How to do good for doing good???
It's very encouraging to see many of you commenting on my last post. Enough proof that RC drought is over now. So time for asking some serious questions to you 😉.
For some time I was mulling over an idea to regularly generate large sum for funding my regular AR awareness campaigns, which I plan to take it to the next level next year onward. For this, I have decided to pool in the surplus computing power of mobile & desktop devices available with everyone (willing volunteers) today.
Donating spare computing power of your idle devices can do wonders
It's amazing that distributed computing can be aggregated into a super computer and can be utilized to do humanitarian research work in medical sciences, astronomy etc. Several BOINC projects are running solely on such distributed power for years. Many of you must have been donating your surplus computing power to projects like World Community Grid (wcg) for the satisfaction it brings to our heart.
PoW vs. PoR
With the advent of Blockchain technology, when Proof of Work (PoW) mining appeared to be wasting tons of computing resources that could be put to better use for humanity; the concept of Proof of Research (PoR) was born. Today there are several crypto projects which work in tandem with Work Units (WU) completed through such distributed computing. These projects offer their crypto-tokens on the basis of computing power donated for these research projects.
Gridcoin (GRC) is probably the oldest coin in this sphere that I'm aware of. But now there are other projects like Biblepay & Byteball too. A recent EOS based PoR coin called BOID is a social blockchain meta-platform that makes it easy to participate in multiple blockchain coins. This project is still in alpha stage and you can only accumulate BOID as of now but they say, in future, you would be able to earn some other cryptocurrencies as per your choice too.
I'm running its native app on my laptop for over a week now. But I was thinking that there is a way that I can use the same WU for mining GRC, GBYTE etc. However, I couldn't find any such way. I'm very new to the world of distributed computing and PoR coin mining. So I thought to seek your help.
So here are some questions for you, answers to which will help me understand it better:
Which gives the max reward for using spare computing power:
(a) Gridcoin (GRC)with gridcoin team in wcg?
(b) Byteball (GBYTE) with wcg
(c) Biblepay (BBP)
(e) Any other (please provide more detail on it).
Can any of the above coin be mined simultaneously using the proof of completion of same Work Units? How?
As before, I'm setting up a small STEEM bounty for rewarding relevant comments to this post.
Thanks a lot for reading and responding here! 💓