Quote from: 2bfree on January 09, 2014, 11:53:05 PM

Quote from: globalkeith on December 12, 2013, 07:03:37 AM

Ok, so forgive my ignorance here, but am I right in thinking that as a result of Bitcoin and the literally hundreds of alternate currencies springing up daily, we, the human race are using BILLIONS UPON BILLIONS of processing cycles to calculate worthless sums? I say worthless because the hashing is mostly wasted effort, am I right in understanding that?

Surely the logical next step here is to make this ENORMOUS BOTNET calculate something useful? I'm thinking of solving science questions, SETI, fighting cancer, or any other distributed software projects, that kind of thing?

Do any of the alt currencies attempt to tackle this, or are we still a way off actually utilising these CPU/GPU cycles for the good of our species and/the planet.

Look we have unlimited energy so don't worry, just from solar and geo energy we can go forever. The petro cartel will not let it and the parasites who rule play this global warming BS while flying in private jets and living in mentions. So if a billion of computers are burning less then 1% of electricity to give hope of killing the fiat evil central bans then lets burn that electricity! BFree!

I don't think we quite have unlimited energy .... the sun's going to explode (or is it implode) one day for a start Wink