Gridcoin - Weekly project update (wk01) by parejan

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· @parejan ·
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Gridcoin - Weekly project update (wk01)
<p><div class="pull-left">https://steemitimages.com/DQmYRM9s1o4PLVbKaffoZDaH3mHJSTY9QvUrZLfLoK6iZnA/image.png</div> Every week I provide the most up-to-date statistics related to <a href="http://gridcoin.us/">Gridcoin</a> (GRC) earnings for <a href="https://gridcoin.ddns.net/pages/project-list.php/">whitelisted</a> projects. </p>
<p>On Mondays the information is gathered from <a href="https://boincstats.com/">BOINCStats</a> and <a href="https://coinmarketcap.com/currencies/gridcoin/">CoinMarketCap</a>, after which I calculate the earnings in GRC and USD for systems with a <a href="https://boinc.berkeley.edu/wiki/Computation_credit">RAC</a> of 1000. Further details can be found in the definitions section below.</p>
<p>In case the tables and charts are unclear, you can also find this article on <a href="https://whaleshares.io/gridcoin/@parejan/gridcoin-weekly-project-update-wk01">whaleshares</a>, which has a better display quality.<p>
<h3>Individual project developments</h3>
<p>The tables below contain four indicators, presenting the project development over a period of one week, one month, three months and one year.</p>
https://cdn.steemitimages.com/DQmTucrdamyjh1WBbLPPpkT4yBGkZ9o7XWNFCciUGL7RWvz/image.png
(Data source: <a href="https://boincstats.com">BOINCStats</a> and <a href="https://coinmarketcap.com/currencies/gridcoin/">CoinMarketCap</a>)
<h3>Gridcoin project charts</h3>
<p>The charts below provide the longer-term trends for active user development, team contribution to the BOINC network overall and the whitelisted projects.</p>
https://cdn.steemitimages.com/DQmWS17gdVVTFgQCr59shm2nwPXWDoPdHbhCt4JiDY6dPGm/image.png
(Data source: <a href="https://boincstats.com">BOINCStats</a> and <a href="https://coinmarketcap.com/currencies/gridcoin/">CoinMarketCap</a>)
<h4>Definitions</h4>
<ul style="list-style-type:circle">
  <li>Recent Average RAC = The total amount of RAC produced by all systems within the Gridcoin network.</li>
  <li>Team RAC vs Overall RAC % = The proportion of RAC output team Gridcoin has produced as part of the overall RAC for the project.</li>
  <li>GRC per 1k system RAC = The amount of GRC you will receive for a system per 1000 RAC points. 
<strong>Example</strong>: You have a system which is running Rosetta@home with a RAC value of 3500. According to the chart on 24-Sep, you should gain 3.5 x 0.32 GRC = 1.12 GRC per day for this system.</li>
  <li>USD per 1k system RAC = The amount of USD you will receive for a system per 1000 RAC points.
<strong>Example</strong>: You have a system which is running Cosmology@home with a RAC of 4700. According to the chart on 24-Sep, you should gain 4.7 x $0.0117= $0.055 per day for this system.</li>
</ul>
https://steemitimages.com/DQmQ7REZqQpoeimXBy3fkenHUNjnhD3YU82jMSnXCug79Nx/image.png
<p><div class="pull-right">https://steemitimages.com/DQmNSv5FPKWmoZdEgF3GuvNpwAxueoaWZDFv7a48HPpc8WJ/image.png</div><strong><a href="http://gridcoin.us/">Gridcoin</a></strong> is an open source <a href="https://en.wikipedia.org/wiki/Cryptocurrency">cryptocurrency</a> (Ticker: GRC) which securely rewards volunteer computing performed upon the <a href="https://boinc.berkeley.edu/">BOINC platform</a> in a decentralized manner on top of <a href="http://wiki.gridcoin.us/Proof-of-Research#Proof-of-Stake">proof of stake</a>.</p>
<p><div class="pull-left">https://steemitimages.com/DQmT2Q7sjXJgyUMRZK78HMztDkzzVZrYu14MzacW9nZj665/image.png</div><strong><a href="https://boinc.berkeley.edu/">BOINC</a></strong> (Berkeley Open Infrastructure for Network Computing) is a distributed Internet platform launched beginning of 2002 and rewards participants with credits for performed work. BOINC is an application available for multiple Operating Systems and utilises the unused CPU and GPU cycles on computers to perform scientific work.</p>
https://steemitimages.com/DQmQ7REZqQpoeimXBy3fkenHUNjnhD3YU82jMSnXCug79Nx/image.png
Thanks for reading. Follow me for more BOINC & Gridcoin related articles.
https://steemitimages.com/DQmQ7REZqQpoeimXBy3fkenHUNjnhD3YU82jMSnXCug79Nx/image.png
<p><strong>Image source: </strong> (1) Header image with Gridcoin logo by @parejan, (2) <a href="https://github.com/gridcoin-community/Gridcoin-Marketing/blob/master/Gridcoin%20Logos">Gridcoin logo</a>, (3) <a href="https://boinc.berkeley.edu/logo.php">BOINC logo</a>, (4) all charts and tables by @parejan unless otherwise specified</p>
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