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I would blow Dane Cook posted:Is there anything that's going to replace Ethereum as a source of income for GPU miners? All I can see is a few shitcoins that don't have nearly enough value to soak up all the miners need for revenue to pay for electricity. Large-scale distributed neural networks. Ups_rail posted:*sigh* so to explain the joke. Those countries are under sanctions. 2 of those countries have used crypto to work around said sanctions. So thats like 1 layer to the joke. I know it was a joke. You thinking this "joke" is funny still reveals a lot about how you view the world.
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Sep 9, 2022 16:02
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............
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Aramis posted:Large-scale distributed neural networks. but that's not generating income though?
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Sep 9, 2022 16:07
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Aramis posted:Large-scale distributed neural networks. Do you wanna be my internet friend? We can chat on AIM or follow eachother on live journal.
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Sep 9, 2022 16:12
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Ups_rail posted:*sigh* so to explain the joke. Those countries are under sanctions. 2 of those countries have used crypto to work around said sanctions. So thats like 1 layer to the joke.
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Sep 9, 2022 16:20
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Splicer posted:Of course you shouldn't! You should be burning brand new tires. That reminded me of a Captain Planet episode. One of the villains built a refrigerator factory, but at the end of the assembly line each fully-working fridge got chopped with an axe to release the Freon and destroy the ozone layer. I feel like that process is somehow a metaphor for crypto.
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Sep 9, 2022 16:46
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ymgve posted:but that's not generating income though? Not if you're not pitching it to rubes and marks. Get out there and sell some NNCoin!
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Sep 9, 2022 17:00
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TVs Ian posted:That reminded me of a Captain Planet episode. One of the villains built a refrigerator factory, but at the end of the assembly line each fully-working fridge got chopped with an axe to release the Freon and destroy the ozone layer.  I remember that exact scene. Years later, I thought, CP wasn't actually that good environmental propaganda: the villains were all destroying the planet for the sake of it; in reality it's the society we've built that's the problem and we aren't going to fix it by stopping a few bad guys. But then crypto comes along and maybe the captain planet villains weren't that off the mark?
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Sep 9, 2022 17:16
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I love how cryptocurrency is a plot a literal Captain Planet villain would create. The bad guys in an environmentalism propaganda Saturday morning cartoon. I don’t get why the original bitcoin adopters hadn’t realized this, considering 90s Saturday morning cartoons are the only media they consume
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Sep 9, 2022 17:48
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Gutcruncher posted:I love how cryptocurrency is a plot a literal Captain Planet villain would create. The bad guys in an environmentalism propaganda Saturday morning cartoon. Making money is automatically good. If you have made money you've done it right.
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Sep 9, 2022 17:57
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Gutcruncher posted:I love how cryptocurrency is a plot a literal Captain Planet villain would create. The bad guys in an environmentalism propaganda Saturday morning cartoon. One of the episodes has the villain turn into an energy vampire to threaten the North American electricity grid Seems pretty on the nose
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Sep 9, 2022 18:09
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TVs Ian posted:That reminded me of a Captain Planet episode. One of the villains built a refrigerator factory, but at the end of the assembly line each fully-working fridge got chopped with an axe to release the Freon and destroy the ozone layer. Imagine four refrigerators at the end of an assembly line. Bitcoin works the same way.
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Sep 9, 2022 18:48
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Cyrano4747 posted:The real question is what "cheap" is. best buy is already selling the high end 3090ti's for $900 less ($1099 vs $1999) and nvidia is throwing in a copy of spiderman remastered. they made way too many and their 40x series is around the corner. probably gonna be a lot of good deals soon.
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Sep 9, 2022 19:02
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LifeSunDeath posted:Queen Liz bitcoin just dropped: Queen Elizabeth II on currency? What will they think of next.
