4 ms·
> It's the most fundamental and pure form of value added manufacturing. When you view miners as electricity refineries, it's pretty simple. I guess that's the
by lostdog 5y ago
> It's the most fundamental and pure form of value added manufacturing. When you view miners as electricity refineries, it's pretty simple.
I guess that's the case if your refinery is producing absolutely nothing of value.
That's the overall point of critics: web3 has huge costs for tiny (and disputable) benefits.
Even your comment lacks any benefits of web3. Making electricity more expensive isn't a benefit at all. It sure won't put a colony on the moon. And we were already able to turn electricity into "information" using an invention called a "computer."