ICO Review: US Dollar

Critique in minting/mining and production cost do warrant heavy scrutiny for any trading medium without concrete value to back it up.

Bitcoin is created by running a piece of software.

Satoshi wrote the rules so that the majority of the supply of BTC was minted to the himself and a few other users for the least amount of energy/value input to the network. In summary, the largest percentage of the supply was produced for the least amount of effort to the smallest group of users from the start.

And now miners are wasting an absurd amount of electricity in what amounts to a lottery for a paltry sum of credits in a database. All of which can be produced for much less.

It would be nice to see a minting algorithm that wasn't so easily co-opted by greedy early adopters simply hording the supply, along with resisting such a wasteful minting/production method.

Is it still worth it to buy Bitcoin? Or is Ethereum a better move?