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RE: gridcoin... boinc and stuff .... help needed

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gridcoin... boinc and stuff .... help needed

gruenhagen (37) in gridcoin • 7 years ago

so it was worthless installing boinc and wasted resources ?? because boinc was running for some weeks now and i have some credits there what to do with them ??

and whats about the mysteriuos grc faucet i claimed many times but got only paid two claims ??

gridcoin

7 years ago by gruenhagen (37)

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vortac (60) · 7 years ago (edited)

BOINC computations are never wasted, you contributed to the science
with some BOINC tasks already done, your future GRC payouts will be bigger
if you want to mine solo, approximately 2000 GRC are needed in your wallet, due to Gridcoin's Proof-of-Stake nature
faucets are probably overloaded due to many new users. Type your GRC address here and I'll send you a few coins (it's a good custom in the Gridcoin community, to help the new users)

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gruenhagen (37) · 7 years ago

SJPVbuUCFLbrq3uRhCN8KLaoQJNv1SjnLC this is my wallet adress i guess .....

and i don t want to solo mine .... and already joined a team at boinc and let it run ... but don t know how to change credit into grc :/

i m also cloudmine it with https://www.eobot.com/new.aspx?referid=86968

i m not new to crypto.... only to steem and grc ..... i read some stuff and i want them as currency to trade :) and back up for my fiat money ^^

but also steem and grc are really interesting stuff :)

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scalextrix (60) · 7 years ago (edited)

You do not need to change your BOINC credit into GRC, BOINC credit is a recognition of how much work you have done for BOINC projects. Your Gridcoin wallet (or in your case the pool) will handle converting your BOINC credit into GRC if you have everything setup.
Gridcoin works on RAC (Recent Average Credit) to represent how much BOINC work you have done in recent times, so its important to keep processing BOINC work on a regular schedule, this can be 24/7/365 or you can do less, but for higher payout more is better. Your RAC will continue to increase for around 4-6 weeks if you keep a regular BOINC processing schedule.

The pool will payout on its own schedule, you need to check with them when your payment is due, I think its ususally 2 weeks, but I never used a pool.

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