Post
Topic
Board Announcements (Altcoins)
Re: Profitability Calculator for Gridcoin
by
pallas
on 05/11/2014, 08:53:11 UTC

I think that calculator uses wrong BTC/GRC: that's the change for the old GRC, each of which converts to 10 research GRCs, so the BTC/GRC change should be divided by ten.

Not necessarily - it reflects the current GRC/BTC price.  We are optimistic the price will not crash by 10* when we switch tickers.

Currently you can convert a classic GRC, which is about 4000 satoshi, to 10 research GRC, so a research GRC is exchanged at 400 satoshi, and this is the only way you can buy a research GRC with BTC.