You are viewing a single comment's thread from:

RE: How to Make a Killing by 2020 with EOS, STEEM, PIVX, NEO, MAID, GNT, ICN, MCO & HEAT

in #cryptocurrency7 years ago

I enjoyed reading that writeup - several coins I had not heard about!

I have to disagree with you on GNT. The problem with the Golem network, and many similar coins, is that they are trying to build infrastructure from the ground up. There is nothing there yet but some half-finished prototypes. Several coins and tokens are doing this in the distributed compute space.

All fall flat when compared to GRC. This distributed compute coin runs on its own blockchain, and sits on top of the BOINC platform (of SETI@Home fame). GRC already includes the capacity to buy research from a huge established compute community, plus GRC is awarded for free by the network to any BOINC crunchers that join up.

GNT had superior marketing so far, but GRC is a vastly superior product. I have a huge cluster mining GRC and have never looked back.

Sort:  

Thanks for your input as readers will benefit. I will reconsider my investment with GNT.

@dutch, I think you are really onto something. I will download the wallet today and see how mining is. at 3 cents each there is some good potential there.

i had a good look into today, the only issue i have with it is that it creates 50,000 new coins everyday. not sure how that is going to affect the growth of the coin. you really would have to be an active "miner" to make anything out of it.

Not necessarily. First, the 50,000 coin research mint is the daily cap, and the actual mint has been closer to 30,000 lately. Even at the cap, this would amount to annual inflation of about 4% at this point in time, which is low.

I see GRC easily reaching USD$0.10 in the very near future, and I see no reason why with the proper marketing that is about to roll out it cannot be a USD$1.00 coin when comparing it to the competition. Just wait until a big research group starts to pay for distributed compute through the platform and things will skyrocket.

Of course, that is only my opinion, and the reason why I hold and mine GRC. =)