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Banning cryptocurrencies would be like banning Internet in 1990s
Re: NVIDIA is cutting the 3060's Hash Rate in Half & NEW Mining specific GPU's
How does the driver detect ETHASH is running on the card? After detection of ETHASH, the driver must be sending a preset signal to the card and the bios loads a low perf setting.
Re: PhoenixMiner 5.3b: fastest Ethereum/Ethash miner with lowest devfee (Win/Linux)
Hey PhoenixMiner, ever since the last ETH Epoch and the new 3.98GB DAG, I am seeing a slowdown on all my mining graphics cards. It varies from 5 - 10% depending on the card type and other settings. I am using version 5.3b. Any explanations as what could be the reason for this slowdown?
Re: [2020-01-28] Your Bitcoin Should Be Seized to Pay for Climate Reparations
Let's beat this with actual statistics, I think it's pretty obvious this person doesn't really understand anything about what she is talking about anyway.
Going off a graphic, it seems in 2018 the world used 200,000 (TWH), and following the usually % increase in electricity cost, it's fair to say that ~ 84.23 TWH has been used in 2019. Now, I am using a tool created by students at Cambridge university - https://www.cbeci.org/.
With the current bitcoin network power (which keep in mind, is even higher then the network power last year), it estimates that 10-11 GW is being used a year for bitcoin network power. 0.042% of electricity... That is not a much, compared to how much % other services take up.
Going off a graphic, it seems in 2018 the world used 200,000 (TWH), and following the usually % increase in electricity cost, it's fair to say that ~ 84.23 TWH has been used in 2019. Now, I am using a tool created by students at Cambridge university - https://www.cbeci.org/.
With the current bitcoin network power (which keep in mind, is even higher then the network power last year), it estimates that 10-11 GW is being used a year for bitcoin network power. 0.042% of electricity... That is not a much, compared to how much % other services take up.
Some quick back of the envelop analysis from your stats.
It takes 4 acre of land to produce 1MW using solar generators.
In order to produce 10GW we need 40000 acre land (just 62.5 square miles). Multiply it by 4 to account for bad weather and night time offline generators.
The is hardly anything considerable, especially in sun rich countries like Australia, India, and several others in Africa where land is cheap and lots of barren properties are available to be scooped up / leased for cheap.
Bitcoin network can entirely be supported with renewables, if need be, for a considerable amount of time in to the future.
Re: [2020-01-28] Your Bitcoin Should Be Seized to Pay for Climate Reparations
Let's beat this with actual statistics, I think it's pretty obvious this person doesn't really understand anything about what she is talking about anyway.
Going off a graphic, it seems in 2018 the world used 200,000 (TWH), and following the usually % increase in electricity cost, it's fair to say that ~ 84.23 TWH has been used in 2019. Now, I am using a tool created by students at Cambridge university - https://www.cbeci.org/.
With the current bitcoin network power (which keep in mind, is even higher then the network power last year), it estimates that 10-11 GW is being used a year for bitcoin network power. 0.042% of electricity... That is not a much, compared to how much % other services take up.
Going off a graphic, it seems in 2018 the world used 200,000 (TWH), and following the usually % increase in electricity cost, it's fair to say that ~ 84.23 TWH has been used in 2019. Now, I am using a tool created by students at Cambridge university - https://www.cbeci.org/.
With the current bitcoin network power (which keep in mind, is even higher then the network power last year), it estimates that 10-11 GW is being used a year for bitcoin network power. 0.042% of electricity... That is not a much, compared to how much % other services take up.
In light of the total wealth that is being secured by the Bitcoin network (both current, ~200bn, and future projections upto a few trillions USD), I think the world is getting a really good deal with the energy consumption of the Bitcoin network, especially when compared to the waste that is the banking industry.
Re: [2020-01-30] Bitcoin Has Lost Steam. But Criminals Still Love It.
Really, 2011 called again?
96BTC ransomware bounty was identified at Bitfinex yesterday.
http://jpkoning.blogspot.com/2020/01/what-happens-when-96-bitcoin-ransom.html
96BTC ransomware bounty was identified at Bitfinex yesterday.
http://jpkoning.blogspot.com/2020/01/what-happens-when-96-bitcoin-ransom.html
Re: [2020-01-28] Your Bitcoin Should Be Seized to Pay for Climate Reparations
Yeah, and they eat chocolate all day that comes out of blue cows' horns.
Switzerland is the 10th in vehicle ownership per capita, with four countries being obviously not suited for these criteria ( San Marino or Liechtenstein).
And while the US might have more cars per capita they also have older cars by an average of 2 years.
you mean the puny Swiss designed car in existence, the Smart Fortwo.
, where do you think the Swiss drive their cars, on the slope of Alps? Swiss use their congested commuter trains and buses as well as 2 legs to travel around and maybe use their cars during vacation outside the country. The Swiss energy footprint for all practical purpose is nada, and thus Bitcoin network's energy consumption, which is similar to this tiny country, should not be a point of debate.Re: [2020-01-28] Your Bitcoin Should Be Seized to Pay for Climate Reparations
Are we really going to compare and say that 9 million people traveling, working, partying and making chocolate and watches consuming the same amount of energy as 300 000 people doing a transaction a day is the same?
the 9 million people who live like ants, in stinky insulated cottages, burning oil and wood to heat them, where AC is a remote concept, hardly drive any cars, and in a tiny mountainous isolated region full of cows.
vs
the 300k people who live in the real world, wanting to secure real wealth from destruction.
Security is expensive, if in doubt look at the American military.
Re: [2020-01-28] Your Bitcoin Should Be Seized to Pay for Climate Reparations
Define gargantuan, Power consumption equivalent to a tiny country like Switzerland is not gargantuan. Banking industry, gold mining industry are far bigger energy consumers than the Bitcoin network and mining infrastructure. We should dock her fiat salary and buy miners and solar panels with it.
THese gigabyte 7950s are the best - cards are the coolest in whole setup, last night I let the window be open wide, in the morning they were running at 32C
what clock and voltage setting are you using? I have never seen such low temps on my air cooled 7950 @ 1Ghz, 1.09V. I will be making about 11 btc a day tommorow.
There would be a 3% PPS fee or earnings variance in case of a DGM pool. And difficulty is projected to double in a month, hopefully BTC-Euro prices will keep up.
I have added a new vent with a 80mm fan and dryer hose.
The total power consumption for the rigs in the room is 2200Watts.
http://imgur.com/4yWfR
The total power consumption for the rigs in the room is 2200Watts.
http://imgur.com/4yWfR
whatever happened to scaling pictures down a bit?
My bad! copied directly from iPhoto.
