Mining will likely be phased out in 2017, as Grantcoin transitions to a new system based on a unique modification of Peercoin’s proof-of-stake technology.
GrantCoin too looks like it's migrating away from POW.
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I am happy to learn that everybody is moving away from POW, it is really a stupid way to spend electricity.
I concur, why waste electricity on POW when you can dedicate it towards computing BOINC projects?