How to do good for doing good??? by xyzashu

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boinc · @xyzashu · Oct 3 '18

$43.19

How to do good for doing good???

Hi friends!

It's very encouraging to see many of you commenting on my last post. Enough proof that RC drought is over now. So time for asking some serious questions to you &#128521;.

For some time I was mulling over an idea to regularly generate  large sum for funding my regular AR awareness campaigns, which I plan to take it to the next level next year onward. For this, I have decided to pool in the surplus computing power of mobile & desktop devices available with everyone (willing volunteers) today. 
<h1>Donating spare computing power of your idle devices can do wonders</h1>
It's amazing that distributed computing can be aggregated into a super computer and can be utilized to do humanitarian research work in medical sciences, astronomy etc. Several [BOINC](https://boinc.berkeley.edu/) projects are running solely on such distributed power for years. Many of you must have been donating your surplus computing power to projects like [World Community Grid (wcg)](https://www.worldcommunitygrid.org/) for the satisfaction it brings to our heart.

<h1>PoW vs. PoR</h1>
With the advent of Blockchain technology, when Proof of Work (PoW) mining appeared to be wasting tons of computing resources that could be put to better use for humanity; the concept of Proof of Research (PoR) was born. Today there are several crypto projects which work in tandem with Work Units (WU) completed through such distributed computing. These projects offer their crypto-tokens on the basis of computing power donated for these research projects. 

Gridcoin (GRC) is probably the oldest coin in this sphere that I'm aware of. But now there are other projects like Biblepay & Byteball too. A recent EOS based PoR coin called BOID is a social blockchain meta-platform that makes it easy to participate in multiple blockchain coins. This project is still in alpha stage and you can only accumulate BOID as of now but they say, in future, you would be able to earn some other cryptocurrencies as per your choice too.

I'm running its native app on my laptop for over a week now. But I was thinking that there is a way that I can use the same WU for mining GRC, GBYTE etc. However, I couldn't find any such way. I'm very new to the world of distributed computing and PoR coin mining. So I thought to seek your help.

<h1>So here are some questions for you, answers to which will help me understand it better:</h1>

* **Which gives the max reward for using spare computing power:**
(a) Gridcoin (GRC)with gridcoin team in wcg?
(b) Byteball (GBYTE) with wcg
(c) Biblepay (BBP)
(d) BOID
(e) Any other (please provide more detail on it).

* **Can any of the above coin be mined simultaneously using the proof of completion of same Work Units? How?**

As before, I'm setting up a small STEEM bounty for rewarding relevant comments to this post.

Thanks a lot for  reading and responding here! &#128147;

👍 minnowbooster, booster, vortac, ssg-community, brupvoter, qustodian, busy.pay, grandpawhale, steem-ua, geetharao, arunava, staticinstance, minnowsupport, chetanpadliya, mehta, steem-plus, bigdeej, msp-creativebot, hotbit, vimukthi, msp-shanehug, qurator-tier-1-2, blewitt, retinox, cryptoconnector, dexter-k, barton26, upvoteph, xyzashu, chucknorrisfacts, dadjokeoftheday, nfc, larrydavid4, sbi5, parejan, mxzn, acwood, renzoarg, jonbit, akdx, zord189, dune69, embomb701, kiraxoy, ilikechocolate, coolenglish, grider123, belemo, grwd, shmoogleosukami, nexusprime, dangermouse77, beetlevc, delta1512, archet, steemgridcoin, sam.hsuu, explorernations, nuad01, notimetospace, nathanielcwm, chetanyaswaroop, semyuell, cryptocica, and 14 others

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@alokkumar121 · Oct 3 '18

We must do good ans in return good will come back to us

Posted using [Partiko Android](https://steemit.com/@partiko-android)

