a lot of cryptos are likely going to crash within the foreseeable future but the mining craze gonna destroy the planet even quicker.
get rich while you can then maybe you can afford the trip to mars when it hits the fan.
The skyrocketing value of Bitcoin is leading to soaring energy consumption. According to one widely cited website that tracks the subject, the Bitcoin network is consuming power at an annual rate of 32TWh—about as much as Denmark. By the site's calculations, each Bitcoin transaction consumes 250kWh, enough to power homes for nine days.
I just hope that my less financial-savvy friends get out of it in time to save their shirts.nothing wrong with two denmarks
that said, BTC crash gonna be hilarious for all the wrong reasons.
I just hope that my less financial-savvy friends get out of it in time to save their shirts.
yeah, I don't touch the stuff, but I also have an active trader managing my retirement, and don't consider the empty toner cartridge exchange at Staples an asset class like @fly, so I'm just a no good double-dumb moron who nobody should listen to, ever.I have a couple hundred just for shits in various other cryptocurrencies but I'm not really touching btc because it's not nearly as fun as the small ones. iota just announced a partnership with microsoft that more than doubled their exchange price in 48 hours. capitalized on that pretty well. it's a lot of fun to gamble on, but only with rainy day cash that you're okay with losing in entirety.
This is one of the reasons that folks like Ethereum are trying to move to PoS instead of PoW...ruh roh, raggy
https://grist.org/article/bitcoin-could-cost-us-our-clean-energy-future/
@fly @jenkem
You seem extra miserable today. Everything okay?yeah, I don't touch the stuff, but I also have an active trader managing my retirement, and don't consider the empty toner cartridge exchange at Staples an asset class like @fly, so I'm just a no good double-dumb moron who nobody should listen to, ever.
My misery levels seem to be nominal at this time.You seem extra miserable today. Everything okay?
Can you elaborate? I don't know anything about ethereumThis is one of the reasons that folks like Ethereum are trying to move to PoS instead of PoW...
I'm sure they are...My misery levels seem to be nominal at this time.
They're working on an update called Casper that will switch to Proof of Stake which doesn't require a ton of complex (and useless) calculations. Apparently, the technical requirements to securely move from PoW are immense. Some folks I trust are suggesting it might not even be possible. But the dude running ETH is like a 20 somethings genius, so we'll see...Can you elaborate? I don't know anything about ethereum
Neat!They're working on an update called Casper that will switch to Proof of Stake which doesn't require a ton of complex (and useless) calculations. Apparently, the technical requirements to securely move from PoW are immense. Some folks I trust are suggesting it might not even be possible. But the dude running ETH is like a 20 somethings genius, so we'll see...
https://blockonomi.com/ethereum-casper/
yeah, I don't touch the stuff, but I also have an active trader managing my retirement, and don't consider the empty toner cartridge exchange at Staples an asset class like @fly, so I'm just a no good double-dumb moron who nobody should listen to, ever.
@fly have you ever seen anything about using an SSD as a cache drive for a drive pool setup?