Switch to the Staking-only guide. You do not need to install or run BOINC in order to use GRC as a cryptocurrency.
-In order to earn more Gridcoin, you need to crunch one or more whitelisted BOINC projects within team Gridcoin. You must install the BOINC client!
-Navigate to the BOINC website, download and install the appropriate BOINC client on each of the computers you wish to crunch BOINC work upon. If you're not crunching projects which require VirtualBox you don't need to install BOINC+VirtualBox.
- -To solo mine, you must have a balance of Gridcoin able to stake within 180 days. You should have enough Gridcoin to stake about once every month, this is around 5000 GRC. Consider following the pool mining guide if you do not have 5000 GRC
-Switch to the Investor guide. You do not need to install or run BOINC in order to use GRC as a cryptocurrency.
-To earn Gridcoin, you need to crunch whitelisted BOINC projects on team Gridcoin. You must install the BOINC client and select several BOINC projects.
-For getting Gridcoin, see step 3. You can also start out by pool mining, which needs no Gridcoin to get rewards.
-Go to the BOINC website, download and install BOINC for any computer you want to run BOINC on. If you don't have projects that use VirtualBox, BOINC+VirtualBox is not needed.
- -See the staking wiki page for more details on what staking is
- l) If locked, unlock the wallet for "Staking Only". It is recommended to have it encrypted for security. - -n) Every 6 months, you will need to renew your beacon. This can be done by pressing the beacon button then clicking on the renew button
- o) Keep the wallet up to date as updates are released -
advertisebeacon
and make note of the verification_code
. If you lose track of the code, get it again with beaconstatus
- beaconstatus
)
- To earn Gridcoin in solo staking mode you need to run the Gridcoin client and continuously stake.
-If you have not yet installed the BOINC client, you should read the BOINC installation guide to setup BOINC. The BOINC client has to be installed alongside the Gridcoin client in order to verify BOINC account ownership and to access local BOINC statistics.
- -- If you installed the BOINC client anywhere other than the default installation location, you'll need to specify where you installed BOINC in the gridcoinresearch.conf file. -
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- boincdatadir=D:\\ProgramData\\BOINC\\
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- boincappdir=C:\\Program Files\\BOINC\\
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- boincdatadir=/var/lib/boinc-client/
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- email=your@email.com
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- The following guides explain how to set up the Gridcoin Research wallet client on the platform of your choice.
-- If you want to run Gridcoin as a non-cruncher, you do not need to install the BOINC client. In this case, you will only earn POS interest and not receive research rewards due to a lack of BOINC research. The amount and frequency of interest depends on the quantity of coins you are holding in your wallet/client. -
-- Note that the wallet refers to being a non-cruncher as an "investor". This is not referring to investing. It just means having Gridcoin - in your wallet and not trying to be rewarded for doing work on BOINC -
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