Quote:
Originally Posted by Crowbob
Can somebody explain to me in second grade English, first grade math and primary school computer what cryptomining, or whatever it is, is?
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They solve complicated maths with massive computing power (energy intensive)
The only reason for doing it, is to keep a fully encrypted and safe transactional record of every coin payment bought and sold.
And for doing that, they get coins
it's like a self fullfilling prophecy, except that it's built on hot air and has no merit. So short term yes, Long term No, it won't fullfill because it is a pure waste of resources.