Chia uses “Proof of Space Time” which leans in the direction you’re describing.

It is impossible, because time, unlike electricity, is free.

The supply of time is absolutely fixed, and therefore the marginal cost of time is infinite.

So, you would take a job paying a cent per day, because your time is free?

Time is free. My usage of that time is not.

We are talking about computer time here. It's cheap to spin up 1000 tiny aws instances.

As long as they're somebody else's instances, and you're a criminal who broke into their account.

And that still destroys the environment and enriches Jeff Bezos.

Forget stealing data — these hackers hijacked Amazon cloud accounts to mine bitcoin:

https://www.businessinsider.com/hackers-broke-into-amazon-cl...

>A report from the security intelligence group RedLock found at least two companies which had their AWS cloud services compromised by hackers who wanted nothing more than to use the computer power to mine the cryptocurrency bitcoin. The hackers ultimately got access to Amazon's cloud servers after discovering that their administration consoles weren't password protected.

This is silly, computer time certainly isn't free and almost anything scaled up on a cloud service can become very expensive within minutes. Just go look at the poor developers that make 1 mistake in their Lambda code and get charged $80,000.

Waiting for PoWaaS.

That exists long ago, look at nicehash.com

That’s the idea in Proof of time and space used by chia.net

You probably haven’t heard of this coin/network (invented by the inventor of bittorrent) b/c it doesn’t aim to be a speculative asset, but it does have a very sane programming model (in lisp)