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Author Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread  (Read 594875 times)
djoser
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July 20, 2018, 12:26:09 PM
 #5661

Talking about "staking" calculations, I haven't managed to find info about one thing: Do I need to have the wallet running all the time? What happens if I shut it down for 1 min? for 1 hour? for 1 day?

I think I've read somewhere in the official guides that the stake's age doesn't count, do I remember that right? If so, then am I having a chance to stake every time a block is forged and I have the wallet running? I have 500 GRC and for 2 months now I haven't staked anything with about 50%-60% uptime.

PS: Initially I didn't have my wallet locked at all, but at some point I locked it and I'm unlocking it for staking every time I boot it.

Hi there!
Let me try to answer your questions.

Staking: You don't have to let your wallet running all the time to accumulate interest (and eventually GRCs from BOINC-mining). But you can't stake a block to get your earned interest onto your wallet if the wallet is offline. So it's best to let the wallet running as often and as long as possible. Additionally you need to unlock your wallet for staking (checkbox "on").

I can't help regarding the stakes age, that's too technical for me  Wink
500 GRC unfortunately are are very low amount to stake. With that amount you are lucky if you are able to stake once in 6 months  Sad You need more Gridcoins!!

I hope i was somewhat useful...Greetings, djoser!

Why mine when you can research? - GRIDCOIN - REAL cryptocurrency without wasting hashes! www.gridcoin.us
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djoser
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July 20, 2018, 12:44:03 PM
 #5662

Right now grc have no future. Other coins are more profitable and have no reward lag (so you have no need to wait 2-3 weeks). Here is a good idea with boinc, but no ecosystem, no roadmap, stupid wallet. That's all made grc not interesting for investors and we have $0.04/grc.

Hi!

I think Gridcoin has a future. Of course other coins are more profitable if you just want to make quick bucks, but Gridcoin has a totally different approach compared to common POW cryptocurrencies. It's almost unique.

You are right regarding the ecosystem, here Gridcoin needs definitly more development.

You are wrong about the roadmap! See: https://www.tiki-toki.com/timeline/entry/759095/Gridcoin-Roadmap/
We have an official whitepaper, too!

Regarding the wallet there is to say that a major improvement is on it's way and it's not less good than any other qt-wallet of other coins right now!?!

So please do your homework, before posting your opinions. But i guess you just wanted to troll, anyways...

Regards, djoser.

Why mine when you can research? - GRIDCOIN - REAL cryptocurrency without wasting hashes! www.gridcoin.us
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July 24, 2018, 08:35:12 AM
 #5663

Gridcoin — State of the Network — July 23rd, 2018



Welcome to the 18th Gridcoin State of the Network Report. The SotN Report is a fortnightly report organized by parejan and jringo. It compiles useful news and statistics for the Gridcoin community.

We have added a graph for “Computational Performance” of the Gridcoin Network in the “BOINC Statistics” section. Take a look!
https://medium.com/@gridcoinnetwork/gridcoin-state-of-the-network-july-23rd-2018-b02c55c3a20b
Flodner
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July 26, 2018, 08:42:38 PM
 #5664

Recently it was good surprise to receive Distributed Compute Credits   
I got 106.24714171 DCC
the same amount as I had in SPARC in my wallet

Good to know that while mining Gridcoin you can get additional bonuses!

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August 07, 2018, 10:05:07 AM
 #5665

Gridcoin — State of the Network — August 06, 2018

Welcome to the 19th Gridcoin State of the Network Report. The SotN Report is a fortnightly report organized by parejan and jringo. It compiles useful news and statistics for the Gridcoin community.

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August 14, 2018, 09:22:32 AM
 #5666

Gridcoin Developer Update August 13th, 2018

Hello everyone, it’s time for another update on Gridcoin Development progress! In this post we want to showcase some new features being worked on for the wallet, some changes coming to the website (gridcoin.us), and testnet progress. It’s been an exciting time since my last post, so let’s dive right in!
https://medium.com/@gridcoinnetwork/gridcoin-developer-update-august-13th-2018-ff297b052740
andromed222
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August 17, 2018, 09:11:25 AM
 #5667

where to sell DCC ?
djoser
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August 17, 2018, 01:16:35 PM
 #5668

At this time: unfortunately NOWHERE!

Why mine when you can research? - GRIDCOIN - REAL cryptocurrency without wasting hashes! www.gridcoin.us
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August 17, 2018, 01:30:20 PM
 #5669

At this time: unfortunately NOWHERE!

Yes, but it's like with SPARC - you can't sell them as well (May be on EtherDelta or Forkdelta, but when I checked the price was very low or there were no orders to buy).. so that's we'll see in the future

Also may be you know was it 1 time airdrop or will it happen again?

