What math problems are they trying to solve when mining for crypto?

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What kind of math problems are they solving? Is it used for anything? Why are they doing it?

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Anonymous 0 Comments

If you are asking whether they are solving real world problems which somehow solve an engineering or science challenge somewhere, then No. They are hard math problems only for the sake of regulating/choking the process of creating new money.

This is how most blockchains work. There are new blockchains where the math problems are actually a real world math problem whose solution would help someone somewhere in the world

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