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If the internet has taught me anything, it's that irony posters become true believers 100% of the time.
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Apr 11, 2023 19:25
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BrewingTea posted:They say the best revenge is living well. How can I enjoy my millions, fleet of luxury cars, multiple mansions, and super model harem when there's people on an old forum laughing??
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Apr 11, 2023 19:36
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Enos Cabell posted:If the internet has taught me anything, it's that irony posters become true believers 100% of the time. irony is a heavy metal, chronic exposure may lead to toxicity
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Apr 11, 2023 19:39
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from the vc crew still trying to convince people web3 is a thing https://twitter.com/molly0xFFF/status/1645892165975908352 also, let me be the first to say: eew
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Apr 11, 2023 23:07
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EMoney posted:riot quick to the punch with a loving awesome retort to the NYT FUD hit piece from yesterday Thought you were talking about the LoL/Valorant company. There's too many bitcoin companies. Please eliminate 3. I am not a nutcase.
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Apr 12, 2023 00:52
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Neito posted:Thought you were talking about the LoL/Valorant company. There's too many bitcoin companies. Please eliminate 3. I am not a nutcase. why stop at 3? if they eliminate any company with "bit" or "coin" in the name we'd be down to a manageble number
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Apr 12, 2023 00:55
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drk posted:from the vc crew still trying to convince people web3 is a thing aaaahhhhh! edit: AAAAAAHHHHHH!
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Apr 12, 2023 01:39
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Speaking of Riot. https://twitter.com/RiotPlatforms/status/1645473961004892162
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Apr 12, 2023 01:48
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There is a business opportunity here to sell carbon offsets to bitcoin minors whereby you simply promise not to mine any bitcoin.
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Apr 12, 2023 01:57
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And then you mine Ethereum.
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Apr 12, 2023 02:07
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Boxturret posted:why stop at 3? if they eliminate any company with "bit" or "coin" in the name we'd be down to a manageble number https://www.youtube.com/watch?v=O5dmxBUbzBU
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Apr 12, 2023 02:10
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JagGator posted:There is a business opportunity here to sell carbon offsets to bitcoin minors whereby you simply promise not to mine any bitcoin. Can we mint the offsets ourselves on our legitimate(tm) carbonNeutralCoin where we guarantee there are offsets, but you aren't allowed to audit? We'll be sure to use a proof of work blockchain that is also carbon offset neutral. 
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Apr 12, 2023 02:12
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schmendric posted:Can we mint the offsets ourselves on our legitimate(tm) carbonNeutralCoin where we guarantee there are offsets, but you aren't allowed to audit? We'll be sure to use a proof of work blockchain that is also carbon offset neutral. oh, oh, and each credit is also worth exactly 1USD, because it's the most stable financial unit in the world, so it makes Goon Carbon Neutral Coins extremely trustworthy and reliable
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Apr 12, 2023 03:33
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raverrn posted:Speaking of Riot. I've seen a lot of extremely dumb takes in bitcoin land but this is possibly the dumbest thing I've seen. Bitcoin mining has 0 emissions because you can't measure a jet of co2 shooting out of your computers? what the gently caress
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Apr 12, 2023 06:14
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The coal industry does not contribute to global warming, as you can see here it is quite chilly in our mines
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Apr 12, 2023 06:16
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Honestly, seeing these massive warehouses fully of screaming computers mining bitcoin kind of turns my stomach, so much pointless waste just for the people running it to make some money I miss the home mining rig era 
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Apr 12, 2023 06:28
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 we didn't know how good we had it
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Apr 12, 2023 06:29
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someone in the green thread once expressed bitcoin's energy usage in tons of coal per transaction and i had to go lie down for a little bit
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Apr 12, 2023 06:30
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Foo Diddley posted:someone in the green thread once expressed bitcoin's energy usage in tons of coal per transaction and i had to go lie down for a little bit I've posted a bunch of those calculations over the years but stopped when it became too depressing. The current hashrate is 338m TH/s. The current best piece of hardware is 110 TH/s per 3250w. That's, at minimum, 3 million pieces of hardware using 240m KWH/day, 87.48 billion KWH/year, or 36th on the list of countries by power usage, ahead of Finland, Belgium, or a shitload of other countries. It's about 1.12 pounds of coal per kWh, that's 97.98 billion pounds of coal per year. The average block is 2500 transactions, 52,560 blocks a year, that's 131,400,000 transactions per year, 745 pounds of coal per transaction. When i did this calculation in april 2018, each transaction was using 473kwh. By this calculation now, each transaction is using 666kwh because the amount of hardware in use has increased but transactions per block cannot. This is, again, assuming everybody shut down their older, less efficient hardware and replaced it with the newest, most efficient models. Forbes estimate is 127 TWH which puts each transaction at more than the monthly power usage of the average American house. https://www.forbes.com/advisor/investing/cryptocurrency/bitcoins-energy-usage-explained/ Powershift fucked around with this message at 07:15 on Apr 12, 2023 |
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Apr 12, 2023 06:58
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raverrn posted:Speaking of Riot. Okay this is honestly the funniest loving thing. Wow. I can't tell if this guy is insanely stupid, he thinks everyone else is insanely stupid, or both Also how he doesn't introduce himself and instead relies on a badge, high viz jacket and stupid loving hat to make himself look like some kind of authority instead of the incredible moron he appears to be You couldn't write this kind of comedy, it's only lame enough to come from real life
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Apr 12, 2023 09:23
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Play posted:Wow. I can't tell if this guy is insanely stupid, he thinks everyone else is insanely stupid, or both It's bitcoin, it's always both.
