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0 pointslatchkey3y ago0 comments

Correct on both counts. The profit model just isn't sadly there yet. But it also wasn't there for Bitcoin in 2009 or ETH later on and people still bought hardware to mine.

0 comments

danielmarkbruce3y ago

That's because it's not a compelling service. It's been possible since the internet started and never took off.

One of the most compelling services in the history of computing is the opposite - a centrally controlled service offering computing resources in return for standard, government issued currency. Throughout all computing, centrally controlled shared resources has been a compelling value prop.

latchkeyOP3y ago

> That's because it's not a compelling service.

In your opinion.

There are a lot of indications that say otherwise, you just need to look around a bit.

danielmarkbruce3y ago

It appears to be the opinion of the market.

Where are the indications? There are dozens of services using something like this, none of them have gone mainstream in the 50 (maybe 25 from a practical perspective?) years it's been possible.

j / k navigate · click thread line to collapse

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danielmarkbruce3y ago

That's because it's not a compelling service. It's been possible since the internet started and never took off.

latchkeyOP3y ago

> That's because it's not a compelling service.

In your opinion.

There are a lot of indications that say otherwise, you just need to look around a bit.

danielmarkbruce3y ago

It appears to be the opinion of the market.

Where are the indications? There are dozens of services using something like this, none of them have gone mainstream in the 50 (maybe 25 from a practical perspective?) years it's been possible.

j / k navigate · click thread line to collapse