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Sep 9, 2022 19:21
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Sep 9, 2022 19:33
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Gutcruncher posted:I love how cryptocurrency is a plot a literal Captain Planet villain would create. The bad guys in an environmentalism propaganda Saturday morning cartoon. I dunno man the Captain Planet villians were working towards something. Sure, yah they wanted to clear cut a forest but to build luxury housing which while bad still serves a purpose. This is just wanton destruction.
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Sep 9, 2022 19:37
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Strong Sauce posted:best buy is already selling the high end 3090ti's for $900 less ($1099 vs $1999) and nvidia is throwing in a copy of spiderman remastered. Yeah, but I'm not going to buy a $1000 card, period. I don't care if it's marked down from $5,000, that's just way the gently caress more than I'm spending on a graphics card. The mid-tier stuff (3060s, 3070s) hasn't really been marked down much at all. They're still over MSRP, the only notable price difference is that they're not selling for double MSRP any more. If they start marking those down significantly I'm all over that, though.
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Sep 9, 2022 20:00
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What do you mean it's inadvisable to record my crimes on an immutable, public ledger?
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Sep 9, 2022 20:01
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PoC: Proof of Crime
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Sep 9, 2022 20:26
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Rust Martialis posted:Challenge: five word Bitcoin posts Million Bitcoin Reward: lost harddrive
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Sep 9, 2022 21:00
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booo, North Korea evading sanctions using bitcoin scams is like the only good thing that has ever come out of crypto
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Sep 9, 2022 21:03
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Cyrano4747 posted:Yeah, but I'm not going to buy a $1000 card, period. I don't care if it's marked down from $5,000, that's just way the gently caress more than I'm spending on a graphics card. check b&h, i just got a 3060ti for msrp last week. bitcoin crashing is the gift that keeps on giving
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Sep 9, 2022 21:11
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ekuNNN posted:booo, North Korea evading sanctions using bitcoin scams is like the only good thing that has ever come out of crypto Why?
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Sep 9, 2022 21:12
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I see a massive(ish) pump in the last 12 hours or so. More tether printer go brrbrr?
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Sep 9, 2022 21:19
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OPAONI posted:Why? punishing every man, woman and child in a country for having lovely leaders is bad. and clearly doesn't work to instigate regime change. sanctions bad.
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Sep 9, 2022 21:21
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Ah yes the trickle down bitcoin theory
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Sep 9, 2022 21:24
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ymgve posted:but that's not generating income though? "value" means a lot of things in crypto land
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Sep 9, 2022 22:03
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There are still 10,000,000+ GPUs mining Ethereum up until the last minute so I'd give GPU prices another month or two to filter out. Some of them are going to mine other things but a large portion of them will hit the secondary market.
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Sep 9, 2022 22:08
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isnt buying used a very very bad idea? like the explanation here was that even if your underclocking, they still being stressed in a bunch of other areas in significant ways.
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Sep 9, 2022 22:29
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I just got an RTX 3080Ti for 900 bucks and they apparently are going down from there. It’s absolutely worth paying new prices at this point instead of paying less for “crypto miner roulette”
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Sep 9, 2022 22:36
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ekuNNN posted:booo, North Korea evading sanctions using bitcoin scams is like the only good thing that has ever come out of crypto How is North Korea, a terrible totalitarian dictatorship, evading sanctions a "good thing"
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Sep 9, 2022 22:45
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PhazonLink posted:isnt buying used a very very bad idea? There were some effortposts in the past few years I can't find about how modern cards aren't quite as destroyed by mining as older ones were. The card destruction stuff is a 10+ year old meme with bitcoin at this point so I'd expect a 3090 to hold up to mining better than a 690-890 did. Especially since overclocking is standard now and most cards or motherboards have it as standard options. It's a good idea to stay away from used mining cards though because it can't be great for them but I'm not suggesting people run out to buy the used mining bonanza. They are going to hit the secondary market and people are going to buy them. That will impact Nvidia's sales that are already dismal as everyone who doesn't know about mining or doesn't care about anything beyond the price starts filling up on the new supply of millions of GPUs.
