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Author Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread  (Read 553637 times)
LegendaryMiner
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May 10, 2016, 06:32:28 AM
 #4681

Gridcoin represents a good cause,
Wishing the best for the project.

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May 27, 2016, 11:15:11 PM
 #4682

The coin and the cause are great. But why the low trading volume?
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May 28, 2016, 12:17:41 AM
 #4683

I guess people are too bizi with Ethereum, or all the other hyped-up coins!

The coin and the cause are great. But why the low trading volume?
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June 06, 2016, 12:53:47 PM
 #4684

I see the campaign going on atm..

How much would a Raspberry pie earn running 24 hours a day?

AltCommunity Coin [PoW][PoT][PoS 180%][Airdrops][Bounties]
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June 06, 2016, 02:15:34 PM
 #4685

Prob a few cents per day and current prices.

I see the campaign going on atm..

How much would a Raspberry pie earn running 24 hours a day?
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June 06, 2016, 05:49:03 PM
 #4686

Not trolling, but I'm trying to understand the monetization of this coin. I'm looking to make a big investment in GRC as I very much like that the energy expended serves a useful purpose, but I can't understand what drives the "value" of this coin. Is it just remittance with a side effect of PoW benefit? Or is there an intention to have projects "purchase/rent" CPU time on the network through some sort of portal (using the tokens/coins for the chain)? I understand there is a BOINC white list, and that is great, but is it still "free" like Seti@home? Clearly folks are willing to donate free cpu time historically to scientific projects, but beyond remittance I don't see what would drive value for this coin at that point. If remittance is your use case, there are a lot of other block chains with more momentum and visibility. Just trying to wrap my head around this project, sorry for all the questions.

Your Ad here! PM us now if you'd like to advertise here.
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June 06, 2016, 07:41:36 PM
 #4687

Well, the GRC dev, Rob, will be launching a hedge fund that uses results from the Gridcoin Finance Boinc project to put on options trades. Kind of like a machine learning options trading fund: https://cryptocointalk.com/topic/11357-gridcoin-finance-project/

People will be able to buy into the fund with GRC. At this post, it's all in the early stages so there isn't anything really definitive yet.

Not trolling, but I'm trying to understand the monetization of this coin. I'm looking to make a big investment in GRC as I very much like that the energy expended serves a useful purpose, but I can't understand what drives the "value" of this coin. Is it just remittance with a side effect of PoW benefit? Or is there an intention to have projects "purchase/rent" CPU time on the network through some sort of portal (using the tokens/coins for the chain)? I understand there is a BOINC white list, and that is great, but is it still "free" like Seti@home? Clearly folks are willing to donate free cpu time historically to scientific projects, but beyond remittance I don't see what would drive value for this coin at that point. If remittance is your use case, there are a lot of other block chains with more momentum and visibility. Just trying to wrap my head around this project, sorry for all the questions.
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June 11, 2016, 12:37:13 PM
 #4688

Seems I cannot start without some Gridcoin ( I get the message no reserve balance). Faucets seems not working most websites down and the only with working website doesn't send me anything. I have send the mail to et free grind but nothing happened

Here my address if someone can donate me some Gridcoin to start:
SDoZntH3Ybf37EZ7Mq8AVwn52C72hbDcn1

[url=https://bitcointalk.org/index.php?top
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June 12, 2016, 04:21:05 PM
 #4689


It will be a lot quicker to sync if you use the snapshot... http://download.gridcoin.us/download/downloadstake/signed/snapshot.zip provided on the official Gridcoin site.

Once download just extract to the appropriate directory and it should sync the remaining blocks relatively quickly.

Try this...

Why mine when you can research? - GRIDCOIN - REAL crypto without wasting hashes! www.gridcoin.us
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June 12, 2016, 04:29:48 PM
 #4690

And you could try to add more nodes to your gridcoinresearch.conf file.
That stabilised the connections of the wallet for me.

Here you can find a list of nodes: https://c-cex.com/?id=ws&shownodes=grc

Regards.

