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RE: Gridcoin - State of the Network - 21 January 2018

in #gridcoin6 years ago (edited)

Without disputing your comments, I agree with cm-steem that the whales are not benefitting from CBR, it is the orcas who do. On the other hand, I do agree with you and @steemmillionaire that plankton for sure doesn’t benefit from CBR but fortunately we still have pools.

Since beginning of last year, the GCR value has dropped with a factor 20. Before the CBR implementation, you needed 1000 to 3000 GRC to stake regularly now it is between 20,000 to 40,000 GRC. With the current market price, this requires the same investment from a USD perspective compared to beginning of last year.