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So, will all this wasted effort be redirected towards something useful at last?

• wmf 4y ago
  Nah, it'll be used for "Uber for X in the metaverse".
  • kristopolous 4y ago
    Hopefully with interest rates rising less stupid money will be available and we can reorient efforts towards things of values and needs. You know if we collectively insist on it. We gotta all say no to bullshit somehow.
    • nightski 4y ago
      Yeah I said no to Google & Facebook a long time ago.
• viraptor 4y ago
  Don't expect it. There's always some get-rich-quick scheme, or another research-this-investment idea. Something always fills the void. Bitcoin is just one of the biggest we've seen since everyone and their dog were buying shares / penny stocks.
  • thomasz 4y ago
    Most pyramid schemes do not require massive amounts of energy.
    • wiseowise 4y ago
      That's what gives this scam substance. Easy to dismiss with "iT iS bAcKed bY eLeCtRiCiTy sPeNt".
• deleted 4y ago
  [deleted]
• stephen_g 4y ago
  Apart from the energy that has been wasted, it really pains me to think how much fab time, chemicals, wafers, etc. have gone into producing ASICS that just perform pointless busy-work… I wish at least mining rigs were useful for anything else…
• md2020 4y ago
  This comment is smug and offers nothing to the discussion.