Login  Logout  Edit User Info  Create Account Not Logged In
Page - [ 1 2 3 4 5 ]
New Post  Index   
Reddit Lounge - Forum Status - Fiefdom - nBlog - Upload - VOTE - . - . - .
[Return to Index]
From: KingDog
My Little Pony
17:12 12/07/2017
Viewed: 44 times
Subject: Can anyone explain the value that mining is providing? - [Edit Post]          1   0

I talked with some bitcoin guys at a conference in LA and they weren't really able to explain to me the value of mining.

As far as I could understand it was a huge resource waste of power. If I work at a burger joint for minimum wage then at least I'm providing some value to society through service. If I just suck already diminishing energy resources with huge banks of computers to mine a bitcoin, what value am I providing for my efforts?

Post Edited - 05:12:46 PM 12-07-2017
Oh Yes!

Papyrus Forum System v3.00 by nPawn & Friends
Want to help?