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Author Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread  (Read 573176 times)
burner2014
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October 21, 2014, 08:10:38 AM
 #3521

Is the new Gridcoin on any exchange already?
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October 21, 2014, 10:02:47 AM
 #3522

 Poloniex and C-CEX are exchanging automatically to GRC GRC while having GRC classic on those exchanges?

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October 21, 2014, 12:15:42 PM
 #3523

I think there are still a few kinks that are being worked on with the new POR wallet, once that is taken care of the exchanges will switch over!
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October 21, 2014, 08:13:33 PM
 #3524

Gridcoin just up 130% on c-cex. Placed 36th on coinmarketcap now!

Bitrated user: DrGrid.
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October 21, 2014, 08:22:16 PM
 #3525

First time million evaluation, let's see where we can get after cutoff Wink

31    Gridcoin Gridcoin    $ 1,018,337    $ 0.031005    32,844,078 GRC    $ 3,987    226.83 %    

Still waisting energy on Proof-of-Work? Use your Rigs for scientific progress!
Member of Gridcoin-Germany - http://uscore.net (en) - http://uscore.de (de) - http://gridcoin.us (ann)
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October 21, 2014, 08:56:57 PM
 #3526

In a few days the GRC classic will stop trading @ c-cex and poloniex. The new wallet will be put in place and after that GRC will be much harder to mine. So buy whatever you can now!

First time million evaluation, let's see where we can get after cutoff Wink

31    Gridcoin Gridcoin    $ 1,018,337    $ 0.031005    32,844,078 GRC    $ 3,987    226.83 %    

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October 21, 2014, 10:07:59 PM
 #3527

Hi guys! Only now i noticed all this BIG changes to GRC. Downloaded and installed new PoR wallet, but there is some mess (question marks everywhere). How can i fix this? I tried to change language in prefs - no effect. NWM, fixed it.


Also. I can't understand - if i have some amount of GRC on c-cex, is it necessarily to make all that "Burn" operations, or not?
Thank you!

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October 21, 2014, 10:33:36 PM
 #3528

Hi guys! Only now i noticed all this BIG changes to GRC. Downloaded and installed new PoR wallet, but there is some mess (question marks everywhere). How can i fix this? I tried to change language in prefs - no effect. NWM, fixed it.


Also. I can't understand - if i have some amount of GRC on c-cex, is it necessarily to make all that "Burn" operations, or not?
Thank you!

PoR doesn't work properly! I am using several machines to compute, and I've got no coins from it but the staking "time to reward" grows, now it's 1000 days. GPU computing doesn't work at all (I'm using the newest Ubuntu for testing it). A lot of things should be done before the opthymism on exchanges. The PoR is thought to be a stable way of earning or a short-term pump and dump?Huh I hope the first, that's why I say what I say.

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October 21, 2014, 11:39:12 PM
 #3529

You have 6 months to burn your GRC from classic to POR GRC. I suggest you do it soon so you can start staking because the reward and the interest rate drops on a monthly basis.

Hi guys! Only now i noticed all this BIG changes to GRC. Downloaded and installed new PoR wallet, but there is some mess (question marks everywhere). How can i fix this? I tried to change language in prefs - no effect. NWM, fixed it.


Also. I can't understand - if i have some amount of GRC on c-cex, is it necessarily to make all that "Burn" operations, or not?
Thank you!

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October 21, 2014, 11:42:10 PM
 #3530

There are people staking hundreds of thousands of coins and the difficlty for POR has gone up quite a bit over the past few days. You need a few thousand GRC at least!

The difficulty for POR GRC was bellow 1 yesterday and today it is already 2.5+ and it will probably go higher as more and more people stake even more.

Hi guys! Only now i noticed all this BIG changes to GRC. Downloaded and installed new PoR wallet, but there is some mess (question marks everywhere). How can i fix this? I tried to change language in prefs - no effect. NWM, fixed it.


Also. I can't understand - if i have some amount of GRC on c-cex, is it necessarily to make all that "Burn" operations, or not?
Thank you!

