Folding and SETI have been at it for decades, and will be for decades more. That'd be a lot of power/hardware costs for little net gain modulo time spent.
(Note: 30 cpu years really isn't a lot of time when you start getting truly massive parallelism, and google is certainly at that scale. I'm honestly surprised to see this is pthreads based, I would have expected it to lean heavily on CUDA (or maybe I'm just showing my naivete to the field of parallel programming))