I have a new compelling idea for cryptocurrency: wot if we calculate amount of time you spent doing productive work (“proof of work”), and add it to your balance according to the performed labor
And then we introduce coin burning every time this coin is exchanged for goods and services, to remove inflation.
We have a serious environmental crisis and have decided to make it worse as part of a weird scam in just a baffling move
Unlike Bitcoin, which is based on proof of work, Chia utilizes a proof of space and time model. Chia reportedly arrives as an eco-friendly cryptocurrency. Bram Cohen, who's best known as the inventor of BitTorrent, created Chia to leverage the free space on storage devices. The basis behind Chia is that hard drives and SSDs use less power, are easier to come by and cheaper to purchase. By comparison, mining Ethereum or Bitcoin on a mass scale contributes to the electricity waste.
what if you just didn't e-mine any of this nonsesnse
reject modernity
return to cash
my graphics card randomly shut down 2 times this week and all cards cost 200% the recommended retail price right now :desolate:
Was it factory overclocked? My GTX 970 started crashing my whole computer without overheating until I downclocked it a bit. Since then no hardware crashes and performance hit isn’t noticeable.
i already feel like a clown for not putting my entire life savings into the next meme coin waiting for musk to tweet about it making the stock shoot up 1000%.
This isn't even a joke. I can't believe my PC is worth like almost double what I built it for in like November. Not trying to brag I got incredibly lucky and would be fucked if I didn't build when I did.
it's always like that with pc parts. years ago there already was a ram shortage. a year ago a power supply shortage.
when something is cheap (like ram, ssds, intel cpus and amd motherboards right now) buy now.
I was specing out an Intel build for a friend's PC but even with Ryzen shortages it's still a better deal with how much nickle and dimeing Intel does wrt CPU cooler, mobo and segmenting in general.
Depends on the exact build but yeah intel won't be significantly cheaper if at all.
After reading into this it doesn't seem like there are any measures to stop datacenters destroying the currency. They talk about making home mining possible again blah blah blah, but you have people buying bulk 12tb hard drives to enter a market where someone with exabytes of storage can enter at any time and kill everything overnight.
People are not rational with cryptocurrency (or currency for that matter). The "good" ones even have game theoretic measures to try and stop speculation but they don't work because people are not rational about crypto currency. No one wants to even use it properly as a currency (which is already bad because we should just be moving away from currency in totality).
That pile of dead computer sitting in the corner that my wife complains about all the time finally gonna be worth something....
:its all coming together:
"Expropriate the crypto-mines; re-distribute the means of PC gaming!"
— Digital Revolutionaries: Slogans of the Gamer Liberation Front in the Late 21st Century
"Energy for heat and light!" Was the rallying cry at the Feb 2027 protest against Elon Musk and Conglomerated Coin Mining Corp. Now that 99% of all energy goes to sustaining the chain that contains the wealth and investments of all global business, making industrial production, food production, light, energy, and heating have taken a backseat.
Many poors are upset.
just yesterday i said imma need to buy a new SSD and now i guess i can't wait any longer lol
my SSD is legit like 6 year so years old. It's time to upgrade it, 250gigs is a joke to try to game on. I got a 1tb HDD though for media or non-demanding games but like every fucking game now a days is atleast 50gigs if it's from a AAA studio
Crypto mining with storage has lasted for awhile I have a bit of SiaCoin which uses HDDs to mine. They suck tho I haven't opened my sia wallet in a year
