You just described time-sharing. Cryptocurrency mining is much different, in that you can commit computation resources and never get paid.
Indeed it’s much more similar to time sharing than cloud compute.
But time sharing was never as global and accessible. It was a group in a company or in a university sharing a specific machine.
The currency discussion is different too. Time sharing was just a local fee. Now people are talking about the tokens themselves can do for them.
Indeed it’s much more similar to time sharing than cloud compute.
But time sharing was never as global and accessible. It was a group in a company or in a university sharing a specific machine.
The currency discussion is different too. Time sharing was just a local fee. Now people are talking about the tokens themselves can do for them.