Time to Start Using Bitcoin Mining for the Sake of Science

People have been complaining for a while that Bitcoin mining is wasteful and detrimental to the environment. It has been shown to consume upwards of 17% of the total global computing power. But there may be a way to harness all of that power for good; it doesn’t all have to be a waste.

The chief AI scientist of the blockchain startup company Matrix (private) believes he has discovered a way to make Bitcoin mining useful for not just the miners but for science as well. Yangdong Deng explained at this year’s BlockShow Asia that the …