Gridcoin (GRC) - first coin utilizing BOINC - Official Thread

[QuintLeo]

Gridcoins for free

* top accounts from 2 BOINC projects which currently have no/enough WUs

https://steemit.com/gridcoin/@erkan/top-accounts-from-2-boinc-projects-which-currently-have-no-enough-wus

I still haven't quite figured out if you're actually supporting the project or trying to denounce it most of the time

 The 3 GRC pools are some of my primary competition on Moo Wrapper - grcpool-3 in particular has been breathing down my neck for a while now, though the Vega56 I have on order should give me some breathing space once I get it up and running.
 They are "top accounts" due to massive participation far more than "taking advantage" of anything.


 What I'm having issues with right now is a "new" wallet error, "Unable to send beacon! Unlock wallet!" that persists even when I DO unlock the wallet.
 My last beacon send was 5 months back (May 31), I SHOULD NOT BE DUE TO HAVE TO SEND A NEW ONE yet.

 3.6.3 wallet at least has been STABLE for me - no crashes or reboots in at least a week so far.

[1714939154]

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[asdlolciterquit]

Hi everyone, it's been a long time since when i was mining gridcoin, but for all of this months i've been of gridcoin's team on world cyber greed (WCG).
I was wandering...gridcoin is still minable with cpu?

[QuintLeo]

Hi everyone, it's been a long time since when i was mining gridcoin, but for all of this months i've been of gridcoin's team on world cyber greed (WCG).
I was wandering...gridcoin is still minable with cpu?

 YOYO, YAFU, both are CPU specific at this time to my specific knowlage.
 I'm currently pulling a little over 20 GRC a day despite not making any special effort at CPU mining via YOYO.

 There are a few other projects that are CPU-centric as well in the Gridcoin whitelist, but I don't remember which ones they are offhand.

[asdlolciterquit]

Hi everyone, it's been a long time since when i was mining gridcoin, but for all of this months i've been of gridcoin's team on world cyber greed (WCG).
I was wandering...gridcoin is still minable with cpu?

 YOYO, YAFU, both are CPU specific at this time to my specific knowlage.
 I'm currently pulling a little over 20 GRC a day despite not making any special effort at CPU mining via YOYO.

 There are a few other projects that are CPU-centric as well in the Gridcoin whitelist, but I don't remember which ones they are offhand.

Hi QuintLeo, thanks a lot for the answer.
Where can i find some guide/walkthrough to start to mine GRC via YOYO? Can i make some profit even with a 3 years old cpu?
I see that now grc values $0.036494... so i can raise 2-3$ day...correct?

Thanks again!

[erkan]

Gridcoin "won't get exposure nor endorsement from seti nor majority of boinc projects, that was made clear during the 2017 boinc workshop."

https://github.com/Erkan-Yilmaz/GRC/issues/25#issuecomment-341346117

[erkan]

1 month passed since Poloniex assessed + punished Gridcoin


> they hold currently >61% of the trading volume for GRC (e.g. BITTREX has >36%).

now it basically reversed:

* Poloniex has now only 36% volume

* BITTREX has 63%


https://steemit.com/gridcoin/@erkan/poloniex-increases-confirmation-times-for-gridcoin-to-999#@erkan/re-erkan-poloniex-increases-confirmation-times-for-gridcoin-to-999-20171102t083311490z

[asdlolciterquit]

Gridcoin "won't get exposure nor endorsement from seti nor majority of boinc projects, that was made clear during the 2017 boinc workshop."

https://github.com/Erkan-Yilmaz/GRC/issues/25#issuecomment-341346117

this is pretty sad imho
maybe it's just not the right time...it's to early. Cryptoworld seems still like far west.

Maybe they will change their mind in the next future...i hope so.

[BlackObelisk]

Gridcoins for free
...

To be honest, that's not GRC for free, getting reward for decaying RAC is a compensation for "underpayment" while "going up the hill" and accumulating RAC, the only unfair that people can't join the race and get their share.

[Haslett5236]

is it still support BOINC mining Gridcoin? i have some free computer still working on BOINC

hope not too late .

[asdlolciterquit]

is it still support BOINC mining Gridcoin? i have some free computer still working on BOINC

hope not too late .

yes man, join the team!

I've just noticed that if you google boinc first link that appears is www.gridcoin.us.

You can read "Gridcoin is rewarding your BOINC computations and your contribution to science
Open-sourced".

