Bitcoin's power consumption

[Anonymous No.5795629]

Man, I just love how much BTC triggers the right sorts of people.

[Anonymous No.5795706]

Good, the faster we destroy the planet the faster we'll want to leave.

[Anonymous No.5795730]

We must moon harder

[Anonymous No.5795762]

>>5795629

UHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

[Anonymous No.5795769]

kill the earth

earth neva did nuthin for me

[Anonymous No.5795775]

>>5795629
Faggots in crypto.
Women in crypto.
Normies in crypto.
Boomers in crypto.

When will it stop?

[Anonymous No.5795789]

This is why Burst will be $1 soon.

[Anonymous No.5795804]

>>5795706
There's more to it than leaving.

[Anonymous No.5795806]

>>5795629
Damn white people and their computers. Shut it all down, fuck the internet.

[Anonymous No.5795813]

>>5795629
>this simply cant continue
what a nu male faggot hha

[Anonymous No.5795816]

>>5795730

This is actually the only scenario. The higher valued, the more we'll put productivity into it. Solar mining does come next boys. then btc market cap EXPLODES into the trillions.

[Anonymous No.5795823]

>>5795629
>use as much as the US
>after denmark
dude hasnt read a damn thing about it

[Anonymous No.5795841]

>>5795769

[Anonymous No.5795846]

>>5795629
remember alt coiners, that power consumption is ensuring a rising price floor beneath BTC by acting as proof of work, something your coins don't have

[Anonymous No.5795861]

>>5795775
Have you ever seen these people? They have nothing to live for besides harassing us and consuming themselves in self-gratification on their phones.

If i was a normie I would have shot up something or killed myself by now.

[Anonymous No.5795924]

>>5795789
Burst relies on DAGs and has shitty marketing.

[Anonymous No.5795938]

"It's the same situation as gold and gold mining. The marginal cost of gold mining tends to stay near the price of gold. Gold mining is a waste, but that waste is far less than the utility of having gold available as a medium of exchange.

I think the case will be the same for Bitcoin. The utility of the exchanges made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin would be the net waste." - satoshi

[Anonymous No.5795969]

>>5795846
Proof of stake will kill proof of work

[Anonymous No.5795986]

>>5795861
>If i was a normie I would have shot up something or killed myself by now.
That's a very non normalfag activity, normalfag.

[Anonymous No.5796003]

>>5795924
>shitty marketing
that never stopped 70% of the 2B+ market cap coins

[Anonymous No.5796012]

>>5795861
Well the function of society is to keep the young males down and prevent them from rebelling against society. It’s the antithesis of nature. A young alpha lion eventually defeats the old lion.

That’s why we’re constantly under attack by everyone.

[Anonymous No.5796017]

I say first we should get rid of Denmark and USA.

[Anonymous No.5796022]

>>5795938
Literally Jesus.

>>5796003
Maybe, but it doesn't hurt.

[Anonymous No.5796044]

>>5795789
Thats impossible, i have a million buy orders at $2

[Anonymous No.5796050]

>>5795823
He assumes exponential growth with no improvements in efficiency.

[Anonymous No.5796057]

>>5795775
u forgot the first one
>losers who play vidya and fap to anime in crypto

[Anonymous No.5796068]

It is a wasteful energy hog, but there are cryptos looking to improve that and they could potentially be the successors to BTC one day

Then even these people won't be able to shit on it and we go full mass adoption

[Anonymous No.5796087]

>>5796012
Try reading a book instead of broscience.
That alpha shit was disproven.
I know it doesn't fit with your isolated hero narrative, but this isn't a fucking anime.

[Anonymous No.5796094]

>>5795789

Burst is fucking busted, but the idea of HDD use for mining isn't a bad idea

[Anonymous No.5796101]

>>5795816
with coins like colx working hard at being green energy coins, were already well on our way.

[Anonymous No.5796124]

>tfw live a few streets away from the beach on top a hill.


