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Re:The Bitcoin Lottery by amackera on Tuesday May 17, 2011 @02:04PM (#2557208)
It is doing something useful, it's computing and keeping track of transactions that occur across the network.
Re:The Bitcoin Lottery by Groxx on Tuesday May 17, 2011 @02:53PM (#2557403)
And providing security against attacks. The more legitimate miners, the harder it is to gain control of the system.