Here is another Gridcoin project stats update. Every week I look at the project chart developments and highlight an interesting aspect, this time it is the USD earings per 1k system RAC output for individual projects.
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 (Source: 1)
Since I started collecting data for individual whitelisted projects, the Gridcoin USD price has increased sharply. Today the coin reached another all-time high, which is a fantastic achievement. But how does it work-out for the individual projects? Have all projects benefited from this general increase of value?
To confirm this, I compiled an overview of 23 out 26 whitelisted projects. Enigma@home and DrugsDiscovery@home were excluded because they moved from CPU to GPU (test) mining during this period, and Sourcefinder has only been whitelisted 4 weeks ago.
The table below presents the following information per project:
- USD earnings per 1k system RAC on 14-Aug-17
- USD earnings per 1k system RAC on 01-Jan-18
- USD earnings percentage change over the last 4.5 months per 1k system RAC output
With the steep increase in Gridcoin USD value, I already expected to see all projects in positive territory and this was confirmed in the table above. On the other hand, there is a substantial difference between the highest and lowest percentage increases. Six projects have outperformed the overall Gridcoin price increase while 17 projects have lagged.
And here is the table of GRC and USD earnings per 1k system RAC plus the charts for all whitelisted projects. The definitions per indicator can be found at the end of the article.
(Source: 2,3,4)
Sources:
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