Mining for Noobsstealing electricity 101

So I'm a little curious about Gridcoin because I think a cryptocurrency based around BOINC is interesting and valuable. I know most mining gives rewards based on proof of work, but how does proof of stake and proof of research work differ and does it have big differences in required hardware? I just like the idea of getting some digital monopoly money for folding at home.

 

Very good article. Of course, I've been saying this too, but I didn't have the technical knowledge or inside information to basically prove it.

I'd bet the vast majority of anyone who actually did manage to eke out a profit with GPU mining in the last couple years did it during the huge run-up in price and that it would be virtually impossible to turn a profit doing this now.

 

It used to be much bigger. It's going to continue shrinking as it is completely unsustainable. There were enough idiots buying GPUs to mine various cryptocurrencies that it drove the price of the ones gamers use through the roof, and gaming-oriented GPUs are far from niche. The gamers who threw shit fits about this will be pleased if most of those people turn out losing money.