Re:Asia-Pacific is home to a rise in new self-made billionaires
by hndamien on Saturday February 09, 2019 @07:15AM
(#19121920)
They provide network security in exchange for money.
Re:Asia-Pacific is home to a rise in new self-made billionaires
by cromwellian on Saturday February 09, 2019 @05:31PM
(#19125101)
The people who own most of the hashing power (esp those in China) aren't interested in network security, they're interested purely in money.
It's the true believers who think cryptocurrencies are going to save the world from centralized banks who are getting scammed.
However, the vast majority of people purchasing ASIC miners think they're going to make money from them.
Another example: GPUs, some people bought em for mining, but independent of mining they accelerate games and digital content creation, and lots of other useful computation.