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>The issue is that crypto mining is the only system designed to have negative marginal utility for each GPU consumed. It literally pays people to take energy an
by starfallg 5y ago
>The issue is that crypto mining is the only system designed to have negative marginal utility for each GPU consumed. It literally pays people to take energy and GPUs away from the open market for zero incremental gain to the network.
That's because the utility is not in processing transactions but the 'security' of the blockchain, which is funny considering the most of these blockchains are still looking for a use case that justifies their market cap and yet still run into performance limitations processing transactions.