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Gridcoin

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The Most ASIC-Resistant Pool-Resistant Crypto from 2013 You've Never Heard of: Gridcoin

r/BitcoinSee Post

US Government: Stop Dickering and Prepare for Post-Quantum Encryption Now. Any impact on Bitcoin GRC narrative?!

r/CryptoMoonShotsSee Post

Stealth launching in 30 Min | GreedyRat Coin | Hyped Community | Safu Dev | Could Be Moonshot |

r/CryptoCurrencySee Post

Biggest crypto mistakes you ever made?

r/CryptoCurrencySee Post

GrimaceCoin is obviously a scam, it's shocking to see people actually trying to discuss it as a "New Coin".

r/CryptoCurrencySee Post

Analysis of cryptocurrencies that support scientific research

r/CryptoCurrencySee Post

A wholesome coin

r/BitcoinSee Post

Breaking: USD is at an ATL

r/CryptoMoonShotsSee Post

GreenCat 😾 fair launch, Check out this amazing project 🚀

r/CryptoMoonShotsSee Post

GreenCat 🚀 Stealth launch 🔥 Ownership Renounced , liquidity locked 🔓

r/CryptoMoonShotsSee Post

GreenCat 🔥 Lunched now 🚀 liquidity locked 🔓 This project will succeed

r/CryptoCurrencySee Post

Community opinion on Gridcoin GRC?

r/CryptoMoonShotsSee Post

GRC Token 🔥| Liquidity Locked | Live Now on PancakeSwap | No Hidden Dev Wallet ❌ | Wager Games 💵 | High Potential 🔥 | Join Telegram Now 💬

r/CryptoMoonShotsSee Post

GorillaCash 🦍 • Fairlaunch With in 1 Hour 💵 • Liquidity Locked 🔒 • No Presale ❌ • High Potential 🚀 • Active Moderators • Renounced Ownership • Absolutely Safe ✅

r/CryptoMoonShotsSee Post

⭐️GreenCoin2.0⭐️ Low Market Cap [$55k] 💵 50x Easy Potential 💵 $GRC2🔥 Dev Doxxed 🔒LP LOCKED

r/CryptoMoonShotsSee Post

🔥 GreenCoin2.0🔥 — Growing Community — a few days old — 700+ Holders — Low Market Cap [$35k] 💵 100x Easy Potential 💵 $GRC2

r/BitcoinSee Post

RPA Consulting Companies | Cyber Security Services in Dubai | Cyber Security Solutions in Dubai

r/CryptoMoonShotsSee Post

GreenCoin $GRC [ under $50k MarketCap | launching now ] - Liquidity is locked. Ownership is renounced. DEV DOXXED

r/CryptoMoonShotsSee Post

GreenCoin $GRC [ under $1k MarketCap | launching now ] - Liquidity is locked. Ownership is renounced.

r/CryptoMoonShotsSee Post

GreenCoin $GRC [ under $1k MarketCap | launching now ] - Liquidity is locked. Ownership is renounced.

r/CryptoCurrencySee Post

GRC - mine with old computers

r/CryptoCurrencySee Post

Gridcoin: Rewarding Volunteer Distributed Computing

r/CryptoCurrencySee Post

Are privacy and most cryptocurrencies mutually exclusive?

r/CryptoCurrencySee Post

The blockchain that cures cancer

Mentions

The way I see it, the problem is that Gridcoin has no tokenomics. GRC is just created out of thin air by participating in BOINC projects. But the projects don't buy GRC and don't pay the participants for their computational power - no GRC changes hands.

Mentions:#GRC

Why then does the US have 750 US foreign military bases; that are spread across 80 nations. USD is only useful because it's the self designated global reserve currency, but it wasn't the first GRC, and will not be the last.

Mentions:#GRC

A little debt can be fine. But we print fiat money out of thin air with no asset backing it up. We are in EXTREME DEBT globally right now will no signs of slowly down. It won’t slow down either until printing money out of thin air stops and we get a new and different GRC

Mentions:#DEBT#GRC

Instead of Banano, you could also mine Gridcoin (GRC) by donating your computing power to science. However, you probably won't make a profit on these currencies and should therefore go in with the attitude that you are donating your computing power to science and the cryptocurrencies you receive in return are a partial refund of the donation.

