Quote from: bigjme on September 12, 2014, 11:06:03 AM

Quote from: bathrobehero on September 12, 2014, 10:56:33 AM

Quote from: joelao95 on August 12, 2014, 05:53:06 AM

The additional advantage is that the algorithm is not memory hard which means a lot of energy consumption during mining processes. The energy wasting in Bitcoin mining has now been a world-wide concern.

That statement leaves me scratching my head.

Does bitcion mining use memory? lmao damn ASIC's and there huge memory amounts Roll Eyes

On a side note i think his sentence should be changed to "The energy wasting in ALTcoin mining has now been a world-wide concern."

I do think Proof of Storage is a better system as once its generate it doesn't waste much power at all.

Who else do we know that likes to waste lots of power? Hmmmm **thought bubble reading "AMD"**

The UK/EU i know is cutting down on power usage for devices, hoovers are the current one, pc's will surely be next, Nvidia is going green(er) then usual with the new cards which is great

English isn't his mother tongue... and that's total bullshit Grin

(sha256 isn't mem resistant at all, it doesn't even use any memory)
on an other hand scrypt is memory resistant, we see how that prevented asic now Grin

So if you want to heat your apartment, I suggest non memory resistant algo and for summer to switch to memory resistant algo (which isn't even obvious alctually... card were running hot on scrypt and worst on scrypt-n)

I saw that some time ago on tv, there is a datacenter in Lyon, which heat is used to warm the water of a public swimming pool... (and that's probably on cpu...)
A gpu datacenter would probably be ok to boil water of a noodle restaurant Grin