Why mine when you can research? - GRIDCOIN - REAL crypto without wasting hashes! www.gridcoin.us
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June 12, 2016, 04:35:22 PM
 #4691

I will send you a PM shortly...

edit: PM send

Why mine when you can research? - GRIDCOIN - REAL crypto without wasting hashes! www.gridcoin.us
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June 12, 2016, 07:30:44 PM
 #4692

New users can earn some GRC by commenting on certain blog posts: https://bitcointalk.org/index.php?topic=1504227.0
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June 13, 2016, 02:26:14 PM
 #4693

can provide any more help be greatly appreciated

What the Wallace doing now it's running a little better but about the same still goes from 15 connections down to zero back up again and then still stops on certain blocks if I restart the wallet it will download like a thousand blocks now before it stops
 
I did update the gridcoinresearch.conf

what it appears to me  not stable connections to the network

If you have any more ideas  I appreciate it

 my gridcoinresearch.conf  - email
 
 
Code:
cpumining=true
email=
addnode=node.gridcoin.us
addnode=gridcoin.asia
addnode=sepulcher.wha.la
addnode=grcmagnitude.com
addnode=nyc.grcnode.co.uk
addnode=frankfurt.grcnode.co.uk
addnode=london.grcnode.co.uk
addnode=amsterdam.grcnode.co.uk
addnode=sf.grcnode.co.uk
addnode=typh00n.net
addnode=grc.z9.de
addnode=gridcoin.fr
addnode=190.47.234.52:63790
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UpdatingLeaderboard=false
 

Rob the dev is currently working on an update to fix the syncing issue that sometimes still happens, I would wait until this is out and then give it another try!
spassbold
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June 13, 2016, 02:38:37 PM
 #4694

Not trolling, but I'm trying to understand the monetization of this coin. I'm looking to make a big investment in GRC as I very much like that the energy expended serves a useful purpose, but I can't understand what drives the "value" of this coin. Is it just remittance with a side effect of PoW benefit? Or is there an intention to have projects "purchase/rent" CPU time on the network through some sort of portal (using the tokens/coins for the chain)? I understand there is a BOINC white list, and that is great, but is it still "free" like Seti@home? Clearly folks are willing to donate free cpu time historically to scientific projects, but beyond remittance I don't see what would drive value for this coin at that point. If remittance is your use case, there are a lot of other block chains with more momentum and visibility. Just trying to wrap my head around this project, sorry for all the questions.

What you propose, commercial projects, that rent the computing power of the Gridcoin network, will be the end game of Gridcoin.

If this is achieved, each Gridcoin has an intrinsic value, the amount of computing power given to the useful/commercial project needed to create this coin.

The first project as mentioned by traderman is Gridcoin Finance, that uses the computing power of the Gridcoin network to run finance simulations to find the best options/combination of options to trade.

This is the project of the developer of Gridcoin himself, so this has very high priority.
spassbold
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June 13, 2016, 04:03:04 PM
 #4695

also check out the forum thread about Gridcoin Finance: https://cryptocointalk.com/topic/11357-gridcoin-finance-project/
(or the rest of the forum for Gridcoin itself)
Camus
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🌟  eSports ICO: 01/11/2017 🌟


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June 13, 2016, 04:26:39 PM
 #4696

Need more positive information about grc, then just praying for the next great coin

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djoser
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June 14, 2016, 10:33:36 AM
 #4697

Hey folks!

New wallet update is out! Version 3.5.6.7
Hopefully it will fix the syncing problems...

Greetings, djoser.

Why mine when you can research? - GRIDCOIN - REAL crypto without wasting hashes! www.gridcoin.us
Sharky444
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June 14, 2016, 10:35:23 AM
 #4698

Is this project still in development? Is there a beta wallet?

Radix - just imagine
traderman
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June 14, 2016, 01:11:10 PM
 #4699

It's been in development since the beginning and it's getting better with every release.

Is this project still in development? Is there a beta wallet?
Vortac
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June 14, 2016, 02:32:53 PM
 #4700

Is this project still in development? Is there a beta wallet?

Gridcoin Wallet for Windows:
http://download.gridcoin.us/download/downloadstake/GridcoinResearch.msi
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