Early Adopters or Early Mainstream....

http://en.wikipedia.org/wiki/Diffusion_of_innovations

Glad there was a pullback, otherwise would get concerned about things
getting overextended.

Noticed that the psychologicall $10 level was frontrun

I am new to BitCoin and I have one question.

It seems that BitCoin miners are using alot of computer processing power
and electricity to get these BitCoins...but is anything utilised from all these
expense?

I know it is processing hashes or something like that...but isn't this a bit of
a waste?  I mean there are alot of Global Grid Commuting initiatives...couldn't
all this GPU cycles and power spent running these machines be put to better
use?

The amount of GPC cycles could still be monitored but the computing power
could be allocated to one of these causes?

Perhaps there is some other function that goes on...but it seems like a bit
of a waste of not only GPU but also the energy to power these machines.
so perhaps we could make BitCoin more ecological