Mentions:#GRC

Even if it becomes GRC it will stabilise at a certain point. It can't double forever.

Mentions:#GRC

I don't think it's ever been a PoW coin, but it is a green alternative to bitcoin. It's kinda like Gridcoin, which came out in 2013. It's also proof of stake but uses BOINC credits to reward users for their work, so you advance science for GRC.

Mentions:#GRC

Since 2008 was very dis-satisfied with banks. Heard of bitcoin around 2011/12 maybe, but I run BOINC so I was conflicted about moving to mining some Magic Internet Money. Kept looking for useful PoW and in 2013 found Gridcoin Classic, failed to get it running at first, but by 2014 was running scientific research for Gridcoin Research. In fact I still do science for $GRC today, its a crypto I will never sell my original coins.

Mentions:#GRC
r/BitcoinSee Comment

With Marshmellows. Which is just as likely as BTC becoming the GRC.

Mentions:#BTC#GRC
r/BitcoinSee Comment

Stupid peope actually do not realize that if BTC becomes GRC, you can forget about any bull runs or bear markets. It will actually become stable, and that is not what you want since you are looking for a casino and that 50x gain that will make your pathetic future somewhat brighter, since you can not relly on yourself and your skills to make it thru the life, but instead you are looking for an easy way out Parthetic

Mentions:#BTC#GRC
r/CryptoCurrencySee Comment

Gridcoin (GRC) doing the do, for BOINC too. Love both projects!

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC for the science not the greed

Mentions:#GRC
r/CryptoCurrencySee Comment

Trade deficits as GRC are okay, deficit spending regardless of currency status is okay, but we still have to use those funds to generate real economic returns or it snowballs into hyperinflation if no changes are made.

Mentions:#GRC
r/CryptoCurrencySee Comment

Yeah, luckily, I have much more GRC now than I lost originally. However, I can still see where I mined that GRC in my BOINC stats, so it's a little sad to me lol.

Mentions:#GRC
r/CryptoCurrencySee Comment

Fellow early Gridcoin miner here, I still mine today BTW, never stopped!! Sorry you didnt backup your wallet.dat, those were the days when crypto was much harder... I started buying into Cardano prior to Shelley at about $0.08, just wish I had gone all in then. Never selling my original $GRC though, not even for $ADA.

Mentions:#GRC#ADA
r/CryptoMarketsSee Comment

Is running BOINC and getting GRC or OByte also defined as proof of work?

Mentions:#GRC
r/CryptoCurrencySee Comment

ETH and rETH (the ETH POS token from Rocket Pool), and GRC because the coin actually serves a purpose supporting science.

Mentions:#ETH#POS#GRC
r/CryptoCurrencySee Comment

Gridcoin (GRC) the original science coin!

Mentions:#GRC
r/CryptoCurrencySee Comment

Conservatively - Bitcoin. Opportunistically - ALGO, LINK or GRC. 🤔 I have a soft spot for infrastructure projects.

r/CryptoCurrencySee Comment

So hoping r/gridcoin and scientific community gets some love given it's code is GRC :-)

Mentions:#GRC
r/CryptoCurrencySee Comment

Found a couple more. GrimaceCoins crawling out the woodwork. [Ether Token version](https://etherscan.io/token/0xb4646b9c7b5c65d38229fd9d567296de434b8b60) [BSC version ](https://thebittimes.com/token-GRC-BSC-0xf7cD04c5F68996bC842855946b91de352E0Ecba1.html)

Mentions:#GRC
r/CryptoCurrencySee Comment

according to etherscan.io, grimacecoin (GRC) has 1046 holders already

Mentions:#GRC
r/CryptoCurrencySee Comment

ATOM, SCRT, JUNO, OSMO, AIOZ, ROWAN :) Too heavily invested in the IBC lol. Then ARGO, CAKE, XPR, GTH (GRC Chain coming soon)

r/CryptoCurrencySee Comment

Gridcoin (GRC) earns rewards for many research projects on the BOINC platform.

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC gridcoin. I don’t think it’s so much hated but maybe little known. After getting delisted from bittrex, it tanked and holding stead at .01. Proof of stake, easy to “mine”, active community, and mining actually solves scientific problems. Not all in but I have been active for several years and will stay with it.

