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RE: Why Are Incentives Important in the GridCoin Reward Mechanism?

in #gridcoin7 years ago

Hmm...what if there were multipliers applied for RAC or MAG (whichever way would be easier) for people who broadly allow their hardware to work on all projects vs focusing only on a single project. It solves the distribution of processing power and simplifies the process for newcomers on how to jump right in to the frenzy.

The option would have to use some kind of preset settings to try and avoid computational waste (think 1080ti churning Milkyway WU's) and if the user really wants to use their hardware on very specific projects only they can use the advanced option (like today) and manually select projects. This way newcomers and people too lazy to figure out the performance side of crunching can still efficiently work up magnitude, learn about each of the whitelisted projects, and contribute a little bit everywhere. The hardcore people that know their quad 7990 rig is better off sitting on Milkyway 100% can still crunch that way too...

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Hi @zedy44, welcome!

Regarding your suggestion, a few points:

  1. Would that mean that people who want to crunch particular projects would be not receive such a boost?

  2. I'm not sure how this solves the distribution of processing power. Can you elaborate?