Gridcoin - Computational performance chart (PFLOPS)

In computing, the term FLOPS (Floating Point Operations Per Second) is defined as the number of floating-point equations a processor can solve in one second. It is a degree of computer performance which is useful in the field of scientific research to compare systems [1].

BOINC projects provide credits for computer calculations based on the number of FLOPS a system generates [2]. In our bi-weekly Gridcoin State-of-the-Network updates, Hive account@jringo and I include the statistics for these projects including the FLOPS per project.

In previous episodes you may have noticed that some projects were lacking this information but with the support of @GUK, I have been able to close the gap and compile the chart as presented below. The team computational performance is not in FLOPS but petaFLOPS or PFLOPS, which is 10¹⁵ FLOPS.

(Data source: BOINC project websites)

Because there are a few jumps and drops in the chart, I thought it would be useful to provide some further clarifications.

(Data source: BOINC project websites)

• The first significant increase in computing power (1) started mid-December last year and lasted till end-January. This was the period where the Gridcoin price reached its highest level and attracted many new team members. Even after the Gridcoin price declined again, the computing power remained stable which was really positive.
• The first substantial decrease (2) happened beginning of April when Collatz Conjecture stopped producing work-units but then started again at the end of the same month.
• Two projects caused the second sizable decline, Einstein@home and Collatz Conjecture (3). Einstein@home stopped providing user information due to EU’s GDPR implementation while Collatz Conjecture had validation errors with their work-units.

At the end of last month, team Gridcoin reached its highest output so far (7.74 PFLOPS), which is equivalent to the 20^st most powerful computer system based on www.top500.org. In the table below, you will find the breakdown of GFLOPS per project for this event.

(Data source: BOINC Project websites on 23-June)

In future Gridcoin State-of-the-Network updates, we will add the first chart to the statistics section as well and I’m interested to monitor how many PFLOPS Gridcoin is going to generate moving forward.

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.

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