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Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread - page 199. (Read 597505 times)

hero member
Activity: 803
Merit: 500
I have some ... Intel 3,3 ghz, Intel 2,8 ghz ...

I do rosetta@home, you should try that. What kind of cpu do you have?

Do cpu mining you can get 150 grc per day just for donating to Boinc, no hashing. Read the cpu mining guide: https://cryptocointalk.com/topic/1922-cpu-mining-tutorialtopic/

thanks for the advice. The 150 grc don't depend on the power of my cpu?
legendary
Activity: 1260
Merit: 1001
I do rosetta@home, you should try that. What kind of cpu do you have?

Do cpu mining you can get 150 grc per day just for donating to Boinc, no hashing. Read the cpu mining guide: https://cryptocointalk.com/topic/1922-cpu-mining-tutorialtopic/

thanks for the advice. The 150 grc don't depend on the power of my cpu?
hero member
Activity: 803
Merit: 500
Do cpu mining you can get 150 grc per day just for donating to Boinc, no hashing. Read the cpu mining guide: https://cryptocointalk.com/topic/1922-cpu-mining-tutorialtopic/

thanks for the advice. The 150 grc don't depend on the power of my cpu?
full member
Activity: 224
Merit: 100
Do cpu mining you can get 150 grc per day just for donating to Boinc, no hashing. Read the cpu mining guide: https://cryptocointalk.com/topic/1922-cpu-mining-tutorialtopic/

I think we should create a Gridcoin marketplace and everyone can post what they can do and how much they want to charge for it.


Good idea, providing services for Gridcoin will get us some traction.
legendary
Activity: 1260
Merit: 1001
Do cpu mining you can get 150 grc per day just for donating to Boinc, no hashing. Read the cpu mining guide: https://cryptocointalk.com/topic/1922-cpu-mining-tutorialtopic/

I think we should create a Gridcoin marketplace and everyone can post what they can do and how much they want to charge for it.

I offer high quality english-german translation for gridcoin, if anybody is interested, just pm me.

I see it the same. Gridcoin maybe is the only virtual coin with some usage. I waited month bevore for something like this to achieve, and I am happy your network is growing despite all this technical difficulties ...

btw: I'd like to mine, but all my stupid writing/music/video-machines reach together at best 30kh ... any use in it?
hero member
Activity: 803
Merit: 500
I offer high quality english-german translation for gridcoin, if anybody is interested, just pm me.

I see it the same. Gridcoin maybe is the only virtual coin with some usage. I waited month bevore for something like this to achieve, and I am happy your network is growing despite all this technical difficulties ...

btw: I'd like to mine, but all my stupid writing/music/video-machines reach together at best 30kh ... any use in it?
full member
Activity: 150
Merit: 100
How would we do that?  I guess we could have a thread on the Gridcoin boards with what we offer... 
I am an accountant and can provide accounting and tax preparation in exchange for Gridcoins.  Just not sure where to "advertise" that.


+1.

The services that accept Gridcoin part is really important. If everyone in the community can provide some kind of service and accept Gridcoin, then that is the perfect
way to get people to know Gridcoin and what it is all about.

And yea one more thing : Hold your coins till atleast $10-15 (yea I know it will be too tempting to sell before that especially for early miners but if something like Vertcoin can go up to $8 then we can surely do way better considering the fact we are helping society too and not just producing hot air like other coins Tongue).

Best of luck guys and resist the urge to sell for as long as you can Cheesy

Lets do this.

10-15$ for 1GRC?Huh?

for now, 1GRC = 0,0536$.....

I really think we will do better than $10-$15. IMHO Gridcoin is more innovative and more beneficial than any other alt-coin currently in existence, to include Litecoin which is currently worth ~$20... If Litecoin can reach $20 when it offered nothing new from Bitcoin other than a cpu-friendly algorithm (which is the same algorithm being used by Gridcoin and many other alts) then gridcoin should easily surpass $20 simply based on the fact that it is one of the VERY few alt-coins to be truly different from it's counterparts/competitors.

Gridcoin is not a simple cut+paste clone, there is a LOT of new custom code that has been added to this client and it rewards you for making contributions that benefit humanity in many different areas of science, health and technology.

