It’s a topic that is practically inescapable these days, whether online or off. But when it comes to cryptocurrency, all that virtually glimmers is not gold.
Monero’s POW algorithm is very different from most others tho because it brings in randomization, which makes it way more efficient to use a CPU instead of a GPU and distributes what miners mine, making powerful systems get less and slow systems get more.
That is interesting and seems much less wasteful! I have thought often of my time in the 2000s using my PS3 for Folding@Home. So many processor cycles being wasted on nonsense right now
Any proof of work coin is a no go for me
Monero’s POW algorithm is very different from most others tho because it brings in randomization, which makes it way more efficient to use a CPU instead of a GPU and distributes what miners mine, making powerful systems get less and slow systems get more.
It’s still an entirely pointless waste of energy for digital drug money.
Didn’t expect the “privacy is only for criminals” take here
i like banano because its a memecoin where the proof of work is distributed computing for medical research
That is interesting and seems much less wasteful! I have thought often of my time in the 2000s using my PS3 for Folding@Home. So many processor cycles being wasted on nonsense right now