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GPU panic selling?
- Thread starter sgoaty
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Crypto is literally wasting green energy and driving up prices for everyone else.
It probably is true.
Mining creates demand. New supply has to be installed to meet that demand. And right now, the cheapest means of generating new energy in most places around the globe is either solar or wind (per IEA and BloombergNEF reports from last year). So by virtue of a happy accident, cryptocurrency mining likely is contributing to clean energy adoption.
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Tell me where those solar incentives are for the UK again? Carbon neutral homes when?
Not necessarily. A crypto firm recommissioned an old coal-fired plant in the US, as it was the cheapest energy they could find for their crypto farm.
Crypto wants cheap energy and it absolutely does not care if that's green or recommissioning a coal plant.
Also by continually increasing demand it means you can't phase out the coal/gas for the renewables, you just need more renewables as well as the coal/gas/nuclear/whatever. Take the coal offline and you've got a shortfall.
There's nothing inherently green about crypto. It's just an energy black hole.
Not sure how you are paying that only... living in a single room, or paying the parents that ? No other normal devices( fridges, washing machines, lighting etc.) in the property that use electricity ? Come on be real when you say stuff like that.. Most peoples home gas bill is that in a year and electric is way more.
So £450 a year = £37.50 a month
you also stated £32 a month electric.. so for gas you pay £5.50 a month over 12 months, so £66 a year in gas... give me a break really.... You clearly don't pay bills ..
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Associate
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That's a quote , when you do them you can add any amount of KW use in them or how much you pay.. then it makes up a list of suppliers with the amount you supposedly use a year.. That doesn't prove anything.
Also 2020 we were all in lockdown at home, any normal bill was even higher in 2020 than the average was years before and prices of electric and gas have gone up too. That's not a quote for a house even for a single person. You must not be at home at all, even in 2020 when we were all under lockdown.
The size of your house or flat and the number of people living there has a significant impact. In fact, according to comparison site UK Power, while a one or two-bedroom flat costs £66 per month for gas and electricity, a five-bedroom house costs £137 per month.
For 2020, the average electricity bill per year was £707. That's £59 per month, an increase of 1.3% on 2019. These numbers are based on the government's figures for an annual consumption of 3,600 kWh/year
The average annual gas bill for 2020 was £557, or £46.40 each month. Costs fell by 9.3% last year compared to the prices for 2019. The government's statistics come from an annual use of 13,600 kWh/year.
https://www.moneyadviceservice.org....he-average-gas-and-electricity-bill-per-month
https://www.gov.uk/government/statistical-data-sets/annual-domestic-energy-price-statistics
Even that is low what they state in reality.. They are working most of that out with people on special deals before prices went up and if you check the news people are upset with energy prices and not any good deals now.
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Indeed. But the point is there probably is at least some truth to the claim.
There's also signs that mining drives renewables adoption when you look at the 39% renewable figure from CCAF. 65% of hashing power originates from China. A further 20% (total) comes from the US, Russia, and Kazakhstan. None of these countries get anywhere close to 39% of their electricity from renewables. So for the 39% figure to be correct, miners must be more likely to use electricity from renewable sources (than the general population).
But 39% is still too low considering the gratuitous use of energy.
What's the relevance?
Take a peek at post #163. If the PC uses £32/month of electricity, and the total energy bill for the year is £450, then all other sources of energy use only cost £66 for the year
Take a peek at post #163. If the PC uses £32/month of electricity, and the total energy bill for the year is £450, then all other sources of energy use only cost £66 for the year
Geeze, yes I thought he said £32 a month for his full electric bill, so if his pc is using £32 a month .. well he's fiddling the meter or nicking electric from next door for his £450 a year gas and electric bill or he's living with his parents and never paid a bill in his life. Not to add the daily charge to the utility bills for each service.
I don't understand these claims some people make on here when they can be clealry be proven not true. From I paid this for this when reality was they paid what everyone else paid or in some cases more to hide they paid more. What is it they get from it proving they paid less than everyone else when not true ?
Sadly everything has gone up since lockdown and has been expensive even before that for a lot of people, from bills for energy and water (due to being at home all the time in lockdown and prices going up),council tax, food, list goes on as people living in the real world and paying their bills know.
It could be worth picking up a new graphic card while there is a bit of stock at retailers looks like the situation is not changing any time soon for it to make a big difference to price.
https://www.bloomberg.com/news/arti...r&utm_term=210622&utm_campaign=bloombergdaily
https://www.bloomberg.com/news/arti...r&utm_term=210622&utm_campaign=bloombergdaily
Soldato
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Take a peek at post #163. If the PC uses £32/month of electricity, and the total energy bill for the year is £450, then all other sources of energy use only cost £66 for the year
holes like a sieve in most folks arguments. Some are borderline trolling.If you have been quoted for more than between £6000-£8000 you are getting ripped off. There is companies out there charging £10000+ for 16 panels which is extortionate. Luckily we got ours 3 years before the subsidy stopped so we get about £600 a year off them when you add up all the feed back/tariffs.
With no subsidies now its not worth it unless you are out in the sticks and have something like Oil/LPG heating or you are completely using electric no gas. Wish we had done it years ago though.
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Its my whole electric and gas use for 2020 on the bottom graph actually. The top two quotes are for my renewal.
Im at home 24/7 since before covid due to disability too. My average PC use is around 7 hours a day.
Take a peek at post #163. If the PC uses £32/month of electricity, and the total energy bill for the year is £450, then all other sources of energy use only cost £66 for the year
My whole house uses less than £32 a month, £32 was around the highest actually.
Imagine being so dumb that you can't even read or recognise an annual energy use graph, that just tells me that neither of you own a house or pay bills.
'Averages' are based on all houses including crappy inefficient old ones. New builds use tremendously less energy than old ones use.
Yes, I guess you must be trolling if you can't even realize that the graph at the bottom of my image was my total use for 2020. Looks like you also don't pay your own bills and have never seen your own annual energy costs, completely pathetic really.
Also while it says 'average' for a 2 bedroom house is £795, on the cheapest tariff the average was £580. So set the thermostat to 16c and enjoy £450 a year at 2020 prices.
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I also sold my 1070 for £350 back in Feb. Not long afterwards, some were actually selling at closer to £450! As you say, it's still totally crazy as they were selling for £200 last summer before all this madness began. Let's hope things are starting to get better.
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Shame you can't tell the difference between energy use (which would be in kWh in an energy bill) and how much you paid.
Irrespective of whether or not your figures are accurate, the energy use of your house is very definately not less than £32 a month because that is an amount of money not an amount of energy.
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250w average, can you also not read?
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