I've calculated that i will need aprox 20mts rise in sea level to have a front water view and still have some 10mts before my house is at risk of high tides.
with 10mts I can get a waterview but it's not prime.

Bring it.

[Anonymous No.5796161]

>>5796087
What is this "broscience" term I keep hearing lately?
I know it's been around a while but it's fucking everywhere now.
Is it soy for "stuff I don't like?"

[Anonymous No.5796208]

>>5795986

that's where you're wrong bucko

https://nchain.com/app/uploads/2017/07/PoW-and-the-firm.pdf

[Anonymous No.5796209]

>>5795629

>Something's gotta give

[Anonymous No.5796237]

>>5796087
It’s simply that men are most physically dominant from 20-30 but they’re not necessarily most wise at those ages. There should be some check but their checks have become so radical that they’re completely antithetical to nature and the function of the world. The more men come to realize that the world is a fabrication the greater they need to make the fabrication to sustain the perception of power.

[Anonymous No.5796240]

>>5796087
Nu-male soyboy detected

[Anonymous No.5796254]

>>5796050
>miners make more competitive technology which cuts down on energy consumption by 20%
>instead of encouraging continued innovation and competition, softfork it and brag about gimping the network
>le 36% dominance face

[Anonymous No.5796302]

>>5796161
>What is this "broscience" term I keep hearing lately?
It's an old /fit/ meme.

[Anonymous No.5796361]

You already know this faggot read some (((article))) about how muh electricity is heating up the babby polar bears' play space and we're all doomed. Fearmongering at it's finest.

[Anonymous No.5796407]

>>5795846
Why no just require people to type captchas as a proof of work? The work is beneficial, more eco-friendly, and solves the centralization problem.

[Anonymous No.5796435]

>>5796161
DYEL

[Anonymous No.5796527]

>>5796407
Why not fuck off you global warming queer?

Energy use is good for the economy.

[Anonymous No.5796667]

>>5796527

Go short circuit power lines then, you degenerate retard. That's real beneficial for the economy.

[Anonymous No.5796726]

>>5796667
How about you jump off a bridge and stop exhaling CO2?

[Anonymous No.5796885]

Uhhhhh,,,

[Anonymous No.5797016]

>>5796407
Suppose you come up with a properly decentralized PoW algorithm based on capchas (a big if). With machine learning OCR solving captchas reduces to running code on GPUs.

[Anonymous No.5797123]

>>5795804
That's actually pretty funny.

All memes aside you edgy little homos, we don't need mining as it currently stands, it's expensive and inefficient and shitty for the environment.
Non-POW coins are the future.
Non

[Anonymous No.5797124]

>>5796885
Electricity use is the best part of Bitcoin. It’s a boom for the economy.

[Anonymous No.5797264]

>>5797123
see>>5796254

[Anonymous No.5797337]

>>5797264
You don’t realize that mining has a beneficial impact on everything. Cable suppliers, transformers, electrical workers, power plants, microprocessor fabs, design, engineers, etc. It’s a symbiotic relationship with the economy.

[Anonymous No.5797468]

>>5797337
I thought you were arguing against PoW. I want to see the tech develop and mining get more efficient. I don't want PoW to go away because PoS secures differently, so idk if its technically as secure.

[Anonymous No.5797572]

>>5795775
my dad is really ruining the trading fun for me. he used to call me a virtual man, but after he saw i made 4k on Elix he got all heated. he reads all kinds of bullshit articles from mainstream media in Croatia (which is terrible and misinforming)
now when he sees me trading, he asks what's the price and what it used to be a week ago, then just says "BUY" or "SELL".
it's really annoying. and the worst part is he is often right, but then again, he's completely uninformed about stuff i'm trading.

[Anonymous No.5797612]

>>5795629
holy shit were actually going to live in a post apocalyptic era because of bitcoin and fiat is going to crash and people with millions of dollars will be considered poor

[Anonymous No.5797639]

>>5797468
I don’t care if it gets more efficient or not. The more energy it uses the better. PoS is garbage and has no intrinsic value. It’s basically fiat.