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@booster · Oct 3 '18

re-xyzashu-how-to-do-good-for-doing-good-20181003t163824726z

You got a 8.55% upvote from @booster courtesy of @xyzashu!
#### NEW FEATURE:
You can earn a passive income from our service by delegating your stake in SteemPower to @booster. We'll be sharing 100% Liquid tokens automatically between all our delegators every time a wallet has accumulated 1K STEEM or SBD.
Quick Delegation: [1000](https://steemconnect.com/sign/delegateVestingShares?delegator=&delegatee=booster&vesting_shares=1000%20SP)| [2500](https://steemconnect.com/sign/delegateVestingShares?delegator=&delegatee=booster&vesting_shares=2500%20SP) | [5000](https://steemconnect.com/sign/delegateVestingShares?delegator=&delegatee=booster&vesting_shares=5000%20SP) | [10000](https://steemconnect.com/sign/delegateVestingShares?delegator=&delegatee=booster&vesting_shares=10000%20SP) | [20000](https://steemconnect.com/sign/delegateVestingShares?delegator=&delegatee=booster&vesting_shares=20000%20SP) | [50000](https://steemconnect.com/sign/delegateVestingShares?delegator=&delegatee=booster&vesting_shares=50000%20SP)

👍 motherboy, cheneats

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@brupvoter · Oct 3 '18

re-xyzashu-how-to-do-good-for-doing-good-20181003t164808174z

You got a 27.57% upvote from @brupvoter courtesy of @xyzashu!

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@minnowsupport · Oct 3 '18

<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by xyzashu from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows.  Please find us at the <a href="https://discord.gg/HYj4yvw"> Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p> <p>If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=102530.639667%20VESTS">50SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=205303.639667%20VESTS">100SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=514303.639667%20VESTS">250SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=1025303.639667%20VESTS">500SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=2053030.639667%20VESTS">1000SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=10253030.639667%20VESTS">5000SP</a>. <br><strong>Be sure to leave at least 50SP undelegated on your account.</strong></p>

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@msp-creativebot · Oct 3 '18

$0.07

fossbot voter comment

Thank you for being here for me, so I can be here for you.
Enjoy your day and stay creative!
Botty loves you. <3

👍 mm-creativebot

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@parejan · Oct 3 '18

$0.78

Based on my experience, the highest reward will be achieved when combining GRC and Byteball crunching.

High level installation:
1) Create an account on [World Community Grid](https://www.worldcommunitygrid.org/), ensure to select **Gridcoin** in team selection.
2) Install [BOINC](https://boinc.berkeley.edu/download.php)
3) Select World Community Grid  in BOINC.
4) Link WCG and Byteball wallet ([link](https://medium.com/byteball/computing-for-good-again-3795336bdaed)).
6) Join [GRCPool](https://www.grcpool.com/) by following both video links on the  home page.

These are the basics to get you started.

👍 vortac, gregan, barton26, xyzashu, grwd

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@nathanielcwm · Oct 4 '18

For pool you don't need to do steps 1, 3, and 4 right?

👍 barton26

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@xyzashu · Oct 3 '18

$0.03

That seems a perfect advice to me.

And what if I choose to go Solo mode instead of Pool mode? I can stake 1000 - 2000 GRC as required. Is that, much better than Pool or there isn't much difference?

Secondly, I want to pool the resources from all my community members to make it a significant amount. But I don't think there is an option to create your own team? So how should I go about it?

TIA!

👍 dustsweeper, grwd

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@parejan · Oct 3 '18

$0.07

There is little difference in earnings whether you go solo or start in a pool:

* Solo: When you go solo you are your own master. Staking is required and could take a while depending on the amount of GRC you have in your wallet.  
* GRCPool: Pool fees are minimal. No staking required and you will be paid on regular basis. You don't need to buy GRC when you use this option. Once you have gained sufficient GRC you can go solo.

You don't need to create a team, you can just use **one** user name on all systems. You can manage  a group of systems both solo and in the pool: 
* Solo: I would suggest to use the account manager BAM! in BOINC, which allows you to manage all your systems in [BOINCStats](https://boincstats.com/). 
* GRCPool: You can use the GRCPool account manager and manage all your systems in one of the menus on the website.

