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RE: Gridcoin Community Hangout #027 - 01th Apr 2017 @ 9PM GMT (RSVP & Suggest topics!)

in #gridcoin7 years ago

if have kept having these questions about gridcoin. i keep my pc on with world ibm grid community, the one that contributes to find cure for health ailments but i would think i am gathering some gridcoin for doing that. i don't know how to do mining, so was looking for really easy way then so that. i see that i have gather points on the platform but what are those points? are they convertible to gridcoin. does it mean i may have some gridcoin somewhere?

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You have e.g. credits and RAC in the BOINC projects (here WCG). RAC (recent average credit) is used by Gridcoin to determine how much reward you get. You can find a tutorial how to set up Gridcoin and its requirements on gridcoin.us

thank you alot, i will check! so how you mean is essence is that my points are convertible to actual gridcoin? how about the credits i have racked up before setting up gridcoin are those lost?

rephrase your 1st question, I don't understand what you mean

credits before: normally, Gridcoin "remembers" done BOINC work for the past ca. 6 months. I think this should also work for your case

Your average (current) RAC is rewarded, historical computation is not rewarded unfortunately.

i wish i understood it well . Do you mean like all the pc donation done before i set up the grid coin setup will not count?

Older (3+months) computation will not count, what counts is your current average RAC you're contribution (which does take a few weeks to build up).