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Business idea, What to do with all the PoW computational power?


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Once the PoW networks are wound down, I'm figuring a lot of that computational power will be repurposed towards virtual reality environments.  What else could it be used for? The hardware mu

Funny, I was wondering about this the other day, thinking whether some similar project could be revived but rewritten using Flare/FTSOs & smart contracts. It's be particularly cool if you could ch

https://foldingathome.org/   (computing for good was based on this)

17 minutes ago, EasterBunny said:

It looks like Computing for Good and SETI@home are defunct. Are there any other projects that can use distributed computing in a meaningful way?

Funny, I was wondering about this the other day, thinking whether some similar project could be revived but rewritten using Flare/FTSOs & smart contracts. It's be particularly cool if you could choose your endeavour, then receive tokens to prove you donated X amount of computational power, then if there were applications developed based on some breakthrough, or money made by some issue being solved, you could receive partial compensation or something.

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Baggy (who has supernatural, mushroom-induced clairvoyant super-powers) posted this a second ago literally right after I replied above:

https://www.vitadao.com

Quote

VitaDAO is a decentralized collective funding early stage longevity research

Our mission is to extend human lifespan by researching, financing, and commercializing longevity therapeutics in an open and democratic manner.

VitaDAO and its members will own the intellectual property assets that result from the projects it supports. Members can join VitaDAO by purchasing VITA tokens or earning them through contributions of work or Intellectual Property.

@baggy23 <--- :wizard:

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By far most computing power in the cryptocurrency space is used by Bitcoin. The hashing there is specialized enough that it is not really possible to do anything else other than mining Bitcoin with those ASICs.

ETH seems to be just a few months away from PoS for a few years by now...

A good use for that hardware would be to be dormant as much as possible and not running 24/7 turning into e-waste faster.

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33 minutes ago, Sukrim said:

The hashing there is specialized enough that it is not really possible to do anything else other than mining Bitcoin with those ASICs.

Is there an article on this? Or would you mind elaborating?

I thought they were good for gaming, or VR. At least I know gamers who used to be mad about the chop prices going up

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