Post
Topic
Board Bitcoin Discussion
Re: What exactly are we mining?
by
Cryptoman
on 06/06/2013, 02:03:15 UTC
It's pointless busywork designed to scale according to how many other people are doing the same pointless busywork.

Mining gold is pointless busywork; we already have all we'll ever likely need for industrial production, but people continue to do it because it has value.

I consider most of what goes on in Washington, D.C. to be pointless busywork.