Post
Topic
Board Announcements (Altcoins)
Re: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread
by
traderman
on 17/10/2014, 11:41:01 UTC
For POR you need coins in your account that are "staked". This is not like POW where you find blocks with actual hashing!! Do you understand that? You either need to convert old GRC classic to new POR GRC or you have to wait till the around the 20th of October when the POR GRC starts trading on the exchanges and get some POR GRC  so you can start staking in your wallet!! IF you have no coins right now in your POR wallet you will not receive anything!! You need to have coins in your POR wallet!!

I mean PoR only, and I don't want to buy anything Smiley I have the new wallet and computing since a week. I'd like to know when my GRC will be in my wallet only.

The Gridcoin classic wallet will be shut down on the 20th of October and the new POR (Proof of Research) wallet will be going live on the exchanges!! So if you want wait till the 20th and then you can buy some POR GRC on the exchanges and start with the new wallet which is much more simple to run! Forget about GRC classic!


The new wallet is pure Proof-of-Research plus Stake now.  Only the wallet in retirement uses scrypt Proof-of-Work and the community decided that 6 months was a sufficient amount of time to convert the Classic coins to the new Research coins.  

Great! I didn't understand it properly before Smiley
One more question - my world community grid shows:
Gridcoin       10/14/2014 - Current       0:002:06:48:15       9,964
the email is in .conf file
When should I receive first coins?

Tried to run boinc on GPU...and went back to mining. GPU computing must be improved or a clear instruction what to do, what settings, what variables etc published. Otherwise the best crypto-idea will fall and only we, three persons will write in this thread.
BTW: when I'll get my coins for CPU-computing during last days?