I also believe that with the Scrypt-sleep algorithm Gridcoin has the single most fair and even distribution system which is REALLY important to the success of an alt-coin. The point of the coin is to reward those who contribute the most to the research projects and the client does EXACTLY that since the more processing power you contribute to the projects the better your chance of being able to find a block.

Right now, the only thing holding back Gridcoin's popularity is that it's confusing to a lot of people who still don't grasp the full concept, have no idea what BOINC is, are intimidated by learning a new way to set-up mining a coin or are just too obsessed with the garbage alt-coin that they've been pump-n-dumping that they just don't bother to take the time.

What will really boost the value of Gridcoin is when there are services available that accept Gridcoin for payment. When there are goods/services available that people can spend their GRC on, that is when the price/volume will begin to really climb for Gridcoin trading as that is when it will catch the eye of day-traders. Right now there is no purpose to owning gridcoins other than to sell them, we need to create reasons for other people to buy them.

But I firmly believe that within a year we will see many new services accepting Gridcoin (some of which I am working on myself) and I believe that once those services start becoming available, Gridcoin will experience larger and more rapid growth than any other alt-coin to date.
hero member
Activity: 1666
Merit: 565
changed my sign!
legendary
Activity: 1260
Merit: 1001
+1.

The services that accept Gridcoin part is really important. If everyone in the community can provide some kind of service and accept Gridcoin, then that is the perfect
way to get people to know Gridcoin and what it is all about.

And yea one more thing : Hold your coins till atleast $10-15 (yea I know it will be too tempting to sell before that especially for early miners but if something like Vertcoin can go up to $8 then we can surely do way better considering the fact we are helping society too and not just producing hot air like other coins Tongue).

Best of luck guys and resist the urge to sell for as long as you can Cheesy

Lets do this.

10-15$ for 1GRC?Huh?

for now, 1GRC = 0,0536$.....

I really think we will do better than $10-$15. IMHO Gridcoin is more innovative and more beneficial than any other alt-coin currently in existence, to include Litecoin which is currently worth ~$20... If Litecoin can reach $20 when it offered nothing new from Bitcoin other than a cpu-friendly algorithm (which is the same algorithm being used by Gridcoin and many other alts) then gridcoin should easily surpass $20 simply based on the fact that it is one of the VERY few alt-coins to be truly different from it's counterparts/competitors.

Gridcoin is not a simple cut+paste clone, there is a LOT of new custom code that has been added to this client and it rewards you for making contributions that benefit humanity in many different areas of science, health and technology.

I also believe that with the Scrypt-sleep algorithm Gridcoin has the single most fair and even distribution system which is REALLY important to the success of an alt-coin. The point of the coin is to reward those who contribute the most to the research projects and the client does EXACTLY that since the more processing power you contribute to the projects the better your chance of being able to find a block.

Right now, the only thing holding back Gridcoin's popularity is that it's confusing to a lot of people who still don't grasp the full concept, have no idea what BOINC is, are intimidated by learning a new way to set-up mining a coin or are just too obsessed with the garbage alt-coin that they've been pump-n-dumping that they just don't bother to take the time.

What will really boost the value of Gridcoin is when there are services available that accept Gridcoin for payment. When there are goods/services available that people can spend their GRC on, that is when the price/volume will begin to really climb for Gridcoin trading as that is when it will catch the eye of day-traders. Right now there is no purpose to owning gridcoins other than to sell them, we need to create reasons for other people to buy them.

But I firmly believe that within a year we will see many new services accepting Gridcoin (some of which I am working on myself) and I believe that once those services start becoming available, Gridcoin will experience larger and more rapid growth than any other alt-coin to date.
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
I see, I had missed that. I had assumed since the daemon compiled, downloaded the blockchain and accepted RPC calls it was working. That's what I get for assuming...

