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Author Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread  (Read 576502 times)
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May 24, 2017, 02:33:20 PM
 #4901

Great article! Thank you  Smiley

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May 24, 2017, 03:30:49 PM
 #4902

Before i saw this i didnt realize how amazing this thing was: https://boinc.berkeley.edu/chart_list.php
We can actually use this network to find solutions to great problems. Just to name a few i found interresting:
 Cheesy
Collatz conjecture: Math problem
SETI@Home: search for Aliens!!!!
POEM@Home: Protein folding


Just wanted to share that


Lol if gridcoin found aliens it would be zoop right to $100.

That's kind of a low altitude observation.

Finding aliens, for most people, would decrease the significance of local currency i.e., the relative price of any currency would be less worth obsessing over.

But also worth noting that when you meet a super smart person, that person usually is very sure of extra terrestrial intelligence, even without formal data to prove it. Food before telescopes though  Cheesy
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May 24, 2017, 07:47:08 PM
 #4903

Before i saw this i didnt realize how amazing this thing was: https://boinc.berkeley.edu/chart_list.php
We can actually use this network to find solutions to great problems. Just to name a few i found interresting:
 Cheesy
Collatz conjecture: Math problem
SETI@Home: search for Aliens!!!!
POEM@Home: Protein folding


Just wanted to share that


Lol if gridcoin found aliens it would be zoop right to $100.

That's kind of a low altitude observation.

Finding aliens, for most people, would decrease the significance of local currency i.e., the relative price of any currency would be less worth obsessing over.

But also worth noting that when you meet a super smart person, that person usually is very sure of extra terrestrial intelligence, even without formal data to prove it. Food before telescopes though  Cheesy

Yeah but most probably 1000's of light years away and 100's of thousands for intelligent life and millions for advanced intelligent life...but possible a type 3 civilisation could be there but we wouldn't be able to notice them and they would have no interest in us anyway, it would for them, be like a human talking to an ant.
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May 26, 2017, 07:34:39 AM
 #4904

Does anyone has a link to a roadmap for the developers? I would like to see what's in the pipeline the upcoming months.

Thanks
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May 26, 2017, 07:52:51 AM
 #4905

Just holding a little bag for the grid, I think it will also experience a price increase like other altcoin and has good potential as a good investment

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May 26, 2017, 10:10:40 AM
 #4906

Does anyone has a link to a roadmap for the developers? I would like to see what's in the pipeline the upcoming months.
This is the general roadmap, issued by lead dev last year:
https://www.tiki-toki.com/timeline/entry/759095/Gridcoin-Roadmap

Changelog for the upcoming release:
https://github.com/gridcoin/Gridcoin-Research/blob/staging/CHANGELOG.md
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May 27, 2017, 12:41:49 AM
 #4907

Before i saw this i didnt realize how amazing this thing was: https://boinc.berkeley.edu/chart_list.php
We can actually use this network to find solutions to great problems. Just to name a few i found interresting:

Collatz conjecture: Math problem
SETI@Home: search for Aliens!!!!
POEM@Home: Protein folding


 Asteroids@home - determine the orbit of asteroids in the hope of figuring out the next "dinosaur killer" or even another Tunguska even that ISN'T in a very very low pop area soon enough that we can DO something about it.
 (edit - oops, misremembered this one, I was thinking of a different project this one is about figuring out what an asteroid's configuration is and perhaps a bit about it's density)

https://en.wikipedia.org/wiki/Tunguska_event

 On the other hand, in the last couple of decades astronomers have found a LOT of "potentially habitable" worlds, giving a very strong point to the Fermi paradox.

 https://en.wikipedia.org/wiki/Fermi_paradox




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May 29, 2017, 09:08:48 AM
 #4908

One out of two coins in green @poloniex, i like this trend!
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May 29, 2017, 09:36:59 AM
 #4909

One out of two coins in green @poloniex, i like this trend!
Golem pumped yesteday, some of the hype occasionally spills over to Gridcoin, largely thanks to Nate (https://www.reddit.com/user/NateOnTheNet) who is relentlessly promoting Gridcoin on Poloniex, Reddit and on his own website.
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May 29, 2017, 07:12:20 PM
 #4910


very interesting read, are there estimates what you can earn with a decent pc, and are you able to contribute pc power and still work on it or is it lagging and slow?



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May 29, 2017, 08:43:52 PM
 #4911

One out of two coins in green @poloniex, i like this trend!
Golem pumped yesteday, some of the hype occasionally spills over to Gridcoin, largely thanks to Nate (https://www.reddit.com/user/NateOnTheNet) who is relentlessly promoting Gridcoin on Poloniex, Reddit and on his own website.

i just upvoted all his grc-related posts ^_^

Follow me on steemit https://steemit.com/@trumpman Cheesy
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May 29, 2017, 09:04:27 PM
 #4912

very interesting read, are there estimates what you can earn with a decent pc, and are you able to contribute pc power and still work on it or is it lagging and slow?
Lots of BOINC projects with different computing requirements (FP32, FP64, integer, CUDA, OpenCL, AVX etc) so it's difficult to produce a reliable estimate. But with a decent PC (high end GPU, high end CPU) I would say it's still possible to mine about 110-120 GRC per day (using both CPU and GPU, 24/7). That amount will slowly decrease, as Gridcoin's cruncher base grows and competition intensifies. No lagging will be noticeable, except in FPS games which are graphically intensive (but BOINC is preconfigured to automatically suspend GPU computations when user activity is detected).
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May 30, 2017, 10:43:57 AM
 #4913


very interesting read, are there estimates what you can earn with a decent pc, and are you able to contribute pc power and still work on it or is it lagging and slow?

