Gridcoin is great. The thing is though, the long term economic viability of GRC is basically zero, simply due to the fact that it essentially allows anyone who runs any of these BOINC projects to print money for themselves. This is a generic problem across the various projects that try to do this sort of "proof of science" type approach. Whoever controls the dataset being crunched essentially controls monetary supply.
Top 10 Essay: Thesis on data mining FREE Revisions!
Imagine yourself sitting in a stream swirling water in a pan, desperately hoping to see a small yellow glint of gold and dreaming of striking it rich. America has come a long way since the early s, but gold still holds a prominent place in our global economy today. Here's a comprehensive introduction to gold, from why it's valuable and how we obtain it to how to invest in it, the risks and benefits of each approach, and advice on where beginners should start. In ancient times, gold's malleability and luster led to its use in jewelry and early coins. It was also hard to dig gold out of the ground -- and the more difficult something is to obtain, the higher it is valued.
Mining and The Environment Essay examples
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