Bitcoin has lots of problems. But some say one in particular has received scant attention: "mining" the currency requires solving random equations that are ultimately pointless. This uses up a lot of computing power and energy, and it's all a total waste. Primecoin seeks to address this problem. The digital currency, whose home for now remains at coding site Github, would be "mined" instead by contributing to massive computing projects like Stanford's disease-cure software or SETI, the project to search for extraterrestrial life. Or, as its name suggests, tracking down long chains of prime numbers.
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