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Grcst mining

Publish: 2021-05-28 19:42:12
1. At present, only a few algorithms of virtual currency are meaningful, such as XPM (prime currency, used to solve prime numbers), GRC (Greider currency, used for scientific operation), etc. I have been using CPU to dig XPM, although my income is limited. In fact, these currencies also have the excellent properties of bitcoin, but they are not favored by most virtual currency lovers. The price is very low, which is really distressing.
2. Greider

feels like bitcoin

has anyone calculated how many kilowatts of electricity bitcoin miners consume every day? The answer from blockchain.info is 23 million kilowatt hours a day. This is a stunning number
the new generation of bitcoin developers will consider how to rece power consumption as an important design goal
there are two directions to achieve this goal. One is to apply computing power to a more meaningful and practical direction. For example, the design of prime currency is to apply the computing power to the search of the largest prime number, which makes the calculation results have scientific value, not just waste on Hash generation. The other is to rece the power consumption per unit of calculation
gridcoin is innovative in both directions. First of all, Gebi applies computing power to grid computing, benefiting from dozens of scientific fields, including life medicine, astronomy, materials science and so on. Secondly, the chip scrypt algorithm will soon be launched in gecoin, which will rece the overall computing power of maintaining transaction and security by about 50%. This is another important innovation of cryptocurrency so far
gridcoin contributes computing power to scientific computing through the Berkeley open network computing platform (BOINC). BOINC is one of the largest grid computing platforms in the world, The famous scientific computing projects based on this platform include
1 SETI@home : search for radio signals from alien civilizations
2 Einstein@Home : looking for the evidence of gravitational wave
3 Rosetta@home Objective: to predict and design protein structure
4. Climateprediction. Net: To study the trend of climate change
5. World Community Grid: distribution hosted by IBM In addition to its official website, BOINC can also visit China distributed computing center
gridcoin fully considers avoiding the infiltration of ASIC, and ensures that only CPU and GPU of computer can mine. Gecoin provides faster transaction confirmation: 2.5 minutes on average. Grid coin's pow algorithm uses scrypt
if the miners of gridcoin are only mining and do not contribute their computing power to BOINC scientific computing platform, the return of each block is only 5 bucks; Correspondingly, in the case of contributing computing power to BOINC, the return of each block will reach 6 to 150 RMB according to the amount of computing power contributed
the total amount of gridcoin is about 168 million, which is calculated according to 100 COINS generated by each block. The actual situation depends on the amount of computing power contributed by the whole network to scientific computing
the official launch time of gridcoin was October 16, 2013, less than two months ago. At present, the computing power is about 50MH / s, and it has increased about twice in December
gridcoin is totally different from counterfeit currency which only changes some parameters. Many senior people who have been tracking the development of cryptocurrency for a long time think that gridcoin is one of the few cryptocurrencies with innovative ability. It has long-term development potential
source: gridcoin fans base
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