Mentions:#GRC
r/CryptoCurrencySee Comment

I think you'd have to know yourself pretty well to achieve the 'middle ground'. It's not impossible, but making more money, just begets wanting more money. It's hard to know when to stop. You make a good point though. He was boring before he became rich, he probably was just too stressed out to notice when he was poor. Or maybe all his old friends still have dayjobs and he has no one to hang out with, in which case I feel bad for him. Or maybe he's just humble bragging, like he's bored with so much money, in which case he should invest in GRC. It's been delisted in a couple of exchanges since 2017, but I hear it's making a comeback.

Mentions:#GRC
r/CryptoCurrencySee Comment

My favoured coin right now is Cardano, but since Im in crypto since 2013 I have moved on many times. The only coin I will never sell out of completely is my first, Gridcoin (GRC). I have deep respect for the goals and community, and I hope its mission survives. In terms of what would move me from Cardano, its crypto fundamentals of decentralization, disintermediation, security and open source first. Only if something was better on those and then had other advantages I would move on.

Mentions:#GRC
r/CryptoCurrencySee Comment

Idk, I bought about 3 BTC for $300 each. Unfortunately, I used them to buy GRC. Sold half for mostly VET at its ATH (plus some other minor shitcoins) and held both all the way through the 2017 bubble and until this current hype cycle where I finally sold off some. I've since traded half of the remaining VET for TRAC, but I still have my 100k GRC (mostly because it's all but worthless and just holds sentimental value to me now). Point being, I like to believe if I stuck with BTC, I would still have about half of what I bought in 2015 now. (Plus a lot more cash).

r/CryptoCurrencySee Comment

They say "we be trees, take our NFTs and prosper." :) Bought my first crypto in 2013, Gridcoin (GRC) still got them and doing scientific research to mine more.

Mentions:#GRC
r/CryptoCurrencySee Comment

Gridcoin. You can download a program that runs in the background on your computer (only when the processor isn't being used for anything else) and does computation for science research. There's a bunch of open projects you can contribute to from asteroid mapping to testing drug combinations for COVID to mapping climate change. And then you get rewarded with GRC (Gridcoin). Your computer is on, it may as well be doing something useful right? The way I see it, even if I never make any money on it, it's not a loss as I contributed something to science.

Mentions:#GRC
r/CryptoCurrencySee Comment

Gridcoin(GRC), computing for scientific progress.

Mentions:#GRC
r/CryptoCurrencySee Comment

One of a few coins that can be earned with old hardware, cpu and gpu earning possible! Also double earning, for example GRC and OByte possible.

Mentions:#GRC
r/CryptoCurrencySee Comment

Gridcoin has a great community as well that predates soooo many much larger coins. Love my GRC. Flyp.me is my go to for buying some

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC :)

Mentions:#GRC
r/CryptoCurrencySee Comment

I got a good name for ya, GOLDEN RETRIEVER COIN, GRC

Mentions:#COIN#GRC
r/CryptoCurrencySee Comment

GRC

Mentions:#GRC
r/CryptoMoonShotsSee Comment

Nice to read that coins like CURE, GRC and GByte are still on topic! 😎

Mentions:#CURE#GRC
r/CryptoCurrencySee Comment

Gridcoin (GRC) was my first crypto in 2013, due to its good humanitarian mission and great community, I still hold and stake it.

Mentions:#GRC
r/CryptoCurrencySee Comment

Gridcoin since 2013, and yes I still actively do scientific research on my computer hardware that pays out GRC

Mentions:#GRC
r/CryptoCurrencySee Comment

> If an attacker had your first 6 words, they would need 1 minute to brute-force the other 6 and steal your funds. Not quite. Let's do a bit more math on this. A computer can, in order, go through all 2048 words on the list very quickly. In this age when computers can do billions of calculations per second, let's put this to the test. 2048*2048*2048 is 8,589,934,592, or about 8 billion. Let us assume for simplicity that we have a very powerful computer that can do this in one second. To brute force the NEXT three words, it would still take 8589934592 seconds to guess. Which is about 272 years. Let's scale it up then. GRC says that a massive cracking array scenario, something comparable to multiple government agencies pooling their resources together, assumes one hundred trillion guesses per second. This will take (2048^6 / 100 trillion) seconds. Which is just over one week. A hacker will not be able to steal your funds in one minute even with half of your recovery phrase, even if it's only 12 words long.

