RE: Gran'ma Gridcoin is a superhero!

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Gran'ma Gridcoin is a superhero!

in gridcoin •  7 years ago 

grid coin huh? its on the top 300's, its one of those big risky multiplier coins.

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7 years ago by

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      ·  7 years ago 

    What do you mean by risky multiplier coins?

    If you mean that it can drop worth by 50% in a few days, or go up by that amount - yes, that is true for every cryptocoin, inlcuding Bitcoin.

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        ·  7 years ago (edited)

      I mean, that this coin could die easily if it fails. I dont know anything about this gridcoin, Im not shilling it but the 300s above sure are the high risk high reward coins. Well, I would pick those top 300s than ICOs if I have money that I can afford to lose. And I dont have any BTW.XD

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          ·  7 years ago 

        "I dont know anything about this gridcoin" - Using your computer (CPU/GPU) to "mine" Gridcoin is always a win-win situation, because you are giving away your computational power to projects like exploring/mapping the universe, finding new medicines, etc. Basically, if you are a Gridcoin "miner", then you are an active part of the world's biggest scientific supercomputer. :) Your computations give value to the world. Instead of being a simple power consuming dumb node, like when you mine Bitcoin or another classical PoW coin.
        Scientists get computing power, you get a few bucks. Greatest idea ever ^_^

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          ·  7 years ago 

        The difference of Gridcoin to all other coins is that it rewards scientific work done on several projects (instead of useless hashes), and the independent platform for that can be used for practically everything needing computing power.

        If anything Gridcoin is undervalued compared to other coins, especially Bitcoin with it's full blocks.

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