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My Little Pony
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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