Topic: can mining algorithyms be changed to benefit humanity - page 3. (Read 3364 times)
Unfortunately, no it's not possible because you're including data from the block, as a means for block chain verification, in the problem/answer. So any math problem you use has to include that data. Second you have to be able to adjust the difficulty of the problem so that no matter how much computing power goes toward solving it solutions can remain limited over time.
Probably an ignorant question from a newbie--but
has anyone considered whether or not the math problems solved in mining operations could be changed to math problems which could benefit humanity--such as using the computing power to help research efforts supported by BOINC, for example. If you are unfamiliar with BOINC--it is an umbrella for projects which pool the idle computing power of many individuals into a "supercomputer"--to solve research questions in fields from medicine to physics to climate change.
Rather than have the math problem computers crunch to verify a block during the mining process--would it be possible to at the same time make the math problem one that would contribute to research efforts?
Cheers,
Ken
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