RE: Gridcoin Staking - 3360 GRC is not enough

[dcj]

One thing to note is that even if you only stake once every week or so, the payouts are almost exactly the same as if you staked twice during that period.

If you go to the block explorer at gridcoinstats and look up your CPID and you will find that it lists your accrual of interest and research.

Whenever you do stake, these amounts will be paid out and reset.

That said, I think the Gridcoin community is great and growing, so picking up a few more coins can't hurt!

dcj

Comments

[flodner]

Thanks for the useful info! However I don't have CPID (or at least I don't know it) so I'll just keep wallet running as much as possible.

[dcj]

Have you sent a beacon?

[flodner]

No, I don't know what it is

[dcj]

Ok. So once you have set up BOINC, the projects should assign you a CPID,

from the guide:

• Verify that each project you're contributing towards has been attached to team Gridcoin & that your projects are in fact whitelisted. Contributing to projects outside of the whitelist will not give you any reward for those projects.
• Verify that all of your BOINC projects are using the same CPID. If your projects are using multiple CPIDs issues will arise and you'll be unable to proceed! You can locate your CPID directly via the project's site, or via boincstats.
• Before proceeding: you must verify that your Gridcoin client has detected your CPID.
• Navigate to the overview page, and verify that your CPID is showing in the bottom left messages section.
• If your CPID is not showing, and instead 'INVESTOR' is present, you must troubleshoot what's gone wrong.
  --BOINC stats take time to propagate, if you've been contributing towards BONIC for less than 24 hours then you should wait until the next day before proceeding (continue computing BOINC work units!).
  --Verify your BOINC projects do not have split CPIDs (multiple cpids).
  --Verify that you're a member of team Gridcoin for all projects.
  --Did you install BOINC to a non-default location? You'll need to specify this location in the gridcoinresearch.conf file.

Then you need to send a beacon: