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Title: Mine for something meaningful? Post by: bitcanada on May 19, 2011, 11:55:26 PM Hi All,
I'm wondering, right most of the bitcoin processing power is used to resolve blocks, which are not used for anything except as "proof of work"? What if instead bitcoin was implemented to do something useful, like help folding@home? Wouldn't that be better? Please vote! Title: Re: Mine for something meaningful? Post by: goatpig on May 19, 2011, 11:58:34 PM no
Title: Re: Mine for something meaningful? Post by: jimbobway on May 20, 2011, 12:00:26 AM ideally that would be good but bitcoin is not implemented that way for a number of good reasons.
Title: Re: Mine for something meaningful? Post by: FreeMoney on May 20, 2011, 12:00:34 AM If that can be done then you should show us how. It's like saying "Hey, all that work you're doing to make medicine should make food at the same time". Yes, that would be great. Please tell us how to do it.
Title: Re: Mine for something meaningful? Post by: Garrett Burgwardt on May 20, 2011, 12:01:20 AM Hi All, I'm wondering, right most of the bitcoin processing power is used to resolve blocks, which are not used for anything except as "proof of work"? What if instead bitcoin was implemented to do something useful, like help folding@home? Wouldn't that be better? Please vote! We're already hashing something important, security work for the bitcoin block chain and economy. Also, it's so far been impossible to find a way to make other 'more useful' data work as proof of work. Title: Re: Mine for something meaningful? Post by: anisoptera on May 20, 2011, 12:16:25 AM Title: Re: Mine for something meaningful? Post by: theboos on May 20, 2011, 12:45:03 AM
Title: Re: Mine for something meaningful? Post by: theymos on May 20, 2011, 01:58:21 AM I voted "yes" because Bitcoin mining is useful.
Title: Re: Mine for something meaningful? Post by: rezin777 on May 20, 2011, 02:07:23 AM I voted "yes" because Bitcoin mining is useful. Rebel! Title: Re: Mine for something meaningful? Post by: DATA COMMANDER on May 20, 2011, 07:33:40 AM OP, why do you beat your wife?
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