Bitcoin - Virtual currency

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impar
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Re: Bitcoin - Virtual currency

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Greetings!
This UK farmer is using cow dung power to farm cryptocurrency

https://www.neowin.net/news/this-uk-far ... ocurrency/
Backblaze Launches Chia Plot Storage Service with Active Farming

https://www.techpowerup.com/283225/back ... ve-farming
Seagate and Western Digital increase HDD production as Chia sends sales skyrocketing
Despite the crypto's falling price

https://www.techspot.com/news/90008-chi ... te-wd.html
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impar
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Re: Bitcoin - Virtual currency

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Greetings!
Bitcoin Price Drops Below $30,000 – Will Analyst Fears Of Massive Crash Materialize?

https://wccftech.com/bitcoin-price-drop ... terialize/
W10x64 - B450 - R5 3600 - 16GB - RX 5700 - 1TB - 4TB - 24" 16:10 - 650W

This war is nothing but graphs of production intersecting...
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impar
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Re: Bitcoin - Virtual currency

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Greetings!
Bitcoin mining just became easier and more profitable

The Chinese crackdown on Bitcoin miners might have caused the price to fall, but it just made mining more lucrative for the rest of the world.

https://www.fudzilla.com/news/53158-bit ... profitable
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This war is nothing but graphs of production intersecting...
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Re: Bitcoin - Virtual currency

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Greetings!
Bitcoin power plant is turning a 12,000-year-old glacial lake into a hot tub
Private equity's cryptocurrency experiment pushes more costs on the public.

The fossil fuel power plant that a private equity firm revived to mine bitcoin is at it again. Not content to just pollute the atmosphere in pursuit of a volatile crypto asset with little real-world utility, this experiment in free marketeering is also dumping tens of millions of gallons of hot water into glacial Seneca Lake in upstate New York.

“The lake is so warm you feel like you’re in a hot tub,” Abi Buddington, who lives near the Greenidge power plant, told NBC News.
...
https://arstechnica.com/tech-policy/202 ... a-hot-tub/
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impar
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Re: Bitcoin - Virtual currency

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Greetings!
Chia Analysis: To Farm, or Not to Farm?

The arrival of Chia on the mainstream media radar brought with it some challenging and interesting questions here at Backblaze. As close followers of the hard drive market, we were at times intrigued, optimistic, cautious, concerned, and skeptical—often all at once. But, our curiosity won out. Chia is storage-heavy. We are a storage company. What does this mean for us? It was something we couldn’t ignore.

https://www.backblaze.com/blog/chia-ana ... t-to-farm/
W10x64 - B450 - R5 3600 - 16GB - RX 5700 - 1TB - 4TB - 24" 16:10 - 650W

This war is nothing but graphs of production intersecting...
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Tabajara
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Re: Bitcoin - Virtual currency

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impar wrote: Mon Jul 12, 2021 11:17 am Greetings!
Chia Analysis: To Farm, or Not to Farm?

The arrival of Chia on the mainstream media radar brought with it some challenging and interesting questions here at Backblaze. As close followers of the hard drive market, we were at times intrigued, optimistic, cautious, concerned, and skeptical—often all at once. But, our curiosity won out. Chia is storage-heavy. We are a storage company. What does this mean for us? It was something we couldn’t ignore.

https://www.backblaze.com/blog/chia-ana ... t-to-farm/
If a storage provider can't make it be profitable... Chia is the dumbest branch of a stupid idea.
Come put your overclock into good use at the nforcersHQ [email protected] team! :sweet:
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Re: Bitcoin - Virtual currency

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Tabajara wrote: Mon Jul 12, 2021 1:33 pm If a storage provider can't make it be profitable... Chia is the dumbest branch of a stupid idea.
I'm now firmly of the opinion that all profit related computer mining should be banned, when our planet is literally on fire due to excessive CO2 emissions, it's the most ridiculous misuse of electrical power and components we've seen yet.

Even [email protected] was a respectable use of hardware compared to Chia, and that's saying something. :P #-o
Libera te tutemet ex inferis
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Re: Bitcoin - Virtual currency

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Nuclear-powered cryptomining facilities are coming to the US
Expect an accident to create a new superhero called Bitcoin Man

https://www.techspot.com/news/90400-nuc ... ng-us.html
3,800 PS4s found and seized from a cryptocurrency farm in Ukraine
Is that the best hardware they could find?

https://www.techspot.com/news/90376-ukr ... -ps4s.html
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Re: Bitcoin - Virtual currency

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EU will force data collection on Bitcoin

Proposed changes to EU law would force companies that transfer Bitcoin or other crypto-assets to collect details on the recipient and sender.

https://www.fudzilla.com/news/53258-eu- ... on-bitcoin
Malaysia crushes 1,069 bitcoin mining rigs

Image

Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them, as part of a joint operation between law enforcement in the city of Miri and electric utility Sarawak Energy.

https://www.fudzilla.com/news/53252-mal ... ining-rigs
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This war is nothing but graphs of production intersecting...
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Re: Bitcoin - Virtual currency

Post by Tabajara »

impar wrote: Wed Jul 21, 2021 11:10 am Greetings!
EU will force data collection on Bitcoin

Proposed changes to EU law would force companies that transfer Bitcoin or other crypto-assets to collect details on the recipient and sender.

https://www.fudzilla.com/news/53258-eu- ... on-bitcoin
Malaysia crushes 1,069 bitcoin mining rigs

Image

Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them, as part of a joint operation between law enforcement in the city of Miri and electric utility Sarawak Energy.

https://www.fudzilla.com/news/53252-mal ... ining-rigs
Such a beautiful sight
Come put your overclock into good use at the nforcersHQ [email protected] team! :sweet:
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