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RE: Why I Only 'Mine' Gridcoin, and My Unusual ~200 TFLOPS Mining Setup
GRC is not profitable like other coins, its a reward system for volunteering computing since 1999
GRC is not profitable like other coins, its a reward system for volunteering computing since 1999
It was very profitable a month ago. =)
It also will be again in the near future. Best to mine those coins before the flocks of miners arrive for the next GRC gold rush!
It's entirely possible that the NN participants is going to inflate a couple orders of magnitude when the team req is removed.. the BOINC community is huge!
Nailed it - and that would result in hugely increased mining difficulty and a rise in GRC price to match.
Difficulty - Yes, however there is always room for additional BOINC projects.
Price - Potentially, with greater scarcity and demand the likely outcome is an increase in market cap.
Right on!!