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Apr 12, 2023 09:31
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raverrn posted:Speaking of Riot. "We've got a lot of plants here." [gestures to scrubby backlot that has a few grasses and weeds]
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Apr 12, 2023 10:53
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raverrn posted:Speaking of Riot. How… just how?!? 
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Apr 12, 2023 11:44
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Tarquinn posted:How… just how?!? How coukd we be so wrong all this time!!!! bitcoin really doesnt emmit CO2???!!
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Apr 12, 2023 12:07
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Crime on a Dime posted:Try Ondansetron, OP If I'm gonna take drugs while playing video games, it's not gonna be this.
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Apr 12, 2023 12:57
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RE: that video We have weeds here (not even trees) and our computer isn’t generating CO2 measured at the GPU Everything with Bitcoin is cynical bullshit, Jesus Christ. Enos Cabell posted:If the internet has taught me anything, it's that irony posters become true believers 100% of the time. Yeah it’s kinda wild how that happens
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Apr 12, 2023 13:22
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NYT: We present this exposé on how bitcoin's insane power draw is affecting the environment, reinforced with first and secondhand sources. Riot: Here is a 6 point response explaining how not mad we are. Totally not mad. Read our response.
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Apr 12, 2023 13:46
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Their claim is basically that the Texas energy grid comes from a lot of renewable energy, so they can just ignore that aspect. From a quick search, the Texas grid is about 40% renewables, so just take Powershift's numbers and divide them in roughly half, and isn't that so much better?!
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Apr 12, 2023 14:04
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Their defense to the energy problem is 'we're just using a service available to any business; what it takes to service us is beyond our reckoning'. They're exploiting the lack of regulation as they are wont to do.
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Apr 12, 2023 14:10
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SettingSun posted:Their defense to the energy problem is 'we're just using a service available to any business; what it takes to service us is beyond our reckoning'. They're exploiting the lack of regulation as they are wont to do. This is why they're in Texas in the first place
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Apr 12, 2023 14:23
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Halibut Barn posted:Their claim is basically that the Texas energy grid comes from a lot of renewable energy, so they can just ignore that aspect. From a quick search, the Texas grid is about 40% renewables, so just take Powershift's numbers and divide them in roughly half, and isn't that so much better?! that poo poo wouldn't make sense even if they shut the miners off when the sun went down and all the solar went offline, and they absolutely are not doing that don't worry though, given Texas' recent problems in providing enough power to satisfy demand, the state has a program where large power users can enter contracts where they get paid to turn off their stuff whenever the grid is threatened by lack of capacity. the crypto miners in texas worsen the problem by adding a completely unnecessary and unproductive load to the electrical grid, and then get paid to "solve" the problem by turning their poo poo off whenever it approaches a crisis. https://twitter.com/onceuponA/status/1645476246657040386
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Apr 12, 2023 14:27
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"My unregulated toxic waste disposal services has a lot of people asking questions already answered by my company's name 'Uncontrolled Discharge Inc.' why are you bothering us with these trivialities???"
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Apr 12, 2023 14:27
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hardcore climate activists should just do stuff to coin ops. probably better RoI and less defended.
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Apr 12, 2023 14:42
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https://twitter.com/molly0xfff/status/1646204568072601601?s=46&t=CBKJcBX0BD3U5HgUdsqBtw The grift continues
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Apr 12, 2023 18:50
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Sorry, but the funds for directors and officers insurance were used to gamble on high-risk, no reward cryptocurrencies. Surely one of those is bound to take off any day now.
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Apr 12, 2023 19:13
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Powershift posted:I've posted a bunch of those calculations over the years but stopped when it became too depressing. To add to this, adding machines to the blockchain doesn't make it more powerful, so the minimum power needed to provide the exact same functionality is the power of the weakest device that can successfully mine: A single NES.
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Apr 12, 2023 19:57
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https://twitter.com/molly0xfff/status/1646220458042220545?s=46&t=CBKJcBX0BD3U5HgUdsqBtw
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Apr 12, 2023 21:28
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i'm somewhat surprised that they actually bothered to obtain, and then remembered to pay the premiums for, the appropriate forms of corporate insurance
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Apr 12, 2023 21:37
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they probably just paid marsh or another big broker to do it, insurance companies make it very easy for you to give them money
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Apr 12, 2023 21:56
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raverrn posted:Speaking of Riot. That can't be a real video. It can't be. It has to be a parody account. There is no way. 
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Apr 12, 2023 22:15
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