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Topic: Waste a lot of power to dig out a series of mathematical solutions, bitcoin, Eth (Read 84 times)

hero member
Activity: 2086
Merit: 603
Waste a lot of power to dig out a series of mathematical solutions, bitcoin, Ethereum, dogcoin, is it meaningful? Why not use these computing power to solve the problems in reality, such as the development of new drugs for nuclear fusion, which are about the fate of human beings.

Well, then tell that to the scientist or may be a government and they might think about it.

This tech was invented by Mr. Satoshi and he had vision of decentralised economical sphere. He did his excellent work in achieving that and it was one of the discovery that helped humans to excel in the field.

If we talk about the scientific exploration then that is another dimension and requires another kind of expressions.

The input of data required for scientific exploration is taken from the practicals, findings, from physical to chemical tests and more!
Science is big word, the applied mathematics is already used to compute the physics problems.

We are also onto a Quantum Computer to solve the mysteries of Universe.

So I am not sure about what you are arguing here or upset about.  Cheesy
legendary
Activity: 1876
Merit: 4532
Waste a lot of power to dig out a series of mathematical solutions, bitcoin, Ethereum, dogcoin, is it meaningful? Why not use these computing power to solve the problems in reality, such as the development of new drugs for nuclear fusion, which are about the fate of human beings.
How much energy people spend on going to work and getting a salary, and in the end they spend money on useless and in most cases harmful to their own health things. Why? ( a rhetorical question) Smiley
We can talk about decentralization, about the right of every person to own coins that no one can take from him if he does not know the seed phrase or password, but this has already been discussed many times.
hero member
Activity: 1764
Merit: 696
[Nope]No hype delivers more than hope
Why not use these computing power to solve the problems in reality, such as the development of new drugs for nuclear fusion, which are about the fate of human beings.
Didn't crypto solutions cover many sectors all this time? Banking, health, education, agriculture? What else are you looking for?
Unfortunately, in the end we still have to become slaves to human greed. More precisely, whatever sector you will be interested in because it has business opportunities. For a long time, people have been fighting for their own fate, without waiting for a (really) super hero to save human beings. And business does promise their fate.

"Nowadays nothing is free".
sr. member
Activity: 966
Merit: 306
Waste a lot of power to dig out a series of mathematical solutions, bitcoin, Ethereum, dogcoin, is it meaningful? Why not use these computing power to solve the problems in reality, such as the development of new drugs for nuclear fusion, which are about the fate of human beings.
You can use your power for anything you want if it is legal in your nation.

Cryptocurrency mining with GPU cards is not different than gamers use GPU cards to play games. Why are you serious with mining? If there is no mining, same number of GPUs will be used by gamers. Usages mean power consumption.

The only reason people raise question about mining is: Cryptocurrency mining brings money to miners, sometimes a fortune. People raise questions because they are jealous with crypto miners.
full member
Activity: 1568
Merit: 100
COMBONetwork
Waste a lot of power to dig out a series of mathematical solutions, bitcoin, Ethereum, dogcoin, is it meaningful? Why not use these computing power to solve the problems in reality, such as the development of new drugs for nuclear fusion, which are about the fate of human beings.

Yes, but the rewards and profits that you are going to get and solved this mathematical problems.

I think you totally misunderstood it, you can't compare development of new drugs to bitcoin or fate of human beings. They are very different, they spend time and money and resources finding the solution, while bitcoin the solution is already there, it is fixed, in 10 minutes or so you will find a block. But finding solutions for let's say cancer takes years a a lot of trial and error.
The parable that you say is easy for the layman to understand and again comparing things like that is simply absurd,
what is certain is that your explanation is very helpful for people who misunderstand or don't understand cyrptocurrency at all,
with things like this I hope people can understand cryptocurrency
hero member
Activity: 2842
Merit: 772
Waste a lot of power to dig out a series of mathematical solutions, bitcoin, Ethereum, dogcoin, is it meaningful? Why not use these computing power to solve the problems in reality, such as the development of new drugs for nuclear fusion, which are about the fate of human beings.

Yes, but the rewards and profits that you are going to get and solved this mathematical problems.

I think you totally misunderstood it, you can't compare development of new drugs to bitcoin or fate of human beings. They are very different, they spend time and money and resources finding the solution, while bitcoin the solution is already there, it is fixed, in 10 minutes or so you will find a block. But finding solutions for let's say cancer takes years a a lot of trial and error.
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
... such as the development of new drugs for nuclear fusion, which are about the fate of human beings.

I had no idea that the fate of human beings depends on the development of drugs for nuclear fusion. It doesn't seem to make sense.
I think you're making stuff up.
member
Activity: 289
Merit: 40
Waste a lot of power to dig out a series of mathematical solutions, bitcoin, Ethereum, dogcoin, is it meaningful? Why not use these computing power to solve the problems in reality, such as the development of new drugs for nuclear fusion, which are about the fate of human beings.

Hey people its a Karen!
member
Activity: 252
Merit: 12
Sigh! If these coins are that useless as you said why are people investing in them? Even if people are stupid are the big names around the world stupid too? Sit back and relax then think very well what BTC especially is solving in this world today, tsk tsk tsk DYOR
newbie
Activity: 18
Merit: 0
Waste a lot of power to dig out a series of mathematical solutions, bitcoin, Ethereum, dogcoin, is it meaningful? Why not use these computing power to solve the problems in reality, such as the development of new drugs for nuclear fusion, which are about the fate of human beings.
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