Post
Topic
Board Bitcoin Discussion
Re: All this mining is ultimately meaningless
by
DeathAndTaxes
on 12/12/2013, 07:06:09 UTC
They aren't useless the secure the network.

If you decide to open a bank so you pay a contractor a lot of money to build a secure vault, and then you install lots of cameras, pay for an alarm system, and hire security guards .... and then the bank never gets robbed (maybe because the security is too tight) was it a waste of resources?