Topic: Next step beyond ASICs are General Purpose Computing devices (again) (Read 1494 times)

hahaha, say, you sound a bit disappointed, did you leave LHC@home?
You could help Gridcoin become the coin who is able to fund all those BOINC projects!
At http://grcnation.com we are going to publish user content like a personal review on LHC, would you like to place an article/story on there?

Science has a budget (like Large Hadron Collider which brought me to GRC mining, "With a budget of 7.5 billion euros (approx. $9bn or £6.19bn as of June 2010), the LHC is one of the most expensive scientific instruments[96] ever built.[97]") only if they recognize the utility value of GRC network calculating their numbers AND shove some funds into the general direction of that
Otherwise miners will just stick with senseless SHA256 shuffling, or similar. It's a habit.

Oh, disclaimer ... so yes, I did some GRC mining doing calculations for LHC. LHC@home

Maybe should post some pictures of "my mining equipment" to explain what fascinated me









They will kill us all switching that thing on

and what about the actual science being done, is this not more important than being in a "cpu mining niche"?

This is a totally different paradigm than classical solving of hash function to mine cryptocurrency.

I wouldn't say it is necessarily about finding a cure directly, but about gleaning information about protein interactions that can be applicable in a wide variety of areas. Science builds on itself and a lot of advancements in one area can lead to breakthroughs in other areas that no one could have conceived of. That is why Boinc research has such a large utility, and precisely why incentivizing such research is very important (Gridcoin):

The University of Texas Medical Branch in 2007 launched a dengue fever drug research program (Discovering Dengue Drugs – Together) that took several years and a few hundred thousand volunteer computers at the World Community Grid to screen three million compounds, several potential candidates that would kill the dengue virus were discovered.

Why should they stay with hashes when General Purpose GPU work units pay better than X1137311
and ppl realize the leverage of utility in Gridcoin

I'm not a lawyer or scientist, but I think that while there at agreements in place to give patents some form of international protection, many other countries (among them China and India) don't pay them much heed. Others, like disease ravaged countries in Africa also say they'll pay no attention to patents in their battles against the diseases that ail them

In short, patents might be responsible for huge pharmaceutical prices in the US, but that knowledge can and will be exploited by other counties around the world. So research or knowledge gained from this won't be lost to a black hole of knowledge.

Could flourish inside a niche like CPU mining, since Boinc seems pretty resistant against botnets from my observation. Professional GPU rigs might stick with X11 algo coins.

nice!

This sums up Gridcoin pretty well.

https://i.imgur.com/DS7wEtE

Gridcoin-Research

Why mine when you can research?
 
Advancing science, mathematics, technology, and understanding the world around us.
A secure blockchain developed on the philosophy of benefiting humanity.

Get introduction at http://uscore.net and guides on http://grcnation.com
 
Proof-of-Work algorithms have been criticized for wasting energy on meaningless equations in the mining process and for centralizing transaction processing by encouraging a specialized hardware arms race. 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 the work they do.  
 
Gridcoin rewards you for doing real work. Our goal is to divert computing power from wasteful hashing to productive computing, creating a supercomputing cluster that supports all kinds of scientific investigation and technology development. Access to supercomputers has traditionally been restricted to large research universities and corporations. By creating a large network of computing devices, complex computations once out of reach for most researchers are now possible. The Berkeley Open Infrastructure for Network Computing (BOINC), an open computing platform that supports all kinds of hardware and adapts as technology changes, has been providing distributed supercomputing since 2002, but until now the network was limited to those willing to contribute their resources on a volunteer basis. A few cryptocurrencies have attempted to create a compensation mechanism to increase participation in research, such as Ripple, Curecoin, and Research Support Coin, but these have used a centralized model for determining reward distribution and selecting research topics. Gridcoin lets you decide what to research, and pays you for your research.


 
Gridcoin is built on top of BOINC and is not limited to any one program, algorithm, or type of hardware. BOINC supports Windows, Mac OS X, Linux, and Android. You don't need special hardware to participate and earn rewards for your contributions to research — the computer you use for a few hours every day can contribute to CPU-based scientific projects when you aren't using it, and you won’t waste electricity competing with GPUs or ASICs for rewards. Those with special GPU mining rigs can also participate in projects designed specifically for parallel computations and you don't have to worry about losing your ROI to the next generation of ASICs.  There are currently over 30 different projects available, each with its own hardware needs — some need CPUs, some need GPUs, and some need sensors. The diversity of hardware supported makes it possible to contribute to the network with almost any device, making it more secure and minimizing the centralization of mining power.  

The reward system is designed to pay you in the same way as a pay-per-share mining pool, so you are rewarded fairly based on the work you do — not by how fast you can solve a block. The devices you can use to contribute to scientific research through BOINC include CPU, GPU, Android, R-Pi, and ASICs, with more being added all the time.  
 
We ask for the community to join us as volunteers, developers, investors, and evangelists seeking to enable a fundamentally different paradigm for the blockchain and the benefits to humanity it can produce.

Or find links in article on: https://cryptocointalk.com/topic/31900-anngrc-gridcoin-research-a-secure-blockchain-developed-on-the-philosophy-of-benefiting-humanity/#entry170462