A few months ago , while browsing steemit searching posts regarding ''domestical'' mining topics, I reached one post that attracted me... I do not remember so well the particular post but it was related with the GRIDCOIN project and the implementation of the BOINC app. on Raspberry Pi type small computers.
I did some comments there and the replies I got show me the way I'm following right know.
For your quick understanding, BOINC (https://boinc.berkeley.edu/) is essentially a program that enables people to donate spare computing power to science projects requiring massive computational resources, with the goal of:
- curing diseases (ebola)
- studying global climate change
- discovering pulsars
- Finding extraterrestrial/alien life
- Calculating Asteroids trajectories
- Computing for the LHC (CERN)
- finding more efficient energy cells (folding proteines)
...and many other types of scientific research that are demanding available computational resources.
GRIDCOIN is a cryptocurrency that rewards researching for BOINC projects in a decentralized way. As any other Mined Crypto (as Bitcoin), BOINC users compete in doing calculations for actual research projects to earn coins. Gridcoin is based on Proof of Stake, but with the modification that the PoS reward gets bigger depending on how much research you do compared to your fellow researchers.
''Gridcoin introduces a Proof-of-Research algorithm that gives computers something productive to do. Instead of racing to solve meaningless equations, Gridcoin miners Researchers work on problems such as finding cures to diseases, mapping genomes, or climate studies, and are compensated for their work. Gridcoin is not limited to any one program, algorithm, or type of hardware. BOINC supports Windows, Mac OS X, Linux, and Android.'' source
When I discovered the beauty of the GRIDCOIN project I saw it clear.
I'm not mining with my computer anymore, instead I am a BOINC user (a BOINCer) and I'm rewarded doing so, not only earning GRIDCOINS but also getting the satisfaction of being useful for the science and mankind.
There are other crypto projects trying to do the same, for instance GOLEM is one of them but, in all of those cases, they are faraway from the level that GRIDCOIN has reached since long.
Today, instead of MINERGATE or any other mining program, I'm using BOINC in any available computer, tablet or phone able to use it.
Instead of mining, sometimes senseless, cryptos, I'm using the idle time of my devices for doing complex calculations for research projects that will benefit every one of us, and this is, as well, very important.
More information:
- GRIDCOIN is currently ranked in the number 163 of the Coin Market Cap.
- It is now traded at $0.041400 or 0.00000530 BTC.
- Its ATM (All Time high) was reached on mid-June this year when it reached 0.11 USD ( 0.00003830 BTC)
- It is trade on BITTREX, POLONIEX and Openledger between others
- It has a very healthy community here in steemit, always willing to help you in case you get lost or need some information
http://www.gridcoin.us/
https://boinc.berkeley.edu/
https://steemit.com/gridcoin/@toofasteddie/update-on-my-boinc-steem-engine-a-new-computer-added
If you are thinking on Mining some cryptos with your computer, bear in mind that there is one choice that will give you not only money but also moral satisfaction.
Keep on BOINCing!!
