Conversation

Notices

1. Danyl Strype (strypey@quitter.se)'s status on Wednesday, 04-Apr-2018 20:58:39 UTC Danyl Strype
   @natecull I'll have another look at the docs but I'm pretty sure this is a) wrong and b) one of the most common #BitCoin misconceptions
   • Danyl Strype (strypey@quitter.se)'s status on Wednesday, 04-Apr-2018 05:54:27 UTC Danyl Strype
     Every time someone explains #BitCoin without saying that "mining" processes transactions, god kills a #KittenCoin
     https://vimeo.com/63502573
   • Danyl Strype (strypey@quitter.se)'s status on Wednesday, 04-Apr-2018 05:58:02 UTC Danyl Strype

     in reply to
     This video is only about 5 mins long and explains how #BitCoin works pretty well IMHO
     https://www.youtube.com/watch?v=l9jOJk30eQs
   • Danyl Strype (strypey@quitter.se)'s status on Wednesday, 04-Apr-2018 20:59:10 UTC Danyl Strype

     in reply to
     @natecull ... thus my quip about killing a #KittenCoin
   • Danyl Strype (strypey@quitter.se)'s status on Wednesday, 04-Apr-2018 21:07:24 UTC Danyl Strype

     in reply to
     @natecull see the second video I posted as a reply to the first, which explains the useful purpose that spent electricity actually serves
   • Danyl Strype (strypey@quitter.se)'s status on Wednesday, 04-Apr-2018 21:08:32 UTC Danyl Strype

     in reply to
     @natecull I think it's fair to say that space heaters waste electricity by not doing computing with it as they convert it from elec > heat
   • Danyl Strype (strypey@quitter.se)'s status on Wednesday, 04-Apr-2018 21:10:31 UTC Danyl Strype

     in reply to
     @natecull but the incentives #CryptoCoins create lead to that problem being solved too:
     https://futurism.com/cryptocurrency-heater-qarnot/
   • Danyl Strype (strypey@quitter.se)'s status on Wednesday, 04-Apr-2018 21:12:06 UTC Danyl Strype

     in reply to
     @natecull now the concept exists, imagine what others kinds of useful computing could be done on specialized space heaters (eg Folding@Home)