Permanently Deleted

  • TheCaconym [any]
    ·
    3 years ago

    Did you know a single bitcoin transaction consume as much electricity as an average American household uses in 24 days ? :cryptocurrency:

    Crypto dudes aren't just insufferable, they're actively damaging the fucking planet.

    • Wojackhorseman2 [he/him]
      ·
      edit-2
      3 years ago

      One of my clients asked me my opinion on crypto and I told him my concerns about the environmental aspect and he was like “oh you’re one of those people” lmao

    • Kanna [she/her]
      ·
      3 years ago

      This might be a dumb question, but what is it that takes that much electricity?

      • spectre [he/him]
        ·
        3 years ago

        The premise of the entire thing is that you're rewarded for having the most comupting power wasting the most energy. That's how the "currency" is "mined/minted"

      • Wojackhorseman2 [he/him]
        ·
        3 years ago

        The computer solves very complex computational problems to “mint”/create a coin so by its very nature it requires electricity to crunch those computations. And also verifying the validity of coins and owners and stuff requires some number crunching itself but i think, if im not mistaken, the bulk of the energy being used is for minting them

        • jabrd [he/him]
          ·
          3 years ago

          It's amazing that capitalism has so thoroughly run against the wall of finite resources that we're creating imaginary extraction industries. Really shows what the presumption of infinite growth does to a mfer

    • Shitbird [any]
      ·
      3 years ago

      its renewable energy tho bruh trust me bruh

      • TheCaconym [any]
        ·
        edit-2
        3 years ago

        Every bitcoin miner out there is constantly trying to find a value called a nonce, that once combined with a set of transactions and SHA256-hashed will produce a hash that's lower than a global difficulty target. This is extremely intense in terms of computation and requires vast arrays of specialized chips to do. Once a miner out there finds such a nonce, it broadcasts a set of recent transactions made by people everywhere in a block, and as an aside also obtains 6.25 fresh newly created bitcoins - this is part of how miners make money; the other is the transaction fees users are offering for their transaction to be included in the block the miner broadcasts once he has found the nonce (the amount of transactions that can be included in a block varies but is around ~2200, so a miner that just found a new valid nonce will tend to include the transactions with the highest fees in their block).

        This block creation process is both the way transactions are validated / made official between wallets but also the source of newly created bitcoin (originally finding a block rewarded you with 50 BTC; it halves every few years). The nonce guessing process described above is how the energy I mentioned is consumed: by gigantic ASIC farms that constantly try to guess this random value to be able to broadcast the next valid block.

  • thelastaxolotl [he/him]
    ·
    3 years ago

    China banning crypto transactions services will help the eviroment more than any green policy the US has passed in the last 30 years

  • hexaflexagonbear [he/him]
    ·
    3 years ago

    Oh you think Israel shouldn't be an apartheid state? Well I just found a 2500 year old urn which in ancient Hebrew says "suck on deez nuts"

  • itsPina [he/him, she/her]
    ·
    3 years ago

    :lenin-shining: :countdown: by the time this timer reaches zero you will already be dead :countdown: :lenin-shining:

  • SorosFootSoldier [he/him, they/them]
    ·
    edit-2
    3 years ago

    My backyard outside of my window is like a giant aviary anymore. The robins and other assorted birds love to bathe in the stream that runs between my yard and my neighbors, it's pretty neat.

  • fuckwit [none/use name]
    ·
    edit-2
    3 years ago

    Wow, r/worldnews and pretty much all the subs have come down hard on Israel. Conspiracy brain thinks the reactionaries got exactly what they wanted and are now shifting gears. They spent years tying all Jews and Judaism to Israel by calling any criticism of the state anti-semetic. Now that Israel is literally being Nazis and public opinion has shifted, they're going to use this to turn antisemitism up to 100.

    Who could have seen this coming.

  • JamesConeZone [they/them]
    ·
    3 years ago

    Thinking about Obama calling LeBron and telling him to stop striking and go risk his life for the owners who need to make money

  • SorosFootSoldier [he/him, they/them]
    ·
    3 years ago

    Oh you can't make in fun of non-binary people on the radio anymore, let me play the world's smallest violin for you mediocre white comedian guy.

  • hexaflexagonbear [he/him]
    ·
    3 years ago

    I'm pretty sure the new Cruella movie isn't going to be girlboss feminism, it's going to just be a Disney-fied version of the Joker movie. Like I know some people were complaining about it already, but I don't get why. It's a Disney movie, it's going to be a mediocre movie written by committee and passed through so many focus groups that the message is completely incoherent.