Gridcoin - Weekly project update (wk 26)

in #gridcoin8 years ago (edited)

Here is another Gridcoin project update, where I look at the project chart developments and highlight an interesting aspect. This time it will be once more about Cosmology@home.

Last month I wrote about a sudden fall in team RAC and jump in GRC per 1k system RAC for Cosmology@home. This was triggered by the project server running out of disk space.

Two weeks ago another decline in team RAC and increase in GRC per 1k system RAC happened (green circles in charts below) so I checked the forum again to confirm the issue.

(Data source: BOINCStats)

According to a message on the forum, the project team is facing software issues with the camb_legacy application. For the time being they have stopped producing new work-units until they find a solution.

The camb_boinc2docker application is still working fine but to receive work you need to install Virtualbox. As long as the project is producing work-units for this application only, the GRC per 1k system RAC will likely increase further so it could be an interesting project to crunch at the moment.

And here are the tables and charts for all whitelisted projects.

BOINCStats and CoinMarketCap

Definitions

  • Recent Average RAC = The total amount of RAC produced by all systems within the Gridcoin network.
  • Team RAC vs Overall RAC % = The proportion of RAC output team Gridcoin has produced as part of the overall RAC for the project.
  • GRC per 1k system RAC = The amount of GRC you will receive for a system per 1000 RAC points. Example: You have a system which is running Rosetta@home with a RAC value of 3500. According to the chart on 30-Oct, you should gain 3.5 x 0.42 GRC = 1.47 GRC per day for this system.
  • USD per 1k system RAC = The amount of USD you will receive for a system per 1000 RAC points. Example: You have a system which is running NFS@Home with a RAC of 4700. According to the chart on 30-Oct, you should gain 4.7 x $0.29= $1.36 per day for this system.

Gridcoin is an open source cryptocurrency (Ticker: GRC) which securely rewards volunteer computing performed upon the BOINC platform in a decentralized manner on top of proof of stake.

BOINC (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.

Image source: (1) Header image with Gridcoin logo by @parejan, (2) Gridcoin logo, (3) BOINC logo, (4) all charts and tables by @parejan

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