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Re:One Bitcoin miner is buying 20,000 16nm wafers from TSMC ... by quickthrower2 on Monday January 22, 2018 @05:35PM (#16208682)
> "some people are wasting a lot of electricity, and you should pay them for it!"

Hard question to answer. Is it a waste? Compared to having one centralised miner plodding along at zero difficulty, yes. But it depends what new tech/ideas comes out of all this blockchain stuff. Are particle accelerators a waste?

Re:One Bitcoin miner is buying 20,000 16nm wafers from TSMC ... by chris_wot on Monday January 22, 2018 @05:39PM (#16208742)
Particle accelerators have a direct benefit. Miners, IMHO, do not provide direct benefits, only indirect ones.
Re:One Bitcoin miner is buying 20,000 16nm wafers from TSMC ... by quickthrower2 on Monday January 22, 2018 @11:20PM (#16210966)
True, I wasn't making the direct/indirect distinction. Maybe I should have, as I got whipped.