Message from @Dr. Blitz, Ph.D.
Discord ID: 599064201729933332
(((Bitcoin))) is what we're talking about.
IE, lots of ram
"So you put a foreign program onto your computer, it eats up all your processing power, to do a task that you don't know the outcome of, and are paid in fictional internet money?"
yes
@robert from kinoplex Your GPU is what matters
how does
Go look at the hash rate
bitcoin mining work?
You complete maths
wouldn't that inflate the currency if a random person could do it
As said, ultimately the concern is power consumption per coin.
There’s a very low supply of bitcoin
Not if you take up several thousand dollars in electricity to do it
And more people trying to mine it
High demand, low supply
The required processing power escalates.
oh
still confused
Shit seems redundant to me but I'm probably biased because I have nightmares of upgrading my GPU because crypto fucks kept buying out all the GPUs and driving up demand and price.
Heat your house with the exhaust from your computer
@Weez can you give me a tldr video for mining
So getting your compy to do math requires power.
crash when
I’m on mobile sorry
might be a nice way to get extra neetbucks
@Cowlitz every page in the ledger of bitcoin has a math quiz tied to it, so solving the problem = bookkeeping
uh
yes
It’s a shame that the calculations aren’t useful for something
a jap invented it
Like science or some shit
Wrong
true
then again we have plenty of that already
Tbh, what is the endgame of bitcoin
It’s likely an Anglo
Based on his language
@Dr. Blitz, Ph.D. a banking system that doesnt have banks
ok cool
Cash it out like stock lol