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I'm mostly clueless to how crypto works. Does ethereum use all that processing power for something or is it 100% to generate "new ethereums"? :marseyquestion:

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Ethereum is meant to be a giant decentralized computer that runs programs called "dApps", ether (the actual cryptocurrency) is what you pay to use some of the miner's processing power.

The technology is actually pretty cool but 90% of these dApps are godawful gacha tier games only meant to shill NFTs.

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