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I wish mining never existed tbh xdGod damn miners and scalpers! Get out of here!
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I wish mining never existed tbh xdGod damn miners and scalpers! Get out of here!
I wish mining never existed tbh xd
If it blows the mind, before mining there was distributed computing! You never got anything for it except a rank and maybe a pretend certificate emailed to you on a milestone..
Anti-miners gonna hate. People need to get a grip. If Monero exploded overnight the same would happen to CPUs.
Yeah but didn't DC actually do something worthwhile like finding cures for diseases etc like F@H etc. It also didn't cause a massive spike in demand for the GPUs either
It didnt no, but that's because people didnt want to spend electric on crunching. If you checked the big crunchers even on OcUK teams, they had multiple GPUs or server grade CPU's - so yes there was a potential for hardware to be eaten up. Also when covid kicked off many people joined the folding teams to accelerate the processing - so much so the servers couldnt cope with it. I was getting so much unused hardware as they didnt have the back end resources to provide work units I went back to mining until they fixed it.
The point being?
Well before mining computers have always been used for tasks and experimental sciences. The PC is a versatile tool. Having people foaming out the mouth and getting pitchforks out is unbelievable as its not a given that gamers are entitled to access the components.
Correct.Actually - it makes zero difference if they have been mined on.
Money.Mining adds nothing useful for the resources it consumes
Money.
Mining adds nothing useful for the resources it consumes.
Gamers are rightly angry because there isnt the capacity to ever keep up with mining demand so stock availability and more importantly at reasonable prices will never happen while mining exists and is profitable
Disagree. Computational workloads are required in lots of aspects of life, its your own opinion if they are not 'useful'. Gamers have no right to anything, its a tribal thing and there are alternatives like consoles, tablets, phones to also use - my point being that your overlooking is the PC is not just a gaming machine it can be versatile. Your contribution actually makes little sense as your condoning people buying parts to crunch on DC, yet if they mine its the devil's work!
You do realise there are plenty of gamers that also mine?
I'm all for things like that. It also doesn't cause insatiable demand, I don't ever remember massive gpu farms dedicated to F@H popping up across the globe. AFAIK its never really affected the normal gpu supply like mining has?
Likewise I never said DC/Folding affected global supply but if there was some incentive like money is to mining you would find it does affect the hardware being bought up to 'contribute'. Like I said in my example, people in the crunching circles had multiple machines and GPU's doing it - so yes people buy more than they need and put it to work. Its actually a valid point. The only reason mining is brutally adopted is purely down to money/greed. As with anything though, money prioritises waste - pick whatever industry you like!
https://forums.overclockers.co.uk/threads/f-h-multi-gfx-cards.18898729/
And that's the reason I don't like mining, because it involves money and as you say anything that involves easy money creates unsustainable demand, and thus impacts on other uses of said item.
It's why I hope governments across the world clamp down and make it illegal to trade crypto for fiat currency.
Mining is hurting the planet, unless you are on a green energy tariff.. then its down the line of other questions like greenwashing etc.
I agree with the former. The latter part is adoption and all gov's will adopt some form of digital currency in the next 5-10 years. The progression and efficiency will exponential so that it doesn't be as wasteful as it is today. That's what evolution is about.
Everything is about green now to stop polluting and destroying the planet. Driving cars, flying in planes lots of it is pointless and harmful. If you dig deep and not shallow read the mainstream, you will find a massive % of mining is utilising renewable energy - more so than many other industries.
I have nothing against digital currency either, if it is sensibly controlled, but you cant have every man and his dog able to generate what is essentially free money, it's not sustainable in the long term.