https://twitter.com/BTCNatureFund/status/1387784998460219394
It's cool to see "we the working class resent being looked down on by you wealthy coastal liberal elites" used by rich libertarian dorks to defend their expensive computing clusters. Like bitcoin nerds don't even have the faux working class aesthetic, like at least buy a pickup truck and wear some overalls when you say this shit.
It's actually so funny to see TVs and light bulbs as the examples, they're the electronics you use to joke about how out of touch boomers are as they're among the ones with greatest efficiency gains.
edit: it just occurred to me that if you hacked a new smart tv you could in fact use it to mine crypto
Eh, the GPUs on TVs are very specifically made for the task they do. Like the only reason they can do what they do is that they have specific hardware for h264 and HEVC decoding. It's actually funny if you ever get something encoded in a non-modern codec and see a smart tv completely fail at running a 480p tv show. I feel they'd be spectacularly bad at crypto mining.
Or, we could launch a crypto that verifies transactions by playing h.264 video on big screens.
Yes, Formula One cars now get 6.1 mpg up from 5.9 mpg just last year.
I actually like this metaphor for Bitcoin mining. It’s like a fucking car race where the point is just to get there first and the teams with the most money win.
One could argue that race cars often used to prototype new tech so it has some value.
they usually undervolt and underclock their cards actually because you don't hurt the performance that much while using substantially less power - which is the name of the game.
ikr, the lightbulb comment reads as sarcasm to me (except figured it wasn’t because twitter)
"So you think cargo ships shouldn't be using crude oil? Well you're driving a car! OWNED!"
Are cargo ships all that inefficient? I thought the main issue is that we do insane stuff like ship fresh vegetables half way around the world, can them, them ship them back.
AFAIK cargo ships are very efficient at moving goods over long distances, compared to the alternatives. And the bigger ships you buy the less energy you spend transporting each container.
Ships are good. What's inefficient is a global economic system that dictates that goods should be produced in one country and then loved to the other side of the world to be used. It is completely bonkers that Europe and Anglo-America doesn't produce its own clothing, smartphones and medical equipment.
That's an issue too, but cargo ships also switch to bunker fuel when in international waters which is worse than the diesel they use near shore.
I realized the liberal inside me equivocates between cost efficiency, energy efficiency, and carbon emissions.
Also I'm sure Bitcoin miners do not own or use any personal electronics devices.
"You think bitcoin mining's bad? Well you eat food and live in an apartment! Ha! Society much?"
Like, you can find other things that consume more energy than Bitcoin. Air travel is a great "We Live In A Society" critique if you just want to point at something and bemoan the sheer volume of fossil fuel consumed.
But the other side of the ahem coin on this is BTC DOESN'T FUCKING DO ANYTHING. It has ZERO USE VALUE.
Coffee. Lightbulbs. Computers used to allow speedy communication. Airplanes. All useful.
Bitcoins do absolutely nothing useful.
Bitcoin used to be useful at fetching drugs, but it can't even do that very well anymore compared to other cryptocurrencies! I think it's time we put BTC out to pasture.
I have never used anything to buy drugs except cash and it has never once failed me.
Sometimes you can't find what you're looking for in meat space, I think that's the great thing about the DNM, everything is available.
If my drug dealers aren't high right in front of me, I don't trust what they're selling.
Lol he's so used to doing the communism no iphone thing that he instinctively mentioned the price of the electronics even when they had nothing to do with his baby brained point.
Anyone I don't like has things that are too expensive and drinks a latte. This means their opinion is wrong.
If they bought these expensive things with money made by investing in imaginary internet coins, it would make them smart.
Anyone I don’t like has things that are too expensive and drinks a latte.
Sipping a coffee? Fine. Good. Perfectly normal.
Adding hot milk to your coffee? You disgusting piece of shit I hope you fucking die.
Yeah he appears to convert dollars and inches to Watts for some reason...
How are these people tech bros and also missed out that everybody and their grandma uses LED lightbulbs these days. The fuck is the constellation here.
Doesn't a single bitcoin farm use up the equivalent of a small nation's worth of power?
I think that's the total for the world. I tried to do some googling, and it's hard to get a reliable estimate on a per bitcoin mined energy usage, but even 6 years ago (when mining them was easier than now) 1 bitcoin was the equivalent of running a 65 inch TV at peak brightness for 4 months straight.
That's still pretty bad. These fuckers have no room to talk with their monopoly money pollution machines.
Yeah, I'd definitely argue that burning my retinas by watching Stargate Atlantis on repeat at peak brightness for months on end is a better use of resources than bitcoin mining.
No that's all bitcoin farming put together, which is still just, just obscene.
and it's more like a small-medium sized nation
Posted by my man from an internet cafe because he does not own a computer, working light bulbs or a TV, because he is for sure not a hypocrite.
