RE: ~USD$540 of GRC Rain Released on YAFU and DrugDiscovery@home

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~USD$540 of GRC Rain Released on YAFU and DrugDiscovery@home

in gridcoin •  7 years ago 

How do this rain system work? I'm pretty curious.

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  ·  7 years ago (edited)

Any user can use their wallet to generate rain with their funds, and distribute it on a project of their choice. If a user rains 1000 GRC on project X, and you are currently contributing 10% of the total compute power to project X, you receive 10% (100 GRC) of the rain.

While the Gridcoin network rewards a base level of compute for all projects on the whitelist, this enables a project admin to draw in even more compute power to their project.

Understood, thank you!

You're welcome. =)

Do you 'mine' Gridcoin?

No, no, I'm just trading for now.