What is Reddit's opinion of Gridcoin?

From 3.5 billion Reddit comments

Unless you plan on purchasing 2-3k coins to be able to reliably stake solo its usually recommended that you start mining in the pool.

Sent ya a few coins too :)

From startail who runs Gridcoinstats.eu on slack: > The wallet recently started to allow side staking for block rewards, which gridcoinstats doesn't correctly handle. The site is down for maintenance until this is fixed. I will do my best to make sure this is done as quick as possible.

For gridcoin.us/guides/whitelist.htm you accidentally put a lowercase g in the URL (or it might just be what it was before). https://www.gridcoin.us/Guides/whitelist.htm works just fine

Gridcoin!

Gridcoin is a cryptocurrency that securely rewards BOINC computation (Attempting to solve cancer/aids/ebola/malaria/zika, map the milkyway, track asteroids, crack enigma codes, fold proteins, etc) on top of proof of stake.

There are approx 35 projects which are rewarded independently of one another, there are a couple dozen CPU only projects which you could compete in! :)

https://www.gridcoin.us

You may be interested to read up on Gridcoin. That and several other cryptos are attempting to 'do useful things' with computation power. The Iota Tangle, Foldingcoin, Golem, etc are all interesting to look into as well.

https://www.gridcoin.us/

It definitely helps them, but you can also help yourself by generating gridcoin as a reward for the BIONC data you compute.

The idea of gridcoin is much like bitcoin in that you crunch data to mine coins. But instead of crunching meaningless numbers to verify the blockchain like bitcoin does, you get rewarded for the amount of BOINC data you crunch. Here's how to set it up

/r/gridcoin

Ich würde jedem mal empfehlen einen Blick auf Gridcoin zu werfen. Bitcoin, Ethereum & Co. werden momentan für ihren Immensen Energiekonsum gerüfelt, der durch das PoW (Proof of Work) zustande kommt. Zumindest Ethereum plant einen Umstieg auf PoS (Proof of Stake), sodass neue Coins durch das "staken" von Coins die man schon besitzt erworben werden. Der Emergiekonsum der beim PoW durch sinnloses BruteForce hashen entsteht entfällr somit.

Gridcoin setzt zum sichern des Netzwerks bereits PoS ein, allerdings erlangt man Coins immernoch durch Arbeit die der Rechner leistet, der große Unterschied ist, dass nicht sinnlos gehasht wird, sondern Arbeit für wissenschaftliche Projekte im BOINC Netzwerk geleistet wird. Das prominenteste Projekt darunter dürfte Seti@home sein. Es gibt verschiedenste Projekt, von Astrologie über Physik, Biologie bis zu Medizin und Mathematik.

tl;dr: Gridcoin belohnt Arbeit für wissenschaftliche Projekte. https://www.gridcoin.us https://grcpool.com

BOINC projects must be approved into the whitelist before being eligible to receive credit.

>I am concerned that if gridcoin stays only within the realm of research projects it won't move beyond a very small hobbiest community

I think you underestimate the size of the BOINC community and their dedication. These people have been mining away without being paid a cent for 20 years. I see the hobbiest part of this as a big plus actually. Anyone who is interested in BOINC who learns they could be getting paid for their work is going to be on board in a second. The biggest difficulty is making those people aware of the project en mass.

This gives GRC a lot more stability and support than other coins I feel.

Donate its computing power to some distributed project: https://en.wikipedia.org/wiki/List_of_distributed_computing_projects

You can also earn Gridcoin, a digital currency, for participating in white-listed BOINC projects.

You may take a look at Gridcoin (GRC). It's a Proof-of-Stake coin with no minimal to be able to earn interests. But the interesting part here are the Research Rewards: you use your idle CPU/GPU time to run scientific work in abroad applications such as finding a cure to CoVid-19, mapping the galaxy or demonstrating mathematical theorems and you earn (mine, if you wish) coins. The Gridcoin community is one of the largest contributors to the open-source grid computing network.

