Svettod
Junior Member
- Jun 19, 2010
- 189
- 56
I am a cryptocoin enthusiast and yesterday i came upon the first scientific cryptocoin. In bitcoin and litcoin mining the decryption is done just for the sake of decoding blocks and obtaining coins. But all the power that used does not really contribute in any meaningful way to society, yet. Now a new concept has been invented that pairs the mining of coins with BOINC. So now while you are mining coins, you get extra reward based on how much computational power you are providing to the BOINC clients. So imagine if a portion of the mining resources that are now used in cryptocurencies such as Bitcoin and Litecoin are directed towards Gridcoin, we can have some major scientific breakthroughs in all scientific fields. This can really change the world. This coin is very new and there are plenty of opportunities to get in on the ground floor. This is the first coin of it's kind! I have a relative that has cancer and I know many other people that are in the same boat. So for me personally this is a great way to to really contribute to medical research. Please spread the word as this concept can really change the world for the better. And yes I am mining it with all I got right now! 
What is BOINC?
Similar to Folding@Home, BOINC (Berkeley Open Infrastructure for Network Computing), is an open-source computing grid where scientists, universities, and companies can create their own projects to host on the client and have volunteers contribute processing power. BOINC takes unused clock cycles from your CPU and, depending on what platforms a particular project is coded in, your Nvidia and AMD graphics cards.
Official thread @ http://bitcointalk.org/index.php?board=67.40
http://www.gridcoinnetwork.org
Website 2:
http://www.gridcoin.us
P.S.
If you like the cause, but do not want to mine or get involved too much you can contribute in another way. In order for a cryptocoin to get traction and be widely accepted, it needs to get on an exchange. If you want to make a small contribution you can sign a petition to get Gridcoin listed on the "Cryptsy". Cryptsy is an exchange where all kinds of cryptocoins are traded. It would be of great help if you can open an acc there are sign the petition to show your support for this coin.
Sign Petition:
http://cryptsy.freshdesk.com/support/discussions/topics/35939
What is BOINC?
Similar to Folding@Home, BOINC (Berkeley Open Infrastructure for Network Computing), is an open-source computing grid where scientists, universities, and companies can create their own projects to host on the client and have volunteers contribute processing power. BOINC takes unused clock cycles from your CPU and, depending on what platforms a particular project is coded in, your Nvidia and AMD graphics cards.
Official thread @ http://bitcointalk.org/index.php?board=67.40
http://www.gridcoinnetwork.org
Website 2:
http://www.gridcoin.us
P.S.
If you like the cause, but do not want to mine or get involved too much you can contribute in another way. In order for a cryptocoin to get traction and be widely accepted, it needs to get on an exchange. If you want to make a small contribution you can sign a petition to get Gridcoin listed on the "Cryptsy". Cryptsy is an exchange where all kinds of cryptocoins are traded. It would be of great help if you can open an acc there are sign the petition to show your support for this coin.
Sign Petition:
http://cryptsy.freshdesk.com/support/discussions/topics/35939
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