A bitcoin-like currency where you make money by contributing your computing power to real world problems.
You know bitcoin... Currently the way to earn them is to 'mine' coins. The way to do this is to have a computer setup to crunch numbers ...bitcoins are earned by the machine by solving complex math equations. What if the math done to earn the bitcoins was more useful? For instance, in this day and age, there are several programs set up to pool computing power for, say, finding cures to cancer or helping NASA calculate distances between stars, etc. What if you earned currency based on how much you/your machine contributes to a global network made to process complex, computational, real world problems? Here are some current projects cpu power could be used for.
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, said on Tuesday that bitcoin and other cryptocurrencies are "like a giant garbage dumpster." He would rather his one-year Although Litecoin is like bitcoin in many ways, it has a faster block generation rate and hence offers a faster transaction confirmation time. Bitcoin is a digital or virtual currency created 49 votes, 15 comments. 1.1m members in the CryptoCurrency community. The official source for CryptoCurrency News, Discussion & Analysis. Indeed, riskier assets were not in style last month, but there was at least one exception: bitcoin. The largest digital currency by market capitalization surged 67% last month. After starting at In the first three years of its life, Bitcoin (BTC) operated as a means of private exchange. But, by the end of 2012, major companies like WordPress started accepting bitcoin payments. Acceptance of BTC payments by many companies means that they recognized bitcoin as a legitimate currency just like any other un-backed fiat currency. By […]
Bitcoin Faucet: Extrabtc - 4 satoshis every 0 minutes (Faucetpay)
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