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Author Topic: Bitcoin: The Only One of Its Kind  (Read 732 times)
humanage (OP)
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March 03, 2012, 04:26:32 PM
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Is Bitcoin really the only way to make using your computer's power? Folding @ Home is sorta like it, but it's a charity thing with no profit(I guess you can count pride though). Has anyone seen something like Bitcoin mining before?
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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cbeast
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March 03, 2012, 04:33:14 PM
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Cryptographic signature have been around a long time. P2P file sharing is fairly new. They are like chocolate and peanut butter, it was only a matter of time before someone put them together.  Cheesy

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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March 03, 2012, 04:46:39 PM
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Is Bitcoin really the only way to make using your computer's power? Folding @ Home is sorta like it, but it's a charity thing with no profit(I guess you can count pride though). Has anyone seen something like Bitcoin mining before?
Distributed computing is not limited to Folding.

There are dozens of other interesting projects out there

http://boinc.berkeley.edu/

But well, except bitcoin and distributed computing i think that no, there isn't anything you can crunch on your computer.

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March 05, 2012, 04:30:00 PM
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Is Bitcoin really the only way to make using your computer's power?

Yes.  Mining bitcoins is the only productive thing you can do with your computer.  If you're not mining there's nothing left but LOLCats and porn.
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March 05, 2012, 05:11:47 PM
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We could mine while looking at LOLCats
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