PoR doesn't work properly! I am using several machines to compute, and I've got no coins from it but the staking "time to reward" grows, now it's 1000 days. GPU computing doesn't work at all (I'm using the newest Ubuntu for testing it). A lot of things should be done before the opthymism on exchanges. The PoR is thought to be a stable way of earning or a short-term pump and dump?Huh I hope the first, that's why I say what I say.
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October 22, 2014, 12:13:08 AM
 #3531

One simple question.
Do I need to run wallet on every computer where is Boinc running?

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October 22, 2014, 12:32:05 AM
 #3532

No that is not necessary, you can run your wallet just on one pc!

One simple question.
Do I need to run wallet on every computer where is Boinc running?
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October 22, 2014, 12:53:04 AM
 #3533

Thank you, for quick reply.

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October 22, 2014, 02:34:18 AM
 #3534

Ty, traderman! As always - fast and detailed response Wink
As i can see, there are no GPU mining now (scrypt/SHA-256 etc. mining i mean). So no need to configure cgminer or anything like that, i'm right? (i can't access wiki, sorry)

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October 22, 2014, 03:37:06 AM
 #3535

Ty, traderman! As always - fast and detailed response Wink
As i can see, there are no GPU mining now (scrypt/SHA-256 etc. mining i mean). So no need to configure cgminer or anything like that, i'm right? (i can't access wiki, sorry)

That's correct, your minting POR reward will be based on your BOINC contribution with no other hashing!


 
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October 22, 2014, 05:06:16 AM
 #3536

Is there any Exchange for Gridcoin 2 ? Why isn't it again on Bittrex?

What is the progress here?
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October 22, 2014, 06:59:21 AM
 #3537

Is there any Exchange for Gridcoin 2 ? Why isn't it again on Bittrex?

What is the progress here?


Classic gridcoin will most likely retire by the end of this week. Polo, C-cex and Swisscex will al stop trading Gridcoin classic by then. The ticker will change to GRCX.
These exchanges will all add Gridcoinresearch as soon as the client is stable enough to be released to them. Right now Rob is still working on a few tweaks, latest estimate I have seen is Friday. Obviously the client has to be absolutely stable to be released.
When this happens we can start tweeting Bittrex some more and launch a campaign to get us added. I have been tweeting them regularly over the last weeks just to get our name to stick.

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October 22, 2014, 07:11:33 AM
 #3538

It becomes a typical PoS for old GRC users, not a fair PoR for those who make useful computations on boinc :/ Sad



There are people staking hundreds of thousands of coins and the difficlty for POR has gone up quite a bit over the past few days. You need a few thousand GRC at least!

The difficulty for POR GRC was bellow 1 yesterday and today it is already 2.5+ and it will probably go higher as more and more people stake even more.

Hi guys! Only now i noticed all this BIG changes to GRC. Downloaded and installed new PoR wallet, but there is some mess (question marks everywhere). How can i fix this? I tried to change language in prefs - no effect. NWM, fixed it.


Also. I can't understand - if i have some amount of GRC on c-cex, is it necessarily to make all that "Burn" operations, or not?
Thank you!

PoR doesn't work properly! I am using several machines to compute, and I've got no coins from it but the staking "time to reward" grows, now it's 1000 days. GPU computing doesn't work at all (I'm using the newest Ubuntu for testing it). A lot of things should be done before the opthymism on exchanges. The PoR is thought to be a stable way of earning or a short-term pump and dump?Huh I hope the first, that's why I say what I say.

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October 22, 2014, 07:38:44 AM
 #3539

There have been a lot of discussions on the fairness of the reward schedule. I see coins having a weeklong PoW phase before switching to PoS. That's what I would call unfair.
The reward in gridcoin will never drop below 50. If you haven't gotten in earlier, now is a great time to become involved since I think you are still early on in the game.

Have a look at the post discussing the final reward. I think it might change your perspective.

https://cryptocointalk.com/topic/18080-poll-gridcoin-research-post-may-2015-reward-subisdy-survey/

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October 22, 2014, 07:39:06 AM
 #3540

Gridcoin just up 130% on c-cex. Placed 36th on coinmarketcap now!

Great!

can't wait to see the price of the new gridcoin!

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