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But how do you address the fundamental problem of an arms race between miners? They could end up burning 90% of the world's energy production madly calculating
by iainmerrick 9y ago
But how do you address the fundamental problem of an arms race between miners? They could end up burning 90% of the world's energy production madly calculating protein folds. Is that a good return on investment?
- TYPE_FASTER 9y agoIn my opinion, it's a better return than calculating SHA hashes with no aim other than to do work. We could prioritize computing problems by increasing the reward for working "more important" problems (find asteroids that are going to hit us?).
- iainmerrick 9y agoIt's better but not much better. How do you avoid an arms race? Who gets to decide what problems are important?