IS GRIDCOIN WORTH IT?

in #gridcoin7 years ago

I have been assigning CPU tasks on BOINC to earn Gridcoin but I am having trouble getting a CPID and how to sync the BOINC account with my GridCoin Wallet.

When I learned about Gridcoin I immediately saw its potential. A cryptocurrency that can have you earn by using the CPU from your computer to perform tasks online that I don't fully understand. But hey, it sounded like a great source of passive income and it seem more legit than these scam sites like MicroHash.

I've seen others earn Gridcoin in this matter so I figured I must be doing something wrong so now I ask you Steemers.

CAN YOU HELP ME?

boinc_logo.png

HOW CAN I SET UP GRIDCOIN AND BOINC CORRECTLY?
http://www.gridcoin.us/Guides/boinc-install.htm

ARE THERE OTHER CRYPTOCURRENCY THAT USES BOINC?
https://boinc.berkeley.edu/

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I've got you, let start from the start.

ARE THERE OTHER CRYPTOCURRENCY THAT USES BOINC?

None that are live and fully functional. There is a beta running from SPARC, but I am still not convinced that is not an ICO scam.

HOW CAN I SET UP GRIDCOIN AND BOINC CORRECTLY?

After this was asked to me for the 100th time, I wrote a guide to get you going from a cold start, The Total and Utter Noobie Guide to Successfully Solo Mining the Cryptocurrency Gridcoin.

it sounded like a great source of passive income

While I am convinced we will continue to rise in value as a coin, currently I would not see GRC as a source of passive income. You can mine it profitably even now, but you would need a lot of hardware to make significant income. If you are interested in earning money to pay for power while contributing to research - now we're talking!

If you have any more questions after going through the above guide, here are some other guides to help you get going:

Let me know if you have any more questions. =)

I've managed to get some tokens from SPARC, but at this point I don't see anything in terms of value creation for the token.

That said, I will give it to the developers: I've had 3-4 problems and a suggestion. Each and every e-mail has been responded to in less than a day and is implemented/fixed.

The short answer to your headline question is : it depends on what the term "worth" is meaning for you :)
There is a much longer answer for sure but i will save you from that
@dutch has very good links in his reply you should definetly go and check them out. They will for sure help you get going. If all this does not help there are many more methods in getting into contact with Gridcoiners, for instance the Slack channel or Gridcoin Reddit Presence or even an IRC Channel.
So there are many many ways to communicate and we are always trying to help!
See you around !

From a scientific standpoint, Gridcoin is almost heaven. Which other cryptocurrency rewards you while you are discovering new astrophysical phenomena, significant enough to get your name published in prestigious scientific journals?

https://steemit.com/gridcoin/@vortac/gridcoin-gpu-mining-5-looking-at-the-sky

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