>>5797572
Sell your coins and mine.

[Anonymous No.5797747]

>>5795629
Right wing idiot.
Global warming is true.
Power wastage is stupid.
That's all theres to it!

[Anonymous No.5797779]

>>5797639
>PoS is garbage and has no intrinsic value. It’s basically fiat.
Fiat has value, who cares how "intrinsic" it is. You're essentially proposing a 20XX labour theory of value.
>The more energy it uses the better.
OK big guy

[Anonymous No.5797867]

>>5797639
I actually think the models will change as we adapt more and more to a decentralized world. So there will be lots of different ways to secure different blockchains. Probably by doing something that contributes to whatever product or service that blockchain is connected to, basically DAOs.

I also think a lot of these cryptos are doomed to fail, not because they don't have a use case, but because their use case can be applied ontop of bitcoin (or w/e PoW coin is king at the time).

[Anonymous No.5798091]

There’s simply nothing that differentiates PoS shitcoins from each other or the ability to duplicate and counterfeit them, since there is nothing tangible that backs them. Now you introduce some kind of decentralized authority to govern the coin and you’re back to square one.

You can keep any centralized coin you want but by its nature centralized coins will eventually succumb to the force of the mob or authority of the state.

PoW coins differentiate themselves by work and energy.

[Anonymous No.5798228]

>>5797639
dafuq will i mine with only one GTX1050ti?
tried mining ETN like a month ago for a whole day and earned just 0,05$ (although i fucked up and mined with i5 CPU but still)

[Anonymous No.5798421]

>>5797572
Tell him he it annoys you and isn't helpful information.

[Anonymous No.5798428]

>>5796527
Oh wow, the average intelligence on this board has really plummeted. This place is literally filled with manchildren from /pol/ and /r9k/. I'm wondering if it's just larp, because the stupidity at times exceeds all limits. You make my normie friends seem brilliant in comparison.

[Anonymous No.5798475]

>>5795629
Seeing someone type like that just makes me want to burn the planet.

[Anonymous No.5798606]

>>5798421
when did you changed the mind of a boomer, man?
i feel like he's there just to frustrate me.
i'm there trading, and he asks me about the price then just tells "Sell". I tell him that's stupid as shit idea and that i won't, and he just repeats "SELL, LISTEN TO ME" and when something loses the value naturally like it always happens, he tells me that i'm an idiot and stuff like that.

[Anonymous No.5798641]

>>5798606
Pretend to follow his advice and lose money.

[Anonymous No.5798705]

>>5797572
Kill him and wear his skin like a suit when you trade in order to establish your dominance

[Anonymous No.5798927]

Excessive energy consumption IS NOT THE PROBLEM. You dumbass third worlders using coal and shit are. I'm on hydro so I can use however the fuck much I want. It's hilarious how people try and "preserve" energy here anyway to be hip.

[Anonymous No.5798948]

>>5798927
>I'm on hydro
That shit's addictive, anon.

[Anonymous No.5798963]

>>5795629
>uhhhmmm..sorry sweetie but we cant have BTC anymore its ruining our planet

[Anonymous No.5799035]

>>5795629

The free market tends to eliminate waste. Proof of Work is a wasteful method of confirming transactions.

[Anonymous No.5799217]

>>5799035
That’s why gold mining disappeared.

Braindead boomers / teenagers.

[Anonymous No.5799250]

>>5795629
Agreed desu. I love watching these fags get so salty.

[Anonymous No.5799374]

>>5796057
>losers who play vidya and fap to anime in crypto
If it weren't for these people, you'd still be poor as fuck now, so you better shut the fuck up and insert that green dildo up to your ass.

[Anonymous No.5799411]

>>5795629
why do we still have these autistic ass /pol/tier normie hate threads?

