Gridcoin - Weekly project update (wk17/20) by parejan

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· @parejan ·
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Gridcoin - Weekly project update (wk17/20)
<p><div class="pull-left">https://cdn.steemitimages.com/DQmaPrdjS3NB6s2nUa5ziZPWKhPoaFx8pAsjUPvRKNNnDdx/image.png</div> Here is the weekly <a href="http://gridcoin.us/">Gridcoin</a> (GRC) earnings update for <a href="https://gridcoin.ddns.net/pages/project-list.php/">whitelisted</a> projects.</p>
<p>The information is extracted from the Gridcoin Network Oracle, <a href="https://boincstats.com/">BOINCStats</a> and <a href="https://coinmarketcap.com/currencies/gridcoin/">CoinMarketCap</a> based on which the earnings in GRC and USD are calculated for systems with a <a href="https://boinc.berkeley.edu/wiki/Computation_credit">RAC</a> of 1000. Further details can be found below in the definitions section.</p>
<h3>Project crunchers</h3>
<p>Currently we have 1954 accounts with a valid beacon to earn Gridcoin, which is an increase of 61 accounts (+3.22%) since last week.</p>
<h3>Project whitelist status update</h3>
<p>There havenโ€™t been changes to the number of whitelisted projects last week, this means you can earn Gridcoin crunching 18 BOINC projects.<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://files.peakd.com/file/peakd-hive/parejan/L99C4IkA-image.png
<BR>
(Data source: Gridcoin Network Oracle, <a href="https://boincstats.com">BOINCStats</a> and <a href="https://coinmarketcap.com/currencies/gridcoin/">CoinMarketCap</a>)
<BR>
<h3>Gridcoin project charts</h3>
<p>The charts below provide the longer-term trends for the active users and whitelisted projects.</p>
https://files.peakd.com/file/peakd-hive/parejan/PB0m3rNc-image.png
<BR>
(Data source: Gridcoin Network Oracle, <a href="https://boincstats.com">BOINCStats</a> and <a href="https://coinmarketcap.com/currencies/gridcoin/">CoinMarketCap</a>)
<BR>
<h4>Definitions</h4>
<ul style="list-style-type:circle">
  <li>Gridcoin Network RAC = The total RAC of all systems on the Gridcoin network for the project.</li>
  <li>Gridcoion Network RAC vs Overall RAC % = The proportion of RAC the Gridcoin network has contributed 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. 
<strong>Example</strong>: You have a system which is running Rosetta@home with a RAC of 3500. According to the chart on 30-Sep, you should gain 3.5 x 0.44 GRC = 1.54 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.
<strong>Example</strong>: You have a system which is running Cosmology@home with a RAC of 4700. According to the chart on 30-Sep, you should gain 4.7 x $0.00284= $0.013 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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created2020-04-27 07:23:39
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