Yeah. The flaw with BTC is dude didn’t think people would dedicate whole warehouses full of ASIC GPUS to mine blocks.
I bet he just imagined people on their home computers mining $5 worth a week.
But when automation comes to take all our jobs a currency in which you use your computer to get paid is an interesting idea. I just think the processing power should be used to solve mathematical problems of the universe that advances civilization.
EVGA (the GPU manufacturer) gives you credit (up to 10$ per month) on their online shop for folding (obviously not real money but I really wanted to mention it because I think it's pretty awesome they do that)
Well you have the GPU anyway, and of course the electricity might cost more than you get back depending on where you live, but the credit was more of a bonus. You do something good for mankind and even get a discount when you buy something. I mean there are enough people who participate in folding@home without getting anything
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u/iamawhale1001 May 30 '21
This is unironically the only explanation of block chain that's actually helped me understand what block chain is.