Mentions:#GRC
r/CryptoCurrencySee Comment

What a bunch of nonsense, miners cant afford to curtail mining, its competitive. Just use excess power from renewables to generate hydrogen for fuel cells for transportation. If you really want to use excess power, then do actual useful work like BOINC or Folding@Home and incentivize with $GRC. No matter how you look at it PoW is a waste.

Mentions:#GRC
r/CryptoCurrencySee Comment

Branched out a bit since but I have stuck with GRC gridcoin since 2016. PoS, Been around since 2013, Easy to mine with work that does some good, active community and dev. Used to be easier to buy but low activity got it delisted from a higher traffic exchange.

Mentions:#GRC
r/CryptoCurrencySee Comment

Curecoin is nice. For an alternative that supports dozens of varied research projects check out Gridcoin (GRC), everything from astronomy, pure mathematics, disease research/genomics, even MineCraft! https://gridcoin.us/guides/whitelist.htm

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC

Mentions:#GRC
r/CryptoCurrencySee Comment

I would love to see some that computing power put towards running BOINC to earn GRC, which could then be staked in the wallet or traded.

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC - Gridcoin. There's almost zero chance of it mooning and the coin looks dead if you look at the charts, both the unfortunate result of no marketing skills or budget anywhere to be found with anyone involved. I still love the idea behind it: Rewarding people for contributing computing power to scientific projects of their choice through BOINC, which has existed long before cryptocurrencies. Basically, most people receiving GRC are people who already used BOINC before and didn't reject free money for continuing to do so. It's sad, because it could really serve as an incentive for more people to get into volunteer computing and for projects to reward/incentivize people for choosing to compute for them.

Mentions:#GRC
r/CryptoCurrencySee Comment

Gridcoin (GRC), my first crypto love, and one that I will never stop.

Mentions:#GRC
r/CryptoCurrencySee Comment

Came into the game ~2013 but decided to stick with Gridcoin (GRC) for way to long. Project had a high intrinsic value for me, but... One succeeded, one did not. While some "learnings" here and there, overcommiting in something turned out as a always bad idea.

Mentions:#GRC
r/CryptoCurrencySee Comment

Gridcoin (GRC). I BOINC for the science. Accumulating GRC is just an added bonus. https://gridcoin.world/

Mentions:#GRC
r/CryptoCurrencySee Comment

Gridcoin(GRC), one of the oldest and best, will never fail. Mined through scientific research, amazing. On-chain voting for years, amazing. Side-staking for charity, amazing. Largely ignored by the crypto-community, unbelievable.

Mentions:#GRC
r/CryptoCurrencySee Comment

Anyone holding bags of practically dead coins, waiting for a miracle? GRC, let’s go!

Mentions:#GRC
r/CryptoCurrencySee Comment

My first crypto was Gridcoin/GRC back in 2015. You earned it by doing BOINC research projects. Over about a year I earned half a bitcoin "mining" by doing seti@home research because I figured it was a better use of electricity than just crunching numbers for the sake of it. Curecoin/CURE is similar today in that your can mine it by doing Folding@home research. It really popped last year because folding turned to covid research and ALOT of money was injected into its market about 4 times. Check the carts for CURE last year and you'll see it.

Mentions:#GRC#CURE
r/CryptoCurrencySee Comment

I've got nicehash running, I guess it doesn't mine bitcoin directly but whatever, I'm sitting on a whole showcase of .006 BTC in my own private wallet. I did the math on it, between what I pay for electricity, the actual consumption of my machine when that GPU is running at 100%, and what I've been earning I am pulling a minimal profit of about a dollar or so per day, was closer to $2/day back when BTC was at $60k. Nothing spectacular by any means, but it's more than I made when I ran BOINC all day getting GRC.

Mentions:#BTC#GRC
r/CryptoCurrencySee Comment

GRC is slowly slowly slowly….making its way to the moon….

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC. Grid coin has a great use case and is actually being used.

Mentions:#GRC
r/CryptoCurrencySee Comment

Gridcoin (GRC)

Mentions:#GRC
r/CryptoCurrencySee Comment

Grid coin is still my favorite small project. It’s a coin with a solid mission, steady growth YOY, and a small market cap. $GRC https://gridcoin.us/

Mentions:#GRC
r/CryptoCurrencySee Comment

New? No. Check out GRC.

