One Bitcoin miner is buying 20,000 16nm wafers from TSMC per month
The amount of waste of Bitcoin Mining is incredible.<p>It is all about virtual digital mining, which is to race to find the first hash, that has X number of zeros in the front of it.<p>And this burns an incredible amount of electricity.  And all for what?  Just to show proof of work.<p>Can't there be a more useful usage of cryptocurrency mining to show proof of work?<p>Something that is more relevant to humanity.  Like protein folding?  Or planet hunting?  Or pattern analysis?  Or something else, that can be used to build an AI brain?