3 ms·
why would mining something make it valuable? I can dig up rocks in a field and they won't be valuable just because I'm tired and sweaty and don't have anything
by sharkjacobs 4y ago
why would mining something make it valuable?
I can dig up rocks in a field and they won't be valuable just because I'm tired and sweaty and don't have anything else to show for it
- noselasd 4y agoYou could convince investors there's gold in there and give you money to extract it. (and run away with the investors' money)
- strictlymomo 4y agoChange the word mining to computing, and it’s more intuitive. A network of nodes compute stuff together, making data available across the network. It’s like asking why is a distributed network valuable. During the process of computing, the network validates stuff about the data, guaranteeing it properties, so that people can rely on it to a certain degree when reading from and writing to it.