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RE: A way out of the (crypto)mining treadmill -- My way to Gridcoin
WoW. I love your post and i have the same feeling.
Just one point about crypto mining.
It's not a useless process. Miner are working to secure the ledger.
Strong Security has a cost.
In addition, BTC has been made to decentralize payment transaction While gridcoin to be an incentive for help BOINC.
I partly agree yes the hashes are needed to secure the network nevertheless the results itself is not usable by anything or anyone else except for this one purpose. This is not only a bitcoin problem but a problem of all pure POW coins out there. This is why more recent developments points into hybrid directions or into first we do pow and afterwards something else like POS (Ethereum). This pure POW thing is just not really eco friendly...
Absolutely agree with you.