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You need to slow down, big fella. By this same argument, all data processing by Google, Facebook, Amazon, and the like are all wasted resources. Burning CPU tim
by seabird 9y ago
You need to slow down, big fella. By this same argument, all data processing by Google, Facebook, Amazon, and the like are all wasted resources. Burning CPU time on AI research is wasted resources. Using Excel is wasted resources.
Bitcoin is a transaction processing platform, the success of which is unfortunately limited by severe volatility issues. Many of these altcoins are designed to process arbitrary data, control ownership/identity, etc. Yes, there are plenty of pump and dump schemes, but you're talking out of your ass if you're trying to generally equate the usage of CPU time with "wasting energy."