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RE: Medical research with gridcoins

in #gridcoin8 years ago (edited)

That would really surprise me...

You are saying that one gaming PC can make 500 a month.

A gaming PC usually has 2 graphics cards.

A 6 GPU dedicated ethereum miner makes about 900.

Are you suggesting that gridcoin mining is 2/5 more profitable that Ethereum per graphics card?

Because by your numbers a 6 GPU miner mining gridcoin would make 1500 a month.

I'm not trying to be confrontational but these numbers don't make sense.

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Gridcoin's mining process is completely different from any PoW. If you choose the right BOINC projects (where there is no intense competition), yes it's possible to make decent earnings with 5-6 GPUs. However, crunchers will gradually fill up that space, competition will increase and profitability will decrease over time. Mining can be a lot more than repetitive PoW hashing ad infinitum, no variables, useless for anything else except securing the blockchain.

Okay thanks for the info, I suppose that makes sense although the numbers do still seem high to me.

I'll check it out tonight.

Not taken as confrontational, just looking for clarification are you asking me?
Or responding to above comment?