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Imagine if they were all running Boinc instead. We might have cured Zika already. Gridcoin pays cryptocurrency for 'mining' through a proof of work concept usi
by axonic 10y ago
Imagine if they were all running Boinc instead. We might have cured Zika already.
Gridcoin pays cryptocurrency for 'mining' through a proof of work concept using Boinc credit.
But who cares where the carbon emissions from all that mining go? Someone else's atmosphere, no? At least a productive output would offset the needless waste.
A quote: "Researcher Sebastiaan Deetman came to the conclusion that at bitcoin’s current level of expansion, it will require 14 gigawatts of electricity to run by the year 2020 — an amount of energy equivalent to that of a small country, like Denmark. At the current time, a single bitcoin transaction requires as much electricity consumption as the daily consumption of approximately 1.6 American households."
via http://www.breitbart.com/tech/2016/04/03/bitcoin-could-consume-as-much-energy-as-denmark-by-2020/ http://www.breitbart.com/tech/2016/04/03/bitcoin-could-consu...