Post
Topic
Board Altcoin Discussion
Re: Making PoW usefull
by
bitwho
on 10/01/2015, 07:05:18 UTC
a small miner fish complaining about "not-fairness" is like a small traders complaining it can not buy $10 worth of microsoft stocks like it did decays ago.

. . .
(Red colorization mine.)


Wouldn't it be possible to make use of all those ~250 Phash/s of computer power that we today waste on solving fabricated algorithms? The essence of the Internet is information, so if we are looking for something concrete to be mined, encrypted information seems like a valid contender.

. . .
(Red colorization mine.)

Would you care to try that again?

unrelated to OP more so related to people mocking bitcoin POW no?