GridCoin (GRC) Trading at .02847 // Check out this Hidden Gem Crypto Currency
A crypto currency that is HIGHLY undervalued. I have recently come across a relatively unknown crypto currency called GridCoin. There is actually a gridcoin community here on steemit. Check them out (gridcoin).
From their website at www.gridcoin.us the description is as follows:
"Gridcoin (Ticker: GRC) is a decentralized, open source math-based digital asset (cryptocurrency) which performs transactions peer-to-peer cryptographically without the need for a central issuing authority.
Gridcoin securely rewards volunteer distributed computing performed upon the BOINC platform in a decentralized manner on top of proof of stake. Projects range from attempting to cure diseases to searching for extraterrestrial life! You can distribute virtually any kind of distributed computing process through BOINC (utilizing GPU/CPU/Sensors/etc).
The BOINC network is currently made up of approximately 500k active users and 4 million registered users - a massive potential userbase for Gridcoin and a serious amount of computing power available for scientific research!
Proof of Work (POW) consensus mechanisms are not utilised by the Gridcoin network, making the Gridcoin cryptocurrency network far more energy efficient than any existing POW cryptocurrency."
GridCoin.us
One can acquire Gridcoin simply by "volunteer distributed computing", and also by investments into the currency itself.
GridCoin is at an incredible price. Now would be a great time for investment into this growing network. Good Luck All. Cheers.
If anyone reading this would like to get further involved, here is a guide to start pool mining. If you want to know more about what is going on with the Gridcoin network, you can check out the following links:
Gridcoin Github Repo - Full source code and development discussions.
Gridcoin Developer Slack - Chat with the devs, as well as general channels for troubleshooting and branding discussions.
Gridcoin IRC - Join the linked channel, then register with NickServ using the instructions at the top of the page so you can join #Gridcoin. This is required to stop someone else stealing your nickname and the associated GRC.
Gridcoin Steemit - You are here already! =)
Gridcoin Homepage - The actively maintained and developed homepage of GRC globally.
Gridcoin Subreddit - Anything GRC related. The developers read the comments posted here, and will in all likelihood directly address any questions you pose within the day.
Gridcoin Forum and Main Thread - The ongoing megathread where you are most likely to find the original GRC developer Rob weighing in.
Gridcoin Twitter - Keep up to date with GRC news.
Thanks for the comment dutch. I really do hope the gridcoin takes off for you all. I'll continue to research this for sure. Maybe I'll throw a few dimes into the lot? Lots of possibilities. Have a good one.
Do throw some dimes. Our community increases every day and we have nowhere to go but up!
I love Boinc and Gridcoin is the very best addition to Boinc. IMHO way better then all these other coins which burn energy for useless hashes. :)
I can't make good meaning of the enormous energy/power waste accord some coins in the name of POW (Proof of Work) It was love at first sight for me with Gridcoin. Never looked back since.
Same here.
Very intersting coin Gridcoin. I had never heard of it before your little experiment post earlier. Being constantly on the road with often unreliable internet it would be hard to volunteer computer power to the platform. I'll keeo an eye on Gridcoin, maybe a good place to invest some money.
Since BOINC just uses your GPU/CPU, you don't need that strong/reliable of an internet connection to contribute. As long as you can submit the tasks before their deadline, which shouldn't be a problem connecting as little as once every few days, you'll be fine. In addition, you can even crunch on your android device as well as your computer.
Thanks for the info. I'll look into that.
I feel the same way you do fanstaf. Thanks for the comment. Cheers.
#Gridcoin has the best community there is, building on the volunteer community behind the BOINC project, which has been computing for science since 1999. Those are not your usual 'which coinz should i buy' noobies, but serious crunchers, engineers, scientists, developers, IT professionals who are involved with distributed computing for years.
Thanks for the reply vortac. I appreciate it. I really do hope gridcoin takes off. you all sure do have the pro's behind it for sure. Cheers.
Gridcoin has one of the most dedicated and friendly communities around, we arent just here to make money, we are here to help humanity too
Interesting coin...I never heard of gridcoin before. Cure diseases and extra terrestrial life... I think they are onto something, will be watching this coin. Thank you for sharing
There seems to be a lot of very smart people on the gridcoin board. You should check it out. You are very welcome.
It almost went under 1000 satoshi today, now is really the time to buy, waiting to see what happens after tomorrow.
Thanks for the basic introduction into GridCoin. I learnt something new.
Very Welcome croat. Have a good one.
Thankyou for sharing @crowe. . This is a post that is very beneficial for the reader. I think this is very interesting.upvote
Thanks nazarwills. I am now following your blog. Cheers.
👏👏👏. . Thankyou @crowe
THANKS FOR THE INFORMATION ON GRIDCOIN
Very Welcome.