GridCoin is an open source crypto currency which rewards volunteers for their computing power. GridCoin can be earned through the utility Boinc which is a distributed computer grid that uses the processing power of each machine collectively to complete tasks for specific projects. These scientific projects cover many areas such as curing diseases or mapping the galaxy. Gridcoin/Boinc is a great way to utilise computing power for the good of humanity and you can start today and get rewarded for it.
first thing to do is head over to www.grcpool.com and create an account , Once this has been created download the boinc utility from boinc.berkeley.edu. open up boinc and select tools -> use account manager , then enter the grcpool url and click next.
Then enter your GRCpool credentials and click next , your account will now be successfully synced with grcpool.
The next step is to head over to GRCpool.com and login, you should now see a host on your dashboard(you can add as many hosts as you want). Click on the host and you will then be able to select a project to contribute too.
boinc can run on Windows , Linux and Macintosh machines, this can also be installed on android phones. once you have chosen your project head back to boinc and go to tools and then select "synchronize with grcpool" this will then start to downloads tasks for your chosen project. As your computer completes tasks you will be rewarded in gridcoin , you can keep track of this in your grcpool portal.
Once you have started to earn gridcoin it will be necessary to download a gridcoin wallet in order to store your coins securely. This can be downloaded from gridcoin.us
so how much gridcoin can you earn ?
This entirely depends on the type of hardware you are using , the better the hardware the more tasks your machine completes and the more gridcoin you will earn. Different projects can yield different results so its best to pick a project tailored to your hardware ensure a better return.
free grid coins can also be requested from this faucet once a day. gridcoinstats.eu/faucet.php
Gridcoin has now gone up in price to 0.17 USD so its a great time to start earning some gridcoin and start contributing your unused processing power.
