Arikado Gridcoin pool donation post #3

in gridcoin •  7 months ago  (edited)

Everything I collect with this post will be donated to the my pool users as additional reward!
Reward will be distributed at 8th of July, when I can see steemit post reward results. Reward will distributed according to user contribution during week from 2019-07-01 to 2019-07-07.


Yearly graph:

  • 2019-06-17 pool mag 296
  • 2019-06-24 pool mag 300
  • 2019-07-01 pool mag 318

Currently magnitude risen by 7.5 %. Currently I cannot say is it fluctuation, or a result of additional rewards.

Previous reward (donation post #2)

My previous post collected 0.725 SBD and 2.012 SP. I cannot exchange them directly, but I can calculate equal Gridcoin amount. Current exchange prices are (2019-07-01 11:00 GMT+3):

  • Steem 0.00003262 BTC/STEEM
  • Steem Dollar 0.00008817 BTC/SBD
  • Gridcoin 0.00000057 BTC/GRC


0.725 SBD * 0.00008817 BTC/SBD / 0.00000057 BTC/GRC = 112.14 GRC
2.012 STEEM * 0.00003262 BTC/STEEM / 0.00000057 BTC/GRC =   115.14 GRC

112.14 GRC + 115.14 GRC =  227.28 GRC

Total distribution fund: 227.28 GRC


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.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!