The aim of the gridcoin project is to shift the computational power primarily to Boinc projects while the mining operations become a second priority - so as the network is scaled up, boinc utilization is scaled up in tandem.
The coin miners will be rewarded with a small token subsidy if they fail to mine boinc shares, but a much larger subsidy when mining with boinc. This digital cryptocurrency allows instant peer to peer transactions, worldwide payments and very low processing fees.
The system is so easy that it allows everyone to take part in the success of the currency. Gridcoin is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware.
While in Bitcoin mining ONLY the guys with the best and fastest computers getting paid, in Gridcoin mining EVERYONE gets paid.
You do nothing, just let the two programs on your computer do the research and you earn Gridcoins while you sleep, spend time with your family, do the things you love. Use the earned cryptocurrency for purchases, exchange them with others, or withdraw it to your bankaccount or credit card.
You just install two programs on your computer, make a few adjustments as shown in the tutorial videos, and you don´t touch them again.
You do not need any special computer hardware or expensive graphic cards. BOINC will run in the background and honor your preferences to not disturb your computer's resources while you are using it yourself. Gridcoin requires very little resources to stay running Low maintenance / Easy to support the new wallet.
The current value of a gridcoin is about $0.009 - FACT: BITCOIN actually was worth NOTHING when they released it in 2009. There were no exchanges or markets, users were mainly cryptography fans who were sending bitcoins for very low or no value to each other. Now, 1 Bitcoin has a value of ~$320 to $480 - (In January 2014 it had a high of over $1000 per 1 Bitcoin) You see the chance I´m serving you here on a silver platter?
Unlike Bitcoin, where only the fastest get paid, which makes it almost impossible for people without HighEnd PC´s to stake a blog and get reward for it. In the Gridcoin System, EVERYONE gets paid, according to a timely schedule. No matter if you have a slow or a fast computer.
You get interest for the coins you have in your Gridcoin wallet, and you get paid Gridcoins for the work you (actually your computer) contributes to BOINC directly into your Wallet, means, the more YOU do nothing, because your PC does all the work, the more Gridcoins you accumulate in your wallet, the more often and the more interest you get paid.
You will earn interest per year on your coins, plus a research subsidy. Very attractive deflationary coin mint schedule (for investors). Boinc Miners earn Proof Of Research Interest Plus a Research Subsidy. Researchers have a Savings Account capable of paying back payments up to 6 months old. Scalable – Supports virtually unlimited quantity of Boinc Researchers
“Gridcoin will bring long-term growth to the cryptocurrency, which many believe really is the future of money. People should have ultimate control of their own funds, and cryptocurrency can and will provide this in time!”
Martin Bergmann - GRC PRO
Berkeley Open Infrastructure for Network Computing
To get payments, you will have to participate in one or more projects. BOINC of course is free to join, it is a platform for universities and research groups to upload small packages of their research. These small packages, known as workunits, contain parts of calculations and numerical problems which your home computer can solve. Your Computer Works, and You get the reward... Ain´t that great?
Gridcoin (Ticker: GRC) also is free to join, it is a decentralized, open source math-based digital asset (crypto-currency). It performs transactions peer-to-peer cryptographically without the need for a central issuing authority. It is the first block chain protocol that delivered a working algorithm that rewards and cryptographically proves solving BOINC hosted work, which could be virtually any kind of computing process. Gridcoin provides benefits to humanity through contributions to computational research. Gridcoin is the only crypto-currency that rewards individuals for those contributions in an energy efficient way without the need for a central authority to distribute rewards. In Short: This collects and stores your money and gives you interest for it.
Gridcoin compensates the coin miners (researchers) for participating in BOINC projects that may lead to advances in medicine, biology, mathematics, science, climatology, astro and particle physics, thus providing real benefits to humanity. Gridcoin compensates Researchers for contributing computational power towards BOINC research using an energy efficient process instead of generating heat and using computational power for a Proof-of-Work algorithm. Gridcoin differs from other scientific crypto-currencies in its ability to support many different kinds of scientific projects and is only limited by what is currently broadcast over the BOINC network.
All this is done while you are away, doing the things you love...
Let´s shine some light on this...
But Wait... we´re by far not done yet
I´ll add additional value to this already outstanding offer
Since Google offers a $300, 60 day trial period for their cloud computing platform.
I´ve added a bonus tutorial how to use the Google Cloud to set up 8 additional highCPU cores to boost your Magnitude
Super Simple Step by Step Setup
Commands that will make your wallet sync faster, load faster,
stake at full power, autoupdates and connects to more sources...
A list of all commands you can use in the build in console
to check your wallet, list your active products, list your current credits,
repair your wallet, sync the Neural Network...
Get decisive advantage with this Gridcoin Research Video Tutorial - The Unique Method,
Isn't it finally your turn?
Don't miss out on Progress!
Gridcoin's low hardware requirements allow for an easy setup with beginners and leisure time researchers. Its Application enables the use of standard systems, home computers and mobile devices. Each home computer is able to enter, if he aims to be rewarded for unused time and directing clockcycles at research operations.
"Enjoy a well-deserved interest per year on your money with just THESE TWO software programs running on your computer... and good luck finding this closely guarded secret anywhere else!”