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RE: Gridcoin GPU mining (2): 37919898^32768+1 is prime

in #gridcoin8 years ago

I assumed that was the case but I was wondering if the incentive is "enough" to make people lend on a regular basis their computation power. Although it should be interesting to price such computations, like a discrete logarithm or a factorization, compared to using Amazon or Azure.

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Well, BOINC exists since 2002. and PrimeGrid since 2005. People were computing for PrimeGrid (completely for free) long before Gridcoin and even Bitcoin. It's basically a volunteer effort, even philanthropic, especially if we consider all other BOINC projects, many of which are health related (like GPUGRID, Rosetta@home, World Community Grid etc). So even the smallest incentive is valuable.

Funny story, when I heard about Bitcoin in 2010 I didn't want to take my computers off BOINC for the sake of contributing to science. At the time with Bitcoin worth pennies each I would only have made a couple dollars per day.

Now I'm not blaming science for me not becoming a Bitcoin millionaire... but I'm blaming science for me not becoming a Bitcoin millionaire :P

I will let you know if I find anything interesting :-)

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