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RE: HOLD Your GRC - the Research Coin! We have a Long Way to Go!
I'll devote a GPU to it, and maybe 9 more if it goes well. Looks like GRCPool is where the action is?
I'll devote a GPU to it, and maybe 9 more if it goes well. Looks like GRCPool is where the action is?
Yeah - like @ivanviso mentioned the pool is the place to start. Make sure you do use GRCPool - the other pool is abandoned by its developer and not paying out anymore.
The way GRC is earned through research, is that you are back-paid for your work every time you generate a block through Proof of Stake (POS) - POS secures the network. Under POS, your likelihood to stake a block is proportional to your holdings. This means that if you start with 0 GRC, you will never be paid for your research (although your pending payout will rise).
The pool maintains a 200,000 GRC balance to help it stake on your behalf.
unless you have over 1000GRC, (which isnt that much money to invest), you must use a pool . Technically, 200 should be enough, but you would be payed every 5months or so.