GRCPool - 10.000 active members!

in gridcoin •  6 years ago  (edited)

Yesterday GRCPool reached a major milestone, 10.000 ACTIVE members!

The GRCPool supports 75% of all active Gridcoin members, rewarding them for scientific work using the BOINC client. The pool has been a key driver to Gridcoin adoption and is helping to move science forward.

Here is the chart development of total members (blue line) and active members (red line).

A big THANK YOU to @BGB for his dedication and commitment in delivering this platform. Keep up the wonderful work!

Gridcoin is an open source cryptocurrency (Ticker: GRC) which securely rewards volunteer computing performed upon the BOINC platform in a decentralized manner on top of proof of stake.

BOINC (Berkeley Open Infrastructure for Network Computing) is a distributed Internet platform launched beginning of 2002 and rewards participants with credits for performed work. BOINC is an application available for multiple Operating Systems and utilises the unused CPU and GPU cycles on computers to perform scientific work.

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Image source: (1) Header Image (2) Gridcoin logo, (3) BOINC logo, (4) Chart
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@parejan you were flagged by a worthless gang of trolls, so, I gave you an upvote to counteract it! Enjoy!!

  ·  6 years ago (edited)

Much appreciated. Upvoted and followed @flagfixer.

I already installed Boinc, and a few projects are already working. I need some Gridcoins for the wallet right now. They say 100 to 200 should be needed for activation. Can someone send me some? In return I can give 100% upvotes or pay in steem.

RzTGQ9bxEeAwPvqehhbeMwpDrCyQyN2Hh1

  ·  6 years ago (edited)

Good that you dropped your request here @sevenseals.

I would suggest to join the GRCPool (the link is in the article above) to gain sufficient GRCs before you go solo. With 200 GRC you will not be able to stake in time to claim your rewards. When you start with GRCPool you don't need to activate your account.

In case you would like to start directly with solo crunching, you would need to obtain around 10.000 GRC. This would allow you to stake for rewards.

This webpage (https://www.gridcoin.us) has both options presented in one overview.

We really need more pools. I dont like that there's a monopole like this. Obviously the big difference is that there's huge wallets that stake all the time unlike a PoW coin.

Fortunately anybody can start a pool. Both GRCPool and https://grc.arikado.ru are open source so this would be a good starting point. When @sau412 built his pool, he received support from various community members (including @bgb) so I think there is willingness to establish more pools.

We currently have two pools. By definition that is not a monopoly.

There is a third pool already: http://pool.gridcoin.co/

That would be Katiee's pool. It was the first pool, but has been inactive for over year now.

  ·  6 years ago (edited)Reveal Comment

Curiosity: new active members from 537 day to 538: 2, new all members from 537 to 538: 8,
Conclusion: 8 people joined pool and 6 members goes inactive
Growth is so slow, its going to drop soon if GRC dont go up

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