<p><div class="pull-left">https://steemitimages.com/DQmYRM9s1o4PLVbKaffoZDaH3mHJSTY9QvUrZLfLoK6iZnA/image.png</div> Here is another weekly <a href="http://gridcoin.us/">Gridcoin</a> project update where I look at the project chart developments and highlight an interesting aspect. This week I will be looking at the earnings impact on whitelisted projects after the greylisting of two projects.</p>
<p>Each whitelisted project receives and equal share of the daily 115,000 magnitudes for performed research. Converted into GRC this is 115,000*0.25 = 28,750 GRC</p>
<p>At the beginning of last week, we had 26 whitelisted projects receiving each 28,750/26 = 1106 GRC but this changed on 20 February, when <a href="https://boinc.drugdiscoveryathome.com/">DrugDiscovery@Home</a> and <a href="https://universeathome.pl/universe/">Universe@home</a> were greylisted and as a result disqualified for GRC earnings. This had a positive impact on the remaining whitelisted projects, which then received an increased amount being 28,750/24 = 1198 GRC (+92 GRC) or +8.3%.</p>
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<p>So when we compare last week’s earnings per project with this week, do we still notice an increase or has it already been absorbed by the rise in RAC for each of the projects?</p>
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<p>To validate this, I used the <strong>GRC per 1k system RAC</strong> for all whitelisted projects but excluded <a href="https://sourcefinder.theskynet.org/duchamp/">Sourcefinder</a>, <a href="http://gene.disi.unitn.it/test/">TN-Grid</a>, <a href="https://pogs.theskynet.org/pogs/">theSkyNet POGS</a> and <a href="https://csgrid.org/csg/">Citizen Science Grid</a> due to work-unit supply issues (see <a href="https://steemit.com/gridcoin/@parejan/wu-availability-for-gridcoin-whitelisted-projects-21-feb-18">this</a> article for more details). In the table below I have presented the results.</p>
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https://steemitimages.com/DQmevehtqq4sNBpCcjZ3dMvmW3cTGwNyxPAnnRtmksJ65XG/image.png
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<p>Looking at the numbers, only 4 out of 20 projects have been able to keep their gains, 12 have kept it only partially and 4 have lost their gains already since last week. It is quite amazing how quickly the RAC output on the remaining projects has increased, which shows the computing power of team Gridcoin.
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https://steemitimages.com/DQmQ7REZqQpoeimXBy3fkenHUNjnhD3YU82jMSnXCug79Nx/image.png
<p>And here is the table of GRC and USD earnings per 1k system RAC plus the charts for all whitelisted projects. The definitions per indicator can be found below the charts.</p>

https://steemitimages.com/DQmUhvExPYornZsFZysAVbn1TDEDeomRAz8cPCsXNQDZ8Xm/image.png

https://steemitimages.com/DQmbEfb1LXe2mCGb3ogV4HyE2fi7x7rgszHHHQDVGy6GYZp/image.png
(Source: [<a href="https://boincstats.com">1</a>] and [<a href="https://coinmarketcap.com/currencies/gridcoin/">2</a>])
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<p><strong>Definitions</strong><ul style="list-style-type:circle">
  <li>Recent Average RAC = The total amount of RAC produced by all systems within the Gridcoin network.</li>
  <li>Team RAC vs Overall RAC % = The proportion of RAC output team Gridcoin has produced as part of the overall RAC for the project.</li>
  <li>GRC per 1k system RAC = The amount of GRC you will receive for a system per 1000 RAC points. 
<strong>Example</strong>: You have a system which is running Rosetta@home with a RAC value of 3500. According to the chart on 30-Oct, you should gain 3.5 x 0.42 GRC = 1.47 GRC per day for this system.</li>
  <li>USD per 1k system RAC = The amount of USD you will receive for a system per 1000 RAC points.
<strong>Example</strong>: You have a system which is running NFS@Home with a RAC of 4700. According to the chart on 30-Oct, you should gain 4.7 x $0.29= $1.36 per day for this system.</li>
</ul>

https://steemitimages.com/DQmQ7REZqQpoeimXBy3fkenHUNjnhD3YU82jMSnXCug79Nx/image.png
<p><div class="pull-right">https://steemitimages.com/DQmNSv5FPKWmoZdEgF3GuvNpwAxueoaWZDFv7a48HPpc8WJ/image.png</div><strong><a href="http://gridcoin.us/">Gridcoin</a></strong> is an open source <a href="https://en.wikipedia.org/wiki/Cryptocurrency">cryptocurrency</a> (Ticker: GRC) which securely rewards volunteer computing performed upon the <a href="https://boinc.berkeley.edu/">BOINC platform</a> in a decentralized manner on top of <a href="http://wiki.gridcoin.us/Proof-of-Research#Proof-of-Stake">proof of stake</a>.</p>
<p><div class="pull-left">https://steemitimages.com/DQmT2Q7sjXJgyUMRZK78HMztDkzzVZrYu14MzacW9nZj665/image.png</div><strong><a href="https://boinc.berkeley.edu/">BOINC</a></strong> (Berkeley Open Infrastructure for Network Computing) is a distributed Internet platform and was launched beginning of 2002 and it rewards participants with credits for performed work. BOINC is an application available for multiple Operating Systems and uses the unused CPU and GPU cycles on computers to perform scientific work.</p>
https://steemitimages.com/DQmQ7REZqQpoeimXBy3fkenHUNjnhD3YU82jMSnXCug79Nx/image.png
Thanks for reading. Follow me for more BOINC & Gridcoin related articles.
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