IRC logs of #boinc for Thursday, 2016-03-17

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06:03 <CoderForLife> &wx Grapevine TX

06:03 <Romulus> CoderForLife: Temperature: 60.4F / 15.8C | Humidity: 43% | Pressure: 29.90in / 1012hPa (Rising) | Conditions: Light Thunderstorms and Rain | Wind Direction: NNW | Wind Speed: 3.7mph / 6.0km/h ; Today - Mostly cloudy with a 30 percent chance of showers and thunderstorms. Cooler. Highs in the upper 60s. East winds 10 to 15 mph decreasing to 5 to 10 mph in the afternoon.; Tonight - Mostly cloudy with (1 more message)

06:04 <CoderForLife> &more

06:04 <Romulus> CoderForLife: a 40 percent chance of showers and thunderstorms. Lows in the mid 50s. East winds around 5 mph.; Friday - Mostly cloudy with a 50 percent chance of showers and thunderstorms. Highs in the mid 60s. Northeast winds around 5 mph becoming north 10 to 15 mph in the afternoon.; Severe Thunderstorm Warning for Tarrant County in effect until 5:30 AM CDT on March 17, 2016;

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12:08 <desti> http://finance.yahoo.com/news/ula-shied-away-price-war-spacex-ula-executive-021345489--sector.html

12:08 <Romulus> Title: ULA exec resigns after saying firm shied away from price war with SpaceX (at finance.yahoo.com)

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17:25 <bitm0nkey> Please join us over at #gridcoin get compensation in gridcoin (GRC) for your contributions to science :)

17:27 <nicolas17> bitm0nkey: I looked at that years ago and still can't figure out how it can possibly work safely

17:27 <bitm0nkey> safely?

17:28 <bitm0nkey> what is your concern?

17:28 <nicolas17> it seemed trivial to trick the gridcoin client into thinking you did more computation than you actually did... BOINC is not a proof of work

17:28 <bitm0nkey> ah well that issue has long been fixed

17:28 <bitm0nkey> there is a lot of active development going on

17:28 <nicolas17> how?

17:28 <Romulus> Somebody said how is it gooing guys, nicolas17

17:29 <nicolas17> bitcoin's hashing is fundamentally designed to work as a PoW

17:30 <bitm0nkey> there are calculations based on the amount of your RAC and this is calculated against both the total user credits for a given project and the projects and that projects total team RAC

17:30 <bitm0nkey> this gives you a magnitude value

17:30 <nicolas17> is there a fixed list of "approved projects"?

17:30 <bitm0nkey> which determines how much you will earn

17:30 <bitm0nkey> yes there is a whitelist at gridcoin.us

17:30 <bitm0nkey> you have to sign up for team gridcoin

17:30 <bitm0nkey> and everything is completely transparent

17:31 <bitm0nkey> feel free to head over to #gridcoin and ask away, the community is extremely helpful

17:33 <nicolas17> I'm involved in way too many things already :x

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18:05 <bitm0nkey> really all you have to do is install the wallet and the rest is done for you

18:07 <bitm0nkey> I've already earned about $200 in a few months and I rest easy knowing that my cpu time is benefitting humanity instead of just heating up the room as it would if I were just mining bitcoin or litecoin or pretty much any other cryptocurrency

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19:03 <nicolas17> bitm0nkey: I do neither

19:03 <nicolas17> I only have a laptop atm, so the less things using CPU the better

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22:31 <bitm0nkey> nicolas17 you can set it to only run when you are not using the pc

22:31 <bitm0nkey> actually thats how it works by default

22:31 <nicolas17> so that I come back and it overheated? :P

22:31 <bitm0nkey> oh noi

22:31 <bitm0nkey> voltage limiter

22:32 <bitm0nkey> you running windows or linux?

22:32 <bitm0nkey> because you should never have that issue

22:32 <bitm0nkey> check your bios settings

22:32 <nicolas17> Linux, and I have contributed to the BOINC source code since I was 15, I know I don't want to run it on the laptop

22:32 <nicolas17> I'll wait till I fix my PC

22:32 <bitm0nkey> you should be able to find a setting that will protect your temps

22:33 <bitm0nkey> just saying, if you are running boinc you might as well get compensated for it

22:33 <bitm0nkey> plus there is always the free aws cloud tier

22:33 <bitm0nkey> 1 free year

22:33 <bitm0nkey> I host my gridcoin wallet there

22:33 <nicolas17> I'm considering getting into AWS, it's not cheaper than alternatives but it's more flexible

22:34 <bitm0nkey> yea google cloud services aint bad, you can get $300 credit without any charges

22:34 <bitm0nkey> runs you a decent setup for about 3 months

22:35 <nicolas17> like this one time I needed to do a 3-hour thing that used 8GB of RAM, I booted up a VPS on DigitalOcean, but if I get 8GB of RAM I also get 80GB of disk, which I did not need

22:35 <nicolas17> in AWS I can adjust RAM and disk separately

22:36 <bitm0nkey> yes

22:36 <bitm0nkey> there are multiple options

22:36 <nicolas17> also DigitalOcean charges you even while the VPS is turned off (!)

22:36 <bitm0nkey> so does google!

22:36 <bitm0nkey> I just found that out the hard way :*(

22:37 <nicolas17> pretty sure AWS doesn't

22:37 <bitm0nkey> correct

22:37 <bitm0nkey> AWS will actually give you a free year with a basic setup, its enough to host the gridcoin wallet and run a couple boinc processes headless of course

22:37 <nicolas17> "Am I charged while my Droplet is in a powered-off state?

22:37 <nicolas17> Yes. Your diskspace, CPU, RAM, and IP address are all reserved while your Droplet is powered off. If you want to save a Droplet for future use take a snapshot of it and then destroy it."

22:37 <bitm0nkey> well they do charge you a dollar

22:38 <bitm0nkey> for the year long trial

22:38 <bitm0nkey> AWS that is

22:38 <bitm0nkey> but the neat thing is you can run gridcoin wallet headless on AWS and it will automatically recognize any boinc setup you have as long as you use the boincstats account manager

22:39 <bitm0nkey> and have team gridcoin on all projects

22:39 <nicolas17> I regret forever not mining more bitcoins back in the day :(

22:39 <bitm0nkey> pretty neat, I have it running there and it never crashes and never needs to reboot

22:39 <bitm0nkey> oh dont we all

22:39 <nicolas17> I stopped because it wasn't profitable anymore... but I ignored the little detail that *the price would go up*

22:39 <zombie67> POV!

22:40 <nicolas17> hi zombie67

22:40 <zombie67> *the price **may** go up*

22:40 <zombie67> :D

22:40 <nicolas17> >50% of my bitcoins are stuck in the MtGox bankruptcy process though

22:40 <zombie67> long time.  How is life in Argentina?

22:41 <nicolas17> but considering how little effort it was to mine them, I'm not crying about it, easy come easy go :P

22:41 <zombie67> still into rendering?

22:41 <bitm0nkey> yea thats precisely why I'm sitting on the gridcoins

22:41 <bitm0nkey> just mining them with the hope that science prevails and we all get rich

22:42 <nicolas17> :P

22:42 <bitm0nkey> of course the more people involved the higher the price goes

22:42 <bitm0nkey> and the higher the market cap the less chance of dickheads taking advantage and doing the "pump & dump" scheme

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22:46 <Peppernrino> join gridcoin

22:47 <Peppernrino> i have BOINC'd for 3-4 years. getting paid with cryptocurrency seemed a natural progression.

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