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Sep 9, 2022 22:46
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Mining will absolutely run the VRAM hot. There's also some danger of miners having flashed dodgy alternative firmware to make the cards more amenable to mining tasks. Don't buy mining cards.
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Sep 9, 2022 22:49
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ekuNNN posted:punishing every man, woman and child in a country for having lovely leaders is bad. and clearly doesn't work to instigate regime change. sanctions bad.
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Sep 9, 2022 23:34
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The entire point of sanctions is to make the people suffer so they rise up and depose their leadership. Without that it wouldn’t really do anything
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Sep 9, 2022 23:58
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CharlestheHammer posted:The entire point of sanctions is to make the people suffer so they rise up and depose their leadership. yeah and it doesnt work. it's just suffering for the sake of suffering.
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Sep 9, 2022 23:58
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It worked against Milošević. Nope, it didn't. What finally worked was bombing of the infrastructure by NATO, and people getting fed up with things exploding around them. It ultimately economically destroyed the entire nation, the combo of sanctions and bombing, and people like my grandma and other relatives were brought to the brink of starvation. gently caress sanctions. It's a rich people's game and they do it because they don't want to touch each other directly and create a precedent.
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Sep 10, 2022 00:03
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ekuNNN posted:yeah and it doesnt work. it's just suffering for the sake of suffering. Oh I know it doesn’t work, but that’s the point of emm even the US government doesn’t pretend otherwise
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Sep 10, 2022 00:37
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It's simply a more efficient way to distribute the suffering, as opposed to the old-fashioned 'fiat' implementations we had before, like bombs.
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Sep 10, 2022 01:25
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CharlestheHammer posted:The entire point of sanctions is to make the people suffer so they rise up and depose their leadership. Schrödinger's sanctions Simultaneously absolutely essential to protect national security and bring down enemy regimes, and also totally meaningless and unnoticeable to the people living there
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Sep 10, 2022 02:14
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I was curious how much energy AWS actually uses after reading the previous page. They don't release any actual data but Google says that AWS uses about 2% of all energy consumed in the US. Comparing this to annual US energy use in 2018, this would leave AWS consuming approximately 78,017,500,000 kWh annually (i'm sure it's higher in 2022). That's about 213,746,575 kWh/day According to forbes, bitcoin alone uses 707 kWh of energy per transaction. This means that 302,328 Bitcoin transactions is equivalent to one day of AWS energy consumption. According to some random website I found on google called ystats Bitcoin currently sees approx. 262,863 transactions per day. That means globally, Bitcoin alone uses approximately 86% of the daily kWh that AWS uses in the US. That doesn't take any other crypto into consideration. According to the official Ethereum website Ethereum's total energy consumption (currently, as proof of work) is "~112 TWh/yr" which is 112,000,000,000 kWh/year. That is actually significantly more energy usage per year from ethereum alone than the total of AWS usage in the US. Safe to say that AWS in totality likely consumes less energy than cryptocurrency in totality does each day. And to be fair the majority of amazon's AWS servers are not in the US, but we only went over two out of the 10 billion cryptos here. For example, Dogecoin sees about 28k transactions/day at 269.03 kWh/transaction For context, the average US household uses about 30 kWh per day. With 123.6 million households in the US, that means US non-corporate residents use a total of about 3,708,000,000 kWh/day. So every day, every single person in the US combined (excluding corporations) uses 3.7 billion kWh of energy. Ethereum uses 306 million kWh, Amazon uses 213 million kWh, and Bitcoin consumes 186 million kWh. For every 1kWh of energy your household consumes: Amazon's US-based AWS servers consume 7.12 million kWh Bitcoin consumes 7.1 million kWh Ethereum consumes 10.2 million kWh deep dish peat moss fucked around with this message at 03:23 on Sep 10, 2022 |
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Sep 10, 2022 03:00
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