Hope this answers you questions.

👍 hotbit, gregan, barton26, xyzashu, grwd, nathanielcwm

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properties (23)vote details (6)

voter	rshares	pct
barton26	9,768,621,496	100%
xyzashu	8,787,754,412	100%
gregan	10,288,569,588	100%
hotbit	11,931,114,872	51%
grwd	2,524,932,231	100%
nathanielcwm	520,298,210	100%

@prince121 · Oct 3 '18

The world "good" does not advance in an orderly manner. Opportunities and dangers do not come when most convenient for you. Don’t be that surprised by surprises.

properties (22)

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@ropaga · Oct 3 '18

$0.03

With https://www.grcpool.com/ you can mine Distributed Cloud Computing (DCC) and Gridcoin at the same time.

Another cryptocurrency based in proof of research is http://curecoin.net 

Posted using [Partiko Android](https://steemit.com/@partiko-android)

👍 barton26, xyzashu

`author`	ropaga
`permlink`	ropaga-re-xyzashu-how-to-do-good-for-doing-good-20181003t210056900z
`category`	boinc
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properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
barton26	0 B		10,046,903,117	100%
xyzashu	0 B		8,547,957,920	100%

@xyzashu · Oct 4 '18

Yes, CURE coin is interesting too but I don't think it has got a mobile app. I would be more interested if mobile phone resources too can be tapped in easily. 

So how is your experience with CURE coin? Do you mine it along with Folding Coin?

properties (22)

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@ropaga · Oct 4 '18

$0.04

Yes, I was mining CURE and Folding coin for a while. I did not like it because the Foldit client options are not that versatile compared to BOINC, so I was not able to set it according to my requirements. 

Posted using [Partiko Android](https://steemit.com/@partiko-android)

👍 dustsweeper, xyzashu, beco132

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properties (23)vote details (3)

voter	rshares	pct
xyzashu	7,713,092,111	100%
beco132	308,262,536	2%
dustsweeper	17,595,123,836	2.19%

@ssg-community · Oct 3 '18

Thank you for your continued support of SteemSilverGold

properties (22)

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`created`	2018-10-03 16:36:57
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`author_reputation`	94,385,030,452,488
`root_title`	"How to do good for doing good???"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
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@steem-bounty · Oct 3 '18

Buonty added

@xyzashu has set 2.020 STEEM bounty on this post!
 ![logo_for-light-bg_1000.png](https://steemitimages.com/DQmdYbGNQCwrAsveg9Yv5YeRqCCzjCYhoavinDwYLqPN9mu/logo_for-light-bg_1000.png)   <br>


Bounties are  a new way you can earn rewards irrespective of you Steem Power.  Go [here](https://steemit.com/steem-bounty/@rjoshicool/how-to-use-steem-bounty-one-of-the-most-popular-dapp-on-steem-blockchain) to learn how bounties work.

Earn the bounty by commenting what you think the bounty creator wants to know from you.

[Find more bounties here](https://steem-bounty.com/) and become a bounty hunter.

Happy Rewards Hunting!

properties (22)

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`permlink`	re-how-to-do-good-for-doing-good-20181003t182046
`category`	boinc
`json_metadata`	"{"permlink": "how-to-do-good-for-doing-good", "max_accepted_payout": "0.000 SBD", "allow_curation_rewards": false, "allow_votes": false, "author": "xyzashu", "percent_steem_dollars": 0}"
`created`	2018-10-03 18:20:48
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`children`	1
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`percent_hbd`	10,000
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`net_rshares`	0

@steem-bounty · Oct 10 '18

Bounty Payout

Congratulations to the following winner(s) of the bounty!
- @parejan has earned 0.616 STEEM. 0.6 STEEM from the creator of the bounty and 0.016 STEEM from the community! 
[Find more bounties here](https://steem-bounty.com/) and become a bounty hunter.
- @ropaga has earned 0.6 STEEM. 0.6 STEEM from the creator of the bounty! 
[Find more bounties here](https://steem-bounty.com/) and become a bounty hunter.
- @vimukthi has earned 0.6 STEEM. 0.6 STEEM from the creator of the bounty! 
[Find more bounties here](https://steem-bounty.com/) and become a bounty hunter.

properties (22)

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@steem-plus · Oct 4 '18

SteemPlus upvote

Hi, @xyzashu!