Flodner
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August 17, 2018, 01:34:36 PM
 #5670

Actually I logged into my account on Grcpool and that's what I see (this is also answer to my quesion)

SPARC is currently being rebranded to DCC Credits.

More details are here: https://www.grcpool.com/about/sparc

djoser
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August 17, 2018, 01:39:26 PM
 #5671

Hi Flodner, good to see you again  Cheesy

SPARC was converted into DCC. This means SPARC is cancelled completely.
You can still earn SPARC via the alpha.sparc.network for your BOINC computations. If you request a payout to your Ethereum-Address you receive DCC instead of SPARC. Tested it by myself, it works!

Unfortunately the infos on DCC from Kings Distributed System are stll scarce...

Greetings, djoser.

Why mine when you can research? - GRIDCOIN - REAL cryptocurrency without wasting hashes! www.gridcoin.us
Flodner
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August 17, 2018, 02:11:02 PM
 #5672

Hi Flodner, good to see you again  Cheesy

SPARC was converted into DCC. This means SPARC is cancelled completely.
You can still earn SPARC via the alpha.sparc.network for your BOINC computations. If you request a payout to your Ethereum-Address you receive DCC instead of SPARC. Tested it by myself, it works!

Unfortunately the infos on DCC from Kings Distributed System are stll scarce...

Greetings, djoser.

Hi djoser, nice to see you again too!
Yes, I will withdraw DCC in future, but I just wait to have bigger balance
Actually because I'm mining on 2 laptops and it goes very slow - I might request the balance in a year or so))

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August 21, 2018, 10:24:36 AM
 #5673

Gridcoin — State of the Network — August 20, 2018
https://medium.com/@gridcoinnetwork/gridcoin-state-of-the-network-august-20-2018-6d7dbff97e48

Welcome to the 20th Gridcoin State of the Network Report. The SotN Report is a fortnightly report organized by parejan and jringo. It compiles useful news and statistics for the Gridcoin community.
Hardniola
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August 21, 2018, 08:52:19 PM
 #5674

I wish no one waste there money on this coin like I have done....
So so sad Cry Cry Cry
Dead
Flodner
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August 22, 2018, 06:56:06 AM
 #5675

I wish no one waste there money on this coin like I have done....
So so sad Cry Cry Cry
Dead

Hardniola,
It's not dead, why do you think so?
It's just the situation on all markets with the price.. but with Gridcoin if you have big balance you can earn additional GRC by staking
Gridcoin in comparison to other coins has relatively big community
so don't be sad

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August 27, 2018, 06:26:28 PM
 #5676

Gridcoin Developer Update August 27th, 2018
Hello everyone and welcome to another Developer Update from the Gridcoin team. I’d like to remind everyone that these posts will be created every two weeks unless a wallet update is pending that week. We have a few new pull requests submitted by our developers since the last update as well as some news about CBR testing on testnet. https://medium.com/@gridcoinnetwork/gridcoin-developer-update-august-27th-2018-fa83821c3df
slovakia
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August 30, 2018, 06:16:55 AM
 #5677

my RAC will be same when i jumped from bbp to grd or ill be started from 0?
thx for help

djoser
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August 30, 2018, 05:21:35 PM
 #5678

I'm sorry, what?

Jumping from what to what???

Why mine when you can research? - GRIDCOIN - REAL cryptocurrency without wasting hashes! www.gridcoin.us
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August 30, 2018, 07:06:11 PM
 #5679

my RAC will be same when i jumped from bbp to grd or ill be started from 0?
thx for help
I'm sorry, what?

Jumping from what to what???
I googled and I suppose he means this: https://www.biblepay.org/mining/#PODC
Since this is a different project, they have a different RAC. But if you want to change from them to GRC you'll still get rewards in BBP I think because it'll take some time until you reach 0 there, it falls little by little every day.

Personally though I changed my focus to XDNA for now, doing some Folding@home and some classic mining now and then... nothing too hardcore though!
djoser
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September 01, 2018, 03:52:05 PM
 #5680

Ahh...okay...

If he's crunching WCG and/or Rosetta then all he has to do is to change/join team Gridcoin.
He will not loose his RAC on either of projects.
Both projects are whitelisted for receiving Gridcoins.

Just set up a GRC wallet, join the team, use a faucet for some starter coins (needed for your wallet in order to send a beacon) and welcome to the worlds most reasonable cryptocurrency!

Why mine when you can research? - GRIDCOIN - REAL cryptocurrency without wasting hashes! www.gridcoin.us
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