1

When computers are mining now, they're actually trying to break nonsense codes. Can't all that processing power be used to do better things with like gridrepublic etc.?

  • Note that these days, much mining is done by dedicated hardware such as ASICs, which are designed for a single computational task only and are not useful for other work. – Nate Eldredge Nov 22 '13 at 1:22
0

Yeah it could be it's just not the type of proof of work algorithm that was used. Some crypto-coins have since been implemented that are somewhat useful, such as Primecoin.

Not the answer you're looking for? Browse other questions tagged or ask your own question.