Re:Bitcoin Miners Fried in Game of Chicken
by singularity2001 on Tuesday February 06, 2018 @07:24AM
(#16315799)
Looking forward to the first deep learning framework that puts all these energy-burning-machines to good use.
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Re:Bitcoin Miners Fried in Game of Chicken
by slig on Tuesday February 06, 2018 @07:35AM
(#16315841)
Miners use specialised hardware (ASIC - application-specific integrated circuit) to mine. They are only useful to calculate hashs efficiently.
Re:Bitcoin Miners Fried in Game of Chicken
by singularity2001 on Tuesday February 06, 2018 @09:18AM
(#16316322)
is there no way to make 'good' use of them?
whoever comes up with an idea might become a billionair.
Re:Bitcoin Miners Fried in Game of Chicken
by Isomatik on Tuesday February 06, 2018 @11:48AM
(#16317453)
Proof of work is intentionally useless to the miner to increase the cost of attacking the network. There are initiatives like curecoin and foldingcoin which integrate folding@home into their proof of work, but the output of that is still "useless" to the miner and relies on the folding@home team not manipulating the process, which becomes a bigger risk once hard rewards for folding are introduced.