Anyways, i'm looking for a guide to start to mine grc...if you find it can you link it?

[NardoPolo]

Gridcoins for free

* top accounts from 2 BOINC projects which currently have no/enough WUs

https://steemit.com/gridcoin/@erkan/top-accounts-from-2-boinc-projects-which-currently-have-no-enough-wus

I still haven't quite figured out if you're actually supporting the project or trying to denounce it most of the time

 The 3 GRC pools are some of my primary competition on Moo Wrapper - grcpool-3 in particular has been breathing down my neck for a while now, though the Vega56 I have on order should give me some breathing space once I get it up and running.
 They are "top accounts" due to massive participation far more than "taking advantage" of anything.


 What I'm having issues with right now is a "new" wallet error, "Unable to send beacon! Unlock wallet!" that persists even when I DO unlock the wallet.
 My last beacon send was 5 months back (May 31), I SHOULD NOT BE DUE TO HAVE TO SEND A NEW ONE yet.

 3.6.3 wallet at least has been STABLE for me - no crashes or reboots in at least a week so far.

I'm having the same issue. Any ides?

[zantezu]

There is no "fixed calculation" to figure out your rewards for a given card - it depends on which project you work on, how many other folks are earning Gridcoin via that project, and how well your card does on that project.

Due to the nature of how BOINC calculates RAC (which is the basis that GRC uses to figure it's payouts) it also takes about a month for your earnings to ramp up close to full once you DO get started on a project.

 Speaking to the Moo Wrapper project specifically (where most of my efforts are concentrated for non-GRC reasons), a single RX 480 should get to ballpark 550,000 RAC by the end of a month - as of right now that would earn about 17 GRC a day which is worth 60 cents more-or-less right now.
 These figures change though, as folks switch projects and new folks get involved and existing participants leave.

 The RX 470/480/570/580 are some of the best cards to use on this particular project - their closest NVidia equal is the GTX 1070, which has about the same keyrate as a 480/580 for quite a bit more $$$ but about the same power usage.
 This project also works quite well on older pre-GCN AMD cards, unlike many cryptocoin mining programs. and is efficient to run on the iGPUs that AMD puts on their A-series CPUs.


 Other projects will vary a lot - Milkyway for example needs good FP64 (dual precision floating point) performance, so it's very partial to the older AMD Tahiti-based cards like the HD 7970 and R9 280 / 280x while NOT working nearly as well on the current Polaris-based cards or anything NVidia short of the pre-Pascal generation Titans (there also appear to be some driver issues that make the older Titans that SHOULD work better on Milkyway somewhat less effective compared to the Hawaii AMD cards).
 For comparison, the R9 280x on Moo Wrapper is a little LOWER performance than the RX 470 (I have some of both working in Moo Wrapper).


 Realistically, you don't work with GRC to maximise your profits out of a card, as a general rule there are more profitable options.
 You work with GRC because you WANT to do the research and it makes it less expensive for you if you work on GRC-supported projects.

This is a great answer on how to maximize the profits, but when it is worth it to go and grind in solo and stake ? i was reading when you have a wallet with more than 10k gridcoin

[physicianheel]

So if you would buy some tokens right now, do they stay on that website or can we download a wallet somewhere and send it there immediately?

[QuintLeo]

2k gridcoin is enough to stake at least monthly, if they fix the beacon bug they seem to have added in 3.6.3 whils supposedly FIXING a beacon bug.

[zantezu]

2k gridcoin is enough to stake at least monthly, if they fix the beacon bug they seem to have added in 3.6.3 whils supposedly FIXING a beacon bug.

Thank you very much for the clarification!

[dagoofman]

does it work with seti

[asdlolciterquit]

does it work with seti

yes mate, it's work with all boinc project. The important thing is to join gridcoin's team on boinc.

[BlackObelisk]

does it work with seti

yes mate, it's work with all boinc project. The important thing is to join gridcoin's team on boinc.

No, it works only with whitelisted boinc projects.

[yyz13857180757]

This is an old coin of several years. People always talk about its price, but don't care about its technical development. Focus on its milestone, will bring you good benefits, and finally I wish you good luck

[QuintLeo]

There is no other coin offering that supports BOINC research work.

 There are 2 somewhat similar coin offerings (CureCoin and FoldingCoin) that support Folding@Home work.

 There used to be a project that offered DogeCoin in support of Folding@Home work, but the rewards from that project were very minimal, to the point of not even covering electric usage, and I don't know if that project still exists.