Ok, First of all, The Community has move away from cryptocurrencytalk.com, It is an obsolete system for dynamic conversation involving the project. Even if you do not use discord we are on Rocketchat, GitHub, slack, an IIRC, that are bridge to Discord. All of that information is on the GRC website. So, I do not understand why you are using a platform that has not seen any activity from the community for years. NickParl post it an invitation to discord so come an see what we are doing there, and you can also ask for an invitation to slack, so you can share your idea with the dev's. Another suggestion is to join our GitHub page and add your ideas there. You state below "It was basically a brainstorming from me and a couple of people that never got much attention," Well if you are in a place where there is no interaction from the active members of the community you need to find them. And to tell you the truth I do not frequent Reddit, a member post-it this thread on Discord that is the way I found out about your post. We are not hard to find you just needed to look a little closer. Once again come to Discord, slack, rocketchat or https://www.gridcoin.us/. Where you will find tons of information.

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> You can earn off SETI@home and other similar projects. Check out Gridcoin https://www.gridcoin.us/ there's also a sub r/gridcoin

At a base level, yes, the more work you process the more you get paid. The differentiator is that anyone can create an open source BOINC project and so there are many different ones you can contribute to, they all have differnt needs and so suit differnt hardware, many are CPU only, some have GPU work. GRC is awarded to BOINC projects that are voted onto the whitelist by the community in an on blockchain vote, once a project is on that whitelist it receives an equal share of the daily GRC emmission. Your % contribution to a project earns you a % share of that emmission.

So lets break that down. Lets assume 50,000GRC are issued per day, and there are 10 whitelisted projects. Each project gets 5,000GRC per day to award to its researchers. Lets say project 1 is cancer research, its popular because everyone wants to contribute to curing cancer and 5,000 researchers are competing for that 5,000GRC, you might have a hard time securing 1%.

Lets say project 2 is some obscure math proof, it has only 100 researchers; you can far more easily gain 1% of the awards, with the same kit.

This is basically the concept behind Gridcoid. It's a proof of stake coin, but still has "mining" where people can earn rewards for computing on voted projects. Some are pretty useless (three of the top four projects are just computing prime numbers and similar pointless math things), but some like GPUgrid do protein folding to fight diseases.

If you like Golem you might be interested in Gridcoin, which has been going for a while now. It isn't quite the same concept but it is a great idea - blockchain secured by scientific research computation - and it has been gaining a bit of traction recently.

Using scientific distributed computing instead of pointless problems for proof of work; I wondered if it was possible and found out it already exist: https://www.gridcoin.us/ . Still have to look into it.

Put Windows 10 installation media on a USB: https://www.microsoft.com/en-us/software-download/windows10

Use USB to re-install Windows 10.

If you get networking to work, use the laptop for the human species: participate in distributed computing projects. You can earn a digital currency, Gridcoin, for participating in white-listed BOINC projects.

At the individual BOINC project level, sure you could call it proof of earthquake.

Examples of such naming:

Milkyway@Home : Proof of milkyway cartography.

World Community Grid: Proof of solving disease / proof of advancing science.

Asteroids@Home : Proof of asteroid detection/identification.

PrimeGrid: Proof of attempts to detect prime numbers.

GPUGRID: Proof of protein simulations.

Poem@Home : Proof of protein folding.

Einstein@Home: Proof of attempted detection of spinning neutron pulsar stars.

ETC. Have a look at all the whitelisted projects: https://www.gridcoin.us/Guides/whitelist.htm

Alternatively, you could point it at some BOINC projects and earn Gridcoin in return for proven computation. With AMD cards, you could participate in 6 different distributed computing projects - each with a better purpose than hashing: https://www.gridcoin.us/Guides/whitelist.htm

Gridcoin itself only securely rewards users for their boinc work, we've got approx 3000 team members at the moment.

As of late there has yet to be a substantial work unit solved by team gridcoin, several users have been listed as members of the day in boinc projects and we're currently hovering around 8th biggest boinc teams in the world.

Here's a list of boinc publications showing significant research via boinc: https://www.gridcoin.us/Community/ProjectPublications.htm