Bitcoin mining

[MrBlobby]

Does bit coin mining actually achieve anything of value, I mean is it like SETI or folding DNA or is like calculating Pi over and over again !! ?

 

[MrBlobby]

I know you earn Bitcoins but do but apart from the coins is the computer doing anything that benefits someone.?? I'll have a look through the thread above too thanks

 

[MrBlobby]

Looks like the Winklevoss are idiots

http://www.telegraph.co.uk/technolo...voss-twins-back-bitcoin-as-bubble-bursts.html