Cryptocurrency Mining and the Myth of “Securing the Network”

Today, I’d like to explore the intricacies of ‘cryptocurrency mining. I’ve been mining cryptocurrency in some form or another since 2012 starting with Litecoin. Previously, I was interested in distributed computing projects like BOINC or Folding@Home. At the time, neither had any sort of incentive structure to them, so naturally I was attracted to the … Continue reading Cryptocurrency Mining and the Myth of “Securing the Network”