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RE: Website www.gridcoin.science Updated to V1.1 - Bug Fixes Live, most GitHub Issues Closed.
Just had a look at the website and ill be honest, I'm, not 100% on what gridcoin is but the projects have sparked my interest. Thanks for sharing!
The projects obtain compute power through volunteers, who do the research work by running the software BOINC. What Gridcoin does is reward that volunteer work. Initially, this helped the volunteers to offset their power costs, but now it is possible to turn a tidy profit for contributing to science.
For example, I am being paid to help search for pulsars near the galactic core.
And this should be written on the website.