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC

Mentions:#GRC
r/CryptoCurrencySee Comment

The closest thing that I know of is Gridcoin (GRC) "Gridcoin is an open source cryptocurrency which securely rewards volunteer computing performed on the BOINC network, a distributed computing platform that is home to over 30 science projects spanning a range of scientific disciplines. "

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC is my favorite coin. You can easily mine it. You can stake it. It has purpose. It has a dedicated community.

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC

Mentions:#GRC
r/CryptoCurrencySee Comment

Every Heard of $GRC

Mentions:#GRC
r/CryptoCurrencySee Comment

I have been staking and researching or "crunching" Gridcoin (GRC) since 2013. Gridcoin is PoSv3 for consensus, but rewards scientific research conducted in specific projects from the BOINC ecosystem. Gridcoin is heavily developed and maintained by passionate devs and the community is really nice. Gridcoin has a unique decentralized consensus mechanism that "scrapes" user statistics from BOINC projects, so that rewards can be calculated in a fully decentralized way. It also has on-chain voting for all governance and development issues, this has been in place for a long time. Users can "rain" GRC onto other users of certain research projects to support them, so if you want to incentivise research into childhood cancers, then rain some funds to your fellow researchers. Another rare feature is side staking, you can directly share a % of your syaking rewards to other addresses, either your own or other peoples, users support faucets, stats sites like BOINCStats etc. There is no reason GRC could not be used to incentivise other types of computing, it just needs community approval. Gridcoin is an amazing project, it should get much more attention.

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC

Mentions:#GRC
r/CryptoCurrencySee Comment

Gridcoin (GRC) my first crypto love. Incentivises people to crunch scientific research projects on the BOINC platform. Unique code, special consensus mechanism, on-chain voting, side staking. One of the best communities, passionate and helpful. Very under-rated.

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC! Gridcoin rewards users who donate their computing power to science by contrubiting to BOINC projects It will not make you rich or anything but it is what got me into crypto and I still "mine" it to this day

Mentions:#GRC
r/CryptoMoonShotsSee Comment

Go into Poocoin.app through the Trust Wallet browser. Search for GRC then connect your wallet.

Mentions:#GRC
r/CryptoMoonShotsSee Comment

**Your submission has been removed because 1 submission with a similar title has been posted on the subreddit in the past.** **OP:** /u/10BitcoinForYourHoe **Date:** 2021-06-03 17:12:02 **Duplicates:** N | User | Date | Posted... | Similarity | Title :-:|:-:|:-:|:-:|:-:|:-:|:-: 1| [/u/CasseyLaswell](https://www.reddit.com/user/CasseyLaswell) | 2021-06-03 15:16:42 | 1 hour 55 minutes before | [100%](https://www.reddit.com/r/CryptoMoonShots/comments/nrfx35/greencoin_grc_under_1k_marketcap_launching_now/) | [GreenCoin $GRC [ under $1k MarketCap | launching now ] - Liquidity is locke...](https://redd.it/nrfx35) I am a bot. If you believe this was sent in error, reply to this comment and a moderator will review your post. **Do not delete your post or moderators won't be able to review it.**

Mentions:#GRC
r/CryptoCurrencySee Comment

2013 got my first GRC (Gridcoin), though the blockchain did convert protocols in 2014, so its technically a different chain and different coin now. I still hold and stake them, and still point my compute power to solving humanitarian scientific problems, which is what Gridcoin is all about.

Mentions:#GRC
r/CryptoCurrencySee Comment

I spent a full year in 2015 mining Gridcoin doing Seti@home research. The coin did nothing but lose value and at the end of the year, I attempted to cash out my $52 coverted to bitcoin and lost it all to a scam site called bcexer(dot)com that promised to pay out to my PayPal account. I think GRC might still be on one exchange somewhere...

Mentions:#GRC
r/BitcoinSee Comment

> it can not as it is deflationary currency Bitcoin is currently inflationary because the supply of Bitcoin is increasing over time, and we don't have to worry about that process stopping for over 100 years. The USD hasn't even been the GRC for 100 years yet. Have you read the Bitcoin whitepaper? It was designed to follow gold's inflation rate. Eventually Bitcoin's inflation rate will reach 0%. Scarcity is a good thing for something used as a reserve currency, that's why currencies used to be backed by gold until printing presses went brrrrrr. > all aspects of economic We're not talking about all aspects of the economy. We're talking very specifically, as a store of value as the global reserve currency.