You just got a **5.67%** upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in [here](https://steemit.com/@steem-plus) to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.

properties (22)

`author`	steem-plus
`permlink`	how-to-do-good-for-doing-good---vote-steemplus
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`created`	2018-10-04 05:29:00
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@steem-ua · Oct 4 '18

#### Hi @xyzashu!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your **UA** account score is currently 3.939 which ranks you at **#3739** across all Steem accounts.
Your rank has improved 111 places in the last three days (old rank 3850).

In our last Algorithmic Curation Round, consisting of 407 contributions, your post is ranked at **#151**.
##### Evaluation of your UA score:

* You're on the right track, try to gather more followers.
* You have already convinced some users to vote for your post, keep trying!
* Good user engagement!


**Feel free to join our [@steem-ua Discord server](https://discord.gg/KpBNYGz)**

properties (22)

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@tts · Oct 3 '18

To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/xyzashu__how-to-do-good-for-doing-good.mp3)
Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.

properties (22)

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@vimukthi · Oct 3 '18

It's not a matter of rewards but practicality. There is no point of earnings if there is barely any exchange volumes or even exchange support. This is the second best option Gridcoin for an example:

https://i.imgsafe.org/53/53e1524161.png

The tech behind coin is old. No merchants. No marketing. No Budget (as opposed to Dash which had 10 million USD per month at its peak) I see the recommendation to do both Byteball and GRC. But here is the thing.

__You can choose Byteball as your team and earn extra 10% rewards.__ So the real question is "does  extra 10% Byteball is worth more than GRC rewards I'm going to get?"

The answer is in the fundamentals. Just scroll down https://byteball.org and you'll see that it is the most advanced DAG listen on Coinmarketcap. The price is down 95% from it's high. You are actually paid in 1 USD worth  Byteball per 100K WCG points. __You are not paid in Byteball amounts.__ It's almost like buying a coin in the market while the price is low.

With the potential price appreciation extra 10% Byteball is going to worth more than GRC rewards. So select Byteball as your team.

## Good Luck!

👍 xyzashu, grwd

`author`	vimukthi
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properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
xyzashu	0 B		8,639,111,552	100%
grwd	0 B		2,423,291,131	100%

@xyzashu · Oct 4 '18

$0.05

Very well put, makes a lot of sense to me! It's a good idea to be in Byteball team as long as it's market value is abysmally low. But what when prices are up? Personally, I like to distribute my portfolio into multiple coins though I agree that Byteball is among few DAG coins in existence today and GRC tech is old. But so is Bitcoin! But yeah, thanks for drawing my attention to Volume figures, that does make the case for Byteball strong.

And I wasn't aware that Byteball team is paying 10% extra on a regular basis for staying in their team. Too many things to calculate for &#128522;
Thanks a lot for your input!

👍 dustsweeper, vimukthi

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properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
vimukthi	0 B		10,108,052,026	8%
dustsweeper	0 B		17,613,769,881	2.13%

@sau412 · Oct 4 '18

$0.04

I did the math and found that for 2 oct 2018 you could receive 0.162 satoshi per WCG point when you in Byteball team, and 0.152 satoshi per WCG point when you in Gridcoin team (0.1478 satoshi per WCG point for Byteball, 0.0045 satoshi per WCG point for GRC). So yes, @vimukthi is right.

👍 vimukthi

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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
vimukthi	0 B		20,233,895,065	16%

1 reply