Meet the ‘miners’: The shadowy group making a killing from the Bitcoin bonanza

I understand. Joking aside OK, let's say we want to REALLY help them. Why the hell would we fuck them with bitcoin and its $20 fee and obsolete tech, when there are at least 5 alt coins with better features and much much cheaper fees?

And don't tell me bitcoin is going to improve, because I those 4 billion unbanked are getting old.
Why should we wait for a crypto that has proved that its miners/users are unable to reach consensus when anyone who CARES about the unbanked could just start a new coin with better features and better distribution.

For fucks sake, after 7 years it is still 4 tx/s, those poor bastard 4 billion people will get really pissy when they have to wait 3 days for a confirmation... :(


Agree, I said not bitcoin. Stellar Lumens is designed for this market.
 
Using valuable energy for absolutely nothing. Well done, what we need is more pollution for zero benefit.
Wait till Elon Musk announces he's launching a fleet of cube-sats into low earth orbit that suck their computing power from the sun and essentially execute all blockchain computational transactions fossil-fuel free.
 
Using valuable energy for absolutely nothing. Well done, what we need is more pollution for zero benefit.
To be fair, crypto mining does use less energy than gold mining. At least the tradie/miner is using solar power. Maybe crypto mining will lead to further development in solar tech?
 
Wait till Elon Musk announces he's launching a fleet of cube-sats into low earth orbit that suck their computing power from the sun and essentially execute all blockchain computational transactions fossil-fuel free.

Dyson sphere shit. Soylent is made of people man.

The people on this planet need one thing, and one thing only. Food. Without food, all the rest matters not you see. I am suddenly very tired. Vanz, make it so.
 
To be fair, crypto mining does use less energy than gold mining. At least the tradie/miner is using solar power. Maybe crypto mining will lead to further development in solar tech?

Gold is mostly used for jewelry but it does have some industrial uses as well. Both have some sort of real benefit though, even if it's just vanity.
 
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