Gridcoin - Weekly project update (wk32)

Here is another Gridcoin project update, where I look at the project chart developments and highlight an interesting aspect. Today I’m looking at the chart developments of Einstein@home.

Since GDPR has come into effect on May 25th, it is not allowed anymore to extract user information anonymously from the Einstein@home website. As a result, Gridcoin was forced to greylist the project until all legal and technical aspects are resolved.

I have also excluded Einstein@home from my weekly updates and when you now look at the charts below, the team RAC has declined almost 80% while the team project contribution has reduced to 6% from its peak end of April, when it was 16%.

(Data source: BOINCStats)

Last month I wrote an article about the GDPR impact on World Community Grid (WCG) with one of the conclusions that the overall output was only marginally affected by the GDPR implementation. Looking at the Einstein@home chart below, you will notice a complete different picture. The project has lost 40% of its output, where not only Gridcoin users but also other users are crunching the project less.

(Data source: BOINCStats)

Currently a solution is being developed but unfortunately there is no ETA for the implementation yet, which means we need to wait and see when the project is going to be whitelisted again. Maybe one of the developers can provide an update in the comment section below.

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

(Data source: 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.

Thanks for reading. Follow me for more BOINC & Gridcoin related articles.

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