datz (OP)
Sr. Member
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Activity: 295
Merit: 250
"to survive, we must live and fly"
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May 27, 2013, 11:55:09 PM |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Littleshop
Legendary
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Activity: 1386
Merit: 1003
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May 28, 2013, 12:47:54 AM |
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The reason why you can't do this is you need a hard to do, easy to verify problem. While there are a lot of cool ideas like cancer research, finding ET or weather work, all of them need human interaction to verify and most require huge data streams. None of these will work to replace hashing.
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LostDutchman
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May 28, 2013, 01:06:35 AM |
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Redirect mining power to support the superstition that is religion? Yeah, right. |
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grue
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Activity: 2058
Merit: 1431
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May 28, 2013, 01:10:18 AM |
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discussed a million times before. tl;dr answer: all "useful" computing power would need centralization.
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Tirapon
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May 28, 2013, 01:11:47 AM
Last edit: May 29, 2013, 10:42:28 PM by Tirapon |
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I saw a thread which suggested redirecting hashing power towards a project that had potential to cure cancer and other diseases - a better use of resources IMO |
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Littleshop
Legendary
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Activity: 1386
Merit: 1003
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May 28, 2013, 01:20:56 AM |
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I saw a thread which suggested redirecting hashing power towards a project that had potential to cure cancer and other diseases - a better use of resources IMO
Still has the problem of a central authority as well as it is not 'hard to do, easy to verify'. |
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os2sam
Legendary
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Activity: 3578
Merit: 1090
Think for yourself
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May 28, 2013, 01:26:30 AM |
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>> Bitcoin Mining Power Could be Put to Better Use
If you want to mine Bitcoin then do it. If you want to do something else with your computing power then do that.
I'm tired of people telling us our hashing could be doing something better.
I'll be the one to decide how to use my personal resources. THANK YOU VERY MUCH.
Sam
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A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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LostDutchman
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May 28, 2013, 01:31:27 AM |
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>> Bitcoin Mining Power Could be Put to Better Use
If you want to mine Bitcoin then do it. If you want to do something else with your computing power then do that.
I'm tired of people telling us our hashing could be doing something better.
I'll be the one to decide how to use my personal resources. THANK YOU VERY MUCH.
Sam
Thank you for your post!  |
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shantee
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May 28, 2013, 11:21:51 AM |
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So you suggest we use our hashing power to rebuild some kind of book about religion and more or less) legends ,and jewish history ?
Why not ! But I have got one question : Are we getting paid for that ?
If the answer is "no" then why would anyone here would waste even a 1 tiny khash/sec for this kind of project ?
If at least it was to help preventing tsunamis, to help to find a cure against some kind of decease I ll say , yeah why not. But from what i understood it's just to rebuild a kind of book which almost no one will ever read..What's the point ?
Actually even if hashing bitcoin or other alt crypto did not bring money I'll still rather use my hashing power for them because at least I believe they are good and useful projects.
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razorfishsl
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May 28, 2013, 12:51:13 PM
Last edit: May 28, 2013, 01:08:52 PM by razorfishsl |
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Redirect mining power to support the superstition that is religion? Yeah, right. you know... that might just work... I could sell an exorcism service where I guarantee the possessed 200MP/s (Mega prayers a second), by taking bible verses and hashing them. The Hash could be the proof that the prayer has been processed.. something like $1USD for an hour So... 1GP/s Would be 5*24 =$120USD a day.. which is way more profitable than bitcoin mining.... |
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Pionwave
Newbie
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Activity: 29
Merit: 0
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May 28, 2013, 03:04:03 PM |
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Redirect mining power to support the superstition that is religion? Yeah, right. you know... that might just work... I could sell an exorcism service where I guarantee the possessed 200MP/s (Mega prayers a second), by taking bible verses and hashing them. The Hash could be the proof that the prayer has been processed.. something like $1USD for an hour So... 1GP/s Would be 5*24 =$120USD a day.. which is way more profitable than bitcoin mining.... Sign me up, although.. I would prefer being paid in faeries and unicorns rather than USD. |
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turtle83
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May 29, 2013, 12:40:46 PM |
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Redirect mining power to support the superstition that is religion? Yeah, right. Wait are you telling me that its a superstition that people lived 1000s of years ago and they wrote "details of Jewish life along the Mediterranean, including marriage, medicine and mysticism" ? I agree religion is superstition, but... all religious documents are historically important as it gives a great deal of insight into way of life back then. Maybe something they learned back then which could help us now even. |
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buckus69
Newbie
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Activity: 27
Merit: 0
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May 29, 2013, 06:02:30 PM |
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You know what else could be put to better use? Financial bonuses, corporate profits, the equipment used to mine gold, etc, etc... |
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