Gridcoin weekly project update - 27/Nov/17
Here is another Gridcoin project stats update. Every week I look at the project developments and highlight an interesting aspect in the charts. This week I’ll take a look at USD earnings impact on individual projects after recent Gridcoin value increases.
Since I started collecting Gridcoin data a few months ago, the team RAC per project have increased substantially. Yesterday I wrote an article about the USD/GRC developments and now, 24 hours later, it has even moved a bit higher to $0.052. So have these advances been sufficient to overcome the increased in team RAC output per project?
In the table below, I have compiled the USD earning developments per project. The 4 columns present:
- 23 whitelisted projects. I have excluded 2 whitelisted projects (DrugDiscovery@home and Engima@home) because they moved from CPU to GPU mining during this period and it wouldn't give meaningful information to present.
- USD earnings for a system per 1k RAC on 14-Aug and 17-Nov
- The change in USD earnings for a system per 1k RAC in the 3.5 months period
It is great to see that the earnings for 21 out of 23 projects have increased in the past 3.5 months. Unfortunately for 2 projects the earnings have dropped but this is related the steep Team RAC level increases for both. All-in-all, a nice development and hopefully this will continue in the foreseeable future.
And here are the charts for all whitelisted projects, with the definitions per indicator at the end of the article.
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 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 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.
Sources
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As usual your stats make for such interesting reading ..
Courtesy of @joshoeah
Thanks @m3rcos1ty, its great to see that you and other people like my articles.