You are viewing a single comment's thread from:

RE: Your Daily Crypto News on Steemit September 5, 2017

in #news • 7 years ago

That sure is a lot of energy.

I wish they would come up with a better system. Now, the more popular bitcoin becomes, the more miners. The more miners, the harder it becomes to find a block. More and more resources are used.

Contrast this with something like Gridcoin. They pay miners for running boinc, which provides scientific research. The more miners, the more resources used, BUT, the more scientific research is accomplished.

7 years ago in #news by
$0.09
1 vote
Reply 2
Sort:  
  • Trending
    • [-]
     7 years ago  

    Yes it is not more that easy to mine BTC like in 2010 but there is a lot other good coins to mine and these we can change into BTC . Din't know about Gridcoin have to check that out sounds for sure interesting thanks for telling me. Have a nice day and stay tuned for tomorrows crypto news (:

    $0.00
      Reply
      [-]
       7 years ago  

      Thanks!

      I think it is a great concept!

      So many coins, so little time. :)

      $0.00
        Reply