[Anonymous No.5799444]

Can I have some BtC please 1P3vmCc7HW3k95zrvBcSEXnCvcakoF33i3

[Anonymous No.5799508]

>>5795629
Hey guys, I know this is gonna sound ridiculous but hear me out. The internet may one day be closed down due to power consumption, where will the peeps on this site then go? We must make a snail mail ring, a fanzine, or something. To unite in the hard times. I'm not joking.

[Anonymous No.5799541]

>>5799508
If the power and internet go off and I'm not allowed to shoot other people, I'm just going to shoot myself.

[Anonymous No.5799562]

>>5795629
This is why coins like Deep Brain and Siacoin will inevitablly become the main source of cryptocurrency. Two reasons:
1. Both coins are backed by a service
2. The processing power is for something useful rather than something trivial such as in Bitcoin

[Anonymous No.5799576]

>>5799508
Also, the whole thing needs to be planned in advance, cause we dont know when the shutdown will happen.

[Anonymous No.5799599]

>>5795629
HAHAHAHHAHAHAHAHHAHAHAHAHA
get fucked hippies!

[Anonymous No.5799729]

>>5796087
>The "I FUCKING LOVE SCIENCE" nerds are now attacking the concept of biology.
This is your brain on Marxism.

[Anonymous No.5799948]

mods could you please move this thread to /pol/

while your at it could you delete /pol/ and shoot everyone who uses /pol/

[Anonymous No.5799999]

>>5799411
>>5799948
Hey you can always fuck off back to your subreddit.

[Anonymous No.5800040]

you retards realize that all that money "value" that bitcoin got all goes to electricity waste costs right? its a ponzi scheme based on wasting electricity

[Anonymous No.5800122]

>>5799948
soycuck detected

[Anonymous No.5800125]

Sources for fucks sake.

>as much power as the US.

That sounds completely retarded.

[Anonymous No.5800134]

>>5798705
This.
You will also be wearing his "BUY/SELL" aura by having consumed his soul, guaranteed comfy gains.

[Anonymous No.5800754]

>>5800125
Can’t wait I’ll it reaches parity with gold.

[Anonymous No.5801155]

>>5797572
being a son of a war criminal, how does it feel?

[Anonymous No.5801207]

>>5800125
I don't get this, why does gold require energy? I'm probably asking somethign retarded but it's like what?

[Anonymous No.5801271]

>>5801207
Mining equipment, refinery, setup, transportation. And a lot more stuff.

[Anonymous No.5801317]

Build a few nuclear reactors, problem solved.

[Anonymous No.5801453]

>>5799562
DeepBrain Chain creates a decentralized neural network made up of innumerable mining nodes across the globe. These nodes will supply computational power for AI use in countless applications.

Mining nodes are compensated by receiving DBC. It is a secure trading platform that will allow the safe exchange of data between owners and users while protecting their rights.

DeepBrain Chain provides low-cost computing power while eliminating idle time across enterprises while protecting users with smart contracts ensuring data is safe. Computing power is kept flexible and idle time is minimized. Since there are so many nodes even if some are attacked the remaining nodes will still work and data leakage is forbidden.

DBC is essentially an extension of the DeepBrain AI platform (http://www.deepbrain.ai/ - This site is not very known to western investors b/c it isnt offered in English; i only came across it after doing due dilligence. Found the site link from one of DBC's venture sponsors, GSR). DB is already functional and serves landmark customers like Siemens, MS, Lenovo and Samsung. Unlike some of the peers in the 200mm market cap zone, DBC is one of the few that has a working platform to build on and definitely a rare gem that can leverage an existing corporate customer base.

[Anonymous No.5801465]

>>5801317
Nuclear reactors have a buildtime of 10-20 years and cost between 10-100 billion dollars to build. Bitcoin won't even exist anymore when they would finish construction.

[Anonymous No.5801541]

>>5801453

^ @ KuCoin of course

[Anonymous No.5801624]

>>5796087
kys faggot