Mentions:#GRC
r/BitcoinSee Comment

As much as I would like for BTC to be GRC, it can not as it is deflatory currency. So yeah, It would be better for some time as it's value would rise and rise, but with that, paychecks, prices of things etc will go down forever, and eventually hit zero, as GDP rises. That can not happen obviously. Do you know understand why a currency must be inflatory in order to be used properly in all aspects of economic? I hope you understand such simple term, because if not, you have some issues to work on mate

Mentions:#BTC#GRC
r/BitcoinSee Comment

Do yourself a favor and read the definition of [global reserve currency](https://en.wikipedia.org/wiki/Reserve_currency) >The reserve currency can be used in international transactions, international investments **and all aspects of the global economy**. It is often considered a hard currency or safe-haven currency. Do you really think that a currency that has waiting time of 10 minutes per tx and costs dozens of dollars per tx will ever be GRC? Do yourself a favor and stop being an idiot

Mentions:#GRC
r/CryptoCurrencySee Comment

Haha. I'm super long on GRC. It's barely even listed anymore. One day it'll gain traction. I know it.

Mentions:#GRC
r/BitcoinSee Comment

Not exactly. The role of the USD as the national currency of America and Its role as the GRC are really at odds. Bretton Woods was designed to redistribute wealth from the US (the only country with any money at the end of WWII) and prevent another devastating global conflict. It was a very generous and mature thing for America to do. All in all, it worked. But the success of the Agreement was to peg the USD to $35 an ounce of gold. Also, exchange rates were set by the World Bank to favour countries and not favour America. After a few decades America said enough and went off the gold standard. Basically, Bretton Woods did its thing and is now obsolete. But there is nothing to replace it. Having the USD as the GRC is a massive drain on the American economy but no one wants you to know that. The world is now drowning in toxic debt and the only financial instrument that can soak up all that debt and save the USD is Bitcoin. If you read the Bretton Woods agreement document you'll find it an amazing and progressive work. But its time is over. The two roles the USD is playing, one in favour of the US and the other in favour of the rest of the world, is creating havoc for the administration of financial stability regarding the dollar as a domestic currency. If Bitcoin becomes the global reserve currency, it will stabilize the US economy, not destroy it. Please read the actual document that set up the global foreign exchange program. Bitcoin will end up saving the nUS dollar well as the entire planet.

Mentions:#GRC
r/BitcoinSee Comment

I meant the demise of its reign as the GRC, not the total collapse of it. It will play an important role in the world for a lot longer.

Mentions:#GRC
r/BitcoinSee Comment

Yes. That’s what he was saying too. As the global reserve currency, the US dollar gets away with a lot of shit that other countries (I.e., Venezuela) can’t. Beyond its status the global reserve currency, there is no doubt the US uses its military to protect its place at the top of the global currencies. But given enough time and stupidity (like with what we have been seeing for the last year and continuing on with endless printing) the rest of the world may call the bluff and decide to transact in another currency and remove the Global Reserve Currency stay at from the USD. It would be absolutely and totally destructive to the US economy - and would probably be felt across the globe too since the American population buys so much crap from the rest of the world. If other countries abandon the USD as the GRC, there is a good chance we’d start a world war. It would probably be the end of the United States, so you’d probably see the powers that be go down swinging. But it’s highly likely all what would really happen would be all the crazy rich and powerful people would flee to other countries with their assets already out of the USD and they’d just leave the rotten carcus that once was the United States to turn into a even bigger) third world state than its trending towards anyways.

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC

Mentions:#GRC
r/CryptoCurrencySee Comment

I was thinking more of GoldenRetrieverCoin or GRC.

Mentions:#GRC
r/CryptoCurrencySee Comment

I did this in the past with GRC. I had up to 20+ devices crunching at one point. They are right about the efficiency, a new computer now gets 15x the hashes of a 10 year old comp. Core duo is probably even older than that! I decided the work I put into it wasn’t worth the return, it is hard to walk away from something that seems free though. Just remember your time and focus is worth something as well.

