I dont think so, I have been running BOINC for a decade and the Gridcoin client on Windows for many versions and I have never had a BSOD problem. I even game on my PC while the client is running, and I have the SolarCoin wallet open, as well as sometimes Handbrake transcoding hi-def content.
I think its something with your machine.
UPDATE: I had another BSOD with only Firefox open. I will post another article when I complete my investigations.