Medical researchers need processing power to find treatments for Coronavirus. Here’s how crypto communities are helping out.
As Coronavirus (COVID-19) continues to spread, a project called Folding@Home has turned its attention to the problem. It allows medical researchers to send calculations related to protein folding to individual users, who dedicate their computer power toward solving the problem. Then, the results are returned to researchers.
Though Folding@Home is working on several different diseases, it has recently put a focus on Coronavirus. If its efforts prove to be successful, medical researchers will be able to discover new drugs and treatments that can help end the disease. Last month, several crypto communities got involved in the search for a solution.
Reddit’s /r/cryptocurrency subreddit has pinned a post asking users who are currently mining cryptocurrency on their GPU or CPU to divert their power to /r/COVID19’s Folding@Home team. Cryptocurrency users can also sign up with a platform called Rosetta@Home, which works in a very similar way.
Right now, /r/COVID19’s team is made up of 9900 CPUs. It has completed 67,000 work units, making it the 172nd most active team on the platform. There are also at least seven Bitcoin-related Folding@Home teams, and eight other cryptocurrency-related teams, which collectively account for 3000 CPUs.
The Dogecoin community runs a Folding@Home team called Dogefolders, which has 380 active CPUs at the moment. It has completed 486,000 work units in total, putting it in 91st place overall. This is partially thanks to its long history: Dogefolders has been active on Folding@Home since at least 2014.
Unlike some teams, Dogefolders pays out cryptocurrency rewards based on the proportion of work that each user contributes to the team. These rewards are funded by donations. However, the rewards are very modest: this week, the team paid out…