Mentions:#GRC
r/CryptoCurrencySee Comment

Gridcoin (GRC) kind of does what you are asking, it rewards BOINC projects, but it uses Proof of Stake for consensus and the research rewards are a second layer. The reason real work like that cant be used for the main blockchain consensus is validation. When a PoW miner makes a block it makes a hash, that hash is very easy for every other network participant to validate as correct very quickly. If you use a task from a research project, every user in the blockchain would have to run that same task to valid its correct.

Mentions:#GRC
r/CryptoCurrencySee Comment

Gridcoin (GRC) has been doing exactly what you suggest since 2013, the blockchain is used to record and agree consensus on each miners contribution to many distributed research projects on the BOINC platform. Its a very well developed blockchain, but it doesnt get enough exposure or love from the community.

Mentions:#GRC
r/CryptoCurrencySee Comment

currently holding onto LTC and GRC like old books on a shelf. No point in selling really.

Mentions:#LTC#GRC
r/CryptoCurrencySee Comment

ASICs are specialist equipment, made by companies who also mine. So they develop new kit get a leg up on mining speed, then when they are ready release it to everyone else. If only a handful of companies control mining hardware sales, how can your protocol be decentralized; they can refuse to sell to you or anyone else, for example. So general purpose computer equipment that people have anyway is better, because in theory, anyone can mine. However, whatever you do PoW always tends to centralize due to economies of scale, those with cheap power will win. We see people stealing mining power all the time, so its not as secure as people like to make out. Gridcoin (GRC) uses real calculations used for scientific research on the BOINC platform to assign rewards; disease cures, particle physics, astronomy and lots more, you can even do virtual Minecraft research! But its consensus protocol is PoS, because validation is a problem with such real workloads.

Mentions:#GRC
r/CryptoCurrencySee Comment

Yes, Gridcoin is Proof of Stake, but if you run scientific research on the BOINC platform you can also earn additional GRC proportional you your research. BOINC projects range from disease research (COVID, cancers, Ebola...) pure math, particle physics abd much more, you can even do research on Minecraft!

Mentions:#GRC
r/CryptoCurrencySee Comment

Gridcoin (GRC) does this on BOINC, there are dozens of distributed computing projects from disease research, pure math, particle physics and more... you can even contribute to Minecraft research! The rewards calculation is fully decentralized and is part of the Gridcoin protocol, no reliance on central parties to do distribution.

Mentions:#GRC
r/CryptoCurrencySee Comment

Pinkcoin (PINK) was created for this and has a novel side-staking function that allows you to apportion any % of staking rewards to an address that could be a charity. PINK themselves support several. Gridcoin (GRC) has a similar side-staming function that some users use to directly support community efforts.

Mentions:#PINK#GRC
r/CryptoCurrencySee Comment

Gridcoin (GRC), an oldie but a goodie. Lots of dev action, strong community, good decentralization and is good for humanity. Just not on lots of exchanges.

Mentions:#GRC
r/CryptoCurrencySee Comment

[GRC](https://www.reddit.com/r/CryptoCurrency/comments/mwilpa/grc_mine_with_old_computers/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)

Mentions:#GRC
r/CryptoCurrencySee Comment

I was breaking even with electricity costs when it was $0.0025. Was kind of discouraging honestly, that was last year. I realized I was just paying an increased electric bill and getting GRC in return. Since the price is up I guess it was a good trade in retrospect. The phones used such little electricity I do think they were profitable. I set up a timer to turn the charge strip on and off, lol.

Mentions:#GRC
r/CryptoCurrencySee Comment

I have 40k GRC. Shrug.

Mentions:#GRC
r/CryptoCurrencySee Comment

Gridcoin, you do scirentific computations like searching for disease cures and get awarded GRC. Not profitable now but GRC does get price spikes from time to time.

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC, Vidya, GET and Golem Reason: i’m a newbie without much technological know-how to understand all the project details. There, I base on current market cap, circulating volume, price and activity on Reddit.

Mentions:#GRC
r/CryptoCurrencySee Comment

GRC

Mentions:#GRC

$GRC [https://suiteki.medium.com/gridcoin-a-simple-investment-thesis-a4fb3f83daed](https://suiteki.medium.com/gridcoin-a-simple-investment-thesis-a4fb3f83daed)

Mentions:#GRC