#GRC is on a long steep hill upwards since the beginning of the project. I reviewed the changes in the userbase and spread of user across different pools and it looks good.
This is a great sign for the project. Means more participants, more publicity, more value. Most importantly increase in number of users is pretty regular and stable at around 50-100 a week and this shows the project is being carefully guided and developed - and people do notice.
From day to day 10-20 more users. Each users usually offers at least one host-device, some have many more (I have 9).
Another interesting aspect that pops on the charts is the shift in Magnitude since the day that group pool was launched. Both solo pools (1 & 2) lost a lot of contribution, while group pool (3) skyrocketed. This could be a sign that more private investors and participants are joining and many other shifted down to their correct category. In some time this chart should be reflective of private-range to industrial-range miners ratio.
Change in the Magnitude since launch of the Pool 3, much higher contribution from private and smaller participants.
I'm all in for Gridcoin. Obviously there's incredible investment potential unfolding and reassuring on every step of their development. For me it's mostly about what it represents and solutions it really offers to the world and those are the two main values that cause constant growth of both price and interest into the project.
If you have a question or discussion, make sure to leave a comment. We all enjoy a good mind-storm.
Follow and stay tuned for more.
Thank you for reading :)
