog on October 31, 2015, 09:39:25 AM

I was dabbling with this coin in the past, due to its concept. Can you guys sum up the huge spike in market cap? Did I miss something?
Thanx

I have been doing some research the past hour about the updates taking place and have also backed the project on Kickstarter

. This has to be one of a few crypto's that has a long term future & noble cause. What about on the financial side of the coin, what are the plans regarding merchants and everyday banking etc?

ndrog

full member

Activity: 211

Merit: 100

Quote from: traderman on October 31, 2015, 11:19:45 AM

That will take quite a bit of time, but the major updated was Research Age. And Gridcoin is no longer a Scrypt coin.

Quote from: ndrog on October 31, 2015, 09:39:25 AM

I was dabbling with this coin in the past, due to its concept. Can you guys sum up the huge spike in market cap? Did I miss something?
Thanx

I have been doing some research the past hour about the updates taking place and have also backed the project on Kickstarter

. This has to be one of a few crypto's that has a long term future & noble cause. What about on the financial side of the coin, what are the plans regarding merchants and everyday banking etc?

traderman

legendary

Activity: 1260

Merit: 1001

That will take quite a bit of time, but the major updated was Research Age. And Gridcoin is no longer a Scrypt coin.

Quote from: ndrog on October 31, 2015, 09:39:25 AM

I was dabbling with this coin in the past, due to its concept. Can you guys sum up the huge spike in market cap? Did I miss something?
Thanx

Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread - page 65. (Read 597505 times)