A single bitcoin transaction generates the same amount of electronic waste as throwing two iPhones in the bin. Study highlights vast churn in computer hardware that the cryptocurrency incentivises

1

DALL-E

#AI #Design Tools #Action 196 social mentions

2

CureCoin

In terms of money yes, in terms of value... If you could make the proof of work calculate something that solves a real-world problem then you'd be driving the cost of solving that problem down. There's been some attempts to do this already, e.g. CureCoin which uses block calculations to help solve protein folding structures, which are necessary for advancing medical research notoriously processor-intensive to calculate.

#Cryptocurrencies #Blockchain #Online Payments 16 social mentions