Soldato
Absolutely! The plebs shouldn't be able to make money how dare they!?
That privilege is reserved for the ruling classes, the very thought...
That's not what I'm saying but if that's how you interpret it then fine
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Absolutely! The plebs shouldn't be able to make money how dare they!?
That privilege is reserved for the ruling classes, the very thought...
Absolutely! The plebs shouldn't be able to make money how dare they!?
That privilege is reserved for the ruling classes, the very thought...
The argument that mining uses green energy is retarded.
In the past couple of months, the global Bitcoin mining network has come under heightened scrutiny over its energy consumption. Critics, most notably Elon Musk, have tried making the case that Bitcoin uses an unacceptable amount of electricity generated by fossil fuels...
Newly compiled research, though, proves just how unfounded these criticisms really are...finding that participants are using electricity with a 67% sustainable power mix. Based on that data, the total sustainable power mix could be as high as 56%, making Bitcoin mining one of the most sustainable industries globally.
The answer to that is nations shifting away from fossil fuels, surely this has been a thing for decades and has nothing to do with cryptocurrency (although its being used as the scapegoat).
But any renewables wasted on crypto is meaning something else has to be powered by fossil fuels.
The UK nearly ran out of electricity capacity during late last year,as the wind farms had problems.
Enough capacity exists
With the first of these, the energy element, the most demand for electricity we’ve had in recent years in the UK was for 62GW in 2002. Since then, due to improved energy efficiency such as the installation of solar panels, the nation’s peak demand has fallen by roughly 16 per cent. Even if the impossible happened and we all switched to EVs overnight, we think demand would only increase by around 10 per cent. So we’d still be using less power as a nation than we did in 2002 and this is well within the range of manageable load fluctuation.
All you’re doing is moving harmful emissions from car tailpipes to power stations
From the start of the Industrial Revolution up until 2017, the ‘dirtiest’ thing we did as a country was make electricity. However, the way we generate power has evolved and our energy system is getting cleaner all the time. Last year, 2019, was a record breaking year and more electricity was generated by clean sources than fossil fuels. With the growth in onshore and offshore wind farms and the closure of a number of coal plants, transport is in fact now the most polluting thing we do as a nation.
Nobody is entitled to have a GPU. Anything is a luxury really.
Anyone wanna see a pic of a Gigabyte GTX 1070 mining card where the centre fan failed, its not a pretty sight and would put most people off buying a mining card for life!
Would it have been any different if the card had been used exclusively for gaming instead?
Oh it certainly would have.
The logic tanks pretty hard here. What do you think is needed for all cars in the UK (to meet energy targets) to shift over to electric? Charging these vehicles is going to be a massive drain on the network that will dwarf any crypto mining demands! Many EV charging points have been installed all over the UK but there will also be people charging from domestic homes too.
The National Grid and the consortium of Energy generators, need to or should already be on the case here. Last I read, the nuclear plant that has been dragging on (Hinkley point C) but some of the demand will be met from this. There needs to be huge incentives for micro generation to be encouraged again to get more renewables on board unless they think gigantic wind farms in the fields is enough?
Secondly there wont be massive amounts of miners in the UK, the energy requirements are too expensive. You may get offset setups where it is partially subsidised by something like Solar/Wind/Hydro but big players will all be located elsewhere in the globe. Bedroom miners are not abundant, you will only get people crawling out of the woodwork when its a sunny day and NiceHash is churning out free money. Once the market tanks (or say ETH forks and the profit halfs) they will give up or sell on.
Here is a nice source, I dont know how accurate it is but its from the national grid themselves. I will quote two parts that challenge your statements:
Fixed for accuracy.
Your (or my) gaming use is no more a "right" than any other GPU use.
How dare we gamers buy up all the GPUs purely for entertainment purposes, when there are hard working CAD designers and computer modellers out there who need them to work & pay the bills?!
If anything anyone using a gaming GPU for non-gaming usage is using outside what AMD/Nvidia have tiered it to. Miners are very entitled.
I sometimes use my 6800 for software development and watching YouTube, which isn't gaming, so I guess even if I wasn't mining on it then I would be one of the bad guys anyway
You even saw how greedy some of these miners became when they bought up laptops to mine on.
Yeah, to be fair that's nuts, there just isn't the cooling capacity to deal with it, will confess I tried mining on my laptop for a couple of days, saw the temps and thought "**** that!", definitely a quick way to kill the hardware!
I just don't brlieve that running these cards hard does any damage at all, with the exception of moving parts (i.e. fans).
The cards typically have built in protections so they cannot be damaged, with rare exceptions, If they get too hot they throttle back.
Fans, wear, as all moving parts do. But remember these GPUs are sold worldwide, and they have to run gappily in countries where it's really hot, every day. I would hope that we can get replacements for 10 years (maybe right-to-repair will help).