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RE: Breaking the 1 GRC/day barrier!

in #gridcoin7 years ago

I've got just over 1k in my wallet and I will say that I'm not too sure how accurate the estimated staking time is. I've consistently had an estimated staking time of 150 days, yet for the past two weeks I've been staking about every 2-4 days. That being said I would agree that 100 GRC is probably too little to be able to stake with within the 6 month reward window.

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That is because the stake time estimate is for POS staking. If your mag is above zero, each mag unit will further reduce the time to stake (by increasing your chance to stake).

Hmmm... Sounds like I'd better stick to pool for now then... Although 1000 GRC is about $35 at the moment? Might be worth investing in to get the ball rolling

yep not too big an invest to get solo, iam thinking about the same since a few days. If it only would be easier to purchase ... but buying Bitcoins then going to an exchange to get Gridcoin is at least here in Germany not the most easiest task accomplished in 2 seconds ..

I have the same issue from South Africa. I have to jump through all sorts of hoops just to get my fiat into crypto. Even buying Bitcoin is a mission from here.

If it is only to aqcuire Gridcoin, I'd be happy to help. Just give me your email, and we can talk!

I managed to find a local exchange where I can buy Bitcoin with my cheque account so I'm sorted, but thanks for the offer!

Anytime! Welcome to Gridcoin! :)

Thank you. It's been pretty fun so far. It's quite fulfilling watching that Mag, RAC and earnings graph creep higher day by day. Can't wait to see what it does when I replace my GPU.

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