Haha nvm ... happens with all of us Cheesy ... btw I quite agree with you views about price analysis ... but im holding some LTC too so I want it to go up too Tongue ... actually I think any coin that adopts a first approach to something is good IMHO .. like BTC, LTC, MSC, etc ... so those coins I don't have a problem with .. I have a problem with clones which are just meant for pump and dump. Nice analysis though Cheesy

Thanks!   Cheesy

I agree, I'm not a big fan of cut+paste clones (though I admit I have been guilty of profiting on the pump-n-dump of lesser coins) and any coin offering something new definitely deserves some respect/credit. At this point in the game though it takes more than a simple algorithm change to impress me (although BlakeCoin is fun because it lets me hash at 1.4 GH/s with my single 5870, but there's no real difference when everyone else has the same relative increase in hashing power as you do, lol).
full member
Activity: 128
Merit: 101
I see, I had missed that. I had assumed since the daemon compiled, downloaded the blockchain and accepted RPC calls it was working. That's what I get for assuming...

Haha nvm ... happens with all of us Cheesy ... btw I quite agree with you views about price analysis ... but im holding some LTC too so I want it to go up too Tongue ... actually I think any coin that adopts a first approach to something is good IMHO .. like BTC, LTC, MSC, etc ... so those coins I don't have a problem with .. I have a problem with clones which are just meant for pump and dump. Nice analysis though Cheesy
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
well, i really hope you are right.

I sold until now a little part of my GRC when the price was higher but now, imho, is really too low. Sure as hell, i'm going to hold and keep mining!

Just a question: in how many month do you think the price will grow like that?
Hi,

Well Ill be speculating here : if we really get out problems sorted out and hit coincapmarket in the next week and the situation is good with btc then i think say within a month we should hit between $0.5 to $1 .. right now its just $0.07 i think . So lets keep pur fingers crossed and hope for the best.

Quote
To those saying we need a linux capable version, I have already confirmed that compiling the client from source using the supplied directions on Gridcoin's github works on Debian 7 and there is also a Wine compatible version which is what C-CEX is using...

Hi ,
The linux version we have that mines runs only on wine ... that won't cut it if we are to go big (which I hope we do). There needs to be a "native" linux client soon with mining capabilities. The github page has 2 versions of the "native" linux version I believe : 1) The normal client (holding a wallet) and 2) The daemon for rpc calls (The version C-CEX is using is this one I believe). Both are incapable of mining.

Quoting form the github page :
Quote
1. Native Headless Daemon that will work as a coin client (mining disabled)
# 2. Native Gridcoin-qt GUI Wallet that will work as a coin client (mining disabled)
# 3. Wine version of Gridcoin-qt GUI that will mine and will run on linux, mac and windows

I see, I had missed that. I had assumed since the daemon compiled, downloaded the blockchain and accepted RPC calls it was working. That's what I get for assuming...

full member
Activity: 128
Merit: 101
Can anybody tell me the "beacon" that is sent out while cpu mining goes to which/whose address ? It's been a mystery to me so far.
full member
Activity: 128
Merit: 101
well, i really hope you are right.

I sold until now a little part of my GRC when the price was higher but now, imho, is really too low. Sure as hell, i'm going to hold and keep mining!

Just a question: in how many month do you think the price will grow like that?
Hi,

Well Ill be speculating here : if we really get out problems sorted out and hit coincapmarket in the next week and the situation is good with btc then i think say within a month we should hit between $0.5 to $1 .. right now its just $0.07 i think . So lets keep pur fingers crossed and hope for the best.

Quote
To those saying we need a linux capable version, I have already confirmed that compiling the client from source using the supplied directions on Gridcoin's github works on Debian 7 and there is also a Wine compatible version which is what C-CEX is using...

Hi ,
The linux version we have that mines runs only on wine ... that won't cut it if we are to go big (which I hope we do). There needs to be a "native" linux client soon with mining capabilities. The github page has 2 versions of the "native" linux version I believe : 1) The normal client (holding a wallet) and 2) The daemon for rpc calls (The version C-CEX is using is this one I believe). Both are incapable of mining.

