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RE: Confused newbie in the new gridcoin world.

in #gridcoin7 years ago
  1. Definitely mine in the pool until you've got maybe 1k+ coins before going solo. The more coins you have the more often you'll stake when you're solo, but data from me a few other suggests that you can very easily stake within the 6month timeframe with less than 2k coins. Now, how often to withdraw from the pool: You'll need to balance the pool withdrawal fees against your withdrawal amount, as these are fixed amounts. I personally ramped up the withdrawal amount in proportion to my RAC, peaking at about 20, but this'll depend on how often and how large you want your payouts to be.
  2. This is unique to this week with an update that's had unintended effects. The current wallet version 3.7.7 appears to have sorted that out so upgrade if you haven't and use 'download blocks' to try and remedy the situation.
  3. As others have stated, this is always beneficial to secure the network.
  4. Absolutely. Your BOINC work will be rewarded whether your wallet is open or not.

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