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Fast-Nop40226173d@Root Which means an oligopoly control over the currency. Any babble of decentralisation goes right out of the window. That's why Ethereum has been lying about that change for years.
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Fast-Nop40226173d@iiii That's even worse with proof of stake because you don't even need ongoing costs anymore. Just sitting there with enough coins is sufficient.
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iiii8816173d@neticas, are you from Europe where by some perverted logic electricity made by gas is deemed "green" and was now bitten in the ass by Russia?
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Fast-Nop40226173d@iiii The rich have a much easier way: offering shit like well-paid directors' board jobs to influential people. That's how legalised corruption works.
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magicMirror10302173dJust buy the following:
8kw/h solar panels, and equipment.
A battery to hold what ever you don't use.
A crypto rig + coolling solution.
About 50k euro. -
Nanos11786173dI'm reminded of:
https://theverge.com/circuitbreaker...
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This cryptocurrency mining rig can also heat your home
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Jedidja956173dLots are already following to where power is cheap (or straight up aquire means to produce power) so I'm expecting more of that
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CrazyDiceGuy2173dCurious as well. Now that graphics cards are back in fullswing and not hard as hell to get.
Blessing and a curse at the same time. Wonder how much that has effected mining prices too? -
Fast-Nop40226173d@CrazyDiceGuy I think you have cause and effect the wrong way around. GPUs have dropped in price because demand from mining has dropped, and that's because mining has become less profitable with the crypto crash.
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Tounai535173dNo care it's not an asset that creates employment, allow creation of new technologies and so on. Some people will loose money, end of the story
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Nanos11786172d@netikras Mine work fine in winter, you just need lots of them !
And ideally vertical, not horizontal, and then the snow doesn't stick to them.
Related Rants
I wonder what's the future of the crypto-mining businesses, when electricity prices have sky-rocketed to 4€/kWh [from what it used to be 14ct 2 years ago]. True story. Shops had to close
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energy
crypto
price
electricity