Quoting form the github page :
Quote
1. Native Headless Daemon that will work as a coin client (mining disabled)
# 2. Native Gridcoin-qt GUI Wallet that will work as a coin client (mining disabled)
# 3. Wine version of Gridcoin-qt GUI that will mine and will run on linux, mac and windows
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
And yea one more thing : Hold your coins till atleast $10-15 (yea I know it will be too tempting to sell before that especially for early miners but if something like Vertcoin can go up to $8 then we can surely do way better considering the fact we are helping society too and not just producing hot air like other coins Tongue).

Best of luck guys and resist the urge to sell for as long as you can Cheesy

Lets do this.

10-15$ for 1GRC?Huh?

for now, 1GRC = 0,0536$.....

I really think we will do better than $10-$15. IMHO Gridcoin is more innovative and more beneficial than any other alt-coin currently in existence, to include Litecoin which is currently worth ~$20... If Litecoin can reach $20 when it offered nothing new from Bitcoin other than a cpu-friendly algorithm (which is the same algorithm being used by Gridcoin and many other alts) then gridcoin should easily surpass $20 simply based on the fact that it is one of the VERY few alt-coins to be truly different from it's counterparts/competitors.

Gridcoin is not a simple cut+paste clone, there is a LOT of new custom code that has been added to this client and it rewards you for making contributions that benefit humanity in many different areas of science, health and technology.

I also believe that with the Scrypt-sleep algorithm Gridcoin has the single most fair and even distribution system which is REALLY important to the success of an alt-coin. The point of the coin is to reward those who contribute the most to the research projects and the client does EXACTLY that since the more processing power you contribute to the projects the better your chance of being able to find a block.

Right now, the only thing holding back Gridcoin's popularity is that it's confusing to a lot of people who still don't grasp the full concept, have no idea what BOINC is, are intimidated by learning a new way to set-up mining a coin or are just too obsessed with the garbage alt-coin that they've been pump-n-dumping that they just don't bother to take the time.

What will really boost the value of Gridcoin is when there are services available that accept Gridcoin for payment. When there are goods/services available that people can spend their GRC on, that is when the price/volume will begin to really climb for Gridcoin trading as that is when it will catch the eye of day-traders. Right now there is no purpose to owning gridcoins other than to sell them, we need to create reasons for other people to buy them.

But I firmly believe that within a year we will see many new services accepting Gridcoin (some of which I am working on myself) and I believe that once those services start becoming available, Gridcoin will experience larger and more rapid growth than any other alt-coin to date.
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
To those saying we need a linux capable version, I have already confirmed that compiling the client from source using the supplied directions on Gridcoin's github works on Debian 7 and there is also a Wine compatible version which is what C-CEX is using...
hero member
Activity: 1666
Merit: 565
10-15$ for 1GRC?Huh?

for now, 1GRC = 0,0536$.....

Will be possible if we all hold .... ours is the only coin with a utility. I know it seems a far stretch but look at vertcoin .. just algo change for pool resistance and its taken off .. so why not GRC ? Cheesy

Maybe for that we need to hardfork it to scrypt n factor algo but for now i think utility is enough ... we will need asic resistance soon because asics have already started coming into the market.

well, i really hope you are right.

I sold until now a little part of my GRC when the price was higher but now, imho, is really too low. Sure as hell, i'm going to hold and keep mining!

Just a question: in how many month do you think the price will grow like that?
legendary
Activity: 1526
Merit: 1012
I am very impressed with this. It has different symbols inside the coin to show the different scientific field and an nice green color. Very cool!

https://99designs.com/logo-design/vote-ez45kh




Hey guys, got through the qualifying round and compiled what was rated highest into a few more polls (only 15 this time, 8 entries per poll) in order to determine which 6 designers will go on as finalists. Please go to the thread below for the poll links and help us whittle down who our finalists will be!

https://cryptocointalk.com/topic/4279-logo-competition-rating-for-6-finalists-starts-now/

i like this logo
legendary
Activity: 1450
Merit: 1013
Cryptanalyst castrated by his government, 1952
I have a little request. Change please BOINC team flag from USA to International. Thanks!

Yes, please. There are team members from all over the world.

http://boincstats.com/en/stats/-1/user/list/0/0/118094994/0
sr. member
Activity: 406
Merit: 250
I have a little request. Change please BOINC team flag from USA to International. Thanks!
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