Self-founding projects?

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qwert

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Joined: 16 Jul 17
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Message 79633 - Posted: 16 Jul 2017, 18:06:35 UTC

Hi everyone,
I'm running a BOINC client on my pc since literally 2 days and I'm not completely aware of how it works yet, even if I studied IT and I'll for sure explore into it.
What I was asking myself is, shouldn't it be relatively easy and worthy for BOINC devs to give the chance to project owners to just send some (?) wu with the only purpose of mining bitcoins (or any other similar-working cryptocurrency) to self-found their project?
As far as I know, the concept of "pooled mining" exists and works, simply instead of splitting the revenues between who ran the clients they would go to the project's moneybox.

As I said already I don't really have a deep knowledge of what I'm talking about and what I'm suggesting may or may not have sense : I have no clue about how much cpu time produces how much currency and if it would be affordable to trade cpu time from any project to get cryptocurrencies.
Just wanted to ask and share my 2 cents

qwert

I totally have posted this in the wrong forum section but couldn't tell which one was the most appropriate, sorry!
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Message 79642 - Posted: 16 Jul 2017, 20:29:36 UTC - in response to Message 79633.  
Last modified: 20 Jul 2017, 21:05:33 UTC

Calculating cryptocurrency on a CPU is not worth the time or money spent on electricity.
The cost of electricity offset against mining Ethereum or Bitcoin with these GPUs has tipped over and made it very lucrative to mine these cryptocurrencies. That's why the big farms do it on the latest generation of GPUs - which is why at the moment it's almost impossible to find a new GPU, AMD or Nvidia. See this article for more on that.

As for the BOINC devs, that's you and me these days. BOINC is a user developed project, it's no longer three dedicated developers who do all. Instead BOINC is being developed by its users. So if you feel it's a worthy thing to figure out, you can do so.
If you just want to give it as an idea for someone else to figure out, that's also possible, but then post it as a new Issue on BOINC Github.

(edit: adding the link would be nice)
Jord
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qwert

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Message 79650 - Posted: 16 Jul 2017, 22:53:48 UTC - in response to Message 79642.  

Thanks for your answer, Ageless.
The article you wanted to link has the github URL aswell, but I kinda know what's going on with new GPUs right now so no problems, thank you anyway!

I didn't know BOINC was open sourced but I should have guessed it.
I followed your input and opened an issue on github, here is the link
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Message 79701 - Posted: 20 Jul 2017, 21:05:44 UTC

Fixed the article link.
Jord
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Message boards : BOINC client : Self-founding projects?

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