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What work is a PC actually doing during bit mining?

#1thegreatsquarePosted 12/24/2013 8:23:53 AM(edited)
I've been looking all over the internet and the best answer I can get is "problem solving".

What is the problems being solved?

Is it legitimate or are miners just as likely to be cracking passwords and people's stolen CC info for other criminals?
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#2ClouddxPosted 12/24/2013 8:25:19 AM
It's prob used to crack passwords, but who the hell knows.
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#3MasterDonGeroPosted 12/24/2013 8:26:30 AM
It solves people's confidence problems.
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#4FaPaThYPosted 12/24/2013 8:35:43 AM(edited)
If I understand it correctly, they're basically verifying transactions.
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#5KalammerPosted 12/24/2013 8:56:24 AM
It rubs the lotion on the epeen...
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