 I can't speak to the other projects, but I have a LOT of experience with Moo Wrapper and how to optimise my setups for D.Net work in general (after 19+ years I should know SOMETHING about that latter!).

 As of right now, after the big Gridcoin runup of the last couple months, my "best" rig (pair of R9 280x and an AMD A10-5700 running the GPU only) is good for ballpark 800k RAC (once it maxes out, I swapped it to LINUX from Windows about a week back due to Windows borking something during a power outage) - generating rough ballpark 50 GRC/day on an energy cost of about 70 cents/day.
 Swapping the R9s out for a pair of RX 470s would bump the RAC up to probably around 950k RAC generating more like 60-65 GRC a day at an energy cost closer to 40 cents/day.

 In other words, it's NOT particularly profitable even with current GPUs on that project (the same rig with JUST the pair of 280x generates 600 h/s on ZEC for about $7/day right now and uses a hair less power) - but it DOES pay the electric bill pretty comfortably, and was covering electric cost more-or-less even before the recent price runup despite the older power-hungry cards.

 Other projects might stack up better, they might stack up worse, the small amount of testing I did last year though indicated that the projects that looked like they WOULD pay out better had "not enough work" issues most of the time.


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May 31, 2017, 10:44:40 AM
 #4914

 I have 35 GRC and I am staking it for many days but I have yet to receive any interest at all. What is wrong? How many GRC do I nid to have before I can get some interest? Pls help.

 
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May 31, 2017, 10:53:09 AM
 #4915

One out of two coins in green @poloniex, i like this trend!
Golem pumped yesteday, some of the hype occasionally spills over to Gridcoin, largely thanks to Nate (https://www.reddit.com/user/NateOnTheNet) who is relentlessly promoting Gridcoin on Poloniex, Reddit and on his own website.

Yes, Golem has pumped a lot but there is no moment in GRC coin. This year GRC price has changed from 500 to 3600 stats but still, it cannot able to secure good marketing strategy in the market because we need to focus on large marketing skills in order to make GRC reputable.


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trumpman
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May 31, 2017, 01:49:30 PM
 #4916

I have 35 GRC and I am staking it for many days but I have yet to receive any interest at all. What is wrong? How many GRC do I nid to have before I can get some interest? Pls help.

You are joking right? Interest is 1.5 % per year in case you don't know

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trumpman
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May 31, 2017, 04:14:46 PM
 #4917

Why Gridcoin is worth holding on to / Why it’s not too late to invest yet: https://steemit.com/gridcoin/@ponimayu/why-gridcoin-is-worth-holding-on-to-why-it-s-not-too-late-to-invest-yet

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Vortac
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May 31, 2017, 06:05:29 PM
 #4918

Yes, Golem has pumped a lot but there is no moment in GRC coin. This year GRC price has changed from 500 to 3600 stats but still, it cannot able to secure good marketing strategy in the market because we need to focus on large marketing skills in order to make GRC reputable.
That's the hard truth, yes. But it's almost impossible to find a marketing professional who is willing to volunteer and we can't seem to make up our minds about finding and hiring one (although there's 30 million GRC in the Foundation, stored away for such purposes). So Gridcoin is still the 'raw deal' - no hype, no extravagant projections, no flashy animations.
PeterTheGrape
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May 31, 2017, 06:45:35 PM
 #4919

Yes, Golem has pumped a lot but there is no moment in GRC coin. This year GRC price has changed from 500 to 3600 stats but still, it cannot able to secure good marketing strategy in the market because we need to focus on large marketing skills in order to make GRC reputable.
That's the hard truth, yes. But it's almost impossible to find a marketing professional who is willing to volunteer and we can't seem to make up our minds about finding and hiring one (although there's 30 million GRC in the Foundation, stored away for such purposes). So Gridcoin is still the 'raw deal' - no hype, no extravagant projections, no flashy animations.

Golem is a good short term profit coin and has aggressive marketing.

Gridcoin has zero marketing, aside from people who support nonprofit science.

Not really much question long term who wins.

 Smiley

Boinc & Gridcoin on Google Trends. The spike in the 3rd week of March last year was a very brief event. If coins continue expanding in Asia then this trend should be clearer soon.

https://trends.google.com/trends/explore?date=2016-01-01%202017-05-31&q=gridcoin,boinc








Regarding Golem, current market cap $368,000,000 vs Gridcoin, current market cap $13,000,000

Vortac
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June 02, 2017, 12:01:46 PM
 #4920

Some useful tips and hints for Gridcoin miners:

https://steemit.com/gridcoin/@vortac/gridcoin-gpu-mining-8-to-the-edge-and-beyond
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