![]() ![]() It is kinda sorta a crowd funding type thing, but not exactly. I’ve been mining for three weeks with a VM (given 8 vCPUs) with the Xeon D-1540 and so far have around 430 coins. Right now the only Boinc project that supports asic miners is Bitcoin Utopia, and it is being used as a way to fund projects, and other things, that need money and could shut down without an influx of cash. If you want to get started mining Gridcoin start out by following the directions on the Pool. I don’t see Gridcoin as being very profitable (monetarily) for miners-however, this is a fantastic idea and I hope we see more projects that reward miners for doing actual useful computing! You pick the projects based on the type of hardware you already have. Some projects are better suited for CPU, some for AMD GPUs, some for NVIDIA, Android devices, etc. Unlike Bitcoin which require specialized ASICS to mine efficiently, because there are a variety of BOINC projects they will most likely be better for general purpose computing hardware. Solving math problems ranging from computing primes to cracking Enigma messages researching cures for diseases like cancer and malaria and simulating protein folding astronomy projects researching asteroids, searching for pulsar stars, mapping the milky way and various other projects like monitoring wildlife. ![]() Miners can choose to work on a variety of projects. Gridcoin uses a DPOR (Distributed Proof of Research) mechanism to reward miners by paying out Gridcoin based on the work they do on approved BOINC projects. BOINC is a way for people to donate the idle time on their computer for various research or grid computing projects. Gridcoin mining actually pays miners to do useful computing by teaming up with BOINC (Berkeley Open Infrastructure for Network Computing). Some argue that this is wasting gigawatts of energy each day. There are high level languages to write algorithms for FPGAs. ![]() So your chip would only be valid for one project till the next update comes along. The algorithms run by boinc projects change all the time. It caught my eye because Bitcoins and most cryptocurrencies require miners to spend a lot of computing power mining hashes that aren’t really useful. A ASIC cannot be changed after building it. BM just kept asking for nci work (PoD style) & ignored the other projects/devices. Gridcoin helps with cancer and malaria research as well as studying astronomy and solving math problems. Not requesting tasks: don't need (CPU: not highest priority project Miner ASIC: not highest priority project NVIDIA GPU: not highest priority project) Had run out of Asic & GPU work and was about to run out of CPU work (only 2/7 logical cores being used). Campaign #9 ( The Woodward Effect) 6% (SHA-256 3.04 Thash/s Campaign #10 ( SRBase) 86% (SHA-256 6.18 Thash/s Campaign #11 ( Cryonics First Aid) 34% (SHA-256 4.A cryptocurrency that’s actually productive! I came across Gridcoin (Ticker: GRC) the other day.Campaign #7 ( RNA World) (starting in February/March 2015?).Campaign #6 ( BOINCstats webserver) Finished.Campaign #3 ( - Part 1) Finished ( - Part 2) 10% (SHA-256 7.24 Thash/s Campaign #4 ( The Economic Viability of Mars Colonization publishing in Bulgarian) 46% (SHA-256 1.4 Thash/s Campaign #5 ( Annual Fund Drive) Finished.( HopeGames – Values eMentoring Project - Part 2) Finished.Campaign #2 ( HopeGames – Values eMentoring Project - Part 1) Finished.Campaign #1 ( Aquaponics setup) Finished According to ASIC, 1, 709 construction companies entered administration between July 2022 and April 2023, up from 1, 284 in the same period 12 months earlier.Bitcoin Utopia is located in Jyväskylä, Finland. Total Point for Team has 7,226,947,771 Billion Points. ![]() Other Thread New Mining Team for BOINC Coin or (Indirect) money generating called But this Thread is about running on Bitcoin Utopia running ASIC Hardware under Team It was made to separate the Points out of in less than 90 Days Team has 51,495,736,720 Billion Points. It was Started by devlin85 so it is his Thread. Punchy, If you really want it moved then Please contact Afterburner Yes devlin85 sometimes adds "cryptocurrency and making a profit" Stuff in this Thread. In 2009 and the early 2010s, CPUs (Central Processing Units) were used for bitcoin mining resembling grid computing projects like those utilizing the BOINC. Punchy, It is not about "cryptocurrency and making a profit" Please review all 12 Pages of this Thread. Punchy Since this is all about cryptocurrency and making a profit, can you please move the discussion to the cryptocurrency section of the forum? ![]()
0 Comments
Leave a Reply. |