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| Vigo:
--- Quote from: HaRuMaN on January 10, 2018, 01:17:41 pm --- --- Quote from: Vigo on January 10, 2018, 11:22:50 am ---Each and every bitcoin transaction uses 300 kWh of electricity --- End quote --- Not exactly correct, that should read "every bitcoin mined" --- End quote --- Not claiming to be an expert, I'm going off the article I linked in my post, which said every transaction. I assumed that meant that it requires all online computers to process every transaction occurring in order to maintain the decentralized network. No matter what, the article goes on to state there are 350,000 transactions per day, meaning that every day enough power is consumed by bitcoin to power an arcade machine for a staggering 35 thousand years. Now the article could be full of ---steaming pile of meadow muffin---, but even if numbers are half of that, it still is pretty mind blowing. |
| dkersten:
I bet if you read every article that talks about how much electricity is used for this or that and added it all up it would be 100 times the amount of actual electricity used, lol. No question running my computer as a mining rig or to compute transactions burns more than if it is just idle, but it is still on and running other things even if it is not actually actively crunching numbers. It is pretty interesting how much power it takes though... Good thing it is generating more income than the electricity is costing so that it can continue to contribute to the GDP of the world. There may not be some physical good created by it, but it still has an approximate GDP of around 15 billion. That's 15 billion that feeds people or could be used to research more efficient computing or is being put to good use funding green companies, right? I wonder how much electricity is being used for other "@home" type distributed computing projects... ? I mean, just because you are folding or searching for extra terrestrial life or contributing to some medical research doesn't mean you aren't wasting power too. I mean, those things don't put food on the table and they still convert fossil fuels into heat and co2, so why aren't there any articles on how much those projects are melting the polar bears. |
| leapinlew:
--- Quote from: dkersten on January 10, 2018, 05:48:50 pm ---I wonder how much electricity is being used for other "@home" type distributed computing projects... ? I mean, just because you are folding or searching for extra terrestrial life or contributing to some medical research doesn't mean you aren't wasting power too. I mean, those things don't put food on the table and they still convert fossil fuels into heat and co2, so why aren't there any articles on how much those projects are melting the polar bears. --- End quote --- You aren't really asking that are you? lol. It's because the end goal of those tasks aren't monetary in nature. Bitcoins reason for existing is as currency. Well, it was currency, now it's for short term speculation. |
| pixel:
--- Quote from: dkersten on January 10, 2018, 05:48:50 pm ---I bet if you read every article that talks about how much electricity is used for this or that and added it all up it would be 100 times the amount of actual electricity used, lol. No question running my computer as a mining rig or to compute transactions burns more than if it is just idle, but it is still on and running other things even if it is not actually actively crunching numbers. It is pretty interesting how much power it takes though... Good thing it is generating more income than the electricity is costing so that it can continue to contribute to the GDP of the world. There may not be some physical good created by it, but it still has an approximate GDP of around 15 billion. That's 15 billion that feeds people or could be used to research more efficient computing or is being put to good use funding green companies, right? I wonder how much electricity is being used for other "@home" type distributed computing projects... ? I mean, just because you are folding or searching for extra terrestrial life or contributing to some medical research doesn't mean you aren't wasting power too. I mean, those things don't put food on the table and they still convert fossil fuels into heat and co2, so why aren't there any articles on how much those projects are melting the polar bears. --- End quote --- Imagine how much Energy is being used to power CERN, on a regular basis. They changed "Global Warming" to "Climate Change" ... because there have been recordbreaking Cold... even Snowing in the Sahara Desert. There are people saying that the Sun in at a "Grand Solar Minimum", and that our Earths orbit wobbles in such a way... that every nth amount of time... that wobble causes the tilt to be further away from the sun than typical. There are others claiming a Mini Ice Age on the Horizon. What is interesting... is that for many years now... a lot of shows were dedicated to survival shows. Next was the whole "Beard / Facial Hair" popularization. Somewhere in there... Robin Williams was speaking about an Ice Age coming, and that nobody was going to tell the people... and untold million were going to die. I dont think it was that much longer after that... that he was found to have passed on to the other side... A lot of people out there, are also promoting survival gear, shelter kits, and even massive underground survival bunker communities, that you rent / buy in advance. Sort of like some kind of doomsday life-insurance policy. Finally... There is talk of a hidden planet that has a massive orbit in a different vector. Planet X / Nirubu. One wonders, if such a massive body getting too close to us... could cause our planets axis and or magnetic poles to shift. One also wonders... if the combination of the axis / pole shift and the speed of rotation slows... if gravity itself would become much lighter. If that were the case... I wonder if that is one of the reasons why Ancient civilizations were able to move extremely heavy objects... to form massive complex structures.. much more easily. Also heard... that the Earths rotation causes the Oceans in the center axis.. to bulge out... and that if the rotation slows too much, that water will come crashing down... causing something like 100ft tall Tsunami waves... as well as causing much of the lowest levels of earth... to be completely drowned in deep waters... similar to something out of the Bible. Adding to this... a large heavenly body, might be able to pull the Earths plates around... causing Earth Quakes, Volcano's, and massive shifting of the land masses. Ohh, almost forgot... Some think that the Chem-Trails are one of the ways the Govt. is trying to hide what will be coming into view soon. All speculation, of course. Pattern matching. Nothing more. I dont have any firm stance / beliefs on the stuff... but will say... that all combined... its very odd. Ugg - Remembers, that there in like a square mile of UN vehicles in the middle of nowhere... doing nothing... And that many Prison-like camps, had started to be build when Bush was in power... and reports of them becoming operational have been rolling in. One that same note.. certain Walmarts had been closing... and blamed it on plumbing issues... which turned out to be a lie... and soon after, there were reports of military like operations taking place in these areas. A watchtower, razor wire fencing, and Underground tunnels being reportedly dug... from contractors who leaked what they saw. One also wonders, if Trumps WALL, is actually being designed as a way to protect the states from a flood Tsunami. As realistically speaking, it does not seem very practical. Look at Area 51. Get within Binocular distance... and you are being greeted by some angry men, with pistols at the ready. Thats not even considering things like Drones / Armed Drones. Ok... I mean it now... last comment in this box: Its funny how the Wealthiest people are pushing Global Warming and Carbon Taxes... and yet, they can get away with heating and cooling entire Mansions, mowing acres of lawn, driving 2 mpg Supercars, and taking frequent private Jet rides.. often at your Tax Dollars expense. All while getting off nearly or fully Tax Free.. while the poor are forced to absorb the costs, and deal with cutbacks. bans, and severe life inconveniences. The Hypocrisy is beyond comprehension. |
| Malenko:
I think your tinfoil hat might be on a little too tight. |
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