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A comment on Bitcoin and positive vs. normative economics. Parent comment

Re:Bitcoin and positive vs. normative economics by SectioAurea on Saturday December 28, 2013 @10:57PM (#6978281)
This has actually been done. You can now do protein folding and SETI (and a bunch of GMO research) while mining. Gridcoin is working with the full cooperation of the UC Berkeley BOINC project and is compatible with your choice of dozens of research projects: http://gridcoin.us
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Re:Bitcoin and positive vs. normative economics by ansible on Tuesday December 31, 2013 @10:44AM (#6990980)
That's an awesome idea. I looked into the implementation though... it uses the same software to mine litecoins, and you get a credit when running the BOINC program simultaneously. So I see that as easily abused, where you are running fake processing jobs instead.

Ideally, the BOINC processing would somehow be directly integrating into the mining itself. But again, I don't have any idea how that could actually be done. But it would be nice if that is possible.

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Re:Bitcoin and positive vs. normative economics by aaren on Sunday December 29, 2013 @10:38AM (#6979855)
But not for ASICs mining bitcoin, unless they have a BOINC implementation that somehow uses sha256 as its core.
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Re:Bitcoin and positive vs. normative economics by SectioAurea on Sunday December 29, 2013 @08:45PM (#6982578)
Correct.
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