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Is there a crypto coin where the mining work isn't a useless waste of energy? Bitcoin mining (and maybe litecoin, dunno) doesn't do anything useful in the proc
by meepmorp 14y ago
Is there a crypto coin where the mining work isn't a useless waste of energy?
Bitcoin mining (and maybe litecoin, dunno) doesn't do anything useful in the process of using all those hardware and electrical resources. No protein folding, no SETI, no looking for mersenne primes - just a bunch of crypto work that gets you bitcoins. It'd be nice if you actually had to produce some knowledge to get the coins.
- gabipurcaru 14y agoHow is finding the digits of 2^57,885,161 - 1 useful?
- dchest 14y agoThis the common mistake. Mining does useful work: validating transactions.