Monte Carlo simulations play a crucial role in all stages of particle collider experiments. There has been a long-term trend in HEP of both increasing collision energies and the luminosity. As a result, the requirements for MC simulations have become more rigorous: Their computational complexity has increased due to higher accuracy requirements. Additionally, more simulation data is required to allow data analysts to spot Standard Model deviations in observations of real data and enable the filtering of rare events. In order to keep up with the computational complexity of simulations and analysis of real data, distributed computing approaches are commonly employed. For instance, CERN relies on the Worldwide LHC Computing Grid (WLCG) in order to be able to store, process, distribute and analyze collision data. Since not every HEP experiment has access to these resources and the addition of new Grid servers is a complex process, this publication explores a novel distributed computing approach for HEP which is based on blockchain technology. It features the description of a novel Proof-of-Useful-Work consensus algorithm which aims to both support real-world HEP experiments with the production of required MC data and to secure the underlying blockchain infrastructure at the same time. Instead of being an alternative to WLCG or BOINC projects that rely on volunteer computing, it aims to be a complementary source of additional computing power. This publication also features a brief introduction into blockchain fundamentals and comparisons to existing distributed computing approaches.