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RE: Researching a FLOP and Energy Based Model for GridCoin Reward Mechanism

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Researching a FLOP and Energy Based Model for GridCoin Reward Mechanism

ilikechocolate (48) in gridcoin • 7 years ago (edited)

It's a competition. the best are rewarded more. if you want more GRC invest more crunchers. Investing is a win win.

I agree to an extent, if you want to see it as a competition I don't have a problem with that. My concern has more to do with the fact that you can make 2 or 3 times more by running a different project with the same hardware. I totally agree that if you want to add more crunchers to make more GRC that's a good thing - I think the current reward mechanism actually prevents that from happening.

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7 years ago by ilikechocolate (48)

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teknix (41) · 7 years ago

That is the thing, GRC must be hard to earn to have a value(aka diffuculty) if it easier then its just merely a token of appreciation. because everyone will have a grc of his/her own. thus no demand with big supply

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ilikechocolate (48) · 7 years ago

GRC must be hard to earn to have a value(aka diffuculty)

I don't think it should be easier or harder, just that it should be the same for everyone.

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