Mining on smart contracts

[Karl]

[wrong] <- sorry I use this tag when I don't know what I'm talking about
and may be in a strange state of consciousness.

>
Hey that sounds so off-the-wall that most people would likely dismiss it,
but one chain could totally have mechanics providing for mining another
one, theoretically.

I'm not up-to-speed on all the altcoin families out there; I know a handful
of old ones.

As I mentioned earlier you could try to mine plotting coins like chia or
expensive storage coins like sia with cheaper storage chains like filecoin,
dunno how feasible that would be.

Obviously anything like this is temporary, it's just market making, but it
sits there available until somebody does it.

Many chains are proof-of-stake, meaning mining is the equivalent of holding
coins.  Hence a trading bot for any of these, such as on an ethereum dex,
could be thought of as similar to mining if it accumulates profit.

Some chains have AI components that can learn and predict things.  It might
distantly be possible to break apart some of the mining algorithms
involved, and use other chains to find ways to speed mining up, dunno.

The biggest return for the idea of mining one chain on another, aside from
storage or other basic arbitrage, could be to create a chain that
incentivises parts of the mining process of another.  For example if there
is some kind of ASIC design challenge needed to mine bitcoin, you could
make a blockchain that mines by solving that specific challenge better and
better, and that blockchain would then hasten mining technology for bitcoin.

Why are ya asking?

I don't know why using cryptocurrency would not be